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US Bank CLI Denied....

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Themanwhocan
Senior Contributor

Re: US Bank CLI Denied....


@One7 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


I know you dont know my full journey but you could have at least read the original post. Ive had this card almost 23 months NOT 10 months. My NASA cc I got before this one not recently like everyone else. What you obviously missed is that I'm irritated at thr score they said they used, the 616, they want to deny more for too many accounts well then so be it, but them throwing a 616 at me is crazy


I read the original post in this thread, of course. I don't go around researching everyones posts to see if they have made other posts that contradict the information they post in each thread.

 

Anyways, you obtained an ungodly amount of credit in 2 years. Naturally getting a CLI wil be difficult with creditors, they won't see any profit in doing so.

 





TU-8: 804 EX-8: 805 EQ-8: 788 EX-98: 767 EQ-04: 752    
TU-9 Bankcard: 837 EQ-9: 823 EX-9 Bankcard: 837
Total $443,800
Message 31 of 41
One7
Valued Contributor

Re: US Bank CLI Denied....


@TRC_WA wrote:

@One7 wrote:

Haha sorry it just got me aggravated whenever you so "usefully" used the words "ya think" and "signed captain obvious" on info you gave that had absolutely nothing to do with the question. You could of said that any other way but instead said it like a 14 year old teenager. Then you wonder why people get irritated. This is supposed to be a forum to help others not a place to be ignorant and bash people because they chose to go a different route when rebuilding, seems like my route worked pretty darn good, my scores are all in the low to high 700s now from the 500s there were just two years back. Dont "ya think"?


I'm actually 40... and I kinda get aggravated too when I get smartass replies to my posts.

 

Thing is though, it wasn't you... it was the other guy.  All I had said was "40 new accounts are you really surprised?" which is 100% true... because new accounts DO matter.  Then I get a "signed, mr. respectful blah blah" reply and that got the snowball rolling downhill...  

 

Now that you know there is a difference between FICO 08 and 04 you should be good to go.  You already know that opening 40+ accounts with $100k, oops, $256k worth of credit lines in 2 years leaves you wide open for "too many new account" and "too many inquiries" denials so at least you won't have to make a post about it next time.

 

Grats on your rebuild... 


Thank you for the info, sorry for being a jerk I let the thread get the best of me. I try to be as nice and respectful as possible and I really have came from to the dumps with my credit scores so when I get negative imput it gets the blood flowing. Thanks again for the help

EX 810 EQ 805 TU 792 Diners WEMC 15k Chase United Club VS 15k | Hyatt VS 25k | Ritz VI 5k | Frdm VS 6k | CSP VS 5k | Mariott VS 6k | Amzn VS 16k Citi ExecAA WEMC 18k | TYP VS 7k | Costco VS 9k | Hilton Reserve VS 6k | Best Buy Visa 5k BofA Travel VS 30k | Cash VS 41k | Merrill+ VS 46k Barclay Rwds WMC 6k | Hawaiin WEMC 10k | JetBlue WEMC 8k | Aviator S WEMC 6k Amex Plat: NPSL | BCP 8k | SPG 3k WF Rwds VS 9k | Propel World Amex 25k | Dillards Amex 2k BBVA NBA Amex 10k Cap1 GM WEMC 8k | QS Visa 3k | Saks WEMC 9k NASA 30k Discover It 7k | US Bank Cash+ VS 15k | Flex Perks VS 20k ||| Total Rwds VS 12k | SG Rwds 11k | Walmrt MC 8k | Lowes 17k | Bowflex 9k | J Deere 15k | TJ Max 4k | Care 15k | HDepot 20k | Amzn 5k | PPal Extras 8k | Chvron 10k | Macys 15k | JCrew 18k | Marvel 8k | Stash VS 8k | Cabelas 10k | Statefarm 12k | Nordstrom Visa 10k \\\\Gardening since January////
Message 32 of 41
One7
Valued Contributor

Re: US Bank CLI Denied....


@Themanwhocan wrote:

@One7 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


I know you dont know my full journey but you could have at least read the original post. Ive had this card almost 23 months NOT 10 months. My NASA cc I got before this one not recently like everyone else. What you obviously missed is that I'm irritated at thr score they said they used, the 616, they want to deny more for too many accounts well then so be it, but them throwing a 616 at me is crazy


I read the original post in this thread, of course. I don't go around researching everyones posts to see if they have made other posts that contradict the information they post in each thread.

