topic Re: Soft Pull Pre-Approved - Rewards Credit Card in Credit Card Approvals

Soft Pull Pre-Approved - Rewards Credit Card

DLH73 — Tue, 15 Dec 2020 21:48:33 GMT

I received a pre-approval offer in the mail for a rewards credit card with my credit union. I didn't pay it any mind and just shredding it like the others. Fast forward, last week the credit union called me to make the same offer, I was skeptical but I listened anyway. She said, you have been approved for 3 of credit cards, explained the benefits of each and asked which one I would be interested in. I told her the Rewards Credit but if they were going to do a hard inquiry then I am not interested. She responded, we have already reviewed your credit file via soft inquiry and you meet the qualifications, no hard pull will be done unless you want a higher CL. The CL of $10k was offered which is the highest CL I would have at this point. I couldn't believe it, 1.99% APR for first 12 months and then 12.99% after that and no HARD PULL whatesoever! Of course I accepted it. Win-win!

-No annual fee
-No cash advance fee
-No balance transfer fees
-No foreign transaction fees

PLUS:

Earn cash back on every purchase: 3% on gas,

2% on groceries and restaurant purchases,

and 1% on everything else

Seriously I couldn't believe it because just 3 years ago I was denied a auto loan with the very same credit union but I kept working on my credit. I paid off a $1,500 personal loan with the credit union a year later. Before I hung up the phone she said, "Also, you have been pre-approved for a new auto loan up to $40k @ 2.59%. I was SHOCKED! It goes to show you that hard work pays off. 3 years ago my FICO scores were in the mid 500s and today they are in 700s. I am hoping to purchase my first home in 12-15 months. I was advised to wait until the sellers market abates, hopefully I will only have to renew my lease just this one more time. I will keep you posted!

Re: Soft Pull Pre-Approved - Rewards Credit Card

GApeachy — Mon, 14 Dec 2020 22:16:39 GMT

That no cash advance fee is amazing...heck yeah, win win! Congrats!

Re: Soft Pull Pre-Approved - Rewards Credit Card

Gatortrout — Mon, 14 Dec 2020 22:25:36 GMT

That sounds like a pretty awesome card really. Congrats!

Re: Soft Pull Pre-Approved - Rewards Credit Card

1GaDawg85 — Mon, 14 Dec 2020 22:35:30 GMT

@DLH73 wrote:
I received a pre-approval offer in the mail for a rewards credit card with my credit union. I didn't pay it any mind and just shredding it like the others. Fast forward, last week the credit union called me to make the same offer, I was skeptical but I listened anyway. She said, you have been approved for 3 of credit cards, explained the benefits of each and asked which one I would be interested in. I told her the Rewards Credit but if they were going to do a hard inquiry then I am not interested. She responded, we have already reviewed your credit file via soft inquiry and you meet the qualifications, no hard pull will be done unless you want a higher CL. The CL of $10k was offered which is the highest CL I would have at this point. I couldn't believe it, 1.99% APR for first 12 months and then 12.99% after that and no HARD PULL whatesoever! Of course I accepted it. Win-win!
-No annual fee
-No cash advance fee
-No balance transfer fees
-No foreign transaction fees
PLUS:
Earn cash back on every purchase: 3% on gas,
2% on groceries and restaurant purchases,
and 1% on everything else

Seriously I couldn't believe it because just 3 years ago I was denied a auto loan with the very same credit union but I kept working on my credit. I paid off a $1,500 personal loan with the credit union a year later. Before I hung up the phone she said, "Also, you have been pre-approved for a new auto loan up to $40k @ 2.59%. I was SHOCKED! It goes to show you that hard work pays off. 3 years ago my FICO scores were in the mid 500s and today they are in 700s. I am hoping to purchase my first home in 12-15 months. I was advised to wait until the buyers market abates, hopefully I will only have to renew my lease just this one more time. I will keep you posted!

That's a WIN-WIN.

Which credit union are you a member of?

Re: Soft Pull Pre-Approved - Rewards Credit Card

Mr_Mojo_Risin — Mon, 14 Dec 2020 22:37:03 GMT

You got a pretty smooth deal there.

10K CL and a SP, you got it made! Lol

Hard work sure is paying off!!

