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Can I get approved for Visa Signature cards?

Valued Member

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?

Message 1 of 8
7 REPLIES
Frequent Contributor

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.


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)
--
Homeowner since 05/29/13
Message 2 of 8
Valued Member

Re: Can I get approved for Visa Signature cards?

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

Citi Forward $6K l Citi Double Cash $7K l Chase Sapphire Preferred $10.3K l Discover IT $12K l Chase Freedom $5K l Chase United 10k l Chase Slate 7.2k l Amex Hilton HHonors $12.1K l NFCU GoRewards Visa 16.6K l Barclay US Airways World Mastercard $8K
Message 3 of 8
Frequent Contributor

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
Message 4 of 8
Valued Member

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.

Message 5 of 8
Established Contributor

Re: Can I get approved for Visa Signature cards?

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), Total CL $1k on 2 TLs
Current: EQ 709 (CCT 2/4/15), EX 704 (CCT 2/4/15) , TU 702 (CCT 2/4/15), Total CL $110.3k on 14 TLs Goal: 740+ x3
My Wallet: Amex BCP $30k, Chase United Explorer $16k, Amex SPG $13.5k, Barclaycard Ring MC $12.5k, Chase CSP VS $12.2k, Discover it $10.5k, C1 Venture VS $6.5k, Chase Slate $3.5k, Amex Hilton Surpass $2k, Barclaycard Apple V $2k, Chase Freedom V $1100, BoA Cash Rewards V $500, Citi BestBuy $500
My Loans: Prosper $25k/36mo, Prosper $17k/36mo
My Business: Chase Ink VS $5k, Amex BRG NPSL (> 10k),
Message 6 of 8
Valued Member

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.

Message 7 of 8
Frequent Contributor

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.

Message 8 of 8