topic Re:UPDATE Simmons First.... For UNIFY (Formerly Western CU) in Credit Card Approvals

Simmons First Not In A "NY State of Mind"! - Update: Unify Approved

Genecio — Wed, 26 Sep 2018 10:17:47 GMT

So, let me start by saying I know that Simmons First is a very PRIME credit card. To my dismay, they dont allow customers from New York to apply. I was curious to see if I wouldve gotten approved. Instead yesterday evening I apped for UNIFY fixed rate Visa Platinum, the max credit limit is $50,000. I heard back from them earlier today 09/18/2018 and they countered with $30K and fixed rate 8.99 pending I submit POI. The rep also told me I needed to join the CU by opening the share account to establish membership ($5). I e-signed some documents and submitted everything today. I should hear something back from them by this Friday 09/21/18. Yes, I went hard and asked for the full $50K because I didnt wanna sell myself short. My Exp Score 2 is 769, TU 779, and EQ 804. Total of 5 inquiries one on TU from 05/29/18, and 4 on EXP as recent as 10/29/17.

WISH ME LUCK :-)

Mod note: I've updated your subject to reflect your approval; feel free to change/edit if you would like. --UB

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

wingennis — Wed, 19 Sep 2018 00:11:35 GMT

Good luck!

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Meanmchine — Wed, 19 Sep 2018 01:18:21 GMT

You need a squeeky clean file for Simmons.

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Genecio — Wed, 19 Sep 2018 01:24:57 GMT

Simmons does not accept applicants from NY.....not sure why.

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

AverageJoesCredit — Wed, 19 Sep 2018 01:42:16 GMT

Probably the most impressed with those who have a Simmons card are those with Simmons cards It maybe "Super Prime" but my $300 PP cc swipes just the same

Good luck with Unify

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Genecio — Wed, 19 Sep 2018 02:49:07 GMT

Thanks, and maybe youre right. I sure would like to get that $30K fixed credit line though. I'm sure after a few years of good behavior they'd be willing to increase it to like $40K.....what do you think?

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Anonymous — Wed, 19 Sep 2018 02:58:17 GMT

@Genecio wrote:
Simmons does not accept applicants from NY.....not sure why.

They're anti-cream ale?

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Anonymous — Wed, 19 Sep 2018 03:05:10 GMT

Sounds like you got the 30k as long as the POI matches what you stated on the app. You will get that 50k soon enough. I think we will he saying Congrats soon enough. 😉

What's up with them leaving NY out of the inner circle? Only NY?

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Genecio — Wed, 19 Sep 2018 03:36:33 GMT

Not sure why but when I attempted to app for Simmons, NY was missing from the drop down menu....so when I read some of the fine print, it stated that they only accept application from those states who appear on the drop down menu....SMH!

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Medic981 — Wed, 19 Sep 2018 03:43:15 GMT

Simmons must not be chartered to do business in NY or is unable or unwilling to fulfill NY regulations.

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Genecio — Wed, 19 Sep 2018 03:46:59 GMT

Perhaps, no love loss though. Simmons was offering 10% last time I checked. Not sure if that was fixed or variable, either way if I can get the 8.99 from UNIFY, theyll have a customer for life. I'll even open up their e-checking account. They have a branch in NJ which is about 40 miles from me. Not to say I'll be going there, however if I'm in NJ visiting a relative during regular business hours, I may stop by, to say Hi !

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

FinStar — Wed, 19 Sep 2018 04:02:13 GMT

The Simmons Bank Visa (non-rewards) APR is 10. 00% variable.

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Genecio — Wed, 19 Sep 2018 04:28:23 GMT

Oh really? So then more of a reason I hope I actually get the UNIFY with 8.99 FIXED APR.

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

AverageJoesCredit — Wed, 19 Sep 2018 12:16:12 GMT

OP, Langley Federal Credit Union offers a 8.75% apr variable Visa card. I got it and its a good card. Might check them out. Open membership by joining specific groups for like $5 .

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Genecio — Wed, 19 Sep 2018 13:28:44 GMT

Yeah, that sounds great also. However getting a fixed rate would be awesome. I currently have a Discover It and I called them about 2 weeks ago to get my rate lowered even if just temporarily. They offered 0% for 12 months so I took it. As of right now it's my oldest and ONLY card with a limit of just under $20K. My plans are to periodically if need be take advantage of the 0% apr for purchase and wahtever balance transfer promo's they have in the future to park a balance then as I oay it off and the promo expires, move the balance over to UNIFY to park it at the low 8.99 FIXED and pay it off. So to be able to move roughly $20-30K at a time, I could really get stuff done and not apply for these HELOC or Personal Loans anymore.

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

AverageJoesCredit — Wed, 19 Sep 2018 18:14:36 GMT

Sounds like a good plan

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

CreditCuriosity — Wed, 19 Sep 2018 20:59:10 GMT

NY is a PITA to do business in especially in certain industries.. My industry and company I work for (insurance; not auto) is thinking about pulling out of the state as they simply aren't profitable and actually cost us millions each year as you can only increase rates X amt per year regulated by the state and the claims and the geniousity of the award amount granted by juries out weigh our cost to do business in the state. Scary thing is we write about 70% of the insurance in the state as well for given insurance that we provide. Alot more to it, but why certain companies choose not to do business in certain states and NY and Florida are two at least for our industry that are a real pain(although florida is profitable, just tons of extra hoops to jump through)

Know it wasn't really CC related response, but probably a gimplse whether it is laws/hoops or other they choose not to do business there

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

Genecio — Thu, 20 Sep 2018 03:37:42 GMT

Wow, actually I never considered the cost of doing business in places like NY. I thought things like banking/credit were handled at the federal level. All good though can't wait to here back from UNIFY.

Thanks for Explaination

Re: Simmons First Not In A "NY State of Mind"!/Applied For UNIFY (Formerly Western CU). Pr

CreditCuriosity — Thu, 20 Sep 2018 15:12:51 GMT

@Genecio wrote:
Wow, actually I never considered the cost of doing business in places like NY. I thought things like banking/credit were handled at the federal level. All good though can't wait to here back from UNIFY.
Thanks for Explaination

Probably alot of at least banking is handled at the federal level, but things like cyber things aren't at this time.. This is one of the things we are undergoing in new york currently that requires us by X date to have tons of cyber things in place on our network/software. It could be the simmon's simply doesn't have this in place currently either and a state requirement (just an example). Such as encrypting SSN's various firewall measures, multi factor authentication etc, etc..

Certainly let us know how it turns out with the other CU though!

Re:UPDATE Simmons First.... For UNIFY (Formerly Western CU)

Genecio — Sat, 22 Sep 2018 21:46:53 GMT

APPROVED! I finished opening the share account with $5 and was approved for both the account and the UNIFY Platinum Visa Credit Card. No Annual Fee, Balance Transfer or Cash Advance Fees. Intro APR 4.99 for 6 months then FIXED APR 8.99! Cash advance and balance transfer APR of Same (No intro APR for those). Credit Limit of $30K🙌🏾