topic Re: Marcus GM Rewards MC ******Approval in Credit Card Approvals

Marcus GM Rewards MC ******Approval

M_Smart007 — Wed, 17 Aug 2022 22:38:17 GMT

Hopped out of the Garden for a Citizens $100K BLOC Approval ...

So decided to apply for The GM Rewards card ....(I own a Cadillac Escalade)

The rewards are decent + 0% APR for 12 months.

CL is a little on the low side, $7,000.00 ...I am sure it will grow with some use.

I believe the CLI's are "SP"? ..someone might clarify?

I am 99.999% sure this is a "SP" Approval ..as I have received NO HP.

DP's

14/24 new accounts

11/24 scoreable Inquiries (TU)

AZEO = 1 Citi DC card reporting 66% Utilization due to a Citi reporting error.

Thick aged profile with no derogs.

(Click image to enlarge)

Extra time to review ...was just a phone call to verify that I was the one who applied.(Click image to enlarge)

Re: Marcus GM Rewards MC ******Approval

Jnbmom — Wed, 17 Aug 2022 22:58:19 GMT

Congrats . I can't find the thread but it was stated that they are not giving CLIs on these accounts .

Re: Marcus GM Rewards MC ******Approval

SUPERSQUID — Wed, 17 Aug 2022 23:20:37 GMT

Re: Marcus GM Rewards MC ******Approval

CreditCuriosity — Thu, 18 Aug 2022 00:10:51 GMT

@Jnbmom wrote:
Congrats . I can't find the thread but it was stated that they are not giving CLIs on these accounts .

think you are correct. least at the moment i could of sworn I ready that as well.

Congrats on approval.

Re: Marcus GM Rewards MC ******Approval

cashorcharge — Wed, 17 Aug 2022 23:47:02 GMT

WooHoo!! Congratulations on your GM Approval!!👏🏼🍾🥂

And of course that lucious BLOC!

Re: Marcus GM Rewards MC ******Approval

Ramsport — Thu, 18 Aug 2022 00:35:31 GMT

Congrats!

I applied for the Apple card and they told me I had too many inquiries 4.

Re: Marcus GM Rewards MC ******Approval

M_Smart007 — Thu, 18 Aug 2022 00:41:35 GMT

@Jnbmom wrote:
Congrats . I can't find the thread but it was stated that they are not giving CLIs on these accounts .

@Jnbmom, Thanks for your reply. I found the "thread"

Re: Marcus GM Rewards MC ******Approval

CreditAggie — Thu, 18 Aug 2022 05:45:20 GMT

Congratulations on your GM Rewards approval!

Re: Marcus GM Rewards MC ******Approval

nytokyobred79 — Thu, 18 Aug 2022 06:48:27 GMT

@M_Smart007 Congrats on your approval.

Re: Marcus GM Rewards MC ******Approval

Binbinimiwi — Thu, 18 Aug 2022 07:48:15 GMT

Congratulations on your GM approval and that sweet BLOC!

Re: Marcus GM Rewards MC ******Approval

gingerflower — Thu, 18 Aug 2022 16:15:58 GMT

Congratulations on your Marcus GM RW Cc! 👍

Re: Marcus GM Rewards MC ******Approval

KingRue8500 — Thu, 18 Aug 2022 21:36:46 GMT

Congrats on your GM Rewards approval

Re: Marcus GM Rewards MC ******Approval

sugarcreek67 — Thu, 18 Aug 2022 23:59:01 GMT

Congrats on your GM approval

Re: Marcus GM Rewards MC ******Approval

Zoostation1 — Fri, 19 Aug 2022 05:15:47 GMT

I didn't accept when I did the soft pull approval and I'm glad I didn't. I don't have anything against GM but don't want to be tied to them with rewards and no CLI means no way for me. My limit would have been $2k and though I am rebuilding no option for a CLI is 100% a deal breaker on any card.

Re: Marcus GM Rewards MC ******Approval

M_Smart007 — Sat, 20 Aug 2022 13:53:10 GMT

@Zoostation1 wrote:
I didn't accept when I did the soft pull approval and I'm glad I didn't. I don't have anything against GM but don't want to be tied to them with rewards and no CLI means no way for me. My limit would have been $2k and though I am rebuilding no option for a CLI is 100% a deal breaker on any card.

