topic Re: US Bank Love Hate Relationship in Credit Card Approvals

US Bank Love Hate Relationship

MarkintheHV — Tue, 08 Feb 2022 18:53:55 GMT

Just managed to get a $4,000 CLI from them, which brings my REI Mastercard up to $22,000 (thats the love it part)

Now, for the hate it part.....Since I was injured a few years ago, and am no longer able to backpack, I really dont use REI rewards anymore. I called once (maybe should do it more) and asked for a product change to one of their regular cards, and was told that I cannot do product change, and I should close this card and apply for a new one. I really dont want to close this and lose the age and CL. Asking...has anyone ever gotten a product change from US Bank?

Thanks!

Re: US Bank Love Hate Relationship

Kforce — Tue, 08 Feb 2022 19:04:43 GMT

Many issuers will allow PC on main portfolio cards and at the same time not allow PC from outside contract cards. No real knowledge about US-Bank, however what you are stating in not out of the norm.

Re: US Bank Love Hate Relationship

CreditAggie — Tue, 08 Feb 2022 19:09:07 GMT

Congratulations on your US Bank CLI!

Re: US Bank Love Hate Relationship

Titans84 — Tue, 08 Feb 2022 19:13:27 GMT

Congrats on the CLI!

I've had multiple PCs with US Bank core cards. I do not think you can product change any of the co-branded cards.

Re: US Bank Love Hate Relationship

FinStar — Tue, 08 Feb 2022 20:34:34 GMT

@MarkintheHV, as mentioned upthread, the US Bank partner cards cannot be PC'd. Only their core cards (AltitudeGo, Cash+, Connect, etc.) have that option. REI doesn't, unfortunately.

Re: US Bank Love Hate Relationship

cashorcharge — Tue, 08 Feb 2022 21:05:04 GMT

That's terrific!! Congratulations on your REI CLI Approval!! 🎉🥂👏

Re: US Bank Love Hate Relationship

CreditMagic7 — Tue, 08 Feb 2022 21:14:38 GMT

Congratulations on the awesome US Bank CLI!

Re: US Bank Love Hate Relationship

RSX — Tue, 08 Feb 2022 21:20:59 GMT

congrats!

and maybe just go there once every 6 months and buy a thermos or flashlight or pair of socks to keep it open

otherwise it doesnt seem much use to you anymore

that is only if you dont want them to close it down

Re: US Bank Love Hate Relationship

K-in-Boston — Tue, 08 Feb 2022 21:22:27 GMT

Congrats for the CLI. Others have already mentioned that their product change policy is the norm in the industry. Citi is the sole lender I can think of that allows product changes outside of cobranded families of cards (i.e. one airline card to another card co-branded with the same airline), although even there you will find limitations like Costco being a one-way street and this is not possible with retail cards under CBNA and DSNB umbrellas.

Re: US Bank Love Hate Relationship

Red1Blue — Tue, 08 Feb 2022 21:26:55 GMT

I don't think Banks allow PC for co-braded cards. I tried to PC my US Bank issued Harley Visa Card and they said no for PC. I doubt even Amex would allow PC for co-braded cards.If there is no AF then I would say keep the card and sock drawer with occassional use.

Re: US Bank Love Hate Relationship

gdale6 — Tue, 08 Feb 2022 22:00:47 GMT

Grats on your US Bank REI move on up

Re: US Bank Love Hate Relationship

madmann26 — Tue, 08 Feb 2022 22:09:22 GMT

Maybe close the REI card and app for a better use card?

Then depending on the approval/denial, call in and explain the situation and ask for a manual UW review and ask that you're new card have the same limit as the previous closed one.

Might even be worth to call and have someone ask an UW if that scenario would be ok before doing it.

Re: US Bank Love Hate Relationship

FalconSteve — Thu, 10 Feb 2022 05:10:46 GMT

Nice CLI! Congrats!