topic Re: Barclays Recon thoughts in Credit Card Applications

Barclays Recon thoughts

Hokies2379 — Tue, 05 Jan 2016 17:14:54 GMT

How many times would you suggest calling recon for one app with Barclays?

Reason for denial, too many new accounts.

Is that just going to be standard across the board? If so, I'll save my breath.

Re: Barclays Recon thoughts

TrialByFire — Tue, 05 Jan 2016 17:18:58 GMT

Depends on how the reps are. If they've extended the same courtesy to you as you have them, then maybe once or twice. If you've gotten one or more that's not so nice, 3 times.

That being said, they are well known to take issue with too many new accts in particular. How many are we talkin in your case?

Re: Barclays Recon thoughts

Hokies2379 — Tue, 05 Jan 2016 17:23:33 GMT

I was super nice to them, he was super nice to me (except the saying no part.)

5 new accounts since February was his wording.

Re: Barclays Recon thoughts

TrialByFire — Tue, 05 Jan 2016 17:32:20 GMT

Dang sorry to hear that. If you feel like it, one more crack at it won't hurt. I also think they keep a record of calls. Maybe try approaching them at a different angle "I was told I need X amount of accounts to build/rebuild credit" or "I'd really enjoy your product because of X" but I'll be honest the new accts can be difficult to get past with them.

If you take a shot at another recon and if it starts to go south, ask to reallocate limits if you have another Barclay card

Re: Barclays Recon thoughts

ddemari — Tue, 05 Jan 2016 17:33:42 GMT

5 new accounts since Feb. 2015 doesnt seem like anything outrageous. More importantly, what is your TU fico score, what card did you apply for, what is your utilization, do you have a relationship with Barclays?

Re: Barclays Recon thoughts

Hokies2379 — Tue, 05 Jan 2016 17:38:08 GMT

@ddemari wrote:
5 new accounts since Feb. 2015 doesnt seem like anything outrageous. I agree, he didn't. More importantly, what is your TU fico score, In the 650s what card did you apply for, Apple what is your utilization 14%, do you have a relationship with Barclays? No, but I wanted to.

My answers in red.

Re: Barclays Recon thoughts

Hokies2379 — Tue, 05 Jan 2016 17:41:37 GMT

@TrialByFire wrote:
Dang sorry to hear that. If you feel like it, one more crack at it won't hurt. I also think they keep a record of calls. Maybe try approaching them at a different angle "I was told I need X amount of accounts to build/rebuild credit" or "I'd really enjoy your product because of X" but I'll be honest the new accts can be difficult to get past with them.

If you take a shot at another recon and if it starts to go south, ask to reallocate limits if you have another Barclay card

This is the exact road I took with them. Used the recon denial conversation from 6 months ago and said "hey, I did what you told me."

I don't throw around the "G" word often, but with my defeats this week, I think that's the best route for me for now. Not getting this card was a complete and total shock. I saved it til the end because I just "knew" it was guaranteed.

Re: Barclays Recon thoughts

TrialByFire — Tue, 05 Jan 2016 18:01:10 GMT

The world of credit is definitely a strange animal. I agree that's really not all that many new accts in last 12mo. I don't blame ya for not wanting to call again, getting interrogated for 20min only to end in denial. But chin up there's no shame in regrouping and reevaluating in a couple months. Hell 2 months down the road you might even be thankful you didn't get it. Happened to me with Discover (not knocking them just didn't realize the extent of low acceptance in my area).

I'm inclined to poke you into trying one more time but completely understand if you wanna let it be

Re: Barclays Recon thoughts

Hokies2379 — Tue, 05 Jan 2016 18:08:03 GMT

I'm too stubborn not to try again.

I find it funny that Barclays mentions new accounts, but Chase who is super new acct sensitive, didn't.

Re: Barclays Recon thoughts

Hokies2379 — Tue, 05 Jan 2016 18:54:29 GMT

Not going to lie, this is hilarious.

I had a break in the action at work, so I decided to call again, why not, right? I know they monitor the calls and I know they knew I already called in, so what difference would it make if I called today, tomorrow etc, right?

Well, I called and I gave my information and then was told "sir, I already spoke with you earlier today, the decision isn't going to change."

Yep, I got the same rep.

You can't make this stuff up. Between living in Iowa (which limits the Barclays cards I can get significantly) and now this, I think I'll be staying away from Barclays, pretty sure it's not meant to be.

Re: Barclays Recon thoughts

Anonymous — Tue, 05 Jan 2016 19:00:22 GMT

@Hokies2379 wrote:
Not going to lie, this is hilarious.

I had a break in the action at work, so I decided to call again, why not, right? I know they monitor the calls and I know they knew I already called in, so what difference would it make if I called today, tomorrow etc, right?

Well, I called and I gave my information and then was told "sir, I already spoke with you earlier today, the decision isn't going to change."

Yep, I got the same rep.

