@insidious28 wrote:Ron1,
I wouldn't worry about it cause I think Key is backed by Elan Financial Services cause I got the same message. I think they have to forward your application to Elan Financial Services to get approved. 2 weeks after my application I got an alert from Experian about a new account added to my report. I checked it and it was Elan Financial Services with a limit of 7000.00 and a week after that I had my card in the mail. So I would expect the same for you. Elan is very generous with their starting credit lines. After 6 months I will be asking for double my credit line. We'll see what happens
By the way are they still offering 0% APR on purchases and BT for 6 months? Cause that's what I got.
Thanks for your reply. I was afraid they're going to close my other US Banks credit cards because too many apps. I thought Elan and US Bank are the same. I don't know what's my score. Last time, I checked it was 745 two months ago.
Ron.
learnin113,
I'm not sure how easy it is to get. I guess it all depends on what your fico score is and history. My Experian fico at the time was 729 with no baddies and 3 hard inquiries all within a week. Plus I had no credit cards under my own name on my report at the time but I am an authorized user on 5 of my wife's credit card accounts which was listed on all my CRA reports and all dating back to 2000 atleast. 3 other inquiries at the time of my app with Key Bank was for credit crads that I was not approved for and the reason was for not having credit experience they say. But I reconned on those and eventually approved for 2 of them. One was Barclays and the other Chase. Bank of America wouldn't budge even after me tellling them "how am I suppose to have experience with credit if no one will give my a shot". I don't think being authorized user with perfect history on those credit card accounts help that much. It helps with fico score and all but I don't think creditors take too much stock in it. Hope that helps.
Starting Score: EQ 686, TU 722, EX 702