topic Re: Cash Magnet data points in Credit Card Approvals

Cash Magnet data points

Anonymous — Thu, 19 Jul 2018 19:18:06 GMT

So I gave in and applied for the Cash Magnet since the preapproval for it was gonna expire on the 18th 😁 Was approved for $5,300 with Amex fico8 at 723. Wish I could've waited for them to pull it again around the 25th and get the current score-740-but I'm good with the $5k+ limit and seems fair for my profile: 10 mo AAoA, 15 mo AoOA, 3 other CC with BCE highest limit at $12k and Cap1 lowest at $1,750, 2% util, no negatives.

Was told it'll be 3-5 business days and received an email within minutes with a reminder to set up the acct. Pretty excited! Quicksilver goes in the SD as soon as I get it, sorry Cap1... 😆

UPDATE: Just got an email it was shipped today and will arrive in 7-10 business days. Hmm... 3-5 days have turned into 7-10. I had called them yesterday and the CSR said "it's coming through regular mail so we don't have a tracking number"... In the meantime, they fedExd my DH a replacement card in less than 24h. Yes, I'm jelly! 😆

Re: Cash Magnet data points

xaximus — Mon, 16 Jul 2018 12:19:12 GMT

Congrats! 5.3k is a good starting limit and as always, 61 days from the account opening and you can request 3x CLI so there's always that!

Re: Cash Magnet data points

Anonymous — Mon, 16 Jul 2018 12:51:09 GMT

Congrats, solid SL. Soon enough you could be at $15.9K.

Re: Cash Magnet data points

Anonymous — Mon, 16 Jul 2018 12:55:08 GMT

Are you sure?...I thought I had to wait 181 days since the last increase on my other Amex...🤔

Re: Cash Magnet data points

Anonymous — Mon, 16 Jul 2018 13:07:04 GMT

You’re correct, if you already have an Amex card you’ve received a CLI on, you do have to wait 181 days before attempting another one.

Re: Cash Magnet data points

Anonymous — Mon, 16 Jul 2018 15:06:06 GMT

Congrats on the approval!!

Re: Cash Magnet data points

Anonymous — Mon, 16 Jul 2018 15:08:37 GMT

Congrats on approval and very nice SL

Re: Cash Magnet data points

Anonymous — Mon, 16 Jul 2018 15:23:51 GMT

Congrats!! good sl. It'll grow to 5 digit cl eventually

Re: Cash Magnet data points

19eighty5 — Mon, 16 Jul 2018 16:38:24 GMT

Congratulations!

Re: Cash Magnet data points

Anonymous — Mon, 16 Jul 2018 18:21:21 GMT

Congrats on the approval! I’m also looking to SD my QS1. One day. One day.

Re: Cash Magnet data points

chhull00 — Mon, 16 Jul 2018 19:06:21 GMT

Congrats and welcome to the club