topic Re: The JetBlue Card in Credit Card Applications

The JetBlue Card

Anonymous — Wed, 11 May 2016 14:21:46 GMT

Hi Everyone!

I've been doing a lot of research recently on credit cards that I would like to app for and I think I have the two I want. The JetBlue Mastercard and Capital One Quicksilver (Not Quicksilver One). My question is, has anyone been approved for the JetBlue Mastercard or Quicksilver as a student?

Here are my stats: I am an 18 year old college student, therefore I can not get a prequal because of my age , I have had a Discover It Chrome student card for 8 months. I only have that one inqury on my file, with a TU Fico score of 750 no baddies, no late payments or anything of that sort. I would be reporting probably around $16,000 or so for income because I have a part time job. I got the Discover reporting $8k, I also have a lot saved up in a few savings accounts, if I report those it would be around $50,000ish. I have been gardening with responsible usage, my last utilization that reported was 5% and I always pay on time. I do, however, only have a $750 limit on my Discover and they say I need some more time before getting another CLI.

On the Barclay app it says, "Please include all of your sources of income, including income from assets, that you would like considered as a basis of repayment." Would I be able to include the savings accounts then? I was planning on apping for Barclay first since I've read they can be inq sensitive, then Capital One. I bank with Capital One so I could always use that if I would have to recon. I would like to have both of these cards as they would complement each other nicely and have no FTF or AF. I do not want to get rejected so what is my best course of action? Wait for the 1 year mark? App one now then wait for the other?

Thanks for all the help everyone!

Re: The JetBlue Card

Closingracer99 — Wed, 11 May 2016 14:24:58 GMT

@Anonymous wrote:
Hi Everyone!

I've been doing a lot of research recently on credit cards that I would like to app for and I think I have the two I want. The JetBlue Mastercard and Capital One Quicksilver (Not Quicksilver One). My question is, has anyone been approved for the JetBlue Mastercard or Quicksilver as a student?

Here are my stats: I am an 18 year old college student, therefore I can not get a prequal because of my age , I have had a Discover It Chrome student card for 8 months. I only have that one inqury on my file, with a TU Fico score of 750 no baddies, no late payments or anything of that sort. I would be reporting probably around $16,000 or so for income because I have a part time job. I got the Discover reporting $8k, I also have a lot saved up in a few savings accounts, if I report those it would be around $50,000ish. I have been gardening with responsible usage, my last utilization that reported was 5% and I always pay on time. I do, however, only have a $750 limit on my Discover and they say I need some more time before getting another CLI.

On the Barclay app it says, "Please include all of your sources of income, including income from assets, that you would like considered as a basis of repayment." Would I be able to include the savings accounts then? I was planning on apping for Barclay first since I've read they can be inq sensitive, then Capital One. I bank with Capital One so I could always use that if I would have to recon. I would like to have both of these cards as they would complement each other nicely and have no FTF or AF. I do not want to get rejected so what is my best course of action? Wait for the 1 year mark? App one now then wait for the other?

Thanks for all the help everyone!

If you're planning on using or willing to use your savings to pay your debt than sure you can add it though honestly I wouldn't and just not include it. With an income of $16,000 as a student along with a 750 TU you should be fine

Re: The JetBlue Card

Anonymous — Wed, 11 May 2016 14:34:38 GMT

@Closingracer99 wrote:
@Anonymous wrote:
Hi Everyone!

I've been doing a lot of research recently on credit cards that I would like to app for and I think I have the two I want. The JetBlue Mastercard and Capital One Quicksilver (Not Quicksilver One). My question is, has anyone been approved for the JetBlue Mastercard or Quicksilver as a student?

Here are my stats: I am an 18 year old college student, therefore I can not get a prequal because of my age , I have had a Discover It Chrome student card for 8 months. I only have that one inqury on my file, with a TU Fico score of 750 no baddies, no late payments or anything of that sort. I would be reporting probably around $16,000 or so for income because I have a part time job. I got the Discover reporting $8k, I also have a lot saved up in a few savings accounts, if I report those it would be around $50,000ish. I have been gardening with responsible usage, my last utilization that reported was 5% and I always pay on time. I do, however, only have a $750 limit on my Discover and they say I need some more time before getting another CLI.

On the Barclay app it says, "Please include all of your sources of income, including income from assets, that you would like considered as a basis of repayment." Would I be able to include the savings accounts then? I was planning on apping for Barclay first since I've read they can be inq sensitive, then Capital One. I bank with Capital One so I could always use that if I would have to recon. I would like to have both of these cards as they would complement each other nicely and have no FTF or AF. I do not want to get rejected so what is my best course of action? Wait for the 1 year mark? App one now then wait for the other?

Thanks for all the help everyone!
If you're planning on using or willing to use your savings to pay your debt than sure you can add it though honestly I wouldn't and just not include it. With an income of $16,000 as a student along with a 750 TU you should be fine

You can't include your total savings as income. 'Income from assets' refer to any interest that you receive from your savings and has to be reported as income.

Re: The JetBlue Card

Closingracer99 — Wed, 11 May 2016 14:42:16 GMT

@Anonymous wrote:
@Closingracer99 wrote:
@Anonymous wrote:
Hi Everyone!

I've been doing a lot of research recently on credit cards that I would like to app for and I think I have the two I want. The JetBlue Mastercard and Capital One Quicksilver (Not Quicksilver One). My question is, has anyone been approved for the JetBlue Mastercard or Quicksilver as a student?

