topic Re: X1 application, without bank verification in Credit Card Applications

X1 application, without bank verification

JoeRockhead — Thu, 02 Mar 2023 13:05:56 GMT

The other day was just another day milling around in the garden and I got bored, so I went to X1 to see what they would approve me for, with no intention of accepting any offer (if I got one) since I'm really trying to stay in the garden and work on getting under 5/24. Went through the whole SP app process but when it came time to link my bank account, I decided no, not doing it, and just abandoned the app.

Later that day I get an email from them asking me to complete my application, ignored it. This was followed up by another identical email the next morning and again, I just ignored it. Then yesterday afternoon I get an email that says "You're approved, no need to connect your bank" followed up by "Your application has been reviewed and approved". It had a link to see my limit so went there and this is what they offered. Not a bad SL for refusing their income verification, but I still declined. I don't remember seeing this before in any threads but could be mistaken. Anyone else have this happen to them?

Re: X1 application, without bank verification

CreditCuriosity — Thu, 02 Mar 2023 13:27:38 GMT

Interesting.. They use plaid and Penfed my FI doesn't support plaid so never been able to see what I would get for giggles as no interest in really the card. Didn't receive what you did, but did it quite awhile ago.

Re: X1 application, without bank verification

JoeRockhead — Thu, 02 Mar 2023 13:40:26 GMT

@CreditCuriosity wrote:
Interesting.. They use plaid and Penfed my FI doesn't support plaid so never been able to see what I would get for giggles as no interest in really the card. Didn't receive what you did, but did it quite awhile ago.

@CreditCuriosity like you, wasn't really interested in the card, was just looking for some kind of fix, lol. My FI is the same so maybe they're experiencing enough of this that they've changed their UW protocols somewhat. Didn't go through with it so who knows if afterward they might have sought some other kind of FR ¯\_(ツ)_/¯

Re: X1 application, without bank verification

SweetCreditObsession — Thu, 02 Mar 2023 16:34:50 GMT

@JoeRockhead - that's interesting.

They approved you on a SP. Do you know if it would've turned to a HP if you'd accepted the offer?

Re: X1 application, without bank verification

JoeRockhead — Thu, 02 Mar 2023 23:08:24 GMT

@SweetCreditObsession wrote:
@JoeRockhead - that's interesting.

They approved you on a SP. Do you know if it would've turned to a HP if you'd accepted the offer?

@SweetCreditObsessionunfortunately I don't know for sure, all it had on the screen to accept the offer was the typical disclaimer that it might result in a hard inquiry, so who knows, wish I had a definitive answer for you.

Re: X1 application, without bank verification

SweetCreditObsession — Fri, 03 Mar 2023 00:13:34 GMT

Thanks for responding all the same, @JoeRockhead

Re: X1 application, without bank verification

805orbust — Sat, 04 Mar 2023 03:00:47 GMT

Dang @JoeRockhead , I feel like the little creatures that lived in the locker in the first Men In Black movie that looked at them with awe... that is some cool experience. Wonder if they're turning a new leaf over there?

Re: X1 application, without bank verification

JoeRockhead — Sat, 04 Mar 2023 03:16:32 GMT

@805orbust wrote:
Dang @JoeRockhead , I feel like the little creatures that lived in the locker in the first Men In Black movie that looked at them with awe... that is some cool experience. Wonder if they're turning a new leaf over there?

@805orbust That's funny right there, lol.... As for them turning a new leaf over there, I've been waiting for someone else to experience the same thing I just did but not be a quitter like me and follow through with the rest of the approval. To see if they truly let it slide, or ask for another form of POI

Re: X1 application, without bank verification

805orbust — Sat, 04 Mar 2023 03:31:33 GMT

Dude... you calling me out @JoeRockhead?. Am i gonna have to assist you for the good of science? 🤣🤣

Re: X1 application, without bank verification

JoeRockhead — Sat, 04 Mar 2023 09:24:39 GMT

¯\_(ツ)_/¯.... Maybe I am, maybe I'm not @805orbust , but... I mean, you know, science does teach us a lot of... like, things and stuff. 😁🤣

Re: X1 application, without bank verification

805orbust — Sat, 04 Mar 2023 09:55:24 GMT

@JoeRockhead dude I'm sitting g here at 4:53 am pondering all that is tied up in the word *maybe*

I'm about to be in trouble! 🤣

Re: X1 application, without bank verification

OmarGB9 — Mon, 06 Mar 2023 01:01:01 GMT

@805orbust wrote:
@JoeRockhead dude I'm sitting g here at 4:53 am pondering all that is tied up in the word *maybe*

I'm about to be in trouble! 🤣

...

