US Bank CLI Denied....

[One7]

I got this card at the beginning of my journey as a secured card, after a year I asked for it to be unsecured which they did for me. Its been 10 months since then and they still wont give me anything and its by far my lowest limit sitting at $300... ughhhh Anyway I requested an increase online with their rediculous old school form and today got a letter saying I was denied yet again. They said too many new accounts  (which is true) but also that my TU score was 616... 616? Seriously 616? What TU are they pulling? Even though it was a SP all my TU scores are above 720; Discover, Walmart, Barclays and even all the Fakos. The fakos all say I have near 800 scores. So what gives? A 616? I haven't had a score like that in a year and a half... very disappointed at them and as soon as this card hits 2 years its gone! Planned on getting it to 5k and then PCing it to a better US Bank product but apparently that'll never happen. 616??? Really?

[Anonymous]

Excuses.

[TRC_WA]

Maybe it's just me... but if I had $100k + of credit lines (just napkin math I didn't actually add up your accounts) I would have closed the $300 account long ago...

... and with that many new accounts... well... are you really surprised?

[chalupaman]

---

@One7 wrote:

I got this card at the beginning of my journey as a secured card, after a year I asked for it to be unsecured which they did for me. Its been 10 months since then and they still wont give me anything and its by far my lowest limit sitting at $300... ughhhh Anyway I requested an increase online with their rediculous old school form and today got a letter saying I was denied yet again. They said too many new accounts  (which is true) but also that my TU score was 616... 616? Seriously 616? What TU are they pulling? Even though it was a SP all my TU scores are above 720; Discover, Walmart, Barclays and even all the Fakos. The fakos all say I have near 800 scores. So what gives? A 616? I haven't had a score like that in a year and a half... very disappointed at them and as soon as this card hits 2 years its gone! Planned on getting it to 5k and then PCing it to a better US Bank product but apparently that'll never happen. 616??? Really?

---

I'd just dump the card. You've got so many better ones now anyway and you can always try US Bank's better products in the future.

[NRB525]

---

@One7 wrote:

I got this card at the beginning of my journey as a secured card, after a year I asked for it to be unsecured which they did for me. Its been 10 months since then and they still wont give me anything and its by far my lowest limit sitting at $300... ughhhh Anyway I requested an increase online with their rediculous old school form and today got a letter saying I was denied yet again. They said too many new accounts  (which is true) but also that my TU score was 616... 616? Seriously 616? What TU are they pulling? Even though it was a SP all my TU scores are above 720; Discover, Walmart, Barclays and even all the Fakos. The fakos all say I have near 800 scores. So what gives? A 616? I haven't had a score like that in a year and a half... very disappointed at them and as soon as this card hits 2 years its gone! Planned on getting it to 5k and then PCing it to a better US Bank product but apparently that'll never happen. 616??? Really?

---

Are you near an actual US Bank Branch? If so visit them and the tellers will likely be happy to put in your app for a new card. If not, you can try calling them.

This card has reached the limit of what it can do. Time to bury it like a little dead frog.

[Anonymous]

---

@NRB525 wrote:

---

@One7 wrote:

I got this card at the beginning of my journey as a secured card, after a year I asked for it to be unsecured which they did for me. Its been 10 months since then and they still wont give me anything and its by far my lowest limit sitting at $300... ughhhh Anyway I requested an increase online with their rediculous old school form and today got a letter saying I was denied yet again. They said too many new accounts  (which is true) but also that my TU score was 616... 616? Seriously 616? What TU are they pulling? Even though it was a SP all my TU scores are above 720; Discover, Walmart, Barclays and even all the Fakos. The fakos all say I have near 800 scores. So what gives? A 616? I haven't had a score like that in a year and a half... very disappointed at them and as soon as this card hits 2 years its gone! Planned on getting it to 5k and then PCing it to a better US Bank product but apparently that'll never happen. 616??? Really?

---

Are you near an actual US Bank Branch? If so visit them and the tellers will likely be happy to put in your app for a new card. If not, you can try calling them.

This card has reached the limit of what it can do. Time to bury it like a little dead frog.

---

Frog.

Lol...

[Themanwhocan]

---

@TRC_WA wrote:

Maybe it's just me... but if I had $100k + of credit lines (just napkin math I didn't actually add up your accounts) I would have closed the $300 account long ago...

... and with that many new accounts... well... are you really surprised?

---

They said they got that card at the start of their credit journey 10 months ago.  And they apparently gained that massive number of cards and credit limits in that 10 months, including a $30,000 NASA card and a $15,000 Diners Club card, both of which are pretty recent cards for most people that have them. And US Bank denied a CLI?

Hmm, perhaps I don't recall where I was going with this. I can't figure out why they would deny a CLI either...

Signed,

-Mr Friendly, Supportive, and Respectful

[Anonymous]

I believe US Bank uses FICO 04 scores. Your MyFICO scores are FICO 08.

[TRC_WA]

---

@Themanwhocan wrote:

---

@TRC_WA wrote:

Maybe it's just me... but if I had $100k + of credit lines (just napkin math I didn't actually add up your accounts) I would have closed the $300 account long ago...

... and with that many new accounts... well... are you really surprised?

---

They said they got that card at the start of their credit journey 10 months ago.  And they apparently gained that massive number of cards and credit limits in that 10 months, including a $30,000 NASA card and a $15,000 Diners Club card, both of which are pretty recent cards for most people that have them. And US Bank denied a CLI?

Hmm, perhaps I don't recall where I was going with this. I can't figure out why they would deny a CLI either...

Signed,

-Mr Friendly, Supportive, and Respectful

---

How many new accounts in the OP's sig?

42?  In 10 months?  Obviously US Banks red flags went off.  Ya think?

I don't work in banking but the denial is pretty easy to figure out.  I'd wager too many inquiries was another factor.

Signed,

Captain Obvious

[FinStar]

---

@TRC_WA wrote:

---

@Themanwhocan wrote:

---

@TRC_WA wrote:

Maybe it's just me... but if I had $100k + of credit lines (just napkin math I didn't actually add up your accounts) I would have closed the $300 account long ago...

... and with that many new accounts... well... are you really surprised?

---

They said they got that card at the start of their credit journey 10 months ago.  And they apparently gained that massive number of cards and credit limits in that 10 months, including a $30,000 NASA card and a $15,000 Diners Club card, both of which are pretty recent cards for most people that have them. And US Bank denied a CLI?

Hmm, perhaps I don't recall where I was going with this. I can't figure out why they would deny a CLI either...

Signed,

-Mr Friendly, Supportive, and Respectful

---

How many new accounts in the OP's sig?

42?  In 10 months?  Obviously US Banks red flags went off.  Ya think?

I don't work in banking but the denial is pretty easy to figure out.  I'd wager too many inquiries was another factor.

Signed,

Captain Obvious

---

OP - didn't you also recently get 2 CLIs with BofA (I believe Merril+ was one of them)?  Honestly, even by my recent growth with new cards, I space things out so as not draw attention.  But, if you have no further need with the US Bank card (regardless of CL) just close it.  Also, IMO, I think it's time to slow down.  Remember, lenders are watching and if you recently ammassed several new accounts (especially in the last 8-12 months) to include the number of inquiries you don't want to place yourself on the AA "algorithm" radar, by anyone.   Just my .02c.   As far as the score, check to see how current that is and whether it's their own scoring model.