topic Re: How solid are BBVA pre-approvals? in Credit Card Applications

How solid are BBVA pre-approvals?

Anonymous — Thu, 03 Sep 2020 00:06:49 GMT

Are they no longer geo-fenced? It accepted my state when in the past, it didn't. I searched the forums but didn't see many datapoints other than they pull from Experian. What are they like as a bank? Are future increases hard inquiries? Do they give automatic increases?

Re: How solid are BBVA pre-approvals?

Anonymous — Thu, 03 Sep 2020 01:02:58 GMT

I got a mailer and was approved for both with roughly a 660 score for a $8000 and $2,000 limit.

I use them for personal and business banking for years. I have no complaints.

I like the Rewards card better, mine is flat 2% on anything.

Re: How solid are BBVA pre-approvals?

BmoreBull — Thu, 03 Sep 2020 01:14:02 GMT

I don't t know if they are still geo fenced or not. I tried the pre qual a few months ago and was immediately kicked out, after I put in my address.

Re: How solid are BBVA pre-approvals?

M_Smart007 — Thu, 03 Sep 2020 01:24:32 GMT

@Anonymous wrote:

Are they no longer geo-fenced? It accepted my state when in the past, it didn't. I searched the forums but didn't see many datapoints other than they pull from Experian. What are they like as a bank? Are future increases hard inquiries? Do they give automatic increases?

@Anonymous, Those offers that you are showing are usually pretty solid. IME

I was approved in Oct. 2019 for $20K from a prequalified mailer with a code.

The "prequalified" offer should get you around the geo-fence.

I have a Checking and Savings, but due to using Schwab, US Bank, Chase and couple of CU's. Don't do any banking on a regular basis.

I am not sure about auto Increases, I do know CLI requests are HP on EX. (per forum DP's)

Re: How solid are BBVA pre-approvals?

M_Smart007 — Thu, 03 Sep 2020 01:27:12 GMT

@BmoreBull wrote:
I don't t know if they are still geo fenced or not. I tried the pre qual a few months ago and was immediately kicked out, after I put in my address.

@BmoreBull, They have changed things up a little ...

https://online.bbvausa.com/apply/credit-card-prequal

https://online.bbvausa.com/apply/credit-card-prequal?productid=0005

Re: How solid are BBVA pre-approvals?

NoMoreE46 — Thu, 03 Sep 2020 01:56:09 GMT

Gotta say go for it @Anonymous @

Re: How solid are BBVA pre-approvals?

Anonymous — Thu, 03 Sep 2020 02:11:56 GMT

Thanks for the valuable feedback so far.

Those that have applied for and gotten the card: what's the application process like? Do I need to have my paystubs and w2 in order before applying? I have my regular documents (id, soc, utility) but want to make sure beforehand for I don't slow the process down.

One card, i'll have to recheck- offered 0% APR for 13 or 15 months and then it gave me a solid APR of 15.24%.

Re: How solid are BBVA pre-approvals?

NoMoreE46 — Thu, 03 Sep 2020 02:22:28 GMT

IIRC,
You will fill out everything online. My Clear Points card from March was surprisingly only a SP.

I had broke down after like the 6th pre-approval mailer over a year's time frame.

I have not gotten an increase for my SL of $5800 but have read that 7 months is when they are open to requests which are HPs. I have read that some have been auto granted, but I have only put the minimum in this card for the SUB.

Re: How solid are BBVA pre-approvals?

M_Smart007 — Thu, 03 Sep 2020 02:21:41 GMT

@Anonymous wrote:
Thanks for the valuable feedback so far.

Those that have applied for and gotten the card: what's the application process like? Do I need to have my paystubs and w2 in order before applying? I have my regular documents (id, soc, utility) but want to make sure beforehand for I don't slow the process down.

One card, i'll have to recheck- offered 0% APR for 13 or 15 months and then it gave me a solid APR of 15.24%.

@Anonymous, They did not ask me for anything.

Re: How solid are BBVA pre-approvals?

NoMoreE46 — Thu, 03 Sep 2020 02:25:40 GMT

Ooh, they may sweeten the deal if you decide to open a checking or savings account during the app/verification process.

Re: How solid are BBVA pre-approvals?

Anonymous — Thu, 03 Sep 2020 02:31:18 GMT

@M_Smart007 wrote:
@Anonymous wrote:
Thanks for the valuable feedback so far.

Those that have applied for and gotten the card: what's the application process like? Do I need to have my paystubs and w2 in order before applying? I have my regular documents (id, soc, utility) but want to make sure beforehand for I don't slow the process down.

One card, i'll have to recheck- offered 0% APR for 13 or 15 months and then it gave me a solid APR of 15.24%.
@Anonymous, They did not ask me for anything.

Okay, i'm stumped now lol. BBT just gave me 15mos 0% apr, so I don't really need a 2nd 0% apr card.. I mean- it can't hurt.. but should I go with the Rewards 1.5% (since my DD goes to NFCU) or the 3pt 2pt tier system? Options, options, options lol.

Re: How solid are BBVA pre-approvals?

NoMoreE46 — Thu, 03 Sep 2020 02:43:07 GMT

Don't know about BB&T, but BBVA does targetted promos for

certain swipes.

Last month, I got 5x on gas.

###

Re: How solid are BBVA pre-approvals?

M_Smart007 — Thu, 03 Sep 2020 03:04:07 GMT

@Anonymous, personally I'd go with the "3pt 2pt tier system?"

Re: How solid are BBVA pre-approvals?

Anonymous — Thu, 03 Sep 2020 03:08:09 GMT

@M_Smart007 wrote:
@Anonymous, personally I'd go with the "3pt 2pt tier system?"

Whelp, time to crack open a beer and start this application aye? It's not gonna apply for itself!

Was the approval instant?

Re: How solid are BBVA pre-approvals?

Anonymous — Thu, 03 Sep 2020 03:21:40 GMT

Hmm, when I apply and click submit, the page just refreshes and doesn't submit. Have tried twice now, no HP's... yet..

If I cold app, will I still get the $7500? **bleep**.

Re: How solid are BBVA pre-approvals?

M_Smart007 — Thu, 03 Sep 2020 03:27:59 GMT

@Anonymous wrote:
@M_Smart007 wrote:
@Anonymous, personally I'd go with the "3pt 2pt tier system?"
Whelp, time to crack open a beer and start this application aye? It's not gonna apply for itself!

Was the approval instant?

@Anonymous, Here is how it went ...

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/BBVA-ClearPoints-20-000-00-Approved/m-p/5789767#M634723

Re: How solid are BBVA pre-approvals?

pinkandgrey — Thu, 03 Sep 2020 12:47:44 GMT

If you get a mailer, then you can apply even if outside their usual area. In my experience their prequals are pretty solid.

Re: How solid are BBVA pre-approvals?

J-F168 — Fri, 04 Sep 2020 16:39:33 GMT

When I got a mailer and was approved for 2.5k two years post D/C, after anoter year I took a hp on Ex to increase to 5k. A while back I did preq. and was pre-approved for 4.5k, I said no thanks. Also I do I have personal loan with them and had an auto loan with is paid in full now. For me its solid offer.

Best of luck!