topic Re: Highest limit Approval! UPGRADE Card! in Credit Card Approvals

Highest limit Approval! UPGRADE Card!

OniStringer — Fri, 18 Mar 2022 05:27:23 GMT

Currently in rebuild and decided to try my luck on an UPGRADE Card, read in some places you don't always get a hard pull and I don't see the hard pull but was approved for a 2k limit!

I have 4 cards in the 600-850 limit range

and 1 at $1k

So getting this is nice and for no annual fee, i probably wont use it too often if ever, maybe once a month for like my Spotify subscription to keep it rollin.

But nice addition in a rebuild in my own opinion.

Re: Highest limit Approval! UPGRADE Card!

805orbust — Fri, 18 Mar 2022 05:29:55 GMT

Congratulations on the move forward!!

Re: Highest limit Approval! UPGRADE Card!

CYBERSAM — Fri, 18 Mar 2022 06:02:31 GMT

Congrats on your approval! 👍

Re: Highest limit Approval! UPGRADE Card!

citymunky — Fri, 18 Mar 2022 11:28:35 GMT

I have a Upgrade card as well, but it doesn't not work or report to the CBA like a normal CC.

Your limit is just the max amount you can "drawn" from. Once you make a drawn, that would be turned in loan where monthly payments would be calculated.

They also began changing interest on purchase immediately. It's a weird hybrid between a CC and a loan. I have yet to use my card.

Re: Highest limit Approval! UPGRADE Card!

gdale6 — Fri, 18 Mar 2022 16:26:40 GMT

Grats on your Upgrade card approval!!

Re: Highest limit Approval! UPGRADE Card!

CreditAggie — Fri, 18 Mar 2022 16:36:55 GMT

Congratulations on your Upgrade approval!

Re: Highest limit Approval! UPGRADE Card!

M_Smart007 — Fri, 18 Mar 2022 16:52:49 GMT

Congrats on your Upgrade Approval

Re: Highest limit Approval! UPGRADE Card!

cashorcharge — Sat, 19 Mar 2022 17:10:59 GMT

WooHoo! Congratulations on your approval!! 🥂🎉🍾

Re: Highest limit Approval! UPGRADE Card!

Elpadrino1 — Sat, 19 Mar 2022 17:43:27 GMT

Congratulations on your approval!!

Re: Highest limit Approval! UPGRADE Card!

Avinion — Sun, 20 Mar 2022 03:26:27 GMT

Congratulations on your approval!

Upgrade was the first one to offer a comparatively higher limit for me as well! My Triple Cash Rewards will always hold a special place in my wallet because of that. It definitely opened up a lot of opportunities for more premium credit offerings.

As was said above, be careful with how it reports and generates interest. The interest charges start immediately, which is kind of a bummer. Great/unique card though. Congrats again!

Re: Highest limit Approval! UPGRADE Card!

CreditMagic7 — Sun, 20 Mar 2022 03:50:16 GMT

Congratulations on your new Upgrade approval!!

Re: Highest limit Approval! UPGRADE Card!

HeavyResist — Sun, 20 Mar 2022 05:08:01 GMT

Congrats you are winning on your rebuild @OniStringer

Re: Highest limit Approval! UPGRADE Card!

babygirl1256 — Sun, 20 Mar 2022 05:11:14 GMT

Congrats on your UPGRADE Card approval . . . keep rebuilding as I did it! Best wishes.

Re: Highest limit Approval! UPGRADE Card!

citymunky — Sun, 20 Mar 2022 19:18:10 GMT

@Avinion wrote:
Congratulations on your approval!

Upgrade was the first one to offer a comparatively higher limit for me as well! My Triple Cash Rewards will always hold a special place in my wallet because of that. It definitely opened up a lot of opportunities for more premium credit offerings.

As was said above, be careful with how it reports and generates interest. The interest charges start immediately, which is kind of a bummer. Great/unique card though. Congrats again!

I have the Triple Cash Rewards as well, but I haven't used it yet because how the interest is charged, but once you make a change how does it report?

Re: Highest limit Approval! UPGRADE Card!

Avinion — Mon, 21 Mar 2022 05:50:05 GMT

@citymunky wrote:
@Avinion wrote:
Congratulations on your approval!

Upgrade was the first one to offer a comparatively higher limit for me as well! My Triple Cash Rewards will always hold a special place in my wallet because of that. It definitely opened up a lot of opportunities for more premium credit offerings.

As was said above, be careful with how it reports and generates interest. The interest charges start immediately, which is kind of a bummer. Great/unique card though. Congrats again!
I have the Triple Cash Rewards as well, but I haven't used it yet because how the interest is charged, but once you make a change how does it report?

It's a weird one.

Credit Karma shows it reporting as an installment loan, but Experian has it showing as a credit card/line of credit for all three reports.

Re: Highest limit Approval! UPGRADE Card!

Who_wuda_thought — Mon, 21 Mar 2022 07:49:59 GMT

@Avinion wrote:
@citymunky wrote:
@Avinion wrote:
Congratulations on your approval!

Upgrade was the first one to offer a comparatively higher limit for me as well! My Triple Cash Rewards will always hold a special place in my wallet because of that. It definitely opened up a lot of opportunities for more premium credit offerings.

As was said above, be careful with how it reports and generates interest. The interest charges start immediately, which is kind of a bummer. Great/unique card though. Congrats again!
I have the Triple Cash Rewards as well, but I haven't used it yet because how the interest is charged, but once you make a change how does it report?
It's a weird one.

Credit Karma shows it reporting as an installment loan, but Experian has it showing as a credit card/line of credit for all three reports.

Would that perhaps indicate that it is reporting as an installment loan in Vantage scoring, but reporting as revolving credit in FICO scoring?

ETA -

What seems off on that scheme is that I was under the impression accounts were reported/entered to each of the bureaus one way only, at the start, by the credit issuer. Then the scoring is a separate thing. I wonder how the Triple Cash Rewards shows on the actual credit reports pulled from the 3 bureaus (from annualcreditreport dot com). ???

Re: Highest limit Approval! UPGRADE Card!

MartyWrite75 — Mon, 21 Mar 2022 12:35:01 GMT

Congratulations on your approval!

Re: Highest limit Approval! UPGRADE Card!

NotTellinYou — Wed, 06 Apr 2022 22:23:05 GMT

Congratulations. Just be aware they are terrible when it comes to applying payments to your account. As it's a sort of hybrid CC and Line of Credit, and their own dysfunction, it can take 7-10 days for a payment to be reflected so if you are the type to pay things off before the statement date, it can be a concern. They also start charging immediately unlike a normal CC. I'm not convinced it's a postive or negative influence but after my first and only interaction with them I don't think I'll use it again.

Re: Highest limit Approval! UPGRADE Card!

Anonymous — Wed, 06 Apr 2022 22:27:32 GMT

Congrats for your approval! Awesome to hear!

Re: Highest limit Approval! UPGRADE Card!

MCM1 — Sat, 09 Apr 2022 23:18:41 GMT

Did they ask for docs and POI?