 

Anyways, you obtained an ungodly amount of credit in 2 years. Naturally getting a CLI wil be difficult with creditors, they won't see any profit in doing so.

 


Yeah it makes sense I did get tons of new credit, I'm just not happy with their score they used. Makes me feel like I'm going backwards instead of forwards with my credit. Time to let things age 

EX 810 EQ 805 TU 792 Diners WEMC 15k Chase United Club VS 15k | Hyatt VS 25k | Ritz VI 5k | Frdm VS 6k | CSP VS 5k | Mariott VS 6k | Amzn VS 16k Citi ExecAA WEMC 18k | TYP VS 7k | Costco VS 9k | Hilton Reserve VS 6k | Best Buy Visa 5k BofA Travel VS 30k | Cash VS 41k | Merrill+ VS 46k Barclay Rwds WMC 6k | Hawaiin WEMC 10k | JetBlue WEMC 8k | Aviator S WEMC 6k Amex Plat: NPSL | BCP 8k | SPG 3k WF Rwds VS 9k | Propel World Amex 25k | Dillards Amex 2k BBVA NBA Amex 10k Cap1 GM WEMC 8k | QS Visa 3k | Saks WEMC 9k NASA 30k Discover It 7k | US Bank Cash+ VS 15k | Flex Perks VS 20k ||| Total Rwds VS 12k | SG Rwds 11k | Walmrt MC 8k | Lowes 17k | Bowflex 9k | J Deere 15k | TJ Max 4k | Care 15k | HDepot 20k | Amzn 5k | PPal Extras 8k | Chvron 10k | Macys 15k | JCrew 18k | Marvel 8k | Stash VS 8k | Cabelas 10k | Statefarm 12k | Nordstrom Visa 10k \\\\Gardening since January////
Message 33 of 41
Ghoshida
Valued Contributor

Re: US Bank CLI Denied....


@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?


OP, in my case, they used to pull TU Bankcard enhanced 04, which is not only a different mechanism but also a different range. And it always showed 70-80 points lower than my TU FICO 08 (Discover).

 

In my understanding, this Bankcard enhanced penalizes new accounts and inquiries heavily.

 

Is that what the letter mentioned?

 

For new accounts, they've pulled EX for me. They're also known to pull IDA, ARS, Innovis etc. Some of those show many more inquiries than standalone TU, EX, or EQ.

Message 34 of 41
MarineVietVet
Moderator Emeritus

Re: US Bank CLI Denied....

There certainly are some less than friendly and supportive posts in this thread.

 

A reminder that the "S" in F, S, and R doesn't stand for sarcastic.

Message 35 of 41
NRB525
Super Contributor

Re: US Bank CLI Denied....


@One7 wrote:

@ForumPheen wrote:

Sharing.

 

US Bank was the first card I received (by way of recon) that began my credit journey some 18 months ago. Feeling bold, I decided to ask them for a CLI on my 2k line recently.  I don't know what they use (score model), but the SP came back with an approval to my requested new tradeline, 5k. 

 

I say all this to let you know that I feel your annoyance.  Had in fact US Bank declined me, I would have been annoyed, as I now have various cards with much higher limits, and am stronger and a better person (to lend to), but my "first love" still refuses me?  And cites an even more irritating reason of resurrecting an old score had that they just can't and won't let go of?

 

To the left, to the left. 


Thanks for the info, next year I'm letting go of quite of few cards that helped me rebuild and this one will most likely be one of them. Maybe in 2016 I'll pursue another US Bank card, possibly the Flex Perks once I get some age on these newer accounts. Maybe you are right and they are using a SP from a year ago, who knows


Nooooo! I have the Flex Perks. It's a purgatory card. There's not explicit cash back like the US Bank Cash+, there's not well defined transferrable points like AMEX cards and even CSP and many others have, you earn "points" (using the word charitably) within their own walled garden of both earning and usage. The "double points" are on the roulette wheel of what you spent most on that month, rather than knowing what you are getting into. Even redemptions seem a real challenge. And it has a $50 AF, which isn't terrible, until I realize that there's not really any definable benefits to owning the card.

 

No foreign transaction fees. Is that enough?

