Approved: US Bank Premier Line of Credit 8K

Anonymous · ‎08-02-2016

Yesterday got email from US Bank saying I am eligible for applying US Bank Premier Line of Credit.

Took chance and applied online. Approved for 8K. Don't know the APR yet. I know it has range from 9.50% to 13.50%, not too bad!

They pulled Equifax, and according to them my score is 712.

US Bank is just getting better day by day for me!!!

Vegas4Play · ‎08-02-2016

Congrats to you !!!

Fico 8's TU 756/ EQ 754/ EX 743- 8/2020// AAoA 5.7 years // Lines August 2020 = 619k Personal - Business 61k // Inquiries 6 TU - 0 Exp - 0 Eq.

Anonymous · ‎08-03-2016

Nice capture of the US Bank Premier Plus Line of Credit! They seem to treat the underwriting for this product harder than their own credit cards. You did well. I have the same product and they have been strict with the underwriting. Requires a relationship before they will even consider. Appreciate the fact there is a credit card that works on this account along with it's own checks and the ability to transfer to a US Bank Checking Account. Very flexible. They just lowered the minimum payment to $35 same as the credit cards.

Anonymous · ‎08-03-2016

@Anonymous wrote:
Nice capture of the US Bank Premier Plus Line of Credit! They seem to treat the underwriting for this product harder than their own credit cards. You did well. I have the same product and they have been strict with the underwriting. Requires a relationship before they will even consider. Appreciate the fact there is a credit card that works on this account along with it's own checks and the ability to transfer to a US Bank Checking Account. Very flexible. They just lowered the minimum payment to $35 same as the credit cards.

That's nice. It's good to have,eventhough I may not use it at all!! I love the fact with US Bank that, they really care for the established banking relationship with them.

What apr you have got?

Anonymous · ‎08-03-2016

Opened it 2013 at 9.25% Apr with an $8,000 CL. Increased CL to $10K and now to $15K.

Abelcrdn · ‎01-13-2017

Was it an instant approval?

What does your profile look like? When I call they keep telling me that I am pre qualified blah blah blah

12/23 Fico Score 8 TU-761 EX -747 EQ-734

Anonymous · ‎04-04-2017

How long from Approval did it take to show on your accounts? When I applied for my preapproval the lady said durIng the terms she read "if approved you will have access to your funds in 1-6 days"

Can it really take 6 days? I got mine yesterday-was thinking since I am already a customer it would have been quick but nothing yet. Trying to read posts on here to find out. Thx

Anonymous · ‎04-04-2017

@Anonymous wrote:
How long from Approval did it take to show on your accounts? When I applied for my preapproval the lady said durIng the terms she read "if approved you will have access to your funds in 1-6 days"

Can it really take 6 days? I got mine yesterday-was thinking since I am already a customer it would have been quick but nothing yet. Trying to read posts on here to find out. Thx

My Premier Plus Line of Credit was approved for $8,000 instantly but it took two days to show up on the US Bank website.

Anonymous · ‎04-04-2017

That's good to know. Thx Dino.
Mine showed up today, but it's still all zerod out. No available or no line listed. Must be coming I am assuming.
Have you got an increase at all? I won't be asking for a long time since the $15k is my highest line but just curious for the future.

Anonymous · ‎04-04-2017

@Anonymous wrote:
That's good to know. Thx Dino.
Mine showed up today, but it's still all zerod out. No available or no line listed. Must be coming I am assuming.
Have you got an increase at all? I won't be asking for a long time since the $15k is my highest line but just curious for the future.

Opened at $8k increased to $10K and then to $15K.