topic Re: My Best Buy Store Card 👉🏽 $2K Approved! in Credit Card Approvals

My Best Buy Store Card 👉🏽 $2K Approved!

dre90 — Sun, 18 Oct 2020 14:30:17 GMT

Alright so it's a closed-loop and my third-smallest limit credit card out of my portfolio, but I'm particularly pleased with this approval because it's an indication that I might be back in Citi's good graces. I've burned Citi back in 2017 - 2018 and burned two of their flagship Simplicity and Hilton Honors cards each at about ~$5000 & ~$6000 plus burned another ~$5000 My Best Buy card. This was a bad burn because all cards were maxed but eventually, I settled and paid the agreed amount. For a while, I was not getting approved for any of their cards until recently where I got a Home Depot card for $500 which is the smallest limit card I have now. I've had this card for about 2 - 3 months now and decided to just last night try another closed loop card and got in with my Best Buy card and got approved for $2,000 (25.24%) - not much and not much to be excited about but the fact is it appears I'm no longer in Citi's rearview. I'm just now out of a 2-month garden and now heading back in until further notice since I no longer need any more credit. In fact, I'm closing a lot of my unused accounts to further clean up my profile.

Some data points to consider: EXP Fico 675 TU Fico 715 EQ 694. 26 inq (about 10 will be removed next month and December). 19% total util. No past due baddies or payment mishaps since my last CO in 2018. All accounts are paid as agreed with Penfed PC VS as my main driver with about $8K balance. No loans of any sort except deferred Fedloan student for $9500.

Re: My Best Buy Store Card 👉🏽 $2K Approved!

Anonymous — Sun, 18 Oct 2020 09:30:40 GMT

Congratulations on your Best Buy card approval!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

M_Smart007 — Sun, 18 Oct 2020 10:26:51 GMT

Congratulations on your Approval..

Re: My Best Buy Store Card 👉🏽 $2K Approved!

gdale6 — Sun, 18 Oct 2020 13:18:29 GMT

Grats on your BB store card approval

Re: My Best Buy Store Card 👉🏽 $2K Approved!

Anonymous — Sun, 18 Oct 2020 14:20:46 GMT

Congrats

Re: My Best Buy Store Card 👉🏽 $2K Approved!

JoeLuvsHisCredit — Sun, 18 Oct 2020 14:56:21 GMT

Congratulations

CRe: My Best Buy Store Card 👉🏽 $2K Approved!

FlaDude — Sun, 18 Oct 2020 15:04:35 GMT

Congrats on the new card!!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

CreditAggie — Sun, 18 Oct 2020 15:25:53 GMT

Congratulations on your Best Buy Store Card approval!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

AllZero — Sun, 18 Oct 2020 15:50:31 GMT

Congratulations on your approval!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

MartyWrite75 — Mon, 19 Oct 2020 14:21:35 GMT

Congratulations on your approval!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

cashorcharge — Mon, 19 Oct 2020 17:24:43 GMT

Congratulations on your Best Buy Approval!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

Jordan23ww — Tue, 20 Oct 2020 14:15:36 GMT

Congratulations on your approval and the progress you're making!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

coreyb80 — Tue, 20 Oct 2020 15:22:09 GMT

Congrats on the approval!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

Vector3D — Tue, 20 Oct 2020 17:49:03 GMT

Congrats on getting back in with Citi!

26 inquiries is quite a lot, how did you rack up that many? It's pretty awesome that Citi still approved with that many inquiries, they seem hot and cold when it comes to credit-seeking behavior from what I've read but maybe they liked your scores and history enough to let it slide.

Re: My Best Buy Store Card 👉🏽 $2K Approved!

dre90 — Tue, 20 Oct 2020 23:20:17 GMT

@Vector3D wrote:
Congrats on getting back in with Citi!

26 inquiries is quite a lot, how did you rack up that many? It's pretty awesome that Citi still approved with that many inquiries, they seem hot and cold when it comes to credit-seeking behavior from what I've read but maybe they liked your scores and history enough to let it slide.

It is quite a lot of inquiries but the majority of those inquiries are from last year. I've stopped applying a while ago, only recently I applied and got their Home Depot card and would charge a small purchase here and there. Then curiously I applied to see if I would at least get their Best Buy branded card and got it. Mind you I CO three of their cards just over 2 years ago including another Best Buy card and ended up settling all of them. Paid those settlement off but for a while I was getting no love so I guess this means I'm at least back in with them.

I really have no need for the card but at least I know now I'm in. Eventually once we are able to travel and back to normal from all this nonsense I may end up grabbing one of their airline or rewards card maybe in a year or two. Until then, my Penfed PC Visa siggy's got my back. Also I closed a ton of cards recently and paid down and off most of them except the Penfed card. I only hold a small balance on my Penfed card and that's it. Nothing exciting in the credit card world right now....but I do like that X1 card. We'll see! 😉

Re: My Best Buy Store Card 👉🏽 $2K Approved!

TSlop — Wed, 21 Oct 2020 15:49:23 GMT

Congrats on your approval!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

blindambition — Wed, 21 Oct 2020 16:01:47 GMT

Congrats on your BB store card. I'd say Citi is warming to you!! 👍🏻

Just received my BB Visa yesterday an setup online access. Probably the same UI you remember. Talk about basic and antiquated. City doesn't change!!

Re: My Best Buy Store Card 👉🏽 $2K Approved!

Jordan23ww — Thu, 22 Oct 2020 11:39:50 GMT

@dre90 wrote:
@Vector3D wrote:
Congrats on getting back in with Citi!

26 inquiries is quite a lot, how did you rack up that many? It's pretty awesome that Citi still approved with that many inquiries, they seem hot and cold when it comes to credit-seeking behavior from what I've read but maybe they liked your scores and history enough to let it slide.
It is quite a lot of inquiries but the majority of those inquiries are from last year. I've stopped applying a while ago, only recently I applied and got their Home Depot card and would charge a small purchase here and there.

Hey make sure you keep doing this with your Home Depot card. I had my card for 8 years and it got closed for inactivity. I used to only use it when I had a home project going on. Right as I was making preparations for a new project I got the letter stating my account was now closed for inactivity. Hindsight I wish I went in like you and made small purchases more often.