Elan Financial Services Credit Card Reviews
This content is not provided by Elan Financial Services . Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Elan Financial Services . Review content is powered by Finance Globe.
Title: Is This Part Of Aspen Gold Card
Date Reviewed: 2007-03-08 01:23:52 | Recommended?: No
Review: Confusing credit invitation/service online for Aspen Gold Card. Not doing it.
Title: Is Aspen Master Card A Scam?
Date Reviewed: 2007-03-08 01:39:16 | Recommended?: No
Review: Fist bank of@ trust of atlanta is offering a non secured MasterCard with online roadblocks to apply, be cautious if you are interested, I believe it may be a rip off card in the works.
Title: Is Aspen Master Card A Scam?
Date Reviewed: 2007-03-15 21:16:32 | Recommended?: Yes
Review: I am really disappointed with "Aspen". In my past experiences, as long as the cardholder is making the required minimum payments, the company was happy.
NOT with "Aspen". Usually new cardholders are given a $300 limit and $200 of that is used to cover fees they charge. So there is only about $100 left on it for the cardholder. My balance went a little bit over the $300 and despite the fact I was doubling my payments and paying on time. I received a letter in the mail stating they had closed my account. So in my opinion its a RIPOFF, it was a way for them to give me
a $100 but they made an extra $300 off of me. They made a $300 profit! I was using them to try to repair my credit... But now look. I don't rec commend ASPEN!
Title: Help Prevent A Ripoff
Date Reviewed: 2007-03-16 21:03:58 | Recommended?: No
Review: I do not know but all evidence shows there is a scam and a not so strange ripoff.
Title: Good First Card
Date Reviewed: 2010-03-15 12:46:35 | Recommended?: Yes
Review: The bank issued was West Coast Coast Bank.
I applied for this card in September 2008. It was my first credit card. They gave me a limit of $1,000 (now $1,400). The starting APR was something like 19.99%. It lowered to 18.99%, and now is 20.99%. I don't use the card anymore. But, I purposely keep a $75 balance so it won't close itself. It's given me 1.5 years credit history so I find it valuable for that reason. I now have a Capital One MasterCard and a credit union Visa. I plan on applying for an American Express in September/October 2010, if accepted I will close the Capital One and Elan card. The Elan card does give me 1 point per dollar spent. I also received free points upon first use of the card. Overall I would suggest it for someone trying to get their first card. Also noting they may have seen my cash levels in my account(s) at West Coast Bank. That could make a difference. I don't know my scores when I applied. Now I sit at 712 Experian.
**Elan Financial Services is a card issuer for smaller banks, such as West Coast Bank.
Title: Good Card
Date Reviewed: 2011-01-10 15:00:38 | Recommended?: Yes
Review: This is a good card but be care full you have to be useing it or they lower your cl had 1k now $500 for letting it sit in my wallet
Title: Interest Rate Was Doubled!
Date Reviewed: 2011-02-18 23:37:22 | Recommended?: No
Review: After being a loyal customer for 7+ years Elan notified me that the interest rate on new purchases as of 5/1/2011 was being raised from 7.99 % to 14.99%. The reason stated in the letter is "The change in the APR on your credit card Account was made as a result of a review of your Account and our decision was based on the net level of profitability of the Account." Needless to say, I will not be doing business with Elan or Cardmember Service again. I am using some savings to pay off my card and am closing my account. I don't appreciate being treated this way after being a customer for years. Interestingly, no one was willing to own up to being responsible for this decision. The letter was simply signed "Sincerely, Cardmember Service"
Add Your Review
