topic Re: US Bank Cash+ VS $10,000 Approval!!! in Credit Card Approvals

US Bank Cash+ VS $10,000 Approval!!!

credit_is_crack — Wed, 04 Oct 2017 22:54:54 GMT

Hi All,

So some of us have been playing with the US Bank prequalify website recently, and I got two cards for results (app process info posted here http://ficoforums.myfico.com/t5/Credit-Cards/US-Bank-Prequalified-Results/td-p/5059270

I had solid APRs for 16.99% w/the sign-up bonus ($100 4 $500 spend) on the Cash+ and 365 AmEx.

Applied Saturday 09/30 and got the 7-10 day message online. Called yesterday and automated line said "Congratuations You've Been Approved!" and called back today to get the details.

US Bank Cash+ Visa Signature Card

Approved Limit $10,000

APR - 15.99% (even though my prequal was 16.99%)

**These were my stats as of app date. I have several new accounts but they have not posted yet so they saw a cleaner, less active version of my profile

Single TU Pull - Fico 8 783 (not sure if they used mortgage score, I'll find out when i get that credit letter)

Inquiries < 6 Months = 3
Inquiries < 12 Months = 5
New Accounts < 6 Months = 0
New Accounts < 12 Months = 4
No existing USBank relationship
Never had an account with US Bank or affiliates (Elan)
This was the first time I received a prequal result on their website

Perks:

5.5% on two categories in Year 1 (drops to 5% at 13 months)
2.5% on one category in Year 1 (drops to 2% at 13 months)
1% on everything else
$0 Annual Fee

This IS my FINAL app for 2017 and won't be leaving the garden until next summer (if i leave the garden at all). I had read somewhere that when you get a prequalified offer (and it had some red banner) it was pretty much golden; I had no red banner on mine, just the standard prequal. Woo-Hoo!!

Re: US Bank Cash+ VS $10,000 Approval!!!

Anonymous — Wed, 04 Oct 2017 23:20:33 GMT

Congrats!! I didn't see a solid APR on mine l, as well as the "red bar" that was mentioned in other posts. So I'm not gonna bother. I'll wait till my score goes up 50 pts.

Re: US Bank Cash+ VS $10,000 Approval!!!

Anonymous — Wed, 04 Oct 2017 23:29:13 GMT

Sweet. 🎈🎊🍾🎉🐬. You got a better APR as well. Congrats

Re: US Bank Cash+ VS $10,000 Approval!!!

Anonymous — Wed, 04 Oct 2017 23:29:56 GMT

Red banner??

Congrats on the CL!! Not sure if i want to apply with my stats:

TU 719

15 INQs

Oldest acct 11 yrs

AAOA 3.6

Re: US Bank Cash+ VS $10,000 Approval!!!

CreditMagic7 — Wed, 04 Oct 2017 23:30:35 GMT

I passed on (2) bonified preapprovals for this card the past couple months.

Only yesterday ripped up another.

Nothing wrong with it, just not on par with my own schedule

Congratulations on your US Bank Cash+ approval.

Re: US Bank Cash+ VS $10,000 Approval!!!

credit_endurance — Thu, 05 Oct 2017 00:03:42 GMT

Huge congrats CIC on yet another solid approvals! You definitely inspire me my friend. I have this card on my radar but no relationship whatsoever with them so was hesitant to pull the trigger. With your approval I might just have the nerve to go for this one. Question though did you have your IDA/ARS on the rocks before the app?

Re: US Bank Cash+ VS $10,000 Approval!!!

credit_is_crack — Thu, 05 Oct 2017 00:40:07 GMT

@Anonymous wrote:
Red banner??

Congrats on the CL!! Not sure if i want to apply with my stats:

TU 719
15 INQs
Oldest acct 11 yrs
AAOA 3.6

I think score wise you're very close. I understand conservative to be in the 720+ space, what I'm not sure about is where US Bank's 'threshold' is. They offer secured cards too so I imagine their net is wider than we might think. Hopefully someone more versed about US Bank could help chime in.

Re: US Bank Cash+ VS $10,000 Approval!!!

credit_is_crack — Thu, 05 Oct 2017 00:41:39 GMT

@CreditMagic7 wrote:
I passed on (2) bonified preapprovals for this card the past couple months.

Only yesterday ripped up another.

Nothing wrong with it, just not on par with my own schedule

Congratulations on your US Bank Cash+ approval.

Thanks CM7! Ripping up offers for money...sounds like a problem I could squeeze in my life LOL I know what you mean though, sometimes you almost want to find a reason to like it, but if it just doesnt fit, then so be it. I 100% agree with you on that

Re: US Bank Cash+ VS $10,000 Approval!!!

credit_is_crack — Thu, 05 Oct 2017 00:44:24 GMT

@credit_endurance wrote:
Huge congrats CIC on yet another solid approvals! You definitely inspire me my friend. I have this card on my radar but no relationship whatsoever with them so was hesitant to pull the trigger. With your approval I might just have the nerve to go for this one. Question though did you have your IDA/ARS on the rocks before the app?

