topic Re: Santander Underwriting Call? UPDATE: 2 MONTHS LATER APPROVED! in Credit Card Applications

Santander Underwriting Call?

Anonymous — Thu, 22 Dec 2016 02:48:24 GMT

Hey all,

I applied on my last spree for the Sphere card in mid-november, went to a review message figured it was a denial, never received an AA action letter or heard anything from them. Then I received a phone call from their underwriting department today! More than a month later! By the time I got it the lady had already left here office so I will call back tomorrow, but has anyone had any experience with? As an approval in my future? EX was 689 when I applied its 705 now.

Re: Santander Underwriting Call?

Anonymous — Thu, 29 Dec 2016 10:17:38 GMT

I just made a post on this bank... the other card tho... the Bravo. Wondering if you got this and how you like the card? Customer service? Any red flags? Thx

Re: Santander Underwriting Call?

kdm31091 — Thu, 29 Dec 2016 11:40:14 GMT

@Anonymous wrote:
I just made a post on this bank... the other card tho... the Bravo. Wondering if you got this and how you like the card? Customer service? Any red flags? Thx

I'd say it's a bit of a red flag that it's taken over a month to make a decision on a credit card app!

Re: Santander Underwriting Call?

SouthJamaica — Thu, 29 Dec 2016 12:53:23 GMT

@Anonymous wrote:
Hey all,

I applied on my last spree for the Sphere card in mid-november, went to a review message figured it was a denial, never received an AA action letter or heard anything from them. Then I received a phone call from their underwriting department today! More than a month later! By the time I got it the lady had already left here office so I will call back tomorrow, but has anyone had any experience with? As an approval in my future? EX was 689 when I applied its 705 now.

I think it's a positive signal. Probably looking for income or identity verification, or has a question or two.

Re: Santander Underwriting Call?

woodyman100 — Thu, 29 Dec 2016 14:21:52 GMT

30 days is not abnormal for Santander.

They take forever to manually review apps

Re: Santander Underwriting Call?

Anonymous — Fri, 30 Dec 2016 13:31:40 GMT

@kdm......

Seems they do things the old way. No online apps... manual review approvals.

Some banks who take forever are good.

Took my US Bank 3 weeks for approval.

I'm still holding out for my BMW visa, and that is.... idk... maybe 6 weeks still. About 3-4 weeks in I got a request via us mail system for proof of addy.

So just because it is a long time approval doesn't necessarily mean stay away.

That being said I have read other thing about this bank... but the stories are conflicting. Some say hell no and some say it's a good bank/card. I've yet to hear of someone who has the card but says stay away.

I made up my mind on this card already though... but it's always good IMO to have more data points.

Re: Santander Underwriting Call?

fltireguy — Fri, 30 Dec 2016 13:49:47 GMT

Same thing happened to my son. He had to speak with UW... it was an approval though. I believe he said it was 5 weeks from app till when he got the card. He applied online though, apparently you could at one point earlier this year (card was issued in March)

Re: Santander Underwriting Call? UPDATE: 2 MONTHS LATER APPROVED!

Anonymous — Fri, 20 Jan 2017 00:21:47 GMT

Update! This has been my longest approval ever, literally about 2 months since I applied and I just got the credit card "pin" in the mail today. Called in today to see what was going on as they denied me a checking account (was trying to get the bonus) because I lived to far away from their "footprint" okay cool.... well anyway long story short 3 weeks ago got a denial letter for the credit card app saying they were unable to verify my address and that was the only reason, so I rolled the dice sent a copy of my Driver License and Lease Agreement back to the Credit Card appeal address. The approval is for the Sphere card with a measly $1,200 limit but at least I have a MC in my profile now and hopefully can convince them to hook me up with the checking account now that I have a relationship with them. I am also excited to have a card that does not have a Chip in it! The lady I spoke with said they didn't have any plans to put chips in the card either, praise! Looking forward to using this card just so I can get that sastifying "swipe" feel.

Promo with the card is 24 months 0% APR BT, 12 months 0% on purchases, and 10,000 points after $1k spend so not bad, certainly would prefer to have a bigger limit but it will grow in time hopefully.

Re: Santander Underwriting Call? UPDATE: 2 MONTHS LATER APPROVED!

woodyman100 — Fri, 20 Jan 2017 00:38:53 GMT

Congrats! Not an easy approval with this bank.

Re: Santander Underwriting Call? UPDATE: 2 MONTHS LATER APPROVED!

Anonymous — Fri, 20 Jan 2017 00:50:38 GMT

@woodyman100 wrote:
Congrats! Not an easy approval with this bank.

Thanks, that is what I have heard and experienced franky surprised I was approved lol!

Re: Santander Underwriting Call? UPDATE: 2 MONTHS LATER APPROVED!

Anonymous — Fri, 20 Jan 2017 00:58:09 GMT

Grats on getting approved! Seems they are like Simmons Bank. Glad you stayed the course and kicked down the barriers by obtaining the card. Enjoy your new score.

Re: Santander Underwriting Call? UPDATE: 2 MONTHS LATER APPROVED!

fedxboy — Fri, 20 Jan 2017 20:31:01 GMT

@Anonymous wrote:
Update! This has been my longest approval ever, literally about 2 months since I applied and I just got the credit card "pin" in the mail today. Called in today to see what was going on as they denied me a checking account (was trying to get the bonus) because I lived to far away from their "footprint" okay cool.... well anyway long story short 3 weeks ago got a denial letter for the credit card app saying they were unable to verify my address and that was the only reason, so I rolled the dice sent a copy of my Driver License and Lease Agreement back to the Credit Card appeal address. The approval is for the Sphere card with a measly $1,200 limit but at least I have a MC in my profile now and hopefully can convince them to hook me up with the checking account now that I have a relationship with them. I am also excited to have a card that does not have a Chip in it! The lady I spoke with said they didn't have any plans to put chips in the card either, praise! Looking forward to using this card just so I can get that sastifying "swipe" feel.

Promo with the card is 24 months 0% APR BT, 12 months 0% on purchases, and 10,000 points after $1k spend so not bad, certainly would prefer to have a bigger limit but it will grow in time hopefully.

@I picked up this Sphere card like 2 months ago for the 2 year BT @ 0% and **bleep**, they only gave me a 3400 SL. Now, last month I picked up the Avianca Visa and they gave me a 17,200 SL and a BT for 1 year @ 0% with a 2% fee. Well, recently my crappy Comenity Bank Visas -- Orbitz, Toyota, and Total Rewards Visa have all offered me a BT till July 2018 with a 1% fee -- Just goes to show, there's no rhyme or reason with these cards........

Re: Santander Underwriting Call? UPDATE: 2 MONTHS LATER APPROVED!

Anonymous — Sat, 21 Jan 2017 01:26:27 GMT

Yeah I think Santander is intentionally giving out really low SL with this card just so they can mitigate their losses. They have already stopped taking online apps. Another cool thing about the card though I guess is it is the World Mastercard so thats nice at least. I got the highest regular APR after the promo which really I won't even be able to use due to it having such a low limit... oh well hopefully it will grow and they will offer retention offers in the future! Best feature of the card for me is the no chip

Re: Santander Underwriting Call? UPDATE: 2 MONTHS LATER APPROVED!

dbw79 — Mon, 12 Jun 2017 13:07:28 GMT

Sorry to bump an older thread. Do you or does anyone have a backdoor number to Santander's underwriting department? The branches seem to be of no use, and claim even they don't speak to anyone in the underwriting dept., unless it's a mortgage or home equity. Strange.