 

I'm keeping mine for a while because the CL is substantial, we'll see what happens, but I would not app for it again, knowing what I know now. I did get $50 back for making 5 $50+ charges on it, so that helps, but I've not charged much since then.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 36 of 41
One7
Valued Contributor

Re: US Bank CLI Denied....


@Ghoshida 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?


OP, in my case, they used to pull TU Bankcard enhanced 04, which is not only a different mechanism but also a different range. And it always showed 70-80 points lower than my TU FICO 08 (Discover).

 

In my understanding, this Bankcard enhanced penalizes new accounts and inquiries heavily.

 

Is that what the letter mentioned?

 

For new accounts, they've pulled EX for me. They're also known to pull IDA, ARS, Innovis etc. Some of those show many more inquiries than standalone TU, EX, or EQ.


They said it was for new accounts and gave me an insanely low score that they used. I only have 2 INQs last time I checked on TU. Blows my mind how big of a difference that is

EX 810 EQ 805 TU 792 Diners WEMC 15k Chase United Club VS 15k | Hyatt VS 25k | Ritz VI 5k | Frdm VS 6k | CSP VS 5k | Mariott VS 6k | Amzn VS 16k Citi ExecAA WEMC 18k | TYP VS 7k | Costco VS 9k | Hilton Reserve VS 6k | Best Buy Visa 5k BofA Travel VS 30k | Cash VS 41k | Merrill+ VS 46k Barclay Rwds WMC 6k | Hawaiin WEMC 10k | JetBlue WEMC 8k | Aviator S WEMC 6k Amex Plat: NPSL | BCP 8k | SPG 3k WF Rwds VS 9k | Propel World Amex 25k | Dillards Amex 2k BBVA NBA Amex 10k Cap1 GM WEMC 8k | QS Visa 3k | Saks WEMC 9k NASA 30k Discover It 7k | US Bank Cash+ VS 15k | Flex Perks VS 20k ||| Total Rwds VS 12k | SG Rwds 11k | Walmrt MC 8k | Lowes 17k | Bowflex 9k | J Deere 15k | TJ Max 4k | Care 15k | HDepot 20k | Amzn 5k | PPal Extras 8k | Chvron 10k | Macys 15k | JCrew 18k | Marvel 8k | Stash VS 8k | Cabelas 10k | Statefarm 12k | Nordstrom Visa 10k \\\\Gardening since January////
Message 37 of 41
One7
Valued Contributor

Re: US Bank CLI Denied....


@NRB525 wrote:

@One7 wrote:

@ForumPheen wrote:

Sharing.

 

US Bank was the first card I received (by way of recon) that began my credit journey some 18 months ago. Feeling bold, I decided to ask them for a CLI on my 2k line recently.  I don't know what they use (score model), but the SP came back with an approval to my requested new tradeline, 5k. 

 

I say all this to let you know that I feel your annoyance.  Had in fact US Bank declined me, I would have been annoyed, as I now have various cards with much higher limits, and am stronger and a better person (to lend to), but my "first love" still refuses me?  And cites an even more irritating reason of resurrecting an old score had that they just can't and won't let go of?

 

To the left, to the left. 


Thanks for the info, next year I'm letting go of quite of few cards that helped me rebuild and this one will most likely be one of them. Maybe in 2016 I'll pursue another US Bank card, possibly the Flex Perks once I get some age on these newer accounts. Maybe you are right and they are using a SP from a year ago, who knows


Nooooo! I have the Flex Perks. It's a purgatory card. There's not explicit cash back like the US Bank Cash+, there's not well defined transferrable points like AMEX cards and even CSP and many others have, you earn "points" (using the word charitably) within their own walled garden of both earning and usage. The "double points" are on the roulette wheel of what you spent most on that month, rather than knowing what you are getting into. Even redemptions seem a real challenge. And it has a $50 AF, which isn't terrible, until I realize that there's not really any definable benefits to owning the card.

 

No foreign transaction fees. Is that enough?

 

I'm keeping mine for a while because the CL is substantial, we'll see what happens, but I would not app for it again, knowing what I know now. I did get $50 back for making 5 $50+ charges on it, so that helps, but I've not charged much since then.


