topic US Bank Cash+ Visa Signature - $15K Approval in Credit Card Approvals

US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 16:50:15 GMT

Submitted an online application for a US Bank Cash+ Visa Signature card on 4/25 and was notified that I would get a decision in 7-10 days. I later called Credit Card Underwriting Services several times and each time I got a recording saying "I'm sorry; I'm unable to retrieve your application information." Late yesterday afternoon I allowed the call to go through to a representative who pulled up my application and told me "It looks like your application is declining due to too many inquiries." I thanked her for her help and hung up thinking I would call back to recon when I got the decline letter in the mail.

So imagine my shock when I logged into my US Bank account a few minutes ago and saw the following:

2018-04-27_11-12-38.png

My application was actually approved with a $15K starting limit.

Re: US Bank Cash+ Visa Signature - $15K Approval

Gmood1 — Fri, 27 Apr 2018 16:52:21 GMT

Congrats MnB on the great SL!😎

Re: US Bank Cash+ Visa Signature - $15K Approval

simplynoir — Fri, 27 Apr 2018 17:01:50 GMT

Congrats there!

Re: US Bank Cash+ Visa Signature - $15K Approval

jlitnns — Fri, 27 Apr 2018 17:04:59 GMT

That is a sweeeeeet surprise, congrats!

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 17:24:16 GMT

Congrats!!

Now you dont have to answer the phone if they call you to tell you of the approval

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 20:15:07 GMT

Thanks Gmood1. Its amazing how many banks I'm noticing now that I've been focusing on my credit.

Backstory: I recently realized there was a U.S. Bank branch less than 2 miles from my home so a month ago I went in-branch, opened checking, and savings accounts; seeded them with $100 each and arranged direct deposit of a portion of my income so I could get the $200 signup bonus. On Tuesday I received a mailer for their Reserve Line of Credit so I went back to the branch where a personal banker told me that they would need to do a hard pull; I declined the offer but took the opportunity to open a Money Market account and put some of what I call my "FU money" in it.

While researching the Reserve Line in this forum I noticed users like Djgrolyos and longtimelurker raving about how generously they extend credit to deposit account holders. So I figured that if they were going to do a hard pull I might as well just apply for a Cash+ card and put in an online application. Now I'm eyeing the Altitude Reserve but will garden for a while since I'm up to 10 inquires on TU, 7 on EX, and 2 on EQ. I'll call them later to see if they will use the TU pull for the Visa+ to give me the reserve line of credit.

@Gmood1 wrote:
Congrats MnB on the great SL!😎

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 18:34:50 GMT

Congrats on the approval.

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 20:06:25 GMT

@M&b

Having applied on 20th apr for cash+ visa & I got 7-10 day message and they pulled EQ for me in GA and I called status line and told I was declined.

After hearing you it looks like I can be hopeful. Usually pulls TU but pulled EQ 698 fico 8 score.

Re: US Bank Cash+ Visa Signature - $15K Approval

SOGGIE — Sun, 06 May 2018 03:27:59 GMT

Congrats OP! Awesome SL.

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 20:18:21 GMT

I would call (800) 947-1444 and speak directly with a representative rather than wait around and wonder about the outcome.

@Anonymous wrote:
@M&b

Having applied on 20th apr for cash+ visa & I got 7-10 day message and they pulled EQ for me in GA and I called status line and told I was declined.
After hearing you it looks like I can be hopeful. Usually pulls TU but pulled EQ 698 fico 8 score.

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 20:30:01 GMT

Hopefully you get approved Maharishi. I was given the preapproval on the website then when I applied I was given the 7-10 message. About 3 days later I called the automated line and was told it was declined. I got a letter yesterday from them thinking it was the denial reason and it asked for verification. I called them verified info and called the automated line last night and was approved. Hopefully when you get the letter all you will need is verification

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 20:52:14 GMT

@Rik1

thanks for encouraging words, i called after i got the 800 number from here and did the autotmated app status and it showed declined. So i decided to speak to an underwriter who recommended a second review of the app stating the reason for denial was too many inquiries and underwriter stated that it had more auto loan inquiries rather than credit card inquiries & so its under a second review and will let me know in 3-5 days.

Fingers crossed. will see.

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 20:59:51 GMT

Good luck with your recon; hopefully you'll be posting about your approval soon.

@Anonymous wrote:
@Anonymous
thanks for encouraging words, i called after i got the 800 number from here and did the autotmated app status and it showed declined. So i decided to speak to an underwriter who recommended a second review of the app stating the reason for denial was too many inquiries and underwriter stated that it had more auto loan inquiries rather than credit card inquiries & so its under a second review and will let me know in 3-5 days.

Fingers crossed. will see.

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Fri, 27 Apr 2018 21:12:56 GMT

@Anonymous wrote:
Submitted an online application for a US Bank Cash+ Visa Signature card on 4/25 and was notified that I would get a decision in 7-10 days. I later called Credit Card Underwriting Services several times and each time I got a recording saying "I'm sorry; I'm unable to retrieve your application information." Late yesterday afternoon I allowed the call to go through to a representative who pulled up my application and told me "It looks like your application is declining due to too many inquiries." I thanked her for her help and hung up thinking I would call back to recon when I got the decline letter in the mail.

So imagine my shock when I logged into my US Bank account a few minutes ago and saw the following:

2018-04-27_11-12-38.png

My application was actually approved with a $15K starting limit.

That is a NICE SL!! CONGRATS!!

Re: US Bank Cash+ Visa Signature - $15K Approval

Time2letgo — Fri, 27 Apr 2018 21:17:57 GMT

Whoot Whoot!!! Happy Friday. Congratulations, nice SL

Re: US Bank Cash+ Visa Signature - $15K Approval

irunfromcredit — Fri, 27 Apr 2018 23:16:33 GMT

Congrats on the approval. I agree, they are generous with existing customers. They purchased my mortgage late this past summer. I rec’d a preapproval for three of their cards. I applied for the cash + and platinum a few days apart and was approved for both at $15k each!! I did open a checking after shortly so I can do direct deposit and pay my mortgage straight from that account. Anyhow, I’m eyeing the altitude reserve as well, but may wait a few more months. Again congrats on the approval!

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Sat, 28 Apr 2018 03:15:44 GMT

Another ‘wow, great SL congrats!’ here.

I’m another one eyeing the AR if Chase makes the rumored move. I’ve got ck/sav/C+ with them. Didn’t ever so much with it due to they used to charge for mobile deposits😳 But I don’t think they do anymore.

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Sat, 28 Apr 2018 05:07:14 GMT

Congrats on nice SL

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Sun, 29 Apr 2018 00:11:57 GMT

Congrats on the approval! I applied for the same card got the 7-10 day message and got dinged by ARS for too many inquiries. CAlled to recon and was told to reapply in 30 days. So I am basically going to garden for about 3-6 months and see what happens.

Re: US Bank Cash+ Visa Signature - $15K Approval

Anonymous — Sun, 29 Apr 2018 01:38:51 GMT

Wonderful. A nice healthy SL, also!