topic Re: BMO Harris Cash Back MasterCard Approval! in Credit Card Approvals

BMO Harris Cash Back MasterCard Approval!

Anonymous — Tue, 03 Dec 2019 03:41:19 GMT

Went through a lot of headaches with the actual application process, but received the card in the mail randomly this evening.

BMO Harris is a regional bank where you need to some sort of checking, savings, money market account, etc. to hold a credit card with them... didn’t know that at the time of the application. I received a preselected mailer although I had no account with them to apply for their cash back card. $200 sign on bonus, no annual fee, 2% back on gas and groceries and 1% back on everything else. Applied for the credit card online and was told it couldn’t be finalized, but was told to call their 1-800 number. Well, customer service is completely clueless apparently. “You can’t apply without having a checking account so go apply in branch.” Well, obviously I can because I did. I said screw it and applied for a checking account. Immediately called in to check application status on my credit card and they asked me security questions... questions so off the wall I don’t see how anyone would pass. I had given up, but randomly received the card this evening roughly 5 days after applying. No notification. 684 on TU, they pulled TU FICO 8. 79 inquiries, 6 new credit card accounts in 24 months. They couldn’t care less about your inquiries or how many new accounts you have. Approved for 4K, didn’t call in for recon, but I might in branch when I go present two forms of ID to activate this thing. Also 22% UTI on one card, the rest are $0 balances.

Re: BMO Harris Cash Back MasterCard Approval!

AllZero — Tue, 03 Dec 2019 01:30:40 GMT

Congratulations on your approval!

Re: BMO Harris Cash Back MasterCard Approval!

Anonymous — Tue, 03 Dec 2019 01:47:13 GMT

Congratulations. I've been a BMO customer for 43 years now, from my first job. They were the first bank in Canada to offer country-wide access to your accounts, back in the 1970s. You could walk into any Bank of Montreal branch anywhere in Canada and do deposits, bill payments and withdrawals as long as you had an MBB card. This was a huge advantage in those days of limited banking hours as you didn't have to rush home after work to deposit your paycheque

I deal with BMO Harris now as well.

Re: BMO Harris Cash Back MasterCard Approval!

Anonymous — Tue, 03 Dec 2019 02:20:25 GMT

Well, here’s an update everyone! Called in to activate my card and got transferred to fraud... waited 40 minutes on hold just for them to say “you’re calling from a different number than we have on file” and continued to list some number I’ve never heard of. Now I need to go step into a branch to present ID...
So far so bad.

Re: BMO Harris Cash Back MasterCard Approval!

tbque — Tue, 03 Dec 2019 02:28:01 GMT

Congrats on the new card, sorry about all the headaches!

Re: BMO Harris Cash Back MasterCard Approval!

M_Smart007 — Tue, 03 Dec 2019 02:33:08 GMT

Congrats!!

Re: BMO Harris Cash Back MasterCard Approval!

gdale6 — Tue, 03 Dec 2019 02:51:52 GMT

Well, hope you get it resolved and grats on getting the card. This is one we dont hear too much about here on myFico.

Re: BMO Harris Cash Back MasterCard Approval!

snickerpedia — Wed, 04 Dec 2019 15:47:40 GMT

@Anonymous wrote:
Went through a lot of headaches with the actual application process, but received the card in the mail randomly this evening.

BMO Harris is a regional bank where you need to some sort of checking, savings, money market account, etc. to hold a credit card with them... didn’t know that at the time of the application. I received a preselected mailer although I had no account with them to apply for their cash back card. $200 sign on bonus, no annual fee, 2% back on gas and groceries and 1% back on everything else. Applied for the credit card online and was told it couldn’t be finalized, but was told to call their 1-800 number. Well, customer service is completely clueless apparently. “You can’t apply without having a checking account so go apply in branch.” Well, obviously I can because I did. I said screw it and applied for a checking account. Immediately called in to check application status on my credit card and they asked me security questions... questions so off the wall I don’t see how anyone would pass. I had given up, but randomly received the card this evening roughly 5 days after applying. No notification. 684 on TU, they pulled TU FICO 8. 79 inquiries, 6 new credit card accounts in 24 months. They couldn’t care less about your inquiries or how many new accounts you have. Approved for 4K, didn’t call in for recon, but I might in branch when I go present two forms of ID to activate this thing. Also 22% UTI on one card, the rest are $0 balances.

