topic Re: Monthly spend? in Credit Card Applications

Monthly spend?

Anonymous — Sat, 02 Jul 2016 14:59:21 GMT

I am hitting the luv button with Cap1 this morning and it is asking me what is my monthly spend with CCs. Well, with QS and CFU I am running all expenses through the CCs, but I don't intend to carry a balance, or not much of a balance. So should I put my total monthly spending or the amount I think I will leave on the cards at the end of the month?

Re: Monthly spend?

Anonymous — Sat, 02 Jul 2016 15:01:24 GMT

@Anonymous wrote:
I am hitting the luv button with Cap1 this morning and it is asking me what is my monthly spend with CCs. Well, with QS and CFU I am running all expenses through the CCs, but I don't intend to carry a balance, or not much of a balance. So should I put my total monthly spending or the amount I think I will leave on the cards at the end of the month?

That question is asking for monthly spend but you can also leave it blank. Seriously doubt it makes any difference what you put..

Re: Monthly spend?

Anonymous — Sat, 02 Jul 2016 15:07:41 GMT

Thank you. I submitted and I got the message that I would get a response in 2-3 days. Gee, I love waiting.

Re: Monthly spend?

Anonymous — Sat, 02 Jul 2016 15:20:29 GMT

@Anonymous wrote:
Thank you. I submitted and I got the message that I would get a response in 2-3 days. Gee, I love waiting.

I got the same message from them yesterday :/

Re: Monthly spend?

Anonymous — Sat, 02 Jul 2016 15:22:51 GMT

@Anonymous wrote:
Thank you. I submitted and I got the message that I would get a response in 2-3 days. Gee, I love waiting.

Don't mean to be a downer but that typically means a denial. I know from experience :-/

Re: Monthly spend?

Anonymous — Sat, 02 Jul 2016 16:07:24 GMT

Oh well no rush. And if they piss me off I'll just spend all my money with the CFU and SD the Cap1.

Re: Monthly spend?

RonM21 — Sun, 03 Jul 2016 20:09:09 GMT

Hope it's a different outcome for you though, but generally it isn't a good sign. On your other point, I'm going to try leaving that field blank next time.

Re: Monthly spend?

Anonymous — Sun, 03 Jul 2016 20:48:25 GMT

@RM21 wrote:
Hope it's a different outcome for you though, but generally it isn't a good sign. On your other point, I'm going to try leaving that field blank next time.

Nope, same outcome. I think the balance may be a little too high, even though that is not what they are saying. Or maybe they just want more of the higher payments. Either way, not a big deal. It's not like I need the CLI. I just want to improve my available credit. UTI will be resolved soon enough anyway.