topic Re: US Bank SL Recon Fail in Credit Card Applications

US Bank SL Recon Fail

Caught750 — Mon, 01 Apr 2019 21:31:25 GMT

Last week I posted about being approved for US Bank’s Altitude Reserve. Part of that approval post was a SL Recon attempt as the limit is $9k and I was hoping for a little more wiggle room for utilization. This card will be one of my daily drivers along with CSP.

Today I found out that the SL would not be increased and that too many new accounts was the reason for denial. I definitely can’t complain as $9k is a respectable limit from US Bank and it was the 5th card approved since January.

Unfortunately, however, I won’t be able to take a HP CLI until next summer (2020). Here’s to hoping for an auto CLI or SP CLI mailer!

I’m also considering an experiment to see what would happen to my profile with a single card crossing 28.9% while aggregate stays below 8.9%. I suppose we’ll see if I want to use it enough to cross that threshold.

Re: US Bank SL Recon Fail

pinkandgrey — Mon, 01 Apr 2019 22:05:14 GMT

Congrats on the approval. That really is a good SL for US Bank. Some of us weren’t so lucky lol

Re: US Bank SL Recon Fail

Winesnoblv — Mon, 01 Apr 2019 22:24:14 GMT

Congrats on the approval and the SL.

Surprised you were unable to recon an increase. But then I have found that US Bank, is somewhat quirky in their approvals and SLs. When I was approved, my SL was $5k. When I received the card, I called and requested an increase to $10k. I must admit, I was shocked when it was approved.

Re: US Bank SL Recon Fail

Caught750 — Mon, 01 Apr 2019 22:35:08 GMT

Thanks Pink and Grey

Winesnob, it’s probably worth noting that my Cash+ never saw heavy spend and subsequently there isn’t much in the way of payment history with US Bank. You also have much better higher scores than I do.

Unfortunately I doubted that I’d get approved (though I’ve wanted the card for about a year). If I’d been more optimistic I probably would have apped sooner.

Re: US Bank SL Recon Fail

LittleSal — Tue, 02 Apr 2019 13:21:38 GMT

US Bsnk can be tight with recon. Nice approval!

Re: US Bank SL Recon Fail

AverageJoesCredit — Tue, 02 Apr 2019 13:26:33 GMT

At least it wasnt a $500 sl with no recon

Re: US Bank SL Recon Fail

Caught750 — Tue, 02 Apr 2019 13:28:28 GMT

Yes this is true AJC!

Re: US Bank SL Recon Fail

xaximus — Tue, 02 Apr 2019 14:19:20 GMT

Congrats on the approval. US Bank is known to give auto-CLI's after 9-10 months, it's not guaranteed but it does happen. I'd give it that time and see what happens.

Re: US Bank SL Recon Fail

Caught750 — Tue, 02 Apr 2019 15:19:31 GMT

Thanks xaximus, I can’t take a HP until 7/2020 so if it doesn’t grow through Auto or SP CLIs by then I’ll take a HP.

Re: US Bank SL Recon Fail

Winesnoblv — Tue, 02 Apr 2019 20:34:25 GMT

Chasing750. I forgot to mention that I had been declined for a US Bank PLOC the same day the Altitude Reserve was approved for $5k. When I received the card a few days later, I requested the cli and was approved for $10k. That was the reason I was shocked at the increase.

Re: US Bank SL Recon Fail

chhull00 — Wed, 03 Apr 2019 00:49:49 GMT

@AverageJoesCredit wrote:
At least it wasnt a $500 sl with no recon

Mine was @500 for while, but it can get better, mines @8k now, us bank rocks and has given me lots of extra cash.

Re: US Bank SL Recon Fail

slither43 — Tue, 28 May 2019 15:20:49 GMT

@Winesnoblv wrote:
Chasing750. I forgot to mention that I had been declined for a US Bank PLOC the same day the Altitude Reserve was approved for $5k. When I received the card a few days later, I requested the cli and was approved for $10k. That was the reason I was shocked at the increase.

I know this is an older thread but....did the CLI recon request result in a second hard pull?

Re: US Bank SL Recon Fail

Winesnoblv — Tue, 28 May 2019 20:52:56 GMT

Since I had all credit frozen when I did the recon request, there was no second hard pull.