Credit Card Forum
  1. #1
    Mogul of Pineapples
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    Default GE store credit cards

    GE has over $32 billion in store credit cards issued through them. The handle major retailers like Wal-Mart, Lowes, J.C. Penney, Dillards, Ikea, Chevron, and many others. GE went from being the bluest of blue chip stocks to almost penny stock status the past few weeks. Some say they are following the path of Citi, despite that they are a diversified company.

    The ironic thing is GE saw this coming and tried to sell their store credit card unit last year before the crisis really accelerated but no one was interested. Wow I wonder why no one wanted to buy a sinking ship.
    Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed. Regardless, anything I say is my honest opinion.

    Current Cards:     American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
    Primary Everyday Card: American Express Blue Cash
    Primary Travel Card: Citi Thank You Premier
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    Reply With Quote Reply With Quote     Mar 8, 09, 3:38 am
  2. #2
    Cucumber
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    I *think* Citi is like the first or second issuer of store cards too. Maybe that's why there stock can now be bought at the 99 Cents Only store
    OBAMA
    Stop talking crap about him!
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    Reply With Quote Reply With Quote     Mar 9, 09, 1:38 am
  3. #3
    Floppster
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    Quote Originally Posted by Cucumber View Post
    I *think* Citi is like the first or second issuer of store cards too. Maybe that's why there stock can now be bought at the 99 Cents Only store
    Just to get the think part straight .... My favorite:
    YouTube - Berlitz commercial
    Intellectuals solve problems. Geniuses prevent them.
    - Albert Einstein 1879-1955
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    Reply With Quote Reply With Quote     Mar 9, 09, 8:30 pm
  4. #4
    Cucumber
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    LOL why can't we have good commercials like that in this country too!!!

    OBAMA
    Stop talking crap about him!
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    Reply With Quote Reply With Quote     Mar 11, 09, 12:37 am
  5. #5
    gboogie
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    Default Business credit

    Yeah HSBC is a much tougher bank but i would rather go with them. Dont know if this will help any of you but i learned a few tricks at gboogie.net for free. business credit love everyone!
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    Reply With Quote Reply With Quote     Jun 27, 09, 5:39 pm
  6. #6
    Thomas
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    I wouldn't touch anything with GE money with a 10 foot pole. Ive had more than my fair share of bad experiences with them.
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    Reply With Quote Reply With Quote     Aug 19, 09, 10:32 pm
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