Thanks Bruise! I feel like I've been gambling for 45 days now so my nerves are a bit shot and its time to cash out while I'm still ahead! I've never requested my IDA/ARS so if by default they are 'unlocked' then that was how USB pulled them. I've never requested a freeze on those nor have I ever seen my report from them. I actually had forgotten ARS plays a part with USB until you just mentioned it I guess whatever they do have on file can't be all that bad

Re: US Bank Cash+ VS $10,000 Approval!!!

CreditMagic7 — Thu, 05 Oct 2017 00:46:19 GMT

@credit_is_crack wrote:
@CreditMagic7 wrote:
I passed on (2) bonified preapprovals for this card the past couple months.

Only yesterday ripped up another.

Nothing wrong with it, just not on par with my own schedule

Congratulations on your US Bank Cash+ approval.
Thanks CM7! Ripping up offers for money...sounds like a problem I could squeeze in my life LOL I know what you mean though, sometimes you almost want to find a reason to like it, but if it just doesnt fit, then so be it. I 100% agree with you on that

I have held a US Bank Card before closing one last year for 5 years so this is 100% normal procedure for those coming to me at this time of the year.

They soft the reports in August only usually but since they turned on the 0nline Preapproval site i noticed another for the first time in late Sept which explains why they sent another one out. They used to only mail those once and after a SP in August.

Something worth taking notice of for others who might want to try for a card with them.

Re: US Bank Cash+ VS $10,000 Approval!!!

credit_is_crack — Thu, 05 Oct 2017 00:57:26 GMT

Thanks for the heads up. Wow only once a rear, that's right up there with conservative alright

Re: US Bank Cash+ VS $10,000 Approval!!!

CreditMagic7 — Thu, 05 Oct 2017 01:16:16 GMT

@credit_is_crack wrote:
Thanks for the heads up. Wow only once a rear, that's right up there with conservative alright

Keep in mind that's how it WAS before they recently turned on that preapproval page.

Proof positive it works now is check the reports for a softee from them after submitting to see which cards they offer and set APR.

Re: US Bank Cash+ VS $10,000 Approval!!!

credit_is_crack — Thu, 05 Oct 2017 01:58:22 GMT

I knew this was going to be a 'lucky' card. Just updated my little tracker and my new total credit line (with this addition) is $333,300 LOL I cannot believe I have that much, especially since all I had in July 2015 was my $750 secured USAA card.

There are several with much more and our recent $1M milestone, but I am **bleep** proud of my progress. I feel like I had to earn every single dollar

I see a lotto ticket purchase in my near future

Re: US Bank Cash+ VS $10,000 Approval!!!

CreditMagic7 — Thu, 05 Oct 2017 02:20:32 GMT

@credit_is_crack wrote:
I knew this was going to be a 'lucky' card. Just updated my little tracker and my new total credit line (with this addition) is $333,300 LOL I cannot believe I have that much, especially since all I had in July 2015 was my $750 secured USAA card.

There are several with much more and our recent $1M milestone, but I am **bleep** proud of my progress. I feel like I had to earn every single dollar

I see a lotto ticket purchase in my near future

There's nothing as exciting as that one "Lucky" card that just happens to tip the balance to your favor.

It takes a lot of effort and credit management to get to that place and it's finally YOUR TURN!

Whatta Roll!!

Re: US Bank Cash+ VS $10,000 Approval!!!

credit_is_crack — Thu, 05 Oct 2017 02:26:30 GMT

AMEN!

Re: US Bank Cash+ VS $10,000 Approval!!!

Meanmchine — Thu, 05 Oct 2017 02:35:11 GMT

Congrats CIC

Re: US Bank Cash+ VS $10,000 Approval!!!

credit_is_crack — Thu, 05 Oct 2017 10:18:05 GMT

Thanks Meanmchine!

Re: US Bank Cash+ VS $10,000 Approval!!!

Leonardc2 — Thu, 05 Oct 2017 17:50:46 GMT

Also instantly approved today for $10,000 after pre-qualification at 15.99, etc. FICO 800s across the board. First involvement with US Bank!

Re: US Bank Cash+ VS $10,000 Approval!!!

credit_is_crack — Thu, 05 Oct 2017 18:24:42 GMT

Nice Job!! You're profile must be pristine if you got an instant approval!!

Re: US Bank Cash+ VS $10,000 Approval!!!

Leonardc2 — Thu, 05 Oct 2017 18:35:11 GMT

Yep. I think it helped that I had no inquiries or new accounts for 16 months. I hear they like that! My last card was the Chase Sapphire Reserve.