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Regular Contributor
cpacfp
Posts: 123
Registered: ‎10-05-2007

USAA CC

How likely would a High Limit CC be from USAA?

I currently have a mortgage refinance app from them I just got approved for.

 

My current CC situation is Cap One- $ 5k CL, balance $ 3,300, Wells Fargo Personal LOC- $ 5k CL, balance $ 1,750.

Orchard Bank CC- $ 700 CL, balance $ 0.

 

My scores are EQ- 786, TU- 773, EX- 735?

Regular Contributor
idmd
Posts: 194
Registered: ‎09-18-2009

Re: USAA CC


cpacfp wrote:

How likely would a High Limit CC be from USAA?

I currently have a mortgage refinance app from them I just got approved for.

 

My current CC situation is Cap One- $ 5k CL, balance $ 3,300, Wells Fargo Personal LOC- $ 5k CL, balance $ 1,750.

Orchard Bank CC- $ 700 CL, balance $ 0.

 

My scores are EQ- 786, TU- 773, EX- 735?


I'd say you have a strong chance. Your scores are higher than mine and I have a MC with $21K limit and an Amex with $20K limit.  

 

Regular Contributor
cpacfp
Posts: 123
Registered: ‎10-05-2007

Re: USAA CC

Is your Amex with USAA? Are you required to pay in full every month?

 

Regular Contributor
idmd
Posts: 194
Registered: ‎09-18-2009

Re: USAA CC


cpacfp wrote:

Is your Amex with USAA? Are you required to pay in full every month?

 


No....other than using the Amex network for charging the card really has nothing to do with Amex. It's entirely managed by USAA who does all the customer service and sets all of the rules. It's a credit card and not a charge card so it doesn't need to be paid in full every month. 

 

Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009

Re: USAA CC


cpacfp wrote:

How likely would a High Limit CC be from USAA?

I currently have a mortgage refinance app from them I just got approved for.

 

My current CC situation is Cap One- $ 5k CL, balance $ 3,300, Wells Fargo Personal LOC- $ 5k CL, balance $ 1,750.

Orchard Bank CC- $ 700 CL, balance $ 0.

 

My scores are EQ- 786, TU- 773, EX- 735?


 

Probably a very good chance, but don't think they rely only on scores.  USAA places great importance on length of membership and employment.
IAALBNYL
Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,114
Registered: ‎04-01-2007

Re: USAA CC

At one point, my USAA Amex was $32K. I shuffled things around to wind up with $27K on the MC and $10K on the AmEx. So you can definitely get high limits from them, if you define high limits as $25K and above.

As said above, they really reward membership longevity. I only started getting their CC's maybe 6 years ago, but I've been a member for nearly 30 years. That's why I recommend that anyone eligible to join USAA do so now, even if their credit is awful. Get renter's insurance or something. That will start your clock ticking. Once you're ready to apply for credit products from them, you'll have some extra years under your belt.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Regular Contributor
cpacfp
Posts: 123
Registered: ‎10-05-2007

Re: USAA CC

My wife has been a member of USAA for many years, probably 15+.  We have been married for 5, which is when I became part of USAA through her on our auto policies. Will I get credit for her longevity or will I only get the 5 years since we have been married?
Regular Contributor
idmd
Posts: 194
Registered: ‎09-18-2009

Re: USAA CC


cpacfp wrote:
My wife has been a member of USAA for many years, probably 15+.  We have been married for 5, which is when I became part of USAA through her on our auto policies. Will I get credit for her longevity or will I only get the 5 years since we have been married?
I don't think anyone can answer that. It's an entire package they're looking at as a whole including length of membership, other products/services being used, FICO scores, etc, etc, etc.  

 


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