Sooo did you app yet!?

Re: X1 application, without bank verification

805orbust — Fri, 10 Mar 2023 04:40:43 GMT

@OmarGB9 I have not! Just a few short minutes later I was sabotaged by a healthy "honey do" list 🤣

Re: X1 application, without bank verification

hawkins — Fri, 10 Mar 2023 07:37:25 GMT

@JoeRockhead wrote:
The other day was just another day milling around in the garden and I got bored, so I went to X1 to see what they would approve me for, with no intention of accepting any offer (if I got one) since I'm really trying to stay in the garden and work on getting under 5/24. Went through the whole SP app process but when it came time to link my bank account, I decided no, not doing it, and just abandoned the app.

Later that day I get an email from them asking me to complete my application, ignored it. This was followed up by another identical email the next morning and again, I just ignored it. Then yesterday afternoon I get an email that says "You're approved, no need to connect your bank" followed up by "Your application has been reviewed and approved". It had a link to see my limit so went there and this is what they offered. Not a bad SL for refusing their income verification, but I still declined. I don't remember seeing this before in any threads but could be mistaken. Anyone else have this happen to them?

So I decided to see if I could duplicate what you did for additional data purposes and also got the same result. X1 asked first to use plaid to connect to my account which I ignored. Then a few days later as in yesterday I got an approval email with pretty much the exact same terms as what you were offered. I also did not accept it but can now definitely verify that X1 seems to be allowing this now. Maybe X1's reputation took such a bad hit they had to add more clients anyway they could who knows for sure.

Re: X1 application, without bank verification

JoeRockhead — Fri, 10 Mar 2023 08:17:11 GMT

@hawkins wrote:
@JoeRockhead wrote:
The other day was just another day milling around in the garden and I got bored, so I went to X1 to see what they would approve me for, with no intention of accepting any offer (if I got one) since I'm really trying to stay in the garden and work on getting under 5/24. Went through the whole SP app process but when it came time to link my bank account, I decided no, not doing it, and just abandoned the app.

Later that day I get an email from them asking me to complete my application, ignored it. This was followed up by another identical email the next morning and again, I just ignored it. Then yesterday afternoon I get an email that says "You're approved, no need to connect your bank" followed up by "Your application has been reviewed and approved". It had a link to see my limit so went there and this is what they offered. Not a bad SL for refusing their income verification, but I still declined. I don't remember seeing this before in any threads but could be mistaken. Anyone else have this happen to them?
So I decided to see if I could duplicate what you did for additional data purposes and also got the same result. X1 asked first to use plaid to connect to my account which I ignored. Then a few days later as in yesterday I got an approval email with pretty much the exact same terms as what you were offered. I also did not accept it but can now definitely verify that X1 seems to be allowing this now. Maybe X1's reputation took such a bad hit they had to add more clients anyway they could who knows for sure.

I'm also under the impression (just my own theory) that they're finding there are many people out there that are 1. Not open to sharing their banking information for a CC App, and 2. There are more financial institutions than perhaps they realized that just don't play well with Plaid. so they've changed things up a bit with their initial requirements. Definitely appreciate your research!..

I'm still waiting for @805orbust to come through for science, but perhaps he's still off somewhere "pondering all that is tied up in the word *maybe*" 🤣

Re: X1 application, without bank verification

805orbust — Fri, 10 Mar 2023 21:49:51 GMT

@JoeRockhead ...GUILTY!!!! Dude I get PARALYZED by analyzing!!!

Actually my bank (TD) doesn't play nice with Plaid either. I'll try it as well for the science. I'll report back as soon as I have an answer. My newest account is only 1 month old so... whatever

Re: X1 application, without bank verification

JoeRockhead — Fri, 10 Mar 2023 22:24:29 GMT

@805orbust .......🍿

Re: X1 application, without bank verification

Adkins — Tue, 14 Mar 2023 00:43:35 GMT

I had originally been rejected for the card when it first came out because of my last remaining late, and at the time you couldn't reapply. After reading this thread I apped just to see. I did try and link my information but my credit union doesn't play well with plaid. I got several emails encouraging me to finish my application and then an email saying I was pre-approved and to clink the link to see my limit. I'm not biting but it was nice to see after my initial rejection.

Interesting.....