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Contributor
jwduke
Posts: 102
Registered: ‎01-14-2012
0

USAA CC Offer

I received a pre-approved offer for a USAA Rate Advantage for up to $25,000/12.9% interest rate.

 

My question to you guys, should I accept the offer?

 

I have a number of inquires (15 in the last 2 years), other than that, a 30 late over 4 years ago. My credit score (FICO) is 740......

 

-or-  should I garden for a while???



Starting Score: 675
Current Score: FICO- 765 (01/19/14)
Goal Score: 780+ All Three




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Senior Contributor
Ron1
Posts: 4,812
Registered: ‎05-23-2009
0

Re: USAA CC Offer

Yes, pre-approval is not a guarantee approval.

 

link:

 

http://www.cardtrak.com/questions/Preapproved_Credit_Card_Offers

 

 

Ron.

Contributor
jwduke
Posts: 102
Registered: ‎01-14-2012
0

Re: USAA CC Offer

You are correct....Not sure if USAA is inquiry sensitive or not.



Starting Score: 675
Current Score: FICO- 765 (01/19/14)
Goal Score: 780+ All Three




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Senior Contributor
Ron1
Posts: 4,812
Registered: ‎05-23-2009
0

Re: USAA CC Offer


jwduke wrote:

You are correct....Not sure if USAA is inquiry sensitive or not.


Yes, they are inquiry sensitve and credit utilization sensitive. I got denied because of high utilization (8%) many years ago. They pull either EQ or EXP.

 

 

Ron.

Valued Contributor
Crashem
Posts: 3,098
Registered: ‎01-26-2012
0

Re: USAA CC Offer

I thought they were basically always eq and maybe others if marginal.
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Contributor
jwduke
Posts: 102
Registered: ‎01-14-2012
0

Re: USAA CC Offer

I do already have a "Rewards Card" there, but only have $500 on it. My UTI rate is around 10%.



Starting Score: 675
Current Score: FICO- 765 (01/19/14)
Goal Score: 780+ All Three




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Frequent Contributor
suebee123
Posts: 252
Registered: ‎11-13-2011
0

Re: USAA CC Offer

I would go for it.  I love USAA, they gave me my highest limit card when my credit was marginal at best.  I had a major derog that was 3 years old and still got a credit card (2 actually).

 

Current: EQ Fico (700), EX Fico AMX (681) TU Fico Walmart (711) MyFico TU (708) Vantage: TU 803, EX 777, EQ 789
Goal: 700+ across the board.
Contributor
greeneman21
Posts: 85
Registered: ‎06-18-2012
0

Re: USAA CC Offer

Their pre-approvals are as good as a sure, thing. I had various pre-approvals and took advantage of some and they were essentially exactly what was offered. Both CC and auto loan instances.

Wallet: NFCU CashRewards 25k--USAA AMEX 24k-- USAA World MC 12k-- Discover 17.5k-- CSP 16.5k-- Freedom 5k-- Citi Dividend 3k-- NFCU NavCheck 15k
Contributor
greeneman21
Posts: 85
Registered: ‎06-18-2012
0

Re: USAA CC Offer

They are better reward cards out their, but to have all of your banking under one login, excellent customer service, and you can have all of their rewards cards go to the same bucket, which is great.

Wallet: NFCU CashRewards 25k--USAA AMEX 24k-- USAA World MC 12k-- Discover 17.5k-- CSP 16.5k-- Freedom 5k-- Citi Dividend 3k-- NFCU NavCheck 15k
Regular Contributor
mr_postman
Posts: 179
Registered: ‎01-17-2008
0

Re: USAA CC Offer


greeneman21 wrote:

Their pre-approvals are as good as a sure, thing. I had various pre-approvals and took advantage of some and they were essentially exactly what was offered. Both CC and auto loan instances.



I agree with greeneman good as gold EQ piller


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