So yesterday I finally got a Pre-Approved offer for the Alliant visa card... 2.9% on BT and purchases for 9 months with no balance transfer fees (nice). Rate adjusts to 10.24% after which is still as good as my best card. I opened my alliant account about a year ago, carry about $5k in savings there. They pull EQ right? My EQ is about 710, mostly due to high utilization 44%, and a charge off from 2003 that will disappear late this year.
My question is, is this card worth apping for with my credit? I know the util is high. Highest current credit limit is $9500 from Chase Freedom.
Starting Score: 627 EQ, 621 TU - 11/15/08
If you're pre-approved, it looks like they will run it through. The bigger question is if you need the card. If not, let it go. If you do need it, you can run the pre-approval by their csrs to ensure that it will be accepted. Some csrs will give you a "hint" of probability of success. I do have the card and Alliant has been fantastic.
