topic Re: Fidelity CLI SP or HP in Credit Card Applications

Fidelity CLI SP or HP

socalchef00 — Tue, 08 Feb 2022 19:41:28 GMT

Anyone know if the Fidelity card is a SP or HP?

I went to apply but then small fine print right about submit mentioned they will obtain a credit report

Trying to avoid any HP's due to mortgage app coming soon, but trying to increase overall credit prior to that.

Re: Fidelity CLI SP or HP

FinStar — Tue, 08 Feb 2022 19:53:46 GMT

It is typically HP.

In rare instances, some ELAN CCs (including Fidelity) have been known to SP. Just know that there isn't a set-in-stone policy for CLIs, so if you want to avoid a HP, then don't pull the trigger.

Re: Fidelity CLI SP or HP

socalchef00 — Tue, 08 Feb 2022 19:56:26 GMT

Thanks.

Guess I'll wait till after then.

Re: Fidelity CLI SP or HP

PullingMeSoftly — Wed, 09 Feb 2022 17:34:30 GMT

Definitely HP...they might be a subsidiary of US Bank, but don't act like it.

Re: Fidelity CLI SP or HP

socalchef00 — Wed, 09 Feb 2022 17:36:59 GMT

Thanks

@PullingMeSoftly wrote:
Definitely HP...they might be a subsidiary of US Bank, but don't act like it.

Re: Fidelity CLI SP or HP

jaxstraw — Thu, 10 Feb 2022 02:43:12 GMT

@PullingMeSoftly wrote:
Definitely HP...they might be a subsidiary of US Bank, but don't act like it.

Not true.

My last two CLI's on my Fidelity Visa were both SP.

The latest being last week.

Re: Fidelity CLI SP or HP

socalchef00 — Thu, 10 Feb 2022 03:35:58 GMT

@jaxstraw wrote:
@PullingMeSoftly wrote:
Definitely HP...they might be a subsidiary of US Bank, but don't act like it.
Not true.
My last two CLI's on my Fidelity Visa were both SP.
The latest being last week.

Thanks. I'll consider that....just cant risk a hard inquiry.

Re: Fidelity CLI SP or HP

FinStar — Thu, 10 Feb 2022 03:41:54 GMT

@socalchef00 wrote:
@jaxstraw wrote:
@PullingMeSoftly wrote:
Definitely HP...they might be a subsidiary of US Bank, but don't act like it.
Not true.
My last two CLI's on my Fidelity Visa were both SP.
The latest being last week.
Thanks. I'll consider that....just cant risk a hard inquiry.

Since the majority of reported DPs indicate ELAN typically HPs for a CLI, I wouldn't risk your mortgage application. Since it's nothing pressing or of need, wait until your mortgage is approved and funded + keys in hand.

Sure, there's bound to be profiles that qualify for a SP CLI. But, the bottom line is that no one here can guarantee your results even if the above poster's results were SP for their specific profile.