In my experience, PSECU is very generous with giving credit. My profile was very similar to yours (AAoA was >5 years though) when I applied for their Visa and LOC (I did them 2 weeks apart unfortunately -- cost was 3 hards rather than 2). I was approved for a 10K Visa and a 10K LOC tied to the Visa and to checking -- both were auto approved within a couple of minutes.
PSECU's "auto" approval is a little different than most -- I applied, got an "under consideration" page and then, after a couple of minutes the approval showed up on my messages page. That happened for both the Visa and the LOC. My understanding is that $20K is the maximum exposure they will go for but, when you link your Visa and LOC, you get 2 tradelines reporting for $20K each.
They do take their time processing the paperwork by mail. I think you will get the credit card. With your AAOA, I am not sure about the LOC right away.....The credit card is score driven. All other loans are looked at by a loan officer, I believe.
Thanks alot! Okay, so if I applied for the savings account - they are going to pull experian right off the back? am i correct?
and if I apply for the visa, that's another pull right?
I opened an account 2 weeks ago and on a whim apped their visa, I asked for 15k and was approved instantly at 9.9%. My scores are around 700 but when I got my experian score from them this week is was 658!!!! I dont get it! It does take a little while to get back your membership #. AAA in my book!
One more ? what were your score?
One EX pull for memebership, another for the Visa.
No idea what my actual FICO scores were -- low 700's based upon what PSECU are currently reporting.
They do 1 EX pull for membership. If you don't apply for a credit card, they will usually send you a pre-approval letter inviting you to apply for a credit card if you qualify a few weeks after your deposit accounts are open. If you accept, they then do a second pull. Others have just gone ahead and applied.
I answered my last question by calling the new accounts dept. I was told they only run Experian report.