Here are my stats: I am an 18 year old college student, therefore I can not get a prequal because of my age , I have had a Discover It Chrome student card for 8 months. I only have that one inqury on my file, with a TU Fico score of 750 no baddies, no late payments or anything of that sort. I would be reporting probably around $16,000 or so for income because I have a part time job. I got the Discover reporting $8k, I also have a lot saved up in a few savings accounts, if I report those it would be around $50,000ish. I have been gardening with responsible usage, my last utilization that reported was 5% and I always pay on time. I do, however, only have a $750 limit on my Discover and they say I need some more time before getting another CLI.

On the Barclay app it says, "Please include all of your sources of income, including income from assets, that you would like considered as a basis of repayment." Would I be able to include the savings accounts then? I was planning on apping for Barclay first since I've read they can be inq sensitive, then Capital One. I bank with Capital One so I could always use that if I would have to recon. I would like to have both of these cards as they would complement each other nicely and have no FTF or AF. I do not want to get rejected so what is my best course of action? Wait for the 1 year mark? App one now then wait for the other?

Thanks for all the help everyone!
If you're planning on using or willing to use your savings to pay your debt than sure you can add it though honestly I wouldn't and just not include it. With an income of $16,000 as a student along with a 750 TU you should be fine
You can't include your total savings as income. 'Income from assets' refer to any interest that you receive from your savings and has to be reported as income.

Ah figured you could use it if you wanted to use it as repayment ... I don't bother using a Savings account since the interest on it is poor anyways... I just have another bank account to save money.

Re: The JetBlue Card

Anonymous — Thu, 12 May 2016 15:54:24 GMT

My main concern is the short credit history. What do you think about that? Would I be denied for only having 8-9 months of history?

Re: The JetBlue Card

creditguy — Thu, 12 May 2016 16:44:09 GMT

You may be approved but realistically be prepared for low SL's, especially from Barclays. Why a QS and not a QS 1? Is it the annual fee?

Re: The JetBlue Card

Anonymous — Thu, 12 May 2016 17:43:37 GMT

Well I couldn't help myseld I apped, and I was instantly declined. I reconned and the nice lady said I meet all Barclay standards so she's overturning the decision I got $1,000 not terrible but not the best either! I am overjoyed nontheless to get my denial overturned! Still not bad for an 18 year old college student? Do the limits grow without hard pulls or will that be hard?

Re: The JetBlue Card

creditguy — Thu, 12 May 2016 17:51:53 GMT

Congrats on your successful recon. I had a feeling Barclays would be stingy, but considering your relatively new profile it's not unrealistic. It's growth depends really on you and how much you use it. It can grow automatically but be prepared to have to call and ask for a CLI on your own, if so call and ask for an apr reduction and while that's in process ask about a CLI to avoid a HP, there's plenty of more detailed threads on that here be sure to research it. Good luck and Congrats.

Re: The JetBlue Card

B335is — Thu, 12 May 2016 18:04:48 GMT

Congrats!! Barclays is usually good for auto CLI around 4 months I think.

Re: The JetBlue Card

Anonymous — Thu, 12 May 2016 18:09:35 GMT

Well done!

Re: The JetBlue Card

SouthJamaica — Thu, 12 May 2016 18:48:27 GMT

@Anonymous wrote:
Well I couldn't help myseld I apped, and I was instantly declined. I reconned and the nice lady said I meet all Barclay standards so she's overturning the decision I got $1,000 not terrible but not the best either! I am overjoyed nontheless to get my denial overturned! Still not bad for an 18 year old college student? Do the limits grow without hard pulls or will that be hard?

Congratulations.

They will give you auto CLI's at 6 month intervals if they like what they see.

Don't pull the luv button, as it's a hard pull.

Re: The JetBlue Card

Closingracer99 — Thu, 12 May 2016 19:14:56 GMT

My relationship with Barclays is limited since they don't particularly want to give me a credit card with the exception of the NFL one. I have received only one CLI after having the card since October 2014. Have since put it in the SD and only usage it currently has is from an AU.

Re: The JetBlue Card

Anonymous — Thu, 12 May 2016 20:59:59 GMT

On the welcome email it says "Welcome to your new JetBlue World MasterCard" so I wonder if they'll send me a World MasterCard or just a regular one. I'm also contemplating whether the annual fee is worth it for JetBlue Plus or not.

Re: The JetBlue Card

Anonymous — Thu, 12 May 2016 21:21:23 GMT

@Closingracer99 wrote:
My relationship with Barclays is limited since they don't particularly want to give me a credit card with the exception of the NFL one. I have received only one CLI after having the card since October 2014. Have since put it in the SD and only usage it currently has is from an AU.

I've received none on either of my cards. Barclays doesn't like me.

Re: The JetBlue Card

Anonymous — Thu, 12 May 2016 21:24:16 GMT

@Anonymous wrote:
On the welcome email it says "Welcome to your new JetBlue World MasterCard" so I wonder if they'll send me a World MasterCard or just a regular one. I'm also contemplating whether the annual fee is worth it for JetBlue Plus or not.

Pretty much all of Barclays Mastercards are issued as World. My Sallie Mae has a dinky limit, and it's World.

Re: The JetBlue Card

Anonymous — Thu, 12 May 2016 21:31:07 GMT

Barclay just doesn't like the Seahawks. lol.