topic Re: BBVA mailer in Credit Card Applications

BBVA mailer

Anonymous — Fri, 26 Apr 2019 18:09:13 GMT

I got the prequal mailer yesterday and went ahead and applied but got the dreaded review message. I am wondering if I got the prequal by mistake because of my location or if this is a common thing they do. My scores are 738 Exp 711 Eq and unsure of T.U fico but fake is 712. Utilization is 2% have a rather low a.a.o.a. It's been almost two days since I applied. Do they reach as far as Indiana?

Re: BBVA mailer

Jnbmom — Fri, 26 Apr 2019 18:16:25 GMT

Not sure of the demos, but if they sent you an invitation you should be eligible.

I got instant approval, my DH did not, his took about 5 days then he got welcome email.

Re: BBVA mailer

Anonymous — Fri, 26 Apr 2019 18:19:50 GMT

O.k I am probably just being impatient just used to instant gratification. Thanks for your reply.

Re: BBVA mailer

pinkandgrey — Fri, 26 Apr 2019 18:21:19 GMT

You’re good to go if you want the card. I’d be willing to bet you’ll get it too. Could this be the start of round two for BBVA??

Re: BBVA mailer

Winesnoblv — Fri, 26 Apr 2019 22:54:24 GMT

Not sure of their geographic footprint. I live in Nevada and received several mailers. I finally gave in and applied last month with an instant approval. They pulled Experian. From what I have seen, those on the forums who receive mailers have been approved.

Re: BBVA mailer

Anonymous — Fri, 26 Apr 2019 23:11:55 GMT

You don’t have to be in their footprint to be approved with a mailer, only without one.

I have heard of one BBVA mailer denial here so these seem to be pretty solid offers.

Re: BBVA mailer

Anonymous — Fri, 26 Apr 2019 23:58:30 GMT

I really appreciate the responses will give an update in a few days.. Hoping for a decent s.l.... I didnt mention that I have 5 inquiries on my Experian, but from what I read that wont be a dealbreaker...

Re: BBVA mailer

coldfusion — Sat, 27 Apr 2019 02:18:30 GMT

@Anonymous wrote:
I really appreciate the responses will give an update in a few days.. Hoping for a decent s.l.... I didnt mention that I have 5 inquiries on my Experian, but from what I read that wont be a dealbreaker...

I had a LOT more than 5 when I received the pre-approval and subsequent approval, so no it shouldn't trigger a denial by default.

Re: BBVA mailer

Anonymous — Sat, 27 Apr 2019 18:47:38 GMT

i have also received the prequal letter but i believe i m on their blacklist for having a checking account defaulted some 12 years ago.

Re: BBVA mailer

Anonymous — Sat, 27 Apr 2019 18:54:00 GMT

Who do they typically pull from?

Re: BBVA mailer

Anonymous — Sat, 27 Apr 2019 19:01:55 GMT

I know it to be EX; Inquiries dont matter so much new accounts do? i have Target card as only new account on EQ;

Re: BBVA mailer

Anonymous — Sat, 27 Apr 2019 19:28:59 GMT

Neither inquiries nor new accounts seem to bother BBVA and yes, they pull Experian.

Re: BBVA mailer

Anonymous — Sat, 27 Apr 2019 22:03:08 GMT

Ok. Well, I think I'm convinced.
I got a mailer a couple of weeks ago. I was afraid because my credit is so new (had been living the cash-only life).
Also, I really, really wanted to wait for a Chase card. But, I'm moving out of the BBVA area soon. So, I'm going to pull the trigger, too.

Re: BBVA mailer

DaveInAZ — Sat, 27 Apr 2019 22:54:53 GMT

They sure are pushing this card, I got a mailer w/code in later March app'd & instant approval for $6100. And I just got another mailer today with another code but I tossed it, I think they just didn't update their list of cardholders against the pre-selected list of candidates provided by a CRA. As much as I'd like a 2nd Clear Points for two 3x reward choices & two 2x reward choices they aren't going to approve me for a second card when I don't even have my first statement or made a payment on my current card.

Be sure to select your 3x & 2x reward categories BEFORE using the card, and then mark your calendar to make new or the same selections for the next quarter starting July 1st. Your current reward categories don't carry over to the next quarter and if you don't make selections by the start of the next quarter you only get 1x rewards.

Re: BBVA mailer

Anonymous — Sat, 27 Apr 2019 23:15:25 GMT

Approved. $5,400 sl.
All of my cards are so new but I really want to get rid of some of the other ones.

Re: BBVA mailer

DaveInAZ — Sat, 27 Apr 2019 23:32:01 GMT

@Anonymous wrote:
Approved. $5,400 sl.
All of my cards are so new but I really want to get rid of some of the other ones.

Congrats! But I wouldn't close pretty new cards, that gives you a black mark on the lender to close very new cards. It doesn't cost you anything to keep them (as longs as no fees), just sock drawer them and wait until they're at least a year old. Pulling your credit for the app and making a card & mailing it to you cost them money so they don't like it if you close them quickly and not give them at least a few swipe fees.

Re: BBVA mailer

Anonymous — Sun, 28 Apr 2019 00:12:59 GMT

Congrats!

Re: BBVA mailer

Anonymous — Sun, 28 Apr 2019 00:47:31 GMT

Thanks! 😁🥳
And, true. It's better to wait. I'm planning on closing each of my unwanted Cards on their anniversaries. A little Card Burning Party for their send offs.
Chopping Block Cards;
Cap1 QS1 - has fee AND I'm not a Cap1 fan.
FedEx CC- no rewards and just... blah.
DCU- no rewards and don't really use much.

Re: BBVA mailer

Anonymous — Sun, 28 Apr 2019 23:05:18 GMT

Quick question did they ask for your D.H's I.D? They asked me to upload a picture front and back of my D.L. It's been 4 days now. Thinking I will hear something tomorrow. I am starting to wonder about the card have read some nasty reviews. How's your experience been with the card so far?.

Re: BBVA mailer

Anonymous — Sun, 28 Apr 2019 23:18:28 GMT

The reviews for the bank are horrible. Mostly customer service stupidity.
The reviews for the credit cards are pretty good.
Based on what I've read, I app'd for the card but will most likely avoid any other banking with them, no matter what rates they're offering.
I was not asked for any proof of ID. I just used the code on the mailer and answered the questions. Instant approval.
Who knows? 🤷🏽‍♀️