topic Re: Barclays AAdvantage Denial in Credit Card Applications

Barclays AAdvantage Denial

blackfines1 — Tue, 01 Dec 2020 09:00:09 GMT

FICO 758 transunion , inquiries 11 , new account personal 6 /24
appl for business get denial , try using same hp same hour for personal cc still denied
for same reason "too much new credit." only 6 news acc /24 month
Look like they hit me twice, same day appl, 2 HP
Fico score drop 14 points
Called recon 1-866-408-4064 they did not like that I had "too much new credit."

Re: Barclays AAdvantage Denial

K-in-Boston — Tue, 01 Dec 2020 11:11:57 GMT

Sorry about your denial. Barclaycard can be sensitive to new accounts even with the best of profiles. I was denied myself for an Arrival Plus last year being unaware of a 6/24 rule they had for that card.

I noticed that you used the word "only" to preface 6 new accounts in a 24 month period. While that's not unusual around myFICO and other credit enthusiast circles, you have to remember that the average consumer only has 4 credit cards - not 4 in 24 months, but 4 total. 6 new revolving accounts and 11 inquiries on a single bureau is a LOT, so you'll either need to allow some time to distance those new apps if you want Barclaycard cards, or seek out lenders who are less concerned with aggressive credit-seeking. (Not passing judgment; I'm 5/24 and have about that many inquiries on Experian the past 24 months.)

Re: Barclays AAdvantage Denial

Doodlebug30 — Tue, 01 Dec 2020 12:19:34 GMT

Sorry for the denial OP. Looks like it's time to garden? I too have 6/24 and I just entered the garden for atleast a year!

Re: Barclays AAdvantage Denial

randomguy1 — Tue, 01 Dec 2020 17:51:23 GMT

I have been denied 3 times with Barclays. Actually 4, but one yielded a successful recon. Last one was at 1/12 & 4/24, too many new accounts.

Re: Barclays AAdvantage Denial

Anonymous — Wed, 02 Dec 2020 01:08:30 GMT

Sorry for the denial and double HP. I was denied last month for one of their cards, not realizing their 6/24 rule, sensitivity to inquiries and all things considered baddies. Called the recon line & the csr who I spoke with seemed a bit snarky that I even applied.