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Valued Contributor
Crashem
Posts: 3,096
Registered: ‎01-26-2012
0

US Bank CASH+ Starting Limit: BANG APPROVED 25K

[ Edited ]

Just curious what people are seeing from US Bank for starting limits?  Also wondering how they compare to their other limits.  Trying to gauge how aggressive or not agressive they are.  If you had existing relationship with US Bank please note details on it.  I was told by rep that 25k is highest initial limit.  Anything more requires special request and tax returns from last coUple of years and much more involved application process.  Curious if this was true.  And does 25k limit without loan like approval process hold true later.

               LIMITS IN CARD DESCRIPTIONS
Established Contributor
emptypockets
Posts: 1,019
Registered: ‎02-03-2009
0

Re: US Bank CASH+ Starting Limits

[ Edited ]

My starting limit is 8k. No prior relationship with US Bank, score at approval 753 (TU), 1 INQ at time of approval. Highest CC limit at the time was 12K, with several other 10k limits.


CC's: AMEX (4), Alliant Visa, PenFed AMEX, Pen Fed Promise, Citi (4), Chase (6), Nordstrom Visa,US Bank Cash+, Huntington Voice, UMB Visa, Nasa FCU Plat Cash Visa, Barclay's Visa, Citi (4), Discover IT, Walmart Discover, Sam's MC, Cabela's Visa, Cap One QS, BOA (2), BMW Visa, Comenity Visa/MC (3), Ebates Visa Siggy, 5/3 RLR MC, DC Premier MC, Macy's AMEX; A few store cards.

Current Scores: EQ My Fico (12/14): 785; TU MyFico (12/14): 795; EX (My Fico): 765; Walmart TU Fico 08 (12/2014): 788
Valued Contributor
Crashem
Posts: 3,096
Registered: ‎01-26-2012
0

Re: US Bank CASH+ Starting Limits

Confirmed approval at 25k!!!  They pulled Equifax..My score probably like 770's-790's.  Had no existing relationship with US BANK.  This card is going to get a nice work out.  Also, opened plat. package with US Bank to get the .5% bonus rewards yesterday.  I hope they can afford to keep this card going.

 

Some interesting notes:  They originally approved me at 20k.  But calling at the right time (1-3 days after app) allowed me to ask for higher CL.  They had to then put the request in and for it to go back to manual underwriting for approval at 25k, but this was done using existing credit report.  Also, anything above 25k would require loan like underwriting requirements such as tax returns etc.

               LIMITS IN CARD DESCRIPTIONS
Established Contributor
emptypockets
Posts: 1,019
Registered: ‎02-03-2009
0

Re: US Bank CASH+ Starting Limits

Nice...congrats!


CC's: AMEX (4), Alliant Visa, PenFed AMEX, Pen Fed Promise, Citi (4), Chase (6), Nordstrom Visa,US Bank Cash+, Huntington Voice, UMB Visa, Nasa FCU Plat Cash Visa, Barclay's Visa, Citi (4), Discover IT, Walmart Discover, Sam's MC, Cabela's Visa, Cap One QS, BOA (2), BMW Visa, Comenity Visa/MC (3), Ebates Visa Siggy, 5/3 RLR MC, DC Premier MC, Macy's AMEX; A few store cards.

Current Scores: EQ My Fico (12/14): 785; TU MyFico (12/14): 795; EX (My Fico): 765; Walmart TU Fico 08 (12/2014): 788
Established Contributor
gettnthere
Posts: 912
Registered: ‎06-14-2012
0

Re: US Bank CASH+ Starting Limits

WOW!! thtats awesome! CONGRATS



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 :smileywink:
Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

Re: US Bank CASH+ Starting Limit: BANG APPROVED 25K

Great CL CONGRATS!!!



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
CruzImperial
Posts: 869
Registered: ‎07-04-2012
0

Re: US Bank CASH+ Starting Limit: BANG APPROVED 25K

Very very nice cl, congrats!. Do you know if they value their current members? I mean if it would be easier for someone with a mortgage with them to get the card.
Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Valued Contributor
tcbofade
Posts: 2,533
Registered: ‎09-26-2011
0

Re: US Bank CASH+ Starting Limit: BANG APPROVED 25K

Oh, I'm sooooooooo jealous.

 

Congrats!


Current Scores: EX 694 (FCR) TU08: 650 Wally. 12/10/14
Last app 05/29/2014.
Being held hostage in the garden until 06 January 2015!
Zero percent financing is where the devil lives...
Contributor
ArCpa
Posts: 103
Registered: ‎05-17-2009
0

Re: US Bank CASH+ Starting Limit: BANG APPROVED 25K

[ Edited ]

US BANK is very customer friendly, I started out with the Platinum card last yr, recently converted it to their Sig Cash card, customer service is top notch in the mornings, but expect to be on hold during the evening hours. Their Flex Perk card is also good If you need another miles card

CC: Amex Green ( NPSL) Amex BCE ( 38.1 K ) US Bank Sig Cash ( 20K ) Pen Fed (42K) Chase Freedom ( 7.5K) Discover More (22K ) Cap 1 QSilver (10K) Barclays Rewards (9K) Care Credit (5.5k) Sears (12K) JC Pennys (6K) Dell (15K) Key Bank (19k ) Key Bank (16K) FFO (7.5 K) Shell ( 600) OCCU ( 20K ) City TY (10.5K) CSP (17.5k) Regions ( 18K )Simmons (15K) Regions BLOC (125K) Fuel Rewards MC(10K )Amex Hilton ( 23k)

TU ( MFICO 5/11/14) 812
EQ ( MFICO 5/11/14) 790
EX ( MFICO 5/11/14) 805

Valued Contributor
Crashem
Posts: 3,096
Registered: ‎01-26-2012
0

Re: US Bank CASH+ Starting Limit: BANG APPROVED 25K


CruzImperial wrote:
Very very nice cl, congrats!. Do you know if they value their current members? I mean if it would be easier for someone with a mortgage with them to get the card.

It seems like credit card division is off by itself, but I have heard from other US Bank customers that they seem to value prior relationship.  Can't help but help.  I think your scores are fine to get approved, BUT the question is whether or not you can hit the 5k limit needed for CASH+ card.  Might be worth trying but be prepared for just plain CASH card and look for upgrade in 6 months.  Also, do what I did and call and see where your app is in process at 18009471444.  You can catch them before app is done, but after you have gotten approval and limit.  If limit or approval isn't what you want, then ask for what you want and give your reasoning and they will send it back for manual review.  Call everyday if you have to and talk to representative as their info is more detailed than automated system.

               LIMITS IN CARD DESCRIPTIONS

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