Re: Soft Pull Pre-Approved - Rewards Credit Card

Mr_Mojo_Risin — Mon, 14 Dec 2020 22:38:55 GMT

@1GaDawg85 wrote:
@DLH73 wrote:
I received a pre-approval offer in the mail for a rewards credit card with my credit union. I didn't pay it any mind and just shredding it like the others. Fast forward, last week the credit union called me to make the same offer, I was skeptical but I listened anyway. She said, you have been approved for 3 of credit cards, explained the benefits of each and asked which one I would be interested in. I told her the Rewards Credit but if they were going to do a hard inquiry then I am not interested. She responded, we have already reviewed your credit file via soft inquiry and you meet the qualifications, no hard pull will be done unless you want a higher CL. The CL of $10k was offered which is the highest CL I would have at this point. I couldn't believe it, 1.99% APR for first 12 months and then 12.99% after that and no HARD PULL whatesoever! Of course I accepted it. Win-win!
-No annual fee
-No cash advance fee
-No balance transfer fees
-No foreign transaction fees
PLUS:
Earn cash back on every purchase: 3% on gas,
2% on groceries and restaurant purchases,
and 1% on everything else

Seriously I couldn't believe it because just 3 years ago I was denied a auto loan with the very same credit union but I kept working on my credit. I paid off a $1,500 personal loan with the credit union a year later. Before I hung up the phone she said, "Also, you have been pre-approved for a new auto loan up to $40k @ 2.59%. I was SHOCKED! It goes to show you that hard work pays off. 3 years ago my FICO scores were in the mid 500s and today they are in 700s. I am hoping to purchase my first home in 12-15 months. I was advised to wait until the buyers market abates, hopefully I will only have to renew my lease just this one more time. I will keep you posted!
That's a WIN-WIN.

Which credit union are you a member of?

Yeah I'm wondering which CU also!

I'd like to do business with them! Lol

Re: Soft Pull Pre-Approved - Rewards Credit Card

blindambition — Mon, 14 Dec 2020 22:52:32 GMT

Gotta ❤️ those CUs!!! Congrats on approval!!! Also on achieving first $10k card!!

Re: Soft Pull Pre-Approved - Rewards Credit Card

JNA1 — Mon, 14 Dec 2020 23:47:13 GMT

@DLH73 wrote:
I received a pre-approval offer in the mail for a rewards credit card with my credit union. I didn't pay it any mind and just shredding it like the others. Fast forward, last week the credit union called me to make the same offer, I was skeptical but I listened anyway. She said, you have been approved for 3 of credit cards, explained the benefits of each and asked which one I would be interested in. I told her the Rewards Credit but if they were going to do a hard inquiry then I am not interested. She responded, we have already reviewed your credit file via soft inquiry and you meet the qualifications, no hard pull will be done unless you want a higher CL. The CL of $10k was offered which is the highest CL I would have at this point. I couldn't believe it, 1.99% APR for first 12 months and then 12.99% after that and no HARD PULL whatesoever! Of course I accepted it. Win-win!
-No annual fee
-No cash advance fee
-No balance transfer fees
-No foreign transaction fees
PLUS:
Earn cash back on every purchase: 3% on gas,
2% on groceries and restaurant purchases,
and 1% on everything else

Seriously I couldn't believe it because just 3 years ago I was denied a auto loan with the very same credit union but I kept working on my credit. I paid off a $1,500 personal loan with the credit union a year later. Before I hung up the phone she said, "Also, you have been pre-approved for a new auto loan up to $40k @ 2.59%. I was SHOCKED! It goes to show you that hard work pays off. 3 years ago my FICO scores were in the mid 500s and today they are in 700s. I am hoping to purchase my first home in 12-15 months. I was advised to wait until the buyers market abates, hopefully I will only have to renew my lease just this one more time. I will keep you posted!

Congrats!

Re: Soft Pull Pre-Approved - Rewards Credit Card

M_Smart007 — Tue, 15 Dec 2020 01:23:21 GMT

Congratulations!

Re: Soft Pull Pre-Approved - Rewards Credit Card

AllZero — Tue, 15 Dec 2020 02:11:28 GMT

Congratulations on your approval!

Re: Soft Pull Pre-Approved - Rewards Credit Card

gdale6 — Tue, 15 Dec 2020 03:03:47 GMT

Well done, grats on your card

Re: Soft Pull Pre-Approved - Rewards Credit Card

CreditAggie — Tue, 15 Dec 2020 05:10:17 GMT

Congratulations on your CU approval!

Re: Soft Pull Pre-Approved - Rewards Credit Card

fatcomic — Tue, 15 Dec 2020 15:27:29 GMT

Congrats on the SP approval!! Credit unions rock!

