topic Re: BCU Cash Rewards + PLOC in Credit Card Approvals

BCU Cash Rewards + PLOC

BigBS — Tue, 13 Jun 2023 21:13:53 GMT

Following a nudge from CardHunter, I took the plunge with BCU and applied for membership, a Rainy Day Savings and Regular Savings account, a Cash Rewards VISA card. All of which were approved with the Cash Rewards VS at $25k and 16.4% APR following the 0% for 12 mos (TU - 794, 8 INQs). Extremely easy approval process overall once I unlocked my TU. And for the record, the credit report is good for 30 days.

Re: BCU Cash Rewards

CardHunter — Tue, 13 Jun 2023 19:50:12 GMT

So awesome! CONGRATS!

Re: BCU Cash Rewards

BigBS — Tue, 13 Jun 2023 19:58:47 GMT

@CardHunter wrote:
So awesome! CONGRATS!

Sometimes it just takes a little push! Appreciate it.

Re: BCU Cash Rewards

CardHunter — Tue, 13 Jun 2023 20:05:55 GMT

@BigBS wrote:
@CardHunter wrote:
So awesome! CONGRATS!
Sometimes it just takes a little push! Appreciate it.

My pleasure. I think we will both be happy with the service and products BCU has to offer in the future. Congrats again on your approval.

Re: BCU Cash Rewards

CreditCuriosity — Tue, 13 Jun 2023 20:33:19 GMT

@BigBS is 25k what you asked for or ask for more and countered? Do over phone with your adviser or online? Thanks.. I thought of going for more off the bat possibly as account is opened now just deciding whether to do online or over phone when sounds like adviser will likely call tomorrow.. Best friend has several high end auto loans through them a Ferrari and a Lambo and I believe one CC around 100k with them need to check if it is one or two cards now with them.

Re: BCU Cash Rewards

BigBS — Tue, 13 Jun 2023 20:42:41 GMT

So, since the credit pull is good for 30 days decided to go for the PLOC. Upfront I must admit that I hate when CUs/Banks ask me how much I want because I never know what to say. Feels like a dicey question to me. During my conversation with the loan specialist, he told me that the underwriters want to know where to start and he has seen PLOCs approved for over $200k. They have 4 options at that point: 1) deny completely, 2) approve for a lesser amount, 3) approve for the requested amount, or 4) approve for a higher amount. Too much for me. Gave $30k as my requested amount and low and behold it came back approved. I have an appointment with my adviser tomorrow to go over the loan details. A truly great experience with BCU so far. Still have 29 days to go with that credit pull.

Re: BCU Cash Rewards

BigBS — Tue, 13 Jun 2023 20:39:44 GMT

@CreditCuriosity wrote:
@BigBS is 25k what you asked for or ask for more and countered? Do over phone with your adviser or online? Thanks.. I thought of going for more off the bat possibly as account is opened now just deciding whether to do online or over phone when sounds like adviser will likely call tomorrow.. Best friend has several high end auto loans through them a Ferrari and a Lambo and I believe one CC around 100k with them need to check if it is one or two cards now with them.

@CreditCuriosity, my app was over the phone with my adviser and $25k is what I asked for. I probably should have asked for more and since the credit pull is good for 30 days I may ask about their CLI process.

Re: BCU Cash Rewards

Rdbeetle — Tue, 13 Jun 2023 21:08:20 GMT

Congrats on your $25k BCU Visa approval!

Re: BCU Cash Rewards + PLOC

M_Smart007 — Tue, 13 Jun 2023 21:16:38 GMT

Congratulations on your Approval 🎉

Re: BCU Cash Rewards

BigBS — Tue, 13 Jun 2023 21:21:57 GMT

@Rdbeetle wrote:
Congrats on your $25k BCU Visa approval!

Thanks, @Rdbeetle.

Re: BCU Cash Rewards + PLOC

BigBS — Tue, 13 Jun 2023 21:23:54 GMT

@M_Smart007 wrote:
Congratulations on your Approval 🎉

Trying to figure out a way to stay up with you, @M_Smart007, and your TCL.

Re: BCU Cash Rewards + PLOC

GZG — Tue, 13 Jun 2023 22:33:52 GMT

very nice approvals, congrats!!

Re: BCU Cash Rewards + PLOC

BigBS — Tue, 13 Jun 2023 22:37:49 GMT

@GZG wrote:
very nice approvals, congrats!!

Thank you very much!

Re: BCU Cash Rewards + PLOC

alextercero — Wed, 14 Jun 2023 03:44:54 GMT

Congrats on the approval

Re: BCU Cash Rewards + PLOC

BigBS — Wed, 14 Jun 2023 03:51:49 GMT

@alextercero wrote:
Congrats on the approval

Thanks @alextercero.

Re: BCU Cash Rewards + PLOC

CreditMagic7 — Wed, 14 Jun 2023 05:23:21 GMT

Congratulations on BOTH your BCU Approvals!

Re: BCU Cash Rewards + PLOC

BigBS — Wed, 14 Jun 2023 05:29:40 GMT

@CreditMagic7 wrote:
Congratulations on BOTH your BCU Approvals!

Thanks.

Re: BCU Cash Rewards + PLOC

JoeRockhead — Wed, 14 Jun 2023 11:42:09 GMT

Very nice, conratulations on your BCU approval!

Re: BCU Cash Rewards + PLOC

BigBS — Wed, 14 Jun 2023 12:36:32 GMT

@JoeRockhead wrote:
Very nice, conratulations on your BCU approval!

Appreciate that, @JoeRockhead.

Re: BCU Cash Rewards + PLOC

UH_HUH — Wed, 14 Jun 2023 14:04:46 GMT

Awesome approval @BigBS

Have been with them for at least 5 years and have always had great service. Top. Notch approval

Congratultions on it!

cheers