topic Re: USB Altitude GO Approval 500 SL in Credit Card Approvals

USB Altitude GO Approval 500 SL

Beefy1212 — Sun, 16 Oct 2022 10:38:42 GMT

Was looking to get a dinning card and balked at citi CC wanting an IVERS request back in Aug.

So my PPMC Sub was done figured would give it a shot.

Called to ask about the 0-2/12 rule was told that is not a thing except on mortgages. I am 6/12 and went ahead and did the app was approved over the phone for 500 sl (almost said no) my last 3 cards were 8k, 13.6k, and 14k. I wanted the card for my fast food apps and when going out to eat so I didn’t need a huge limit, but 500 is just...lol. The CSR did say I could talk to the underwriters on Monday to see if they will manually review it, would like at least 5k but 500 will suit my needs.

Re: USB Altitude GO Approval 500 SL

PlaidRaptor — Sun, 16 Oct 2022 11:59:34 GMT

$500 is indeed a small limit, but even if they do not increase your limit upon reconsideration, you may get CLIs in the future. Do you have a pre-existing relationship with U.S. Bank?

Anyway, congrats on the approval in any case.

Re: USB Altitude GO Approval 500 SL

firefox100 — Sun, 16 Oct 2022 12:52:13 GMT

If you ask for underwriting to review your account for to increase your starting limit it will be another hard inquiry. The best thing to do with US bank is to say I would to speak to underwriting before you except account then it will be only one inquiry.

Re: USB Altitude GO Approval 500 SL

Beefy1212 — Sun, 16 Oct 2022 14:10:22 GMT

@PlaidRaptor I have a federal travel card through them, but it isn't in their normal database.

Re: USB Altitude GO Approval 500 SL

Beefy1212 — Sun, 16 Oct 2022 14:20:19 GMT

@firefox100 wrote:

If you ask for underwriting to review your account for to increase your starting limit it will be another hard inquiry. The best thing to do with US bank is to say I would to speak to underwriting before you except account then it will be only one inquiry.

I would have done that but I missed them by 30 minutes I was accepted at 3:30 pst and the underwriters go home at 5:00cst, I am hoping I can finagle them into using the existing hp from Friday afternoon and at most a SP. My options at that point were say no, or accept. Eitherway in order to get the card at a later date or a CLI now is 2 HP or maybe 1hp and a little luck or just use the card as is.

Worst case I just max the hell out of it for a few months and hope they give me an ACLI

Re: USB Altitude GO Approval 500 SL

FireMedic1 — Sun, 16 Oct 2022 14:18:27 GMT

Congrats! Least you got a foot in the door. Been there done that with few below. Disco started at $1200 5 yrs ago.

Re: USB Altitude GO Approval 500 SL

Beefy1212 — Sun, 16 Oct 2022 14:33:19 GMT

@FireMedic1 wrote:
Congrats! Least you got a foot in the door. Been there done that with few below. Disco started at $1200 5 yrs ago.

Yea, I have a baby disco as well started as a 500 secured Jan 21, my first card a story not uncommon. I upped it to 2,500, graduated to 2700 sitting at 3,700 after an acli in July. Went from no credit at all to scores in the high 7s to low 8s not sure which TU score they pulled but my tu f8 c/bc is 780/800 tu f9 c/bc 789/798 with 9 credit cards 3 loans TCL ~60k not bad for 20 months.

This is my lowest card even lower than my bucketed cap 1 QS but just means I need to build the relationship honestly from what everyone says about their 0-2/12 rule I am surprised I got the card at all.

Re: USB Altitude GO Approval 500 SL

M_Smart007 — Sun, 16 Oct 2022 17:43:32 GMT

@Beefy1212 wrote:
@firefox100 wrote:

If you ask for underwriting to review your account for to increase your starting limit it will be another hard inquiry. The best thing to do with US bank is to say I would to speak to underwriting before you except account then it will be only one inquiry.
I would have done that but I missed them by 30 minutes I was accepted at 3:30 pst and the underwriters go home at 5:00cst, I am hoping I can finagle them into using the existing hp from Friday afternoon and at most a SP. My options at that point were say no, or accept. Eitherway in order to get the card at a later date or a CLI now is 2 HP or maybe 1hp and a little luck or just use the card as is.

Worst case I just max the hell out of it for a few months and hope they give me an ACLI

@Beefy1212, Congrats on your Approval.

Good luck trying to get US Bank to re-use a HP.

If by chance they do give you a re-use of a HP, go straight to the local store and buy a Lottery Ticket.

Re: USB Altitude GO Approval 500 SL

ChrisWasHere — Sun, 16 Oct 2022 19:15:43 GMT

Ouch!

Re: USB Altitude GO Approval 500 SL

KingRue8500 — Sun, 16 Oct 2022 22:27:22 GMT

Congrats on your U.S. Bank Altitude Go approval

Re: USB Altitude GO Approval 500 SL

WasteMgmt — Sun, 16 Oct 2022 22:56:30 GMT

Weird low starting limit. But hopefully with use it will get auto-CLI.

