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Super Contributor
Posts: 5,517
Registered: ‎12-11-2011
0

Re: USAA approval wow kidding me!


calihlove75 wrote:

mr_postman wrote:

ok after turning 18 this year i added my son to my walmart and target card as AU and he has a Bofa secure card for about 4 months now

current no lates oldest account 4.2 years walmart and target as AU AAOA 1.5 so today we decided to do app spree and this is the result

 

Citi Forward College student  for 2K

Discover More student 2.5K

USAA Cash Rewards Platinum Visa (offer tab) instant approval 15K wow 

USAA Cash Rewards Amex Express (offer tab) instant approval 5K

 

wow my son has higher limit than me :smileyvery-happy:

 


 

Wow, I cannot believe USAA gave a student 20,000 in credit. Not to rain on the happy parade here, but this can be a recipe for disaster, especially  for a teenage boy just starting life as a young adult.


+1 

 

It's either ...

 

a) a recipe disaster for someone who can't handle credit 

b) an AMAZING building tool for someone who can :smileytongue:

 

but I think a $20,000 limit for a LOT of people, not just teenagers could be a potential issue 

;
Regular Contributor
Posts: 179
Registered: ‎01-17-2008
0

Re: USAA approval wow kidding me!


jsucool76 wrote:

calihlove75 wrote:

mr_postman wrote:

ok after turning 18 this year i added my son to my walmart and target card as AU and he has a Bofa secure card for about 4 months now

current no lates oldest account 4.2 years walmart and target as AU AAOA 1.5 so today we decided to do app spree and this is the result

 

Citi Forward College student  for 2K

Discover More student 2.5K

USAA Cash Rewards Platinum Visa (offer tab) instant approval 15K wow 

USAA Cash Rewards Amex Express (offer tab) instant approval 5K

 

wow my son has higher limit than me :smileyvery-happy:

 


 

Wow, I cannot believe USAA gave a student 20,000 in credit. Not to rain on the happy parade here, but this can be a recipe for disaster, especially  for a teenage boy just starting life as a young adult.


+1 

 

It's either ...

 

a) a recipe disaster for someone who can't handle credit 

b) an AMAZING building tool for someone who can :smileytongue:

 

but I think a $20,000 limit for a LOT of people, not just teenagers could be a potential issue 

 

we agreed that the card stays in the safe refer to (b)  an amazing building tool 

 

Senior Contributor
Posts: 6,260
Registered: ‎08-16-2012
0

Re: USAA approval wow kidding me!

Agreed with mr_postman..
Furthermore, as a young, full time student, part time worker who has built my pristine credit solely at my discretion and with minimal help from my parents, it's kind of annoying to see people whose mommies and daddies just take care of everything... Just remember... If
he runs up a huge credit card bill, you're
probably on the hook for it 
Fiscal responsibity is of utmost importance to everyone 
With that being said, that USAA Amex sure is a pretty card!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
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† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

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