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Regular Contributor
Posts: 197
Registered: ‎06-08-2007
0

Chevron's minimum FICO and cancelled "Credit Builder" program

I finally got someone at Chevron to cough up some internal info about their credit approval process. Be careful, folks, not to waste an inquiry with them thinking you'll qualify with marginal credit and marginal scores.

Chevron is NO LONGER qualifying anyone for their "credit builder" card program. And a manager told me yesterday that they will not approve anyone with less than a 600 FICO score. Just know this before you apply.

For some reason, Chevron wanted to keep their minimum score "secret" from the public, but I persisted and finally had a lady cough it up.
Regular Contributor
Posts: 197
Registered: ‎06-08-2007
0

Re: Chevron's minimum FICO and cancelled "Credit Builder" program

Just wanted to bump this news back up... a couple of websites are still reporting old info about Chevron accepting scores less than 600. They are NOT anymore.

Be careful wasting anytime or an inquiry applying for this card!
Moderator Emeritus
Posts: 16,375
Registered: ‎03-12-2007
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Re: Chevron's minimum FICO and cancelled "Credit Builder" program



CreditHawk wrote:
Just wanted to bump this news back up... a couple of websites are still reporting old info about Chevron accepting scores less than 600. They are NOT anymore.

Be careful wasting anytime or an inquiry applying for this card!

Just curious, what's your APR on this card?
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
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Established Contributor
Posts: 512
Registered: ‎06-08-2007
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Re: Chevron's minimum FICO and cancelled "Credit Builder" program

Interesting... I just received a pre-approved acceptance certificate from Chevron today. I'm curious to know if this is something worh having. DO they report to the CRA's and is this a credit or charge card?
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