topic Re: Barclaycard for Average Credit in Credit Card Approvals

Barclaycard for Average Credit

mynamemightbetim — Sun, 06 Jul 2014 04:21:17 GMT

Got a question from my fiance: She wants to apply for the barclaycard for average credit butshe's worried to waste the inq.. currently has four inquires in the past year, and was recently accepted for a cap 1 card with a 2K limit. It hasn't even got here in the mail yet. Her score is in the 680-710 range. Do you think it's worth putting in the app?

Thanks

Re: Barclaycard for Average Credit

pizza1 — Sun, 06 Jul 2014 04:31:02 GMT

I say go for it. I was 6 months out of a BK, scores for TU were 635 at the time of approval. I had tins of inquiries an lots of new cards too!! Just depends I guess on the person and there overall credit picture. They are very good to recon with in the back door #. Try Barclays prequal site and see if the card pops up as a preapproval. If it does, you will see a "congratulations " you are preapprovals at the top and for which card. That's what happened to me. Good luck!

Re: Barclaycard for Average Credit

Kenny — Sun, 06 Jul 2014 04:36:14 GMT

The chances for approval are good, but you didn't tell us how many are on transunion. I do think it's a go, though.

Re: Barclaycard for Average Credit

Anonymous — Sun, 06 Jul 2014 04:41:11 GMT

Just want to share my personal input. I had 10+ inq on TU with only 6 months of credit history at the time I got approved for Sallie Mae, which should be one of the easier cards from Barclaycard. It can be very YMMV I'd say. My buddy who applied the same card, having the same salary and almost the same length of credit history/CL in total, but got rejected.

Re: Barclaycard for Average Credit

Kennie02 — Sun, 06 Jul 2014 09:09:44 GMT

@mynamemightbetim wrote:
Got a question from my fiance: She wants to apply for the barclaycard for average credit butshe's worried to waste the inq.. currently has four inquires in the past year, and was recently accepted for a cap 1 card with a 2K limit. It hasn't even got here in the mail yet. Her score is in the 680-710 range. Do you think it's worth putting in the app?

Thanks

I was approved for Barclays Rewards with 650 TU on recon. There was concern over some new accounts that were less than 6 mos old. I say go for it. If they say no, then def have her call to recon.

Re: Barclaycard for Average Credit

Florida1990 — Sun, 06 Jul 2014 13:11:59 GMT

Agreed go for it.

Re: Barclaycard for Average Credit

CenturyChild — Sun, 06 Jul 2014 13:32:06 GMT

FICO 680+ with less than 2INQ in last 6 months should be an approval provided everything else looks good.

Good Luck. Its a great everyday card!

Re: Barclaycard for Average Credit

bigblue7722 — Sun, 06 Jul 2014 14:24:00 GMT

She should have no problem getting the card. I would also check their pre approval as well. Sorry I don't have a link but just Google it. Also, I may suggest applying for the sallie Mae Mastercard. It's similar to the rewards Mastercard I would apply for it

Re: Barclaycard for Average Credit

Creditaddict — Sun, 06 Jul 2014 14:49:49 GMT

I would apply for the Barclay Sallie Mae card over the regular rewards card for average credit...

Re: Barclaycard for Average Credit

Anonymous — Sun, 06 Jul 2014 15:17:10 GMT

I just got approved with a 598 credit scores and plenty of old baddies on my account. They denied me at first but I called their reconsideration line and got approved. I am guessing with that credit score she should be fine.

And to the other responses I wish I would have read this forum before I applied ... now I have to go research this sallie may card.

wow ... I wish I would have done this just based on the 2500 reward points available .. here is to hoping the Sallie may card is harder to get .... I will believe that anyway since I have already applied for and gotten the rewards card.

Re: Barclaycard for Average Credit

Anonymous — Sun, 06 Jul 2014 15:18:07 GMT

Check out the approval link to get an idea.

https://www.barclaycardus.com/apply/ProactivePrescreenLanding.action

If it comes up with the "Congratulations" (shown below) then you - well, she has a decent chance.

Re: Barclaycard for Average Credit

Anonymous — Sun, 06 Jul 2014 15:35:35 GMT

didnt show " congrats" but showed recommended

how is that different

Re: Barclaycard for Average Credit

pizza1 — Sun, 06 Jul 2014 15:48:52 GMT

Maharishi..... Congrats means that your approval for that card is pretty much a done deal. If you only get a "recommended" and not a congrats, then you'll most likely get declined if you app for it. Barclays is usually spot on on their congrats. I applied for the "recommended"card back in December and got denied. In march I did the prequal site and I got a "congrats" for the rewards cards, applied and it was an instant approval.

Re: Barclaycard for Average Credit

Anonymous — Sun, 06 Jul 2014 16:00:07 GMT

thank you for that insight. Could it be that TU is frozen and recommend was their only option? didn't I have to have TU open for them to give me " congrats" . isnt TU really the only bureau Barclaycards check on.

Anyways, i do thank you for clearing it up. I just dont want a denial. I will go for CreditOne it seems to me.

It is also why my best FICO score is on EX and want to try it one last time before i call it quits on/upto December 2014.

Re: Barclaycard for Average Credit

Anonymous — Sun, 06 Jul 2014 16:07:48 GMT

@Anonymous wrote:
didnt show " congrats" but showed recommended

how is that different

The difference is that "Congratulations" means there ia a pre-approval already for her. If it says Recommended, then it doesn't mean you will be denied, just means there is no pre-approval offer at this time.

One can try to apply for it anyway, and based on the scores posted, it will likely be approved. But since there are no pre-approvals, might as well shoot for the Sallie Mae. Better benefits.

EDIT: for typos

Re: Barclaycard for Average Credit

Creditaddict — Sun, 06 Jul 2014 16:11:34 GMT

Yes you need to unfreeze TU before you apply and why you wouldn't get per approvals too

Re: Barclaycard for Average Credit

Anonymous — Sun, 06 Jul 2014 20:48:55 GMT

I got denied due to number of inquiries. 692 score

Re: Barclaycard for Average Credit

B335is — Sun, 06 Jul 2014 21:12:57 GMT

I had this card at one point. When I got it, my Fico was 650 or slightly higher, I applied on the back end of an app spree. Instant approval for $750 limit (consistent with my other cards at the time). It's one of the better cards if you have average credit; decent rewards, they post quickly and are easy to redeem. I would probably go for Sallie Mae with a score of 700 though and you will need to unfreeze TU - both points Creditaddict already made.

Re: Barclaycard for Average Credit

mynamemightbetim — Mon, 07 Jul 2014 23:45:13 GMT

Thanks, she got the pre-approval congratulations for it. B335is was barclays picky if you had a couple new cards report right around when you got it? I heard they might close the line (idk if that's true)? She'll have two new accounts pop up right around the same time as this. She'll have the Cap1 report and a victoria's secret LOL. She sort of went on a spree. It didn't really budge her credit much though. Only the cap1 was an app, and an amazon store card from January. And the VS card was the "shopping cart trick".

Re: Barclaycard for Average Credit

Creditaddict — Mon, 07 Jul 2014 23:46:19 GMT

@Anonymous wrote:
I got denied due to number of inquiries. 692 score

did you recon?