omg OMG OMG is this reallll??????? $11,000

[quest208]

Congratulations XXXX XXXXX, you're approved!

You've been approved for a the USAA Platinum MasterCard® . Please review your summary and find out what happens next.

SummaryPrint | Nov. 26, 2011
Approved Credit Limit     $11,000.00
Current APRs    
Purchase APR
23.9% (Prime+20.65%)
Cash Advance and Balance Transfer APR
23.9% (Prime+20.65%)
Shipping Method     Expedited Mail + $8.00
Allow 2 to 3 business days for delivery.

i know what it says, but is it possible they just approved me for this high amount?

i have never in my life been approved for a card this high.......this cant be a dream.  is there a way i can verify that the approval is not a mistake?

im just floored right now

[quest208]

i went into my usaa account management and yes, the credit card is showing up with my credit limit.

im surprised, but will feel better when i have the card in my hand.

if this is real, thank you myfico forum.  if it wasnt for you i wouldnt have had the courage to try.

sorry for the thread, im just surprised and grateful.  i have flawless payment history and i know i'll continue to do so with this card.

thanks again and my bad for the random thread.

[jason86423]

Congrats on the Awesome starting line!  I wouldn't revolve a balance at that rate but it surely will help the Utilization!

A lot of the banks seems to be in the holiday giving mood hoping people will spend!  Enjoy your new card.. 

[quest208]

yeah the rates seems high, but i tend to pay my bills via the "amex" method;  i try to pay off my balances without carrying anything over, and usually never more than 2 months worth of balances.

but what are "ideal" rates?

[LS2982]

---

@quest208 wrote:

Congratulations XXXX XXXXX, you're approved!

You've been approved for a the USAA Platinum MasterCard® . Please review your summary and find out what happens next.

SummaryPrint | Nov. 26, 2011
Approved Credit Limit     $11,000.00
Current APRs    
Purchase APR
23.9% (Prime+20.65%)
Cash Advance and Balance Transfer APR
23.9% (Prime+20.65%)
Shipping Method     Expedited Mail + $8.00
Allow 2 to 3 business days for delivery.

i know what it says, but is it possible they just approved me for this high amount?

i have never in my life been approved for a card this high.......this cant be a dream.  is there a way i can verify that the approval is not a mistake?

im just floored right now

---

Congrats!

Awesome CL!

[Anonymous]

WOW, well done! Nice CL!!

You don't want to call them and re-negotiate your APR, 23.9%?

[Anonymous]

Super nice CL!!!

Congratulations!!!!!!

[clocktick]

Wow, congrats!!!  That's a fantastic starting limit!

If you pay in full your APR doesn't matter.  I don't know any of my cards APRs.  I don't know the highest or lowest.  I only know ones that are 0% to start off with. 

[Uborrow-Upay]

Congrats, quest208!!  Feels really good, doesn't it?

Stick with your "amex" mentality as far as payments.  As others have said, no need to worry about the interest rates at all if you pay in full every month.

And welcome to the forums!  Longtime lurker into brand new poster?  Awesome!!

Glad you're here, and with good news! 

Uborrow-Upay

[Varakai]

quest, congrats!!! Nice CL!

Hope you don't mind me asking, but what was your credit profile like when you applied?