You can't make this stuff up. Between living in Iowa (which limits the Barclays cards I can get significantly) and now this, I think I'll be staying away from Barclays, pretty sure it's not meant to be.

Yeah, Barclays really isn't worth it IMHO. I think it's fine to have one card with them for diversification, but I don't get the allure.

There are SO many better card issuers out there with better rewards and less stringent underwriting.

I suppose the only advantage is they pull TU, but if one is concerned with what CR is being pulled, it probably means they've been aggressively credit seeking (guilty, here) and they'll be denied anyway for too many new accounts.

If you REALLY want a card from Barclays, I would suggest no HP in the last 6 months on TU whatsoever and no more than 1-2 new credit accounts in the last year.

Re: Barclays Recon thoughts

TrialByFire — Tue, 05 Jan 2016 19:00:39 GMT

Well poo that is some luck right there kudos on having a good attitude about it tho

Re: Barclays Recon thoughts

Hokies2379 — Tue, 05 Jan 2016 19:03:20 GMT

@Anonymous wrote:
@Hokies2379 wrote:
Not going to lie, this is hilarious.

I had a break in the action at work, so I decided to call again, why not, right? I know they monitor the calls and I know they knew I already called in, so what difference would it make if I called today, tomorrow etc, right?

Well, I called and I gave my information and then was told "sir, I already spoke with you earlier today, the decision isn't going to change."

Yep, I got the same rep.

You can't make this stuff up. Between living in Iowa (which limits the Barclays cards I can get significantly) and now this, I think I'll be staying away from Barclays, pretty sure it's not meant to be.
Yeah, Barclays really isn't worth it IMHO. I think it's fine to have one card with them for diversification, but I don't get the allure.

There are SO many better card issuers out there with better rewards and less stringent underwriting.

I suppose the only advantage is they pull TU, but if one is concerned with what CR is being pulled, it probably means they've been aggressively credit seeking (guilty, here) and they'll be denied anyway for too many new accounts.

If you REALLY want a card from Barclays, I would suggest no HP in the last 6 months on TU whatsoever and no more than 1-2 new credit accounts in the last year.

yeah, considering I've seen so many sub 600 scores get the apple card and they've now denied me twice, I think it's just best Barclays and I don't do business (unless the offer the Ring in Iowa...that'd be different.)

Re: Barclays Recon thoughts

OmarGB9 — Tue, 05 Jan 2016 19:06:20 GMT

Haha aw man sucks you got the exact same rep.

Re: Barclays Recon thoughts

ddemari — Tue, 05 Jan 2016 21:02:33 GMT

I got apple back in 2013 with a 640 TU and 9 year old bankruptcy showing, but at the time I had low inquiries and very low utilization around 1-3%. I was only approved for 700 and reconed up to 2k.

I have also called barlcays before and receieved the rep lol. I just hung up and called back 4-6 hours later.

Because I have read a lot of stories about people contacting barlcays like 5 times to get the decesion over turned and some have yielded sucess, I say try it once more and see what happens. Just be very ready to anwser any questions that they may have and emphasis the value their banking relationship is going to me to you down the road.

Re: Barclays Recon thoughts

Anonymous — Tue, 05 Jan 2016 21:14:40 GMT

I got the Barclay cash forward about 6 weeks ago. I got it while my rebuilt started in March of 2015 m. Only have a secured card from capital one. Before the Barclay I got 2 more capital one one month before Barclay. Then I applied for chase freedom and Barclay right after. All this with a fico score between 570-590. Also have an auto loan and 3 store card within his time frame.

Re: Barclays Recon thoughts

Anonymous — Tue, 05 Jan 2016 21:23:29 GMT

Sorry this happened and I know it's frustrating. If you reapply in 6 months and nothing changes except upward FICO scores on your report and you maintain good utilization, I am sure they would approve at that time.

Re: Barclays Recon thoughts

TrialByFire — Tue, 05 Jan 2016 21:26:35 GMT

^^^what @ddemari said. Getting the same rep is like kissing your sister. Doesn't count.

If you still want it call in the late afternoon hours and from a different number #Barclaysstalkersunite

Re: Barclays Recon thoughts

Hokies2379 — Tue, 05 Jan 2016 21:31:44 GMT

@Anonymous wrote:
Sorry this happened and I know it's frustrating. If you reapply in 6 months and nothing changes except upward FICO scores on your report and you maintain good utilization, I am sure they would approve at that time.

That's what I thought 6 months ago, significant score increase since then, signifcant util decrease since then. Won't be applying again.

Re: Barclays Recon thoughts

Hokies2379 — Tue, 05 Jan 2016 21:32:55 GMT

@TrialByFire wrote:
@^^^what @ddemari said. Getting the same rep is like kissing your sister. Doesn't count.

If you still want it call in the late afternoon hours and from a different number #Barclaysstalkersunite

I didn't have any siblings. haha.

Yeah, I might give it one more try, but honestly, I'm over it.

If they don't want to give me a chance, someone else will. Plenty of others (according to them, too many) already have.