Re: USB Altitude GO Approval 500 SL

cashorcharge — Sun, 16 Oct 2022 23:50:50 GMT

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

Re: USB Altitude GO Approval 500 SL

Beefy1212 — Mon, 17 Oct 2022 02:55:23 GMT

@M_Smart007 wrote:
@Beefy1212, Congrats on your Approval.
Good luck trying to get US Bank to re-use a HP.
If by chance they do give you a re-use of a HP, go straight to the local store and buy a Lottery Ticket.

I don't need luck! I have blind faith in the outcome I desire. Sides if luck was a thing I am pretty sure the acceptance at 6/12 was it.

Re: USB Altitude GO Approval 500 SL

Beefy1212 — Mon, 17 Oct 2022 02:59:16 GMT

@WasteMgmt wrote:
Weird low starting limit. But hopefully with use it will get auto-CLI.

It seemed weird to me as well, but if being honest is enough for what I wanted to use it for getting fast food 1 maybe 2 times a week, and dinning out a handful of times a month. I have nothing coming up on credit, if I have to put 500/500 on it for a few months so be it.

Re: USB Altitude GO Approval 500 SL

Stealth-1 — Wed, 19 Oct 2022 00:40:47 GMT

Congrats. An approval is still good, big or small.

Re: USB Altitude GO Approval 500 SL

Janneman — Mon, 17 Oct 2022 07:45:36 GMT

@firefox100 wrote:

If you ask for underwriting to review your account for to increase your starting limit it will be another hard inquiry. The best thing to do with US bank is to say I would to speak to underwriting before you except account then it will be only one inquiry.

I don't think US bank is like Apple Card or some other cards wherein you would have an option to see in advance as to how much your SL and APR in order to accept or deny the offe, rather SL and APR with US bank are known once application has already been processed, approved and HP already occurred. There is no way to avoid another HP with US bank if one would like the involvement of underwriting dept or CLI when account is opened. There must be another HP, probably from another CB than what they initially pulled from. However, if one doesnt want to waste/afford another HP then the best strategy is- wait at least 7 months to ask for CLI as at that time in most time it would be a soft pull, not guarantee a soft pull but most likely it will be though...Can try for CLI at that time after locking all CBs...But I must say that SL of $500 is really very low by US bank to the OP...

Re: USB Altitude GO Approval 500 SL

babygirl1256 — Mon, 17 Oct 2022 09:17:34 GMT

Congrats on your USB Altitude GO approval.

Re: USB Altitude GO Approval 500 SL

Beefy1212 — Mon, 17 Oct 2022 15:36:42 GMT

@Janneman wrote:
@firefox100 wrote:

If you ask for underwriting to review your account for to increase your starting limit it will be another hard inquiry. The best thing to do with US bank is to say I would to speak to underwriting before you except account then it will be only one inquiry.
I don't think US bank is like Apple Card or some other cards wherein you would have an option to see in advance as to how much your SL and APR in order to accept or deny the offe, rather SL and APR with US bank are known once application has already been processed, approved and HP already occurred. There is no way to avoid another HP with US bank if one would like the involvement of underwriting dept or CLI when account is opened. There must be another HP, probably from another CB than what they initially pulled from. However, if one doesnt want to waste/afford another HP then the best strategy is- wait at least 7 months to ask for CLI as at that time in most time it would be a soft pull, not guarantee a soft pull but most likely it will be though...Can try for CLI at that time after locking all CBs...But I must say that SL of $500 is really very low by US bank to the OP...

So if you apply over the phone, as I did because I was fishing for a pre-approval link and or information on if I should apply at all, you do have the option to speak with the underwriters before you accept in my case not knowing that was an option or the underwriters hours I applied too late. I am about to call them now... will update with what they say.

edit: called got through instantly, the CSR was a very nice lady confirmed everything was correct on the card app, and then told me that basically the original CSR was incorrect once you accept it is a done deal for 6 months.

Re: USB Altitude GO Approval 500 SL

firefox100 — Mon, 17 Oct 2022 16:17:24 GMT

If you do the application with US bank they will tell you what your credit limit that you are approve for then ask do you except , eather way ther is hard pull before they tell you your credit limit. By not excepting and asking to speak to underwriting is that you will not get another hard pull and you don't needdo not need wate 6 months to request credit increase I have 2 accounts with US bank for total 50K in limits.

Re: USB Altitude GO Approval 500 SL

blossom_rebuilding — Mon, 17 Oct 2022 16:31:53 GMT

Congrats on the approval. My Altitude GO started out at $1000 and was my lowest approval for a long time. Asking for manual review did no good for me, but maybe you'll have better luck. Regardless, regular usage and requesting CLIs every 7th statement has yielded growth with soft pulls, so playing the long game also works.