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Contributor
Posts: 119
Registered: ‎06-30-2013
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DCU Credit card

[ Edited ]
Hello All! Does anyone know what your equifax score must be in order to get approved for a DCU credit card?
Gardening until 8/10/2014! I love this forum!!!! EX- 687 TU-688 EQ - 680 ...all pulls 12/2013 (myfico)
Ch 7 discharge - 12/11. Discover $6k, DCU $3k, Barclays rewards $3k, Barclays Sallie Mae $3k Sony Visa $2500 Capital One Quicksilver $5 Capital One Venture One $3k, best buy mastercard1000

Established Contributor
Posts: 697
Registered: ‎03-16-2012
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Re: DCU Credit card

I would say mid 600's ... Although i do not have their card, i was preapproved for their credit card twice, for $5000 when my score was $660+ and $7500 when my score was 695 .. Didnt get approved for membership ...i will never apply with them again as i wasted 4 inquiries already ...

Starting Score: TU: 598 03/23/2012 EQ:607 05/24/2012 EX:607 04/26/2012 (lender pull) EX FAKO:522 03/2012
Current Score: TU(Myfico)04/2013:689 EQ(Myfico)04/2013:701 EX(AMEX pull)04/01/2013:675 (CreditSecure FAKOS) 5/14/2013 EX:726 EQ:701 TU:730 TU(Walmart):699
Barclay Rewards:5k/Cap1:$3.5k/Cap1:$2.5k/Citi TYP:2k/Freedom:$5k/Slate:3k/Marriott visa sig 5k/BCE:$1k/Zync: $500 PSL/Discover IT:$1.9k/Walmart:$8k/Chevron:$5k/Gap:$5k/Kay:$3.4kk



Moderator
Posts: 27,206
Registered: ‎09-13-2012
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Re: DCU Credit card

If you aren't a member, I would strongly urge you to app for membership first. I'm not sure what the lowest score is but I would guess 670ish.
Valued Contributor
Posts: 1,228
Registered: ‎05-10-2012
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Re: DCU Credit card

640 gets you their basic Visa. 675 gets the Rewards Visa. Beacon EQ obviously.
  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
Chase Freedom $9500
DCU Visa $10000
Capital One QS $2000
AMEX BCE $3000
Lowe's CC $8500
WalMart CC $3100
BOA Platinum $600
AMEX Gold NPSL
Moderator
Posts: 27,206
Registered: ‎09-13-2012
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Re: DCU Credit card

Super Contributor
Posts: 6,580
Registered: ‎04-07-2008
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Re: DCU Credit card

FRom what I know in talking to the branch manager.

 

Mid 600's gets you a card with low limits and high APR (typical for any other cards also)

 

700 gets you a good CL (based on income also)

 

720+ get you the best APR they offer and again CL depending on income, DTI, util %. YEs they do look at your other cards and how much you're using. They don't like to see usage on many cards. They mentioned it to me that I had many cards with balances. Granted I charge a starbucks on my cards to keep them active (which reminds me that I have to use my Apple VISA tomorrow )

 

They generally don't give high CL for starters.




Moderator
Posts: 27,206
Registered: ‎09-13-2012
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Re: DCU Credit card

@CS800

Sounds about right. I missed the best rate by 5 points. Still, the $10k CL put a smile on my face.
Super Contributor
Posts: 6,580
Registered: ‎04-07-2008
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Re: DCU Credit card


09Lexie wrote:
@CS800

Sounds about right. I missed the best rate by 5 points. Still, the $10k CL put a smile on my face.

Yes, DCU is a good CU. The 10K is a great CL from them :smileyhappy:

I wanted to get the full story about their credit procedures so I happen to know one of the managers well. He has been there for over 7 years and prior to that he was in the 'consumer loan' dept. Good info.

 

Plus the free EQ FICO, can't beat that. They offered me a better rate than NFCU on my car loans which was surprising :smileyhappy: 




Moderator
Posts: 27,206
Registered: ‎09-13-2012
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Re: DCU Credit card

Agreed...they offered me 1.99%. Everything went super easy!
Contributor
Posts: 119
Registered: ‎06-30-2013
0

Re: DCU Credit card

Great info. Thanks everyone
Gardening until 8/10/2014! I love this forum!!!! EX- 687 TU-688 EQ - 680 ...all pulls 12/2013 (myfico)
Ch 7 discharge - 12/11. Discover $6k, DCU $3k, Barclays rewards $3k, Barclays Sallie Mae $3k Sony Visa $2500 Capital One Quicksilver $5 Capital One Venture One $3k, best buy mastercard1000

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