topic Re: Banco do Brasil in Credit Card Applications

Banco do Brasil

Anonymous — Thu, 17 May 2018 05:32:44 GMT

Has anyone gotten approved for a Banco do Brasil card that doesn't live in Florida?

I understand they take awhile to process the app, how soon should I call, or do I just wait to hear?

Thanks!

Re: Banco do Brasil

Gmood1 — Thu, 17 May 2018 07:20:35 GMT

Yes, I have. You should get a call roughly two weeks into the app. That's a verification call. If you don't receive one. There's a good chance your app was denied. The entire process was a month for me. They are sloooowwww!

Re: Banco do Brasil

AverageJoesCredit — Thu, 17 May 2018 12:10:54 GMT

Lol,this card tried to be fotm turned out to be foty. Only a few select brave applied and even fewer approved. If you dont live in Florida, I'd recommend just getting another that can fill your needs that's easier to deal with. Just my dos centavos

Re: Banco do Brasil

Anonymous — Thu, 17 May 2018 12:17:50 GMT

I was approved in Texas without a verification call.

Re: Banco do Brasil

bizarrocreditworld — Thu, 17 May 2018 12:32:45 GMT

@Anonymous wrote:
Has anyone gotten approved for a Banco do Brasil card that doesn't live in Florida?

I understand they take awhile to process the app, how soon should I call, or do I just wait to hear?

Thanks!

I was approved in New York without a verification call. Took about a month from app to delivery of the card.

Re: Banco do Brasil

Anonymous — Mon, 21 May 2018 03:36:09 GMT

I live in Florida! Who do they pull?

Re: Banco do Brasil

Anonymous — Mon, 21 May 2018 03:59:55 GMT

They pulled EX.

Re: Banco do Brasil

Anonymous — Mon, 21 May 2018 04:08:46 GMT

A bit off topic, but can someone explain the appeal of their cards to me? I just don't see the allure besides the cards have cool designs.

Re: Banco do Brasil

Anonymous — Mon, 21 May 2018 04:21:51 GMT

In my situation, needed cards off the beaten path that wouldn't mind lots of inquiries to handle something short term.

I've seen others who applied that did so thinking there were possibly big limits available.

They are slow so don't know yet how this will turn out. I'm thinking will call to find out on about day 8 after applying.

Re: Banco do Brasil

coldfusion — Mon, 21 May 2018 09:48:32 GMT

@Anonymous wrote:
A bit off topic, but can someone explain the appeal of their cards to me? I just don't see the allure besides the cards have cool designs.

There is a niche for small FDIC-insured banks that are affiliated with a large foreign bank that also issues their own cards instead of farming them out to Elan

The rewards are generic, the card management site is a bit clunky, and people looking for a big starting limit should probably look elsewhere. Only a few of us here even managed to get a $10K SL. But yes the card looks cool.

Re: Banco do Brasil

FinStar — Mon, 21 May 2018 15:41:56 GMT

I was approved for $18K (EX HP) plus it took almost 3 weeks for the verification call and I'm outside of the FL footprint 😁

Re: Banco do Brasil

AverageJoesCredit — Mon, 21 May 2018 18:26:46 GMT

Lol, Finstar you won the lottery there 18k and ONLY 3 weeks. VIVA BRAZIL

Re: Banco do Brasil

FinStar — Mon, 21 May 2018 21:30:23 GMT

@AverageJoesCredit, I was very surprised about the CL since in reading some prior experiences and data points, very few folks reported CLs in the ~$10K range. Which is still not too bad for a lesser known bank that takes a while to review applications, manually 😁

Overall, even after verification, it took 1 month for the entire review/approval process. It's a pretty nifty looking CC!

Re: Banco do Brasil

woodyman100 — Wed, 23 May 2018 00:27:20 GMT

Just received a denial letter from my first app last Sept. 😂.

Was approved on a second app a month after the first.

I only apped because I didn’t hear anything on the first app.

The letter apologized for the late notice and blamed it on an outside vendor.

I think maybe someone filed a CFPB complaint

Re: Banco do Brasil

coldfusion — Wed, 23 May 2018 01:59:25 GMT

@woodyman100 wrote:
Just received a denial letter from my first app last Sept. 😂.
Was approved on a second app a month after the first.
I only apped because I didn’t hear anything on the first app.

The letter apologized for the late notice and blamed it on an outside vendor.
I think maybe someone filed a CFPB complaint

I wonder if that someone got a letter from the FDIC that the complaint was fowarded to them and that they've launched an inquiry. Banks don't like being the target of FDIC inquiries.

I remember that you had never heard back from them from the first application. Congrats on getting this loose end tied up.

Re: Banco do Brasil

FinStar — Wed, 23 May 2018 02:39:43 GMT

@woodyman100 wrote:
Just received a denial letter from my first app last Sept. 😂.
Was approved on a second app a month after the first.
I only apped because I didn’t hear anything on the first app.

The letter apologized for the late notice and blamed it on an outside vendor.
I think maybe someone filed a CFPB complaint

I got the same letter as well, dated May 10th. I wonder which "Third-Party Vendor" (as cited on the letter) was used? Was it "Peggy" from Discover from way back? Surprisingly, the EX inquiry from 9/12 got removed.

Re: Banco do Brasil

woodyman100 — Thu, 24 May 2018 00:33:19 GMT

@FinStar wrote:
@woodyman100 wrote:
Just received a denial letter from my first app last Sept. 😂.
Was approved on a second app a month after the first.
I only apped because I didn’t hear anything on the first app.

The letter apologized for the late notice and blamed it on an outside vendor.
I think maybe someone filed a CFPB complaint
I got the same letter as well, dated May 10th. I wonder which "Third-Party Vendor" (as cited on the letter) was used? Was it "Peggy" from Discover from way back? Surprisingly, the EX inquiry from 9/12 got removed.

When my next free report comes up I’m going straight to that inquiry to see if it’s there! Will be interesting to see

Re: Banco do Brasil

Anonymous — Thu, 14 Jun 2018 05:38:59 GMT

1 month to the day after applying, received $5000 Platinum Banco do Brasil card in mail. No verification call. Live in Missouri.

Re: Banco do Brasil

gdale6 — Thu, 14 Jun 2018 14:48:52 GMT

As OP has now been approved this thread is closed to further comments. OP you are free to create an approval thread in the approvals forum if you wish.