Do I qualify for a Sam's Club MasterCard?

Anonymous · ‎09-21-2014

New here, so hope my protocol is ok. I would like to ge the Sams Card as we travel a lot. My only cards are a CAP ONE Secured $800 cl, 0 bal, and Amazon $1700 cl, 0 bal. 0 outstanding debt these days. Been traveling and living on cash and debit cards but want to start cashing in on points and cash back.

Any ideas of chances with my credit scores or do I need to wait? Point of reference is recently got Amazon card, thought I would be rejected. That is the same bank as the Sams Club card. Sync Bank which is old GE Capital. They pulled scores from all 3 agencies, don't know if they looked at a report as I had to call in to get their answer. All 3 CRA's have me with a fraud alert. Any ideas would be greatly appreciated.

MyFico 9/14 EQ 748, TU 702, EX 685
EQ neg-0, TU neg 60 day late 1 time, EX 4 CA from 2008

OP,

I started a new thread for you. ~ Lexie

peaceonearth · ‎09-21-2014

@Anonymous wrote:
New here, so hope my protocol is ok. I would like to ge the Sams Card as we travel a lot. My only cards are a CAP ONE Secured $800 cl, 0 bal, and Amazon $1700 cl, 0 bal. 0 outstanding debt these days. Been traveling and living on cash and debit cards but want to start cashing in on points and cash back.

Any ideas of chances with my credit scores or do I need to wait? Point of reference is recently got Amazon card, thought I would be rejected. That is the same bank as the Sams Club card. Sync Bank which is old GE Capital. They pulled scores from all 3 agencies, don't know if they looked at a report as I had to call in to get their answer. All 3 CRA's have me with a fraud alert. Any ideas would be greatly appreciated.

MyFico 9/14 EQ 748, TU 702, EX 685
EQ neg-0, TU neg 60 day late 1 time, EX 4 CA from 2008

How long ago is the 60 day late on TU?

How old are your credit cards?

Anonymous · ‎09-21-2014

@peaceonearth wrote:
@Anonymous wrote:
New here, so hope my protocol is ok. I would like to ge the Sams Card as we travel a lot. My only cards are a CAP ONE Secured $800 cl, 0 bal, and Amazon $1700 cl, 0 bal. 0 outstanding debt these days. Been traveling and living on cash and debit cards but want to start cashing in on points and cash back.

Any ideas of chances with my credit scores or do I need to wait? Point of reference is recently got Amazon card, thought I would be rejected. That is the same bank as the Sams Club card. Sync Bank which is old GE Capital. They pulled scores from all 3 agencies, don't know if they looked at a report as I had to call in to get their answer. All 3 CRA's have me with a fraud alert. Any ideas would be greatly appreciated.

MyFico 9/14 EQ 748, TU 702, EX 685
EQ neg-0, TU neg 60 day late 1 time, EX 4 CA from 2008
How long ago is the 60 day late on TU?
How old are your credit cards?

60 day late on TU is Dec 2007

Cap One is Feb 2014

Amazon is Sep 2014

CA's are from 2008

Randall

peaceonearth · ‎09-21-2014

@Anonymous wrote:
@peaceonearth wrote:
@Anonymous wrote:
New here, so hope my protocol is ok. I would like to ge the Sams Card as we travel a lot. My only cards are a CAP ONE Secured $800 cl, 0 bal, and Amazon $1700 cl, 0 bal. 0 outstanding debt these days. Been traveling and living on cash and debit cards but want to start cashing in on points and cash back.

Any ideas of chances with my credit scores or do I need to wait? Point of reference is recently got Amazon card, thought I would be rejected. That is the same bank as the Sams Club card. Sync Bank which is old GE Capital. They pulled scores from all 3 agencies, don't know if they looked at a report as I had to call in to get their answer. All 3 CRA's have me with a fraud alert. Any ideas would be greatly appreciated.

MyFico 9/14 EQ 748, TU 702, EX 685
EQ neg-0, TU neg 60 day late 1 time, EX 4 CA from 2008
How long ago is the 60 day late on TU?
How old are your credit cards?
60 day late on TU is Dec 2007
Cap One is Feb 2014
Amazon is Sep 2014
CA's are from 2008

Randall

4 Collections listed with Experian since 2008?

Synchrony Bank is the issuer of Sams Club MC and Walmart MC. They pull TU Credit report most of the time.

If you can't wait, I would apply for Walmart MC which can be used at Sams club as well.

Anonymous · ‎09-26-2014

I applied and got approved for this card today. 3500 CL which is fine for me. However, I found the process unusual. You take the application to the Club service desk where a Sam's rep types the data in. App is short and not really intrusive. Sam's rep told me he had not seen any turndowns for the Sam's MC. It took about 2 minutes while I waited and was required to speak to the bank rep to answer identifying questions. Normally they text to your cell phone and you repeat the code, but I have a Walmart phone and could not receive the text, so I just answered some questions on my file. Total info on app was Sam's Club number, DOB, Name, Address, Net Income, Housing Cost, and SSN. In and out in 5 minutes with approval. Sounds like decent income and maybe 650+ would work.

MyFico 9/14 EQ 748, TU 702, EX 685
EQ neg-0, TU neg 60 day late 1 time 6+ years ago, EX 4 CA from 2008

Cap One Karma Sesame Credit.com
3/14 Exp 620
5/14 Exp 634 Exp 659
6/14 Exp 634 Exp 661
7/14 Exp 634 Exp 662
8/14 TU 614 TU 647 EXP 667 Exp 684
9/14 TU 647 TU 656 EXP 684 Exp 796

Anonymous · ‎09-26-2014

Approved for the Sam's MC, yes. CL 3500. Yes, the four CA's are on Experian, now three all in 2008. Now need approval for auto loan. Think that will be easy. All the bad stuff will be gone mid 2015.

MyFico 9/14 EQ 748, TU 702, EX 685
EQ neg-0, TU neg 60 day late 1 time, EX 3 CA from 2008

Vegasr · ‎09-26-2014

Congrats on the approval!!!

Embarrassing amount of credit cards
AoOA: 25yrs

Anonymous · ‎09-26-2014

congrats!

Anonymous · ‎09-26-2014

Thank you. Funny because Barclay rejected me twice for travel card. Turns out Sam's MC is far superior. Watch for thousands of travelers switching. Currently also need a zero fee foreign transaction card and a travel card for free luggage and free companion fares. Then I'm done. Anyone have ideas on these? Thanks.

Current Scores:
MyFico 9/14 EQ 748, TU 702, EXP 685
EQ neg-0, TU neg 60 day late 1 time, EX 3 CA from 2008

Began disputing 7/14 Knocked off 20 or so items just with "the item is inaccurate."

Cap One Karma Sesame Credit.com
3/14 Exp 620
5/14 Exp 634 Exp 659
6/14 Exp 634 Exp 661
7/14 Exp 634 Exp 662
8/14 TU 614 TU 647 EXP 667 Exp 684
9/14 TU 647 TU 656 EXP 684 Exp 796

Anonymous · ‎09-26-2014

Thank you. I hope the info I posted will help others.

Current Scores:
MyFico 9/14 EQ 748, TU 702, EXP 685
EQ neg-0, TU neg 60 day late 1 time, EX 3 CA from 2008

Disputing since 7/14----Never stop disputing everything.

Cap One Karma Sesame Credit.com
3/14 Exp 620
5/14 Exp 634 Exp 659
6/14 Exp 634 Exp 661
7/14 Exp 634 Exp 662
8/14 TU 614 TU 647 EXP 667 Exp 684
9/14 TU 647 TU 656 EXP 684 Exp 796