@Zoostation1, I just got off the phone with a supervisor at Goldman Sachs.

He said at this time for the first 6 months they are not offering Increases, but said,

It will eventually work just like the Apple Card CLI's. "SP" ..

They have some things to work through in absorbing all the GM accounts from the former lender ..Capital One.

Also said that they are fairly new in offering credit cards.

Having said that ... 12 x $7000.00 = $84,000.00 .. I highly doubt I will spend that on the card,

unless I am making car payments on a $300K Cadillac.

I do have cards that I can utilize $35-$100K in some given months,

and I have cards with $25,000 limits that I put a $3.00 Amazon charge on every six months.

Certain cards may not work for one person, but they work fine for others.

Even if I only used it to purchase $1500 per year in fuel, to get a $100 statement credit ...I'd be good with that.

Edited to add for reference to phone call;

(Click image to enlarge)

Re: Marcus GM Rewards MC ******Approval

dacv01 — Fri, 19 Aug 2022 16:18:15 GMT

@M_Smart007 wrote:

Hopped out of the Garden for a Citizens $100K BLOC Approval ...

So decided to apply for The GM Rewards card ....(I own a Cadillac Escalade)
The rewards are decent + 0% APR for 12 months.

CL is a little on the low side, $7,000.00 ...I am sure it will grow with some use.
I believe the CLI's are "SP"?   ..someone might clarify?

I am 99.999% sure this is a "SP" Approval   ..as I have received NO HP.

DP's
14/24 new accounts
11/24 scoreable Inquiries (TU)
AZEO = 1 Citi DC card reporting 66% Utilization due to a Citi reporting error.
Thick aged profile with no derogs.

(Click image to enlarge)

(Click image to enlarge)

(Click image to enlarge)

                Extra time to review ...was just a phone call to verify that I was the one who applied.(Click image to enlarge)

Congrats on the approval! I was approved on the 10th and am happy. No movement on physical card yet, but added to Apple Pay and you have a virtual card in the app which is fine.

Re: Marcus GM Rewards MC ******Approval

M_Smart007 — Fri, 19 Aug 2022 18:01:49 GMT

@dacv01 wrote:
Congrats on the approval! I was approved on the 10th and am happy. No movement on physical card yet, but added to Apple Pay and you have a virtual card in the app which is fine.

@dacv01, Thank you!

I have a screen shot of the virtual card, guess I should have posted it in post #1

Seriously, I will try and add it to G-Pay now and give it a trial run. Thanks again ..

Re: Marcus GM Rewards MC ******Approval

M_Smart007 — Mon, 19 Sep 2022 00:25:07 GMT

Last Update:

"I am 99.999% sure this is a "SP" Approval ..as I have received NO HP."

And still NO "HP"

I received (2) Credit Cards, (2) different acct. #'s ..one by snail mail, and one by FedEx ..I only activated (1)

The acct, still has not showed up on any of my reports as of today. ...Typical for GS.

Re: Marcus GM Rewards MC ******Approval

Traveler101 — Mon, 19 Sep 2022 00:31:02 GMT

@M_Smart007 wrote:
Last Update:
"I am 99.999% sure this is a "SP" Approval ..as I have received NO HP."

And still NO "HP"

I received (2) Credit Cards, (2) different acct. #'s ..one by snail mail, and one by FedEx ..I only activated (1)
The acct, still has not showed up on any of my reports as of today. ...Typical for GS.

Hope it was the FedEx one. We try!

Re: Marcus GM Rewards MC ******Approval

M_Smart007 — Mon, 19 Sep 2022 00:35:49 GMT

@Traveler101 wrote:
@M_Smart007 wrote:
Last Update:
"I am 99.999% sure this is a "SP" Approval ..as I have received NO HP."

And still NO "HP"

I received (2) Credit Cards, (2) different acct. #'s ..one by snail mail, and one by FedEx ..I only activated (1)
The acct, still has not showed up on any of my reports as of today. ...Typical for GS.
Hope it was the FedEx one. We try!

Yes, it was the FedEx one.