Reply
New Contributor
Posts: 81
Registered: ‎05-28-2009
0

HSBC other card approvals if already have a card....

I have an HSBC (now Orchard) card that is in good standing, no lates.  Only thing is my util is high....any chance of getting approved with an EQ 629 for the Reward Zone card through them?  A while back I apped for a card and was denied and I got some sort of a message about being a current cardholder.  Could that of been if it was for the same "type" of card?  What cards might be good to app for with an EQ 629 in Texas?
Epic Contributor
Posts: 24,276
Registered: ‎10-23-2007
0

Re: HSBC other card approvals if already have a card....

I wad denied for Best Buy Mastercard and HSBC card in one day and approved for Sears Mastercard through HSBC in the same day.  Now 3 months later I was pre-approved for Best Buy Gold Mastercard, so I applied and was declined again because of past HSBC card that was in bad standing (was in my bk 3 years ago)

 

You for sure can get multiple cards, but what they decide to actually approve I don't get and there is no recon. a declined app.

but if you have just the plain HSBC card that seems to be the hardest out of the 3 to get, so if you just want another $300 limit then I would go ahead and apply for either Sears or Best Buy 

Fico Scores: EQ- 670., TU 705 Sync, EX 700 (04/20/15)
I'm just trying to catch up to RON1
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
83 Cards and Counting :smileytongue:
Established Contributor
Posts: 517
Registered: ‎04-13-2009
0

Re: HSBC other card approvals if already have a card....


reereetx wrote:
I have an HSBC (now Orchard) card that is in good standing, no lates.  Only thing is my util is high....any chance of getting approved with an EQ 629 for the Reward Zone card through them?  A while back I apped for a card and was denied and I got some sort of a message about being a current cardholder.  Could that of been if it was for the same "type" of card?  What cards might be good to app for with an EQ 629 in Texas?

 

reereetx:

 

 When I apped for the reward zone card I also have another MC with them. I have only had it two months. When I apped for the best buy card my other HSBC had a balance of $29x out of a $320 credit limit. SO yes I was almost maxed out on my other household card and was still approved for the best buy MC. Keep on mind there are other factors and YMMV but I had no problem with it. And my EQ was a 635 at the time and I am in Oklahoma so scenario is eerily similar except mines not an Orchard card and I am not sure what your credit util is but it cant get much higher than mine percentage wise. I put everything on the card and pay it twice a month trying to establish a good history with them I have already made 4 payments and so far it appears to be working. Now hopefully at the 6 month mark I can get a generous credit limit increase from them.

----------------------------------------------------------------------------------------------
2011 Credit Goals
1. No Lates
2. Join the 700 club
3. No inquiries
----------------------------------------------------------------------------------------------
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.