topic SunTrust CC Application 4-6 Business Hours?? in Credit Card Approvals

SunTrust CC Application 4-6 Business Hours??

Anonymous — Sun, 13 Jan 2019 00:28:54 GMT

Have any of you ever seen this? My mom recently app'd for the SunTrust Rewards Card. When she logged into the application status she received this message. It's odd to me that they show a limit to the right of $5k - I would think she's approved maybe with verification?

Re: SunTrust CC Application 4-6 Business Hours??

Pikaboo-icu — Sun, 13 Jan 2019 00:34:24 GMT

That's my guess.

Tentatively approved for $5000, pending finalization.

Re: SunTrust CC Application 4-6 Business Hours??

Anonymous — Sun, 13 Jan 2019 00:52:07 GMT

Yeah, I don't know this because I've never applied with SunTrust but I know some of the smaller lenders allow you to request SL during the app process. That is why I wasn't sure what this might mean. She applied on the 9th so it's been awhile of course the weekend factored. .

Do you have any products @Pikaboo-icu

Re: SunTrust CC Application 4-6 Business Hours??

Gmood1 — Sun, 13 Jan 2019 00:57:17 GMT

I have one of their cards. I have never seen that. Maybe they added manual reviews to the process? My app was a instant approval.

Re: SunTrust CC Application 4-6 Business Hours??

Anonymous — Sun, 13 Jan 2019 03:05:13 GMT

Thanks GMood! She is dying to know and of course I said "no problem I'll get to the bottom of this"....counting on my MF peeps. But not a lot of data out there about them!

I want to tell her I believe she is approved but...it could go South.

Just from seeing that $5k it seems like she's a lock! LOL

Re: SunTrust CC Application 4-6 Business Hours??

Gmood1 — Sun, 13 Jan 2019 03:10:51 GMT

Yeah for sure! At least it wasn't an instant denial.
She's probably good to go. SunTrust had a major breach last year. They're being cautious because of it, is my belief.
I've always thought of them as fairly aggressive when pushing their CCs.

Re: SunTrust CC Application 4-6 Business Hours??

AverageJoesCredit — Sun, 13 Jan 2019 12:53:57 GMT

One only gets a instant approval if one is a G

Re: SunTrust CC Application 4-6 Business Hours??

seattlecredit08 — Sun, 13 Jan 2019 15:55:31 GMT

@Gmood1 wrote:
I have one of their cards. I have never seen that. Maybe they added manual reviews to the process? My app was a instant approval.

When I applied for this card last year, I had to go through additional verification. In the end, I was approved.

However, I don't recall seeing the SL amount during the process; I received a more standard 7-day type message.

While on the topic of SunTrust, @Gmood1 (or anyone else) -- have you tried getting a second card from SunTrust? If so, what was your experience? HP? Did having the first card help?

By the way, for anyone interested, some data points about SunTrust:

Their cards are available only in markets they serve
Cards can be cold app-ed online, with no prior relationship
They very reliably seem to pull EQ (Equifax) only
Seem to be ok with SLs but not overly generous, their sweet spot seems to be $7,000-$10,000

Thanks in advance!!

Re: SunTrust CC Application 4-6 Business Hours??

Gmood1 — Sun, 13 Jan 2019 16:13:41 GMT

I haven't tried for another CC from them as yet. I agree, the average SLs seem to fall in the range you describe.

Re: SunTrust CC Application 4-6 Business Hours??

Anonymous — Sat, 19 Jan 2019 21:42:01 GMT

@BrandonLane, what was the results?

Re: SunTrust CC Application 4-6 Business Hours??

Anonymous — Sat, 19 Jan 2019 21:43:44 GMT

Approval for DM.

Re: SunTrust CC Application 4-6 Business Hours??

Pikaboo-icu — Sat, 19 Jan 2019 22:08:24 GMT

To mom...

Re: SunTrust CC Application 4-6 Business Hours??

Anonymous — Mon, 21 Jan 2019 08:49:59 GMT

By the way, for anyone interested, some data points about SunTrust:

Their cards are available only in markets they serve
Cards can be cold app-ed online, with no prior relationship
They very reliably seem to pull EQ (Equifax) only
Seem to be ok with SLs but not overly generous, their sweet spot seems to be $7,000-$10,000.
_____________________________
Are they Bankruptcy friendly? Does anyone know what score they typically like to see for an approval?

Re: SunTrust CC Application 4-6 Business Hours??

Anonymous — Mon, 21 Jan 2019 17:47:28 GMT

Congrats !!!