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Established Contributor
Posts: 662
Registered: ‎02-20-2013
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Recieved new REI card, but found a mailer for 0% intro APR

Last week I applied for a new REI Visa Signature card from USBank. Got a decent CL of $6k and the card came in the mail earlier this week. Today I was looking through last week's junk mail and I found a pre-approval letter from REI Visa for a 12 month 0% intro apr. GRRRRR! 

 

CSR suggested I fax the mailer to the underwriting department with my new account number attached. They "may" grant me the 0% APR.

 

I think I'll call the backdoor underwriter number in the morning first.

 

Anyone ever backdoor their way to a 0% apr like this?


DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
CreditKarma (4/19/13) TU-TR 701 | TU Vantage 788 | USAA FAKO (3/31/13) EX 728, EQ 699, TU 737 |
Inquiries (4/18/13) EX 13 | EQ 13 | TU 14
Senior Contributor
Posts: 3,852
Registered: ‎10-02-2012
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Re: Recieved new REI card, but found a mailer for 0% intro APR

Thats excellent!!!! my dad and sister have found that US Bank is an excellent bank! You will most likey receive that 0% APR! Congrats!!!!!

$1,200$500
Banking with Wells Fargo. No Delinquencies of any sort. Gardening Since 02-01-15.
EX FICO: ---, EQ FICO: ---, TU FICO: --- EX Inquiries:50, EQ Inquiries:34, TU Inquiries: --
Established Contributor
Posts: 573
Registered: ‎10-21-2012
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Re: Recieved new REI card, but found a mailer for 0% intro APR

Do you mind me asking what your FICO scores are? Any baddies? I'm a TOTAL REI junkie and would love this card but I'm afraid to apply, get a ding, and be turned down. 



Starting Score: TU:584 | EQ 584
Current Score: TU FICO: 711 | EQ FICO 713 | EX (USAA FAKO) 779
Goal Score: 780 across the board


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Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012
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Re: Recieved new REI card, but found a mailer for 0% intro APR

Hope you can get the 0% APR promotion retroactively applied.

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Established Contributor
Posts: 662
Registered: ‎02-20-2013
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Re: Recieved new REI card, but found a mailer for 0% intro APR

When they pulled my TU it said 726 which I've NEVER seen in any of my credit report pulls, FAKO, VANTAGE, PLUS, whatever.....one 30 day late from 2010 for Macys (I was on vacation). A verizon lien for $122 on my equifax from 2010 that has been paid.

 

I recon'd the application too after I got the dreaded 7 to 10 day message. USBank CSR and UW are very pleasant to talk to.

 

I'm hoping they apply the 0% retroactively. I've got my eye on a nice new Cannondale CAADX. :smileyhappy:


DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
CreditKarma (4/19/13) TU-TR 701 | TU Vantage 788 | USAA FAKO (3/31/13) EX 728, EQ 699, TU 737 |
Inquiries (4/18/13) EX 13 | EQ 13 | TU 14
Senior Contributor
Posts: 3,852
Registered: ‎10-02-2012
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Re: Recieved new REI card, but found a mailer for 0% intro APR

But yes US Bank has great customer service, Congrats on approval and CREDIT LIMIT thats a great credit limit to start with.

$1,200$500
Banking with Wells Fargo. No Delinquencies of any sort. Gardening Since 02-01-15.
EX FICO: ---, EQ FICO: ---, TU FICO: --- EX Inquiries:50, EQ Inquiries:34, TU Inquiries: --
Valued Contributor
Posts: 2,671
Registered: ‎09-26-2011
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Re: Recieved new REI card, but found a mailer for 0% intro APR


NJTurnpike wrote:

Last week I applied for a new REI Visa Signature card from USBank. Got a decent CL of $6k and the card came in the mail earlier this week. Today I was looking through last week's junk mail and I found a pre-approval letter from REI Visa for a 12 month 0% intro apr. GRRRRR! 

 

CSR suggested I fax the mailer to the underwriting department with my new account number attached. They "may" grant me the 0% APR.

 

I think I'll call the backdoor underwriter number in the morning first.

 

Anyone ever backdoor their way to a 0% apr like this?


Yes.  It wasn't US Bank, it was a local credit union...but shortly after applying and being approved for a card last year, I called and asked what promotions they had for balance transfers...got 12 months @ zero percent.  :smileyhappy:



Current Scores: EX 671 (FCR) TU08: 649 Wally. 03/02/2015.

Zero percent financing is where the devil lives...
Established Contributor
Posts: 662
Registered: ‎02-20-2013
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Re: Recieved new REI card, but found a mailer for 0% intro APR

Update: I talked to UW over at USBank and they forwarded me to customer service. The CSR said that they would in all likelihood honor the 0% offer. I just had to fax them the offer letter and a cover sheet explaining the situation including the last four digits of my new REI visa.

 

Incidently, as a result of applying for this card, I also bought a new REI membership not realizing I already had a membership at REI. the offer letter had my old membership number and went to an old address. The CSR over at REI had no problem merging my two memberships into the newer membership number to match with the associate visa. Additionally they are refunding the cost of one of the memberships.

 

I love REI!


DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
CreditKarma (4/19/13) TU-TR 701 | TU Vantage 788 | USAA FAKO (3/31/13) EX 728, EQ 699, TU 737 |
Inquiries (4/18/13) EX 13 | EQ 13 | TU 14
Established Contributor
Posts: 662
Registered: ‎02-20-2013
0

Re: Recieved new REI card, but found a mailer for 0% intro APR

Just confirmed that my APR is 0% through May 2014!

 

<Happy Dance>


DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
CreditKarma (4/19/13) TU-TR 701 | TU Vantage 788 | USAA FAKO (3/31/13) EX 728, EQ 699, TU 737 |
Inquiries (4/18/13) EX 13 | EQ 13 | TU 14
Valued Contributor
Posts: 2,671
Registered: ‎09-26-2011
0

Re: Recieved new REI card, but found a mailer for 0% intro APR

yay u! :smileyhappy:



Current Scores: EX 671 (FCR) TU08: 649 Wally. 03/02/2015.

Zero percent financing is where the devil lives...
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