Congrats on your approval!
I always get excited when I see someone with over 20 inquiries get an approval!! --- And I have also wanted to always ask someone how they have acquired so many!!! So here goes - (no judgement here either) ----How does one amass 79 inquiries in 2 years!!!----

Re: BMO Harris Cash Back MasterCard Approval!

coreyb80 — Wed, 04 Dec 2019 16:52:40 GMT

Congrats on the approval!

Re: BMO Harris Cash Back MasterCard Approval!

Anonymous — Wed, 04 Dec 2019 16:53:50 GMT

Most of them are from multiple auto loans. I was low 500s 2 years ago so I was shotgunned to a lot of different banks. Since then I've purchased/leased 8 different vehicles and cosigned on others for siblings.

Re: BMO Harris Cash Back MasterCard Approval!

nuohlac — Wed, 04 Dec 2019 17:31:05 GMT

Congratulations on your approval!!!

Re: BMO Harris Cash Back MasterCard Approval!

FinStar — Thu, 05 Dec 2019 02:31:56 GMT

Congrats on the approval. SL isn't too bad given your profile. Just keep in mind they don't typically reconsider the SL once approved, even if you visit a BMO Harris Bank branch. Your best option, use it for ~12 months and see if you qualify for a CLI (HP).

Re: BMO Harris Cash Back MasterCard Approval!

woodyman100 — Thu, 05 Dec 2019 03:24:46 GMT

@snickerpedia wrote:
@Anonymous wrote:
Went through a lot of headaches with the actual application process, but received the card in the mail randomly this evening.

BMO Harris is a regional bank where you need to some sort of checking, savings, money market account, etc. to hold a credit card with them... didn’t know that at the time of the application. I received a preselected mailer although I had no account with them to apply for their cash back card. $200 sign on bonus, no annual fee, 2% back on gas and groceries and 1% back on everything else. Applied for the credit card online and was told it couldn’t be finalized, but was told to call their 1-800 number. Well, customer service is completely clueless apparently. “You can’t apply without having a checking account so go apply in branch.” Well, obviously I can because I did. I said screw it and applied for a checking account. Immediately called in to check application status on my credit card and they asked me security questions... questions so off the wall I don’t see how anyone would pass. I had given up, but randomly received the card this evening roughly 5 days after applying. No notification. 684 on TU, they pulled TU FICO 8. 79 inquiries, 6 new credit card accounts in 24 months. They couldn’t care less about your inquiries or how many new accounts you have. Approved for 4K, didn’t call in for recon, but I might in branch when I go present two forms of ID to activate this thing. Also 22% UTI on one card, the rest are $0 balances.

Congrats on your approval!
I always get excited when I see someone with over 20 inquiries get an approval!! --- And I have also wanted to always ask someone how they have acquired so many!!! So here goes - (no judgement here either) ----How does one amass 79 inquiries in 2 years!!!----

That's a 12 month mark for me

Re: BMO Harris Cash Back MasterCard Approval!

snickerpedia — Thu, 05 Dec 2019 04:40:14 GMT

@woodyman100 wrote:
@snickerpedia wrote:
@Anonymous wrote:
Went through a lot of headaches with the actual application process, but received the card in the mail randomly this evening.

