Posts: 567
Registered: ‎10-04-2012
Re: What is the best No Annual Fee card?

Dustink wrote:

Elcid89 wrote:

I have no idea what their cutoff is. I was approved with my scores and $335k in income. My son was declined with 760 range credit / no baddies and $65k in income.

Does he have other high limit cards? Sometimes that can cause problems. If open utilization is already high relative to income. For example, if he already had $50k in available credit. They may determine his income and length of credit history aren't sufficient to cover more available credit.


All of those would have triggered a specific line item on the denial letter. There was nothing, at all, other than "you do not meet our underwriting ...". They didn't even pull his credit as far as we can tell. No inquiry ever showed up.

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
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Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k