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The Corvette Gold MasterCard® is now issued by HSBC Bank Nevada, N.A.. The reviews posted below were posted during the time when Household Bank issued the credit card. If the credit card you would like to post a review about is now issued by HSBC Bank Nevada, N.A., click here to post a review. (This may require you to submit a new card listing, if so, click on the link "Credit card not listed?..." on the next page.) |
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Corvette Gold MasterCard®
Issued by Household Bank |
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| Total Posts: 1 |
Average Rating:
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Category: Regular |
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Showing 1 - 1 of a total of 1 Commentaries |
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| "O.K. Credit Card" |
I got this card back in October of 2003, with a starting credit line of $1,500.00. I had experienced some ‘blemishes’ a few years ago due to a divorce, and was surprised to get accepted for this card.
I usually pay my balance in full every month, which I did during the December 2003 statement cycle. On my January statement, I noticed a “Reduction in credit line” message, advising that my line was reduced from $1,500.00 to $1,260.00. While I understand that banks regularly review their portfolios and reprice them accordingly, I was a bit irritated to see that I had the same (or better) credit status that I did when I got the card, and Household was already reducing the line.
Other than their odd line reduction policies, this card has been pretty good. It comes with 0% interest for the first 9 months, and offers a LOW balance transfer rate with free convenience checks when you open your account.
Good card, just weird credit practices. |
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| Most attractive feature: Good Initial Credit Line, No Annual Fee |
| Least attractive feature: Frequent Reductions In Credit Line |
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| Posted by: Brian |
| Date: 3/12/2004 |
Recommend?  |
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This person does recommend this card.
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Showing 1 - 1 of a total of 1 Commentaries
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