BMO Harris is a regional bank where you need to some sort of checking, savings, money market account, etc. to hold a credit card with them... didn’t know that at the time of the application. I received a preselected mailer although I had no account with them to apply for their cash back card. $200 sign on bonus, no annual fee, 2% back on gas and groceries and 1% back on everything else. Applied for the credit card online and was told it couldn’t be finalized, but was told to call their 1-800 number. Well, customer service is completely clueless apparently. “You can’t apply without having a checking account so go apply in branch.” Well, obviously I can because I did. I said screw it and applied for a checking account. Immediately called in to check application status on my credit card and they asked me security questions... questions so off the wall I don’t see how anyone would pass. I had given up, but randomly received the card this evening roughly 5 days after applying. No notification. 684 on TU, they pulled TU FICO 8. 79 inquiries, 6 new credit card accounts in 24 months. They couldn’t care less about your inquiries or how many new accounts you have. Approved for 4K, didn’t call in for recon, but I might in branch when I go present two forms of ID to activate this thing. Also 22% UTI on one card, the rest are $0 balances.

Congrats on your approval!
I always get excited when I see someone with over 20 inquiries get an approval!! --- And I have also wanted to always ask someone how they have acquired so many!!! So here goes - (no judgement here either) ----How does one amass 79 inquiries in 2 years!!!----

That's a 12 month mark for me

Wow - 79 in 12 months, you might be my hero.....

I am curious - how many approvals do you get? From your signature you obviously have an amazing profile (probably nice long and thick, full of cards with high limits). Once you reach a status such as yourself do you believe that to most lenders the inquiries don't matter at all? Just want to get a pro's take on this - someone who is actually living it.

Re: BMO Harris Cash Back MasterCard Approval!

Anonymous — Thu, 05 Dec 2019 16:18:25 GMT

Thanks for the input, FinStar. I read up on CLIs and SLs for this card/bank on this forum (and there isn't much...) and I came to that conclusion as well so I didn't even bother asking for it, hahah.

Re: BMO Harris Cash Back MasterCard Approval!

woodyman100 — Fri, 06 Dec 2019 03:31:50 GMT

@snickerpedia wrote:
@woodyman100 wrote:
@snickerpedia wrote:
@Anonymous wrote:
Went through a lot of headaches with the actual application process, but received the card in the mail randomly this evening.

BMO Harris is a regional bank where you need to some sort of checking, savings, money market account, etc. to hold a credit card with them... didn’t know that at the time of the application. I received a preselected mailer although I had no account with them to apply for their cash back card. $200 sign on bonus, no annual fee, 2% back on gas and groceries and 1% back on everything else. Applied for the credit card online and was told it couldn’t be finalized, but was told to call their 1-800 number. Well, customer service is completely clueless apparently. “You can’t apply without having a checking account so go apply in branch.” Well, obviously I can because I did. I said screw it and applied for a checking account. Immediately called in to check application status on my credit card and they asked me security questions... questions so off the wall I don’t see how anyone would pass. I had given up, but randomly received the card this evening roughly 5 days after applying. No notification. 684 on TU, they pulled TU FICO 8. 79 inquiries, 6 new credit card accounts in 24 months. They couldn’t care less about your inquiries or how many new accounts you have. Approved for 4K, didn’t call in for recon, but I might in branch when I go present two forms of ID to activate this thing. Also 22% UTI on one card, the rest are $0 balances.

Congrats on your approval!
I always get excited when I see someone with over 20 inquiries get an approval!! --- And I have also wanted to always ask someone how they have acquired so many!!! So here goes - (no judgement here either) ----How does one amass 79 inquiries in 2 years!!!----

That's a 12 month mark for me
Wow - 79 in 12 months, you might be my hero.....

I am curious - how many approvals do you get? From your signature you obviously have an amazing profile (probably nice long and thick, full of cards with high limits). Once you reach a status such as yourself do you believe that to most lenders the inquiries don't matter at all? Just want to get a pro's take on this - someone who is actually living it.

Inquiries do count against me with new lenders or banks.

A couple of financial institutions that I have real world relationships with don't care. My history and relationship overrule any issues.

While i do well, I'm not wealthy, but investments and numerous transactions help.

Money attracts.

Chase never showed me any preferential treatment. I deposited 100k at 4pm and I received 2 calls from my "personal banker" the next morning.
As Mahrja says, wealth opens doors