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wamu credit card

Valued Member

wamu credit card

What kind of credit limit can I expect with a 650ish FICO?
Message 1 of 18
17 REPLIES
Established Contributor

Re: wamu credit card

$1500-$2500 is my guess.
07/26/2007 TU-688
EQ-656
EX-649
Message 2 of 18
Established Member

Re: wamu credit card

I received a pre-approval in the mail today and got a $3,000 limit. I'm assuming they pulled my TU since that's double my highest CL to date.
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Not applying again until August 2009, and only then with a 700+ credit score!! Wish me luck..... ugh.
Message 3 of 18
Established Contributor

Re: wamu credit card

I'm pretty sure WaMu pulls EX almost everywhere.  I've never had them pull TU for me.  Although the PFICO I get from them is alway TU.
07/26/2007 TU-688
EQ-656
EX-649
Message 4 of 18
Established Member

Re: wamu credit card

I was just assuming they pulled TU since my EX and EQ have both dropped considerably lately. I doubt they would have given me such a limit with a 618 score, but maybe.


Message Edited by shaybe on 07-26-2008 06:47 PM

Message Edited by shaybe on 07-26-2008 06:47 PM
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Not applying again until August 2009, and only then with a 700+ credit score!! Wish me luck..... ugh.
Message 5 of 18
Established Contributor

Re: wamu credit card

There is no telling with WaMu.  I have noticed that they are REALLY pushing balance transfers lately.  I've gotten a bunch of new WaMu card offers in the past few weeks with 0% B/T offers til October 2009.  They do have 2-cycle billing though so PIF it as often as you can if you get the card.
07/26/2007 TU-688
EQ-656
EX-649
Message 6 of 18
Established Contributor

Re: wamu credit card

What is 2-cycle billing? Sorry for the dumb question.


EQ 842, EX 842, TU 842

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Message 7 of 18
Moderator Emeritus

Re: wamu credit card



unknown_entity wrote:
I'm pretty sure WaMu pulls EX almost everywhere.  I've never had them pull TU for me.  Although the PFICO I get from them is alway TU.


They pull TU for lots of people, too.

 
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App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. Smiley Surprised )
Message 8 of 18
Established Contributor

Re: wamu credit card

Here is a link that explains it pretty well, I'd type it out but....well, You know...lol Smiley Tongue
 
 
 
 
 
added another link edit...


Message Edited by unknown_entity on 07-26-2008 10:29 PM
07/26/2007 TU-688
EQ-656
EX-649
Message 9 of 18
Moderator Emeritus

Re: wamu credit card



GFer wrote:
What is 2-cycle billing? Sorry for the dumb question.


Not a dumb question at all.
 
It means that in any billing cycle in which a finance charge is imposed (because you didn't PIF the last cycle's new balance in full), the finance charges will be calculated using your average daily balance of the previous two billing cycles instead of just the last cycle.  This means if you don't PIF, you may actually be paying interest on charges you PIF'd up to two months ago.
 
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App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. Smiley Surprised )
Message 10 of 18