topic Re: Barclay's Rewards Approval Odds in Credit Card Applications

Barclay's Rewards Approval Odds

Anonymous — Tue, 06 Oct 2015 21:47:31 GMT

TU CK 641

I have 9 open accounts, One with 5 missed payments from over 2 years ago rest all Paid as Agreed no lates

1 closed derog from 2011

1 collection from 2013 Reports as open?

21 inqs

I applied for them about a 2 months ago and was denied but since then have had an account removed from TU Report ( TOday actually) and I really want another credit card before I sit in the garden for a while.

What do you think the odds are? Make decent income if that matters.

Re: Barclay's Rewards Approval Odds

Gmood1 — Tue, 06 Oct 2015 22:05:31 GMT

Odds aren't good from what you have posted. Pull your true fico scores for a $1 from credit check total. That way you atleast know where you stand. Garden for 6 more months.

Re: Barclay's Rewards Approval Odds

Pway — Tue, 06 Oct 2015 22:14:58 GMT

Barclay's specifically pulls transunion. How does that profile looks? Inq? They are inq sensitive.

Re: Barclay's Rewards Approval Odds

KSK1912 — Tue, 06 Oct 2015 22:15:07 GMT

I had couple baddies, but several revolving accounts, car payment with no late, majority of the accounts less than 6 months old, and all accounts paid as agreed, 1% utilization, and i got denied online, got approved after a recon phone conversation. The same day in the evening i applied for Apprle Rewards card and got instant approval for double the SL of the Rewards MC. You may have a better chance with the Apple rewards card, and then wait a few months and ask them to convert it to rewards MC. Either way, great company to join. Best customer service i've ever seen. Period. I got approved in the morning and had my card in my hand the next day early am.

Re: Barclay's Rewards Approval Odds

KSK1912 — Tue, 06 Oct 2015 22:15:57 GMT

And they pull TU. My score was 641 according to them at the time they pulled it.

Re: Barclay's Rewards Approval Odds

Anonymous — Tue, 06 Oct 2015 22:18:09 GMT

Profile listed is TU. 21 inqs on report.

Just pulled Fico 8 lists EXP 620 TU 618 EQ 626

Re: Barclay's Rewards Approval Odds

Pway — Tue, 06 Oct 2015 22:27:15 GMT

Those 21 inq are not sitting well. However, I was approved for the Rewards card with a 638 tu score. I think if I was you I would garden some more and give it some more time. You don't want to keep dropping your score from inq.

Re: Barclay's Rewards Approval Odds

Anonymous — Tue, 06 Oct 2015 22:38:10 GMT

6 are from over a year ago if that matters at all lol

Re: Barclay's Rewards Approval Odds

ojefferyo — Tue, 06 Oct 2015 23:45:34 GMT

@Anonymous wrote:
TU CK 641

I have 9 open accounts, One with 5 missed payments from over 2 years ago rest all Paid as Agreed no lates
1 closed derog from 2011
1 collection from 2013 Reports as open?
21 inqs

I applied for them about a 2 months ago and was denied but since then have had an account removed from TU Report ( TOday actually) and I really want another credit card before I sit in the garden for a while.

What do you think the odds are? Make decent income if that matters.

They aren't going to like your baddies or your inquires with the score you have. It's an uphill battle OP take care of those first.

Re: Barclay's Rewards Approval Odds

NichelleN — Wed, 07 Oct 2015 00:09:07 GMT

I was declned with a TU of 684. I had too many fresh (they were 4.5 months old) inquiries and new accounts.

Note - I apped for the Barclay's NFL card.

Re: Barclay's Rewards Approval Odds

Anonymous — Wed, 07 Oct 2015 00:47:33 GMT

I had to recon the Sallie Mae with a TU score of 800. Reason? Too many new accounts.

Re: Barclay's Rewards Approval Odds

EW800 — Wed, 07 Oct 2015 01:26:05 GMT

From all that I have pieced together about Barclay, they do not like to see inquiries. If I am not mistaken, there have been a number of denials mentioned here with inquiries being stated as the reason.

Re: Barclay's Rewards Approval Odds

Anonymous — Wed, 07 Oct 2015 05:08:29 GMT

I remember the rep telling me that they won't approve anyone with open collections.

Re: Barclay's Rewards Approval Odds

Anonymous — Wed, 07 Oct 2015 05:21:44 GMT

i got approved for the barclays rewards card with a 589 tu.......

Re: Barclay's Rewards Approval Odds

Anonymous — Wed, 07 Oct 2015 15:53:33 GMT

The collection isn't really open have been disputing this. Regardless thank you for the input, going to wait for a little bit and try and improve my reports.

Goodwill and disputes are all pending.

Thanks again

Re: Barclay's Rewards Approval Odds

Anonymous — Fri, 09 Oct 2015 05:10:33 GMT

I guess I should take what the rep told me with a grain of salt. Been getting conflicting answers from different providers and then the forums proving that wrong lol. I wish you luck in getting

Re: Barclay's Rewards Approval Odds

Anonymous — Fri, 09 Oct 2015 13:28:42 GMT

Another data point - I was denied in August and called to recon. The reason was not enough credit history, a new account and my TU at the time was 616 or so and 9 inquiries.

Flash forward to last week, I followed the pre-qual link and entered my name and address EXACTLY how it is on my TU reports, it came up with an accept now button. My inquiries were still at 9 buy my score rose to 636. I got $1,300 a lot less than my current lowest CL. I called to recon it up to $5K of my lowest limit card (a girl has gotta try) and the recon specialist said nope, even with my income, reason being not enough credit history and recent accounts, no counter offer. It looks like I barely squeezed in........Thankfully all my car inquiries hit EQ so my TU inquiries only went up one or two - I don't want any AA from them.

Re: Barclay's Rewards Approval Odds

Anonymous — Tue, 13 Oct 2015 03:52:23 GMT

21 is a lot of inquiries for Barclay's, I agree with those who stated this.

Re: Barclay's Rewards Approval Odds

Anonymous — Fri, 17 Mar 2017 22:06:39 GMT

the longer the inquiry was the less it affects your chances.....Barclays told me they like to see 6 months or more with no credit inquiries. the longer the better. and of course the higher your fico score the less the small things matter.