10-13-2012 12:28 PM
jtc411 wrote:OK, I get you on the 6.25% with the redeemed bonus. Someone else can chime in if they'd like, but I am pretty sure you were mislead. The Cash+ is a signature card which requires a 5k min CL. I hope for your sake it ends up being the Cash+
Maybe underwriting made an exception...but kinda doubtful
10-13-2012 02:27 PM
Dustink wrote:
jtc411 wrote:OK, I get you on the 6.25% with the redeemed bonus. Someone else can chime in if they'd like, but I am pretty sure you were mislead. The Cash+ is a signature card which requires a 5k min CL. I hope for your sake it ends up being the Cash+
Maybe underwriting made an exception...but kinda doubtful
My brother is a very established banker at US Bank and I confirmed with him, no way its a cash+ under 5k. 5k CL is the bare minimum for a signature card
10-13-2012 02:30 PM
jtc411 wrote:
Dustink wrote:
jtc411 wrote:OK, I get you on the 6.25% with the redeemed bonus. Someone else can chime in if they'd like, but I am pretty sure you were mislead. The Cash+ is a signature card which requires a 5k min CL. I hope for your sake it ends up being the Cash+
Maybe underwriting made an exception...but kinda doubtful
My brother is a very established banker at US Bank and I confirmed with him, no way its a cash+ under 5k. 5k CL is the bare minimum for a signature card
Can your brother hook me up with a cash+ card?!? lol
10-13-2012 08:43 PM
How long ago was your score in the 500's? What is it now?
10-14-2012 02:32 AM
roxy382 wrote:
From US Banks website... "4. Should your application for the U.S. Bank Cash+ Visa® Signature Card be denied, submitting this application constitutes your application for a U.S. Bank Cash Rewards Visa® Card. The U.S. Bank Cash Rewards Visa Card does not earn 5% or 2% cash back." Aren't all visa sigs minimum 5k?
No. Chase will approve a Freedom Signature for under $5k. The $5k figure keeps getting thrown around as fact because some banks will only offer them at that level.
10-14-2012 09:04 AM
I don't think Us Bank falls into that catagory. I just app'd for the cash plus a week ago and was denied. I called underwriting and was told I didn't qualify for a 5k CL and that they would give me the platinum with a 1500 limit. I'm just saying, I hope he's a lucky one, but its far from normal
10-14-2012 09:31 AM
Well it's a great run of successful apps. Congrats on improving your CR and best of luck to you!
Starting Score: 504
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO


