topic Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then... in Credit Card Applications

Got My Very First Pre-Qualified Offers Today! US Bank... Then...

Anonymous — Mon, 13 Nov 2017 19:44:02 GMT

So, I decided to check for pre-qualified offers today. Checked Amex, nothing. Then checked US Bank and was shocked when I saw this! I have checked a few times over the past few months and nothing. Well, I went ahead and pulled the trigger on the US Bank+ Signature Visa and got the 7-10 day message. Then, it went on to ask if I want a balance transfer??!! and then once I completed that it asked if I wanted to provide my email for an answer so I put that in and then I was told again I would be notified 7-10 days if accepted.

Is this a denial, or has anyone had this same thing happen and success?

Update: Just got a Credit Wise alert that my report was pulled, so they pulled TU which at the moment is at 645

You are prequalified for the offers below. Apply now.

Want to see different cards? Change your preferences.

U.S. Bank Cash+™ Visa Signature® Card

U.S. Bank Cash 365™ American Express® Card

Earn up to 5% cash back on categories that you choose.12

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

CreditCuriosity — Mon, 13 Nov 2017 20:42:36 GMT

@Anonymous wrote:
So, I decided to check for pre-qualified offers today. Checked Amex, nothing. Then checked US Bank and was shocked when I saw this! I have checked a few times over the past few months and nothing. Well, I went ahead and pulled the trigger on the US Bank+ Signature Visa and got the 7-10 day message. Then, it went on to ask if I want a balance transfer??!! and then once I completed that it asked if I wanted to provide my email for an answer so I put that in and then I was told again I would be notified 7-10 days if accepted.
Is this a denial, or has anyone had this same thing happen and success?
Update: Just got a Credit Wise alert that my report was pulled, so they pulled TU which at the moment is at 645

You are prequalified for the offers below. Apply now.
Want to see different cards? Change your preferences.

U.S. Bank Cash+™ Visa Signature® Card

U.S. Bank Cash 365™ American Express® Card
Earn up to 5% cash back on categories that you choose.12

yes most people get approved.. usually for 500 though if they are pre-qualifed. Depending on your score/income, etc though that amount could vary. Assuming you have a 644 I would say a 500 approval. Best of luck!

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

Anonymous — Mon, 13 Nov 2017 20:52:17 GMT

Thank you @creditcuriosity. $500 SL even though it's a signature visa? Don't they start at $5,000?

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

Anonymous — Mon, 13 Nov 2017 21:08:12 GMT

It's up to the bank to maintain the 5k minimum. Chase for instance keeps the minimum on Signature cards at 5k but USBank, as they got rid of the non Plus version of the Cash+, gives lower limits

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

Anonymous — Mon, 13 Nov 2017 21:15:52 GMT

That's too bad @ragkapur!

I got so excited to see my first pre-qual. I really didn't stop to think about it (trials and tribulations of rebuilding). Well, hope at this point it's at least an approval since I alreadty too the HP. Really no need for another card with a tiny limit...

Oh well, if that's what it is, that's what it is. Will teach me a good lesson!

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

CreditCuriosity — Mon, 13 Nov 2017 21:42:28 GMT

Most banks keep the 5k Signature standard although UsBank and even the Chase Amazon card can be as low as 500 for a Visa Signature. Sure there are other lenders out there as well that issue Signatures less than 5k, just can't think off the top of my head. Most cards with chase that are issued as a signature are 5k min, but amazon is the exception.

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

GeorgiaBulldog — Tue, 14 Nov 2017 20:21:09 GMT

@CreditCuriousity wrote:
Most banks keep the 5k Signature standard although UsBank and even the Chase Amazon card can be as low as 500 for a Visa Signature. Sure there are other lenders out there as well that issue Signatures less than 5k, just can't think off the top of my head. Most cards with chase that are issued as a signature are 5k min, but amazon is the exception.

Cash+ can be even lower for a Visa Signature--mine was originally approved at $300, lol. Still included all the paperwork with the Visa Signature benefits and does not show a limit on my online banking info, though the statements do show how much the revolving limit is.

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

CreditCuriosity — Tue, 14 Nov 2017 20:31:23 GMT

@GeorgiaBulldog wrote:
@CreditCuriousity wrote:
Most banks keep the 5k Signature standard although UsBank and even the Chase Amazon card can be as low as 500 for a Visa Signature. Sure there are other lenders out there as well that issue Signatures less than 5k, just can't think off the top of my head. Most cards with chase that are issued as a signature are 5k min, but amazon is the exception.
Cash+ can be even lower for a Visa Signature--mine was originally approved at $300, lol. Still included all the paperwork with the Visa Signature benefits and does not show a limit on my online banking info, though the statements do show how much the revolving limit is.

Lol leave it to Us Bank to push the limits of low limit cards

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

Anonymous — Fri, 17 Nov 2017 01:54:46 GMT

I got 3 overqualified offers. How solid are they. I really don't need a new card. But I never got qualified offer until now

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

Anonymous — Sat, 18 Nov 2017 10:21:48 GMT

I've been wondering the same thing, prior to this I'd never gotten any prequals besides capital one platinum and quicksilver one (well unless you count credit one blowing up my mailbox with preapproved offers every other day lol, that and boscov's) but us bank gave me single APR prequals for cash+ and 2 others and I'm fairly skeptical of it just based off my credit profile

Didn't really see many (or any) approvals on the credit pulls databases for cash+ with around a 650 fico but I have noticed a few of these us bank prequal threads lately, has anyone here been approved recently for any of their us bank prequals who were in the fair range (maybe 640-650ish)? I know I saw a couple people who got the 7-10 message but at least one or 2 of them were ultimately approved I believe (actually i think OP might've been one of them, you did end up getting approved right @mandm?) - anyone else recently get/apply for any of these care to weigh in on this? I've done the prequal 3 times now lol and replicated the same results every time but I'm still too apprehensive to actually try for it haha

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

Anonymous — Sat, 18 Nov 2017 23:20:51 GMT

I meant pre-qualified

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

Anonymous — Sun, 19 Nov 2017 23:28:30 GMT

@kitty_kat

Yes I was approved for $500 sl. Tried to recon higher but the turned it down. I was a 645 TU at approval (could have been 649). Seems MyFico has been very slow with score updates and I see 649 on Creditwise and CK.

Re: Got My Very First Pre-Qualified Offers Today! US Bank... Then...

Anonymous — Sun, 19 Nov 2017 23:51:13 GMT

@mandm Nice I knew I saw you say you were approved somewhere, that sucks that the recon didn't pan out but I bet it'll grow at some point

Maybe I'll pull the trigger on it myself once my discover shows back up on my CRs, I took a big hit when they issued me a new card - new one hasn't come yet but old one already dropped off, lol I'm just praying they backdate once I get it activated

How long is your credit history? And do you remember what your AAoA was before you got the new card? Congrats on it, even with the tiny SL I bet you'll be able to rack up a ton of cash back just cycling the limit a bunch every month