topic Re: UnionBank Platinum Visa Application (Update - APPROVED) in Credit Card Applications

UnionBank Platinum Visa Application (Update - APPROVED)

leo222 — Sat, 11 Jun 2022 01:49:02 GMT

Update (6-10-22) - APPROVED.

Recently applied for this, and got the 7-10 day message. I've been in this game long enough to know that the 7-10 is usually a denial. Sucks, as I feel like my credit profile had been improving quite nicely. Was planning on using their great balance transfer offer to move a balance from one of my other cards - Their offer is 15 months, but they are also one of the rare ones who do it without the 3 or 5% balance transfer fee.

FICO 8 (as per Discover) is 772, with a 14% UTIL. Also hadn't applied for any cards (or had any other hard inquiries) in about a year.

Re: UnionBank Platinum Visa Application

TRC_WA — Tue, 07 Jun 2022 21:26:33 GMT

@leo222 wrote:
Was planning on using their great balance transfer offer to move a balance from one of my other cards - Their offer is 15 months, but they are also one of the rare ones who do it without the 3 or 5% balance transfer fee.

FICO 8 (as per Discover) is 772, with a 14% UTIL. Also hadn't applied for any cards (or had any other hard inquiries) in about a year.

Wow.

If you're looking for a great BT card look up the Wells Fargo Reflect. If I was approved not sure why you wouldn't be... LOL... they have an 18 month 0% offer with no fee and is extendable to 21 months with on time payments.

I saw on a financial website recently it was listed as the "best" BT card currently available.

Re: UnionBank Platinum Visa Application

CH-7-Mission-Accomplished — Tue, 07 Jun 2022 22:33:31 GMT

@leo222 wrote:
Recently applied for this, and got the 7-10 day message. I've been in this game long enough to know that the 7-10 is usually a denial. Sucks, as I feel like my credit profile had been improving quite nicely. Was planning on using their great balance transfer offer to move a balance from one of my other cards - Their offer is 15 months, but they are also one of the rare ones who do it without the 3 or 5% balance transfer fee.

FICO 8 (as per Discover) is 772, with a 14% UTIL. Also hadn't applied for any cards (or had any other hard inquiries) in about a year.

UnionBank uses Elan if that offers any help in understanding.

Re: UnionBank Platinum Visa Application

leo222 — Wed, 08 Jun 2022 02:46:35 GMT

Reflect is great, already have it - pretty much an unbeatable amount of time (21 months). I think I was one of the few to first post about getting it.

Re: UnionBank Platinum Visa Application

ChargedUp — Thu, 09 Jun 2022 03:33:05 GMT

@CH-7-Mission-Accomplished wrote:
@leo222 wrote:
Recently applied for this, and got the 7-10 day message. I've been in this game long enough to know that the 7-10 is usually a denial. Sucks, as I feel like my credit profile had been improving quite nicely. Was planning on using their great balance transfer offer to move a balance from one of my other cards - Their offer is 15 months, but they are also one of the rare ones who do it without the 3 or 5% balance transfer fee.

FICO 8 (as per Discover) is 772, with a 14% UTIL. Also hadn't applied for any cards (or had any other hard inquiries) in about a year.
UnionBank uses Elan if that offers any help in understanding.

MUFG Union Bank underwrites their own credit cards. No affiliation with Elan. (Yet... They are in the process of merging into US Bank, but this is still a ways off.)

https://www.unionbank.com/personal/visa-credit-cards-all

Speaking of Elan, their platinum cards are currently offering 24month/0% BT's
https://creditcardlearnmore.com/11t3/index?ecdma-lc=28835&ecid=OTHE_25940
https://creditcardlearnmore.com/11t3/index?ecdma-lc=26931&ecid=OTHE_25940

Re: UnionBank Platinum Visa Application

leo222 — Fri, 10 Jun 2022 23:35:34 GMT

Update as of 6-10-22 is approved. Updated my original post with all the new information.

Re: UnionBank Platinum Visa Application (Update - APPROVED)

gdale6 — Sat, 11 Jun 2022 01:50:22 GMT

As OP has been approved this thread is now closed. Further comment can be made here https://ficoforums.myfico.com/t5/Credit-Card-Approvals/UnionBank-Platinum-Visa-Approval-8500-no-BT-fee-card/td-p/6549022