Re: Soft Pull Pre-Approved - Rewards Credit Card

DLH73 — Tue, 15 Dec 2020 18:51:52 GMT

VACU - Virginia Credit Union, Member since May

@1GaDawg85 wrote:
@DLH73 wrote:
I received a pre-approval offer in the mail for a rewards credit card with my credit union. I didn't pay it any mind and just shredding it like the others. Fast forward, last week the credit union called me to make the same offer, I was skeptical but I listened anyway. She said, you have been approved for 3 of credit cards, explained the benefits of each and asked which one I would be interested in. I told her the Rewards Credit but if they were going to do a hard inquiry then I am not interested. She responded, we have already reviewed your credit file via soft inquiry and you meet the qualifications, no hard pull will be done unless you want a higher CL. The CL of $10k was offered which is the highest CL I would have at this point. I couldn't believe it, 1.99% APR for first 12 months and then 12.99% after that and no HARD PULL whatesoever! Of course I accepted it. Win-win!
-No annual fee
-No cash advance fee
-No balance transfer fees
-No foreign transaction fees
PLUS:
Earn cash back on every purchase: 3% on gas,
2% on groceries and restaurant purchases,
and 1% on everything else

Seriously I couldn't believe it because just 3 years ago I was denied a auto loan with the very same credit union but I kept working on my credit. I paid off a $1,500 personal loan with the credit union a year later. Before I hung up the phone she said, "Also, you have been pre-approved for a new auto loan up to $40k @ 2.59%. I was SHOCKED! It goes to show you that hard work pays off. 3 years ago my FICO scores were in the mid 500s and today they are in 700s. I am hoping to purchase my first home in 12-15 months. I was advised to wait until the buyers market abates, hopefully I will only have to renew my lease just this one more time. I will keep you posted!
That's a WIN-WIN.

Which credit union are you a member of?

2017

Re: Soft Pull Pre-Approved - Rewards Credit Card

DLH73 — Tue, 15 Dec 2020 18:53:15 GMT

@Mr_Mojo_Risin wrote:
You got a pretty smooth deal there.
10K CL and a SP, you got it made! Lol
Hard work sure is paying off!!

I concur; I'm elated. :-))

Re: Soft Pull Pre-Approved - Rewards Credit Card

DLH73 — Tue, 15 Dec 2020 18:53:55 GMT

@Mr_Mojo_Risin wrote:
@1GaDawg85 wrote:
@DLH73 wrote:
I received a pre-approval offer in the mail for a rewards credit card with my credit union. I didn't pay it any mind and just shredding it like the others. Fast forward, last week the credit union called me to make the same offer, I was skeptical but I listened anyway. She said, you have been approved for 3 of credit cards, explained the benefits of each and asked which one I would be interested in. I told her the Rewards Credit but if they were going to do a hard inquiry then I am not interested. She responded, we have already reviewed your credit file via soft inquiry and you meet the qualifications, no hard pull will be done unless you want a higher CL. The CL of $10k was offered which is the highest CL I would have at this point. I couldn't believe it, 1.99% APR for first 12 months and then 12.99% after that and no HARD PULL whatesoever! Of course I accepted it. Win-win!
-No annual fee
-No cash advance fee
-No balance transfer fees
-No foreign transaction fees
PLUS:
Earn cash back on every purchase: 3% on gas,
2% on groceries and restaurant purchases,
and 1% on everything else

Seriously I couldn't believe it because just 3 years ago I was denied a auto loan with the very same credit union but I kept working on my credit. I paid off a $1,500 personal loan with the credit union a year later. Before I hung up the phone she said, "Also, you have been pre-approved for a new auto loan up to $40k @ 2.59%. I was SHOCKED! It goes to show you that hard work pays off. 3 years ago my FICO scores were in the mid 500s and today they are in 700s. I am hoping to purchase my first home in 12-15 months. I was advised to wait until the buyers market abates, hopefully I will only have to renew my lease just this one more time. I will keep you posted!
That's a WIN-WIN.

Which credit union are you a member of?
Yeah I'm wondering which CU also!
I'd like to do business with them! Lol

Virginia Credit Union (VACU)

Re: Soft Pull Pre-Approved - Rewards Credit Card

DLH73 — Tue, 15 Dec 2020 18:56:34 GMT

@fatcomic wrote:
Congrats on the SP approval!! Credit unions rock!

Yes they do! OMG!!!
Thank you!

Re: Soft Pull Pre-Approved - Rewards Credit Card

DLH73 — Tue, 15 Dec 2020 18:57:00 GMT

@gdale6 wrote:
Well done, grats on your card

THANK YOU! 😃

Re: Soft Pull Pre-Approved - Rewards Credit Card

DLH73 — Tue, 15 Dec 2020 18:57:40 GMT

@GApeachy wrote:
That no cash advance fee is amazing...heck yeah, win win! Congrats!

Indeed... Thank you!!!

Re: Soft Pull Pre-Approved - Rewards Credit Card

CreditMagic7 — Tue, 15 Dec 2020 18:58:45 GMT

Congratulations! Its always a nice bonus to receive a SP Approval with an equally nice SL.