I've heard it wasn't the best card but I don't live anywhere near a branch in order to apply for the Cash+, any other good US Bank cards you would recommend? I wont be applying for a year but its good to be ready

EX 810 EQ 805 TU 792 Diners WEMC 15k Chase United Club VS 15k | Hyatt VS 25k | Ritz VI 5k | Frdm VS 6k | CSP VS 5k | Mariott VS 6k | Amzn VS 16k Citi ExecAA WEMC 18k | TYP VS 7k | Costco VS 9k | Hilton Reserve VS 6k | Best Buy Visa 5k BofA Travel VS 30k | Cash VS 41k | Merrill+ VS 46k Barclay Rwds WMC 6k | Hawaiin WEMC 10k | JetBlue WEMC 8k | Aviator S WEMC 6k Amex Plat: NPSL | BCP 8k | SPG 3k WF Rwds VS 9k | Propel World Amex 25k | Dillards Amex 2k BBVA NBA Amex 10k Cap1 GM WEMC 8k | QS Visa 3k | Saks WEMC 9k NASA 30k Discover It 7k | US Bank Cash+ VS 15k | Flex Perks VS 20k ||| Total Rwds VS 12k | SG Rwds 11k | Walmrt MC 8k | Lowes 17k | Bowflex 9k | J Deere 15k | TJ Max 4k | Care 15k | HDepot 20k | Amzn 5k | PPal Extras 8k | Chvron 10k | Macys 15k | JCrew 18k | Marvel 8k | Stash VS 8k | Cabelas 10k | Statefarm 12k | Nordstrom Visa 10k \\\\Gardening since January////
Message 38 of 41
TRC_WA
Senior Contributor

Re: US Bank CLI Denied....


@One7 wrote:

I wont be applying for a year but its good to be ready


 I dunno man... by the looks of it you have the room in your portfolio for at least 18-22 more cards.

FICO8 current as of : ----- EQ: --- TU: --- EX: ---
Hard INQs last 12 months: EQ: 5 | TU: 7 | EX: 9
Verizon Visa $6500 Amex Delta Platinum $10,000 Care Credit $12,000
NFCU CashRewards $6000 Apple Card $2000 Best Buy $3500 Amazon $5000
NFCU auto loan (2022 Ford Bronco Sport Badlands - Cactus Gray) $44k new - balance $31k/6.94%
Total CL: $45,000 --- Total CC UTI: --% --- AAoA: 5.5 years --- Income: $200k
Last app: 11-30-23
Message 39 of 41
Ghoshida
Valued Contributor

Re: US Bank CLI Denied....


@One7 wrote:

@NRB525 wrote:

@One7 wrote:

@ForumPheen wrote:

Sharing.

 

US Bank was the first card I received (by way of recon) that began my credit journey some 18 months ago. Feeling bold, I decided to ask them for a CLI on my 2k line recently.  I don't know what they use (score model), but the SP came back with an approval to my requested new tradeline, 5k. 

 

I say all this to let you know that I feel your annoyance.  Had in fact US Bank declined me, I would have been annoyed, as I now have various cards with much higher limits, and am stronger and a better person (to lend to), but my "first love" still refuses me?  And cites an even more irritating reason of resurrecting an old score had that they just can't and won't let go of?

 

To the left, to the left. 


Thanks for the info, next year I'm letting go of quite of few cards that helped me rebuild and this one will most likely be one of them. Maybe in 2016 I'll pursue another US Bank card, possibly the Flex Perks once I get some age on these newer accounts. Maybe you are right and they are using a SP from a year ago, who knows


Nooooo! I have the Flex Perks. It's a purgatory card. There's not explicit cash back like the US Bank Cash+, there's not well defined transferrable points like AMEX cards and even CSP and many others have, you earn "points" (using the word charitably) within their own walled garden of both earning and usage. The "double points" are on the roulette wheel of what you spent most on that month, rather than knowing what you are getting into. Even redemptions seem a real challenge. And it has a $50 AF, which isn't terrible, until I realize that there's not really any definable benefits to owning the card.

 

No foreign transaction fees. Is that enough?

 

I'm keeping mine for a while because the CL is substantial, we'll see what happens, but I would not app for it again, knowing what I know now. I did get $50 back for making 5 $50+ charges on it, so that helps, but I've not charged much since then.


I've heard it wasn't the best card but I don't live anywhere near a branch in order to apply for the Cash+, any other good US Bank cards you would recommend? I wont be applying for a year but its good to be ready


You should be able to call and apply.  1-800-444-1244

Message 40 of 41
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