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Valued Member
Objectivist
Posts: 52
Registered: ‎09-26-2012

Can I get approved for Visa Signature cards?

I only make $20,000 a year. I heard there was a minimum credit limit of $5,000 to qualify. No way I'll get that high of a limit. My highest limit right now is $3,000. There are a lot of Visa Signature cards that I won't though such as the BofA Hawaii card. Any chance for me getting this?


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somnipotent
Posts: 367
Registered: ‎06-02-2008

Re: Can I get approved for Visa Signature cards?

I'm pretty sure there are HHI requirements for most Visa Sig apps... not sure for all, but yeah I would assume that you'd have to be above 70k.  Just my thoughts.


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Valued Member
DailyDriver
Posts: 37
Registered: ‎09-12-2012

Re: Can I get approved for Visa Signature cards?

[ Edited ]

M, I make 25k a year and have the limits mentioned in my signature, although none are visa signa

Citi Forward $6K l Citi Dividend World Mastercard $7.5K l Discover More $8K l Chase Freedom $4K l Amex Hilton HHonors $3.4K l NFCU GoRewards Visa 10K
Frequent Contributor
somnipotent
Posts: 367
Registered: ‎06-02-2008

Re: Can I get approved for Visa Signature cards?

How many HPs do you have?  With your score you could app for one and see...


AmEx PRG (NPSL) | AmEx Costco ($8.2K) | AmEx Delta Gold ($19.3K) | AmEx BCE ($5K) | Chase United Explorer ($10K) | Chase Sapphire Preferred ($7.5K) | Chase Freedom ($8.2K) | Discover it ($3K) | Capital One Quicksilver ($2.5K) | PayPal Extras ($2.5K) | Lowes ($3.3K) | Walmart ($4.3K) | Amazon ($2.5K) | Restoration Hardware ($8.8K) | Crate & Barrel ($8.3K)
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Homeowner since 05/29/13
Valued Member
Objectivist
Posts: 52
Registered: ‎09-26-2012

Re: Can I get approved for Visa Signature cards?


Omaplatypus wrote:

How many HPs do you have?  With your score you could app for one and see...




6 HP's with Trans...BofA and Chase always pull trans for me.  Hmm...I'll definitely give it a shot. At least I'll find out why I'm denied if I do get denied.


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TheConductor
Posts: 421
Registered: ‎07-24-2012

Re: Can I get approved for Visa Signature cards?

[ Edited ]

Although only the Hawaiian Visa Signature is shown on the BoA site, there are actually also Platinum and Classic versions available via Hawaiian's site.

 

I say go for the Signature first if that's what you want, but if you're denied I suspect they might automatically approve you for the Platinum instead, or if not you could call in to recon and ask for the Platinum.

 

 http://www.hawaiianairlines.com/hawaiianmiles/visa-card-programs

 

 

Starting: EQ 622 (myFICO 7/7/12), EX 696 (TU FAKO 8/14/12), TU 621 (CK TransRisk 7/24/12) Current: EQ 675 (myFICO 9/26/13), EX 712 (CreditSesame FAKO 10/9/13) , TU 696 (WalMart 10/3/13) Goal: 700+ x3
My Wallet: Amex BCP $10k, Amex Zync NPSL (> 10k), Chase CSP VS $9.2k, C1 Venture VS $5k, Amex SPG $4.5k, Barclaycard Apple V $2k, Walmart (Store) $1.2k, Chase Freedom V $600, BoA Cash Rewards V $500, Best Buy Rewards MC $500
Dream Wallet:Barclaycard Arrival WMC (replace C1 Venture), Amex Platinum (replace Zync eventually), Andrews FCU Global V (chip + PIN for travel). Otherwise, pretty happy with my portfolio now.
Valued Member
Objectivist
Posts: 52
Registered: ‎09-26-2012

Re: Can I get approved for Visa Signature cards?


TheConductor wrote:

Although only the Hawaiian Visa Signature is shown on the BoA site, there are actually also Platinum and Classic versions available via Hawaiian's site.

 

I say go for the Signature first if that's what you want, but if you're denied I suspect they might automatically approve you for the Platinum instead, or if not you could call in to recon and ask for the Platinum.

 

 http://www.hawaiianairlines.com/hawaiianmiles/visa-card-programs

 

 


Hey that's an excellent point! However, I'm mainly interested in the higher bonus miles when getting the Signature.


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SwampSystems
Posts: 358
Registered: ‎06-25-2012

Re: Can I get approved for Visa Signature cards?


Objectivist wrote:

I only make $20,000 a year. I heard there was a minimum credit limit of $5,000 to qualify. No way I'll get that high of a limit. My highest limit right now is $3,000. There are a lot of Visa Signature cards that I won't though such as the BofA Hawaii card. Any chance for me getting this?


Try speaking to an underwriter/analyst at Bank of America to see if that card has a minimum credit line required for approval. Some banks (Barclays, for instance) will not issue a Signature card under $5k, but others will.


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