topic Re: Redstone Pre-Approval...Pure Temptation in Credit Card Applications

Redstone Pre-Approval...Pure Temptation

PullingMeSoftly — Thu, 23 Mar 2023 18:10:20 GMT

Since joining Redstone FCU, I've been relationship-building with some ongoing deposits, expanding savings, etc. The plan has been to apply for the Visa sig sometime in the near future, and possibly couple it with a Chase app when i'm 4/24 this summer. However, while keeping my powder dry, I just received this:

Very tempting, like someone left the garden gate open and is dangling a beer for the taking. Good to see that Redstone does their grouping of pre-approvals similar to Affinity FCU. I would imagine an acceptance of the offer would be SP, but maybe not? Not a huge fan of the 10k CL being offerred, but perhaps a call in to UW after acceptance might yield a better result.

Should i bite? Any Redstone insight is appreciated, especially anyone who has accepted a pre-approval. Please share your experience, thanks!

Re: Redstone Pre-Approval...Pure Temptation

hawkins — Thu, 23 Mar 2023 18:22:55 GMT

@PullingMeSoftly wrote:
Since joining Redstone FCU, I've been relationship-building with some ongoing deposits, expanding savings, etc. The plan has been to apply for the Visa sig sometime in the near future, and possibly couple it with a Chase app when i'm 4/24 this summer. However, while keeping my powder dry, I just received this:

Very tempting, like someone left the garden gate open and is dangling a beer for the taking. Good to see that Redstone does their grouping of pre-approvals similar to Affinity FCU. I would imagine an acceptance of the offer would be SP, but maybe not? Not a huge fan of the 10k CL being offerred, but perhaps a call in to UW after acceptance might yield a better result.

Should i bite? Any Redstone insight is appreciated, especially anyone who has accepted a pre-approval. Please share your experience, thanks!

Hey congradulations on all the great offers listed. I have the card in question and absolutely love it. If you like cash back this one can make you quite a bit of it. As to the CL im afraid to say that Redstone only goes to a maximum of 10K on the VS card. They changed that rule last year I think. They used to go as high as 50K but that is no more. Only people that are basically grandfathered in can have higher Cls than 10K. So if you are looking for a high CL this will never go higher than 10K unless they decide to change the rules again. Either way its a keeper card. Best of luck to you whatever you decide.

Re: Redstone Pre-Approval...Pure Temptation

JoeRockhead — Thu, 23 Mar 2023 18:59:41 GMT

That's a very nice array of pre-approvals so my advice @PullingMeSoftly is this. Take that boat, and hook it to the RV, and take a little extended vacay to a quiet camping spot at the lake. While you're out floating on your boat enjoying that beer that lured you out of the garden and feel just a bit better about that "measly" 10k Visa Signature approval (all in good natured jest) Best of luck with making a decision!

Re: Redstone Pre-Approval...Pure Temptation

PullingMeSoftly — Thu, 23 Mar 2023 19:12:43 GMT

@JoeRockhead wrote:
That's a very nice array of pre-approvals so my advice @PullingMeSoftly is this. Take that boat, and hook it to the RV, and take a little extended vacay to a quiet camping spot at the lake. While you're out floating on your boat enjoying that beer that lured you out of the garden and feel just a bit better about that "measly" 10k Visa Signature approval (all in good natured jest) Best of luck with making a decision!

Pure gold @JoeRockhead, awesome plan, love it

Re: Redstone Pre-Approval...Pure Temptation

Traveler101 — Thu, 23 Mar 2023 21:57:28 GMT

What? No wings? Good luck on the angel or devil OP, whichever you decide.

Re: Redstone Pre-Approval...Pure Temptation

dlister70 — Thu, 23 Mar 2023 22:46:49 GMT

@hawkins wrote:
Redstone only goes to a maximum of 10K on the VS card. They changed that rule last year I think.

Interesting. Thank you for the data point, I did not know that!

Re: Redstone Pre-Approval...Pure Temptation

Vash — Mon, 01 Jan 2024 23:30:20 GMT

Hi, I have a question.

How long after you joined Redstone did you get those pre approved offers?

I joined them more than two months ago. And as of 1/1/2024, I see no offer at all.

Re: Redstone Pre-Approval...Pure Temptation

ptatohed — Tue, 02 Jan 2024 03:26:09 GMT

Looking at PMS's ( @PullingMeSoftly ) sig, looks like he never went for it.

For me, the Redstone Visa Sig is the most impressive card I don't quite need. 5% rest's and gas all year long is amazing but I almost always have those two cats covered with my rotators. 3% on those 6 cats is wonderful but my AOD (for now) gets 3% on everything. And the 1.5% base is great, especially when you misjudge a 5% cat and end up with 1%. But I just don't quite need this great card.

Also, the overly confusing .5 point system is a big turn off for me, even if it does translate to a true 5%/3%/1.5% CB at the end of the day.

This card, hands down, is the best card I don't want to apply for.

Re: Redstone Pre-Approval...Pure Temptation

Wavester64 — Thu, 04 Jan 2024 14:38:01 GMT

Seems like a nice card

Is Redstone geo-fenced?

What CB do they pull from?

Re: Redstone Pre-Approval...Pure Temptation

mgood — Thu, 04 Jan 2024 18:31:59 GMT

@ptatohed wrote:
For me, the Redstone Visa Sig is the most impressive card I don't quite need. 5% rest's and gas all year long is amazing but I almost always have those two cats covered with my rotators. 3% on those 6 cats is wonderful but my AOD (for now) gets 3% on everything. And the 1.5% base is great, especially when you misjudge a 5% cat and end up with 1%. But I just don't quite need this great card.

This is me. I have all that stuff covered 90% of the time. It could possibly simplify my setup, one card doing what I currently use two or three cards for. It's on my list of cards that might be nice to have some day, but not a priority right now.

Re: Redstone Pre-Approval...Pure Temptation

ShreksBFF — Thu, 04 Jan 2024 18:46:22 GMT

@Wavester64 wrote:
Seems like a nice card

Is Redstone geo-fenced?

What CB do they pull from?

Re: Redstone Pre-Approval...Pure Temptation

PullingMeSoftly — Sat, 06 Jan 2024 01:05:44 GMT

@ptatohed wrote:
Looking at PMS's ( @PullingMeSoftly ) sig, looks like he never went for it.

For me, the Redstone Visa Sig is the most impressive card I don't quite need. 5% rest's and gas all year long is amazing but I almost always have those two cats covered with my rotators. 3% on those 6 cats is wonderful but my AOD (for now) gets 3% on everything. And the 1.5% base is great, especially when you misjudge a 5% cat and end up with 1%. But I just don't quite need this great card.

Also, the overly confusing .5 point system is a big turn off for me, even if it does translate to a true 5%/3%/1.5% CB at the end of the day.

This card, hands down, is the best card I don't want to apply for.

Couldn't have said it any better @ptatohed...that and changing strategies for travel goals, etc. I had it lined up, but went for some bigger subs with other products instead. Possibly an end of 2024 card, if it survives and stays as is.

Re: Redstone Pre-Approval...Pure Temptation

PullingMeSoftly — Sat, 06 Jan 2024 01:12:12 GMT

@Vash it took about 60-90 days after joining and funding accounts to start seeing the pre-approvals. Interesting note, however, is that if you see the pre-approval in orange (like the way it looks in my original post) then that is a true pre-approval which may result in only a SP (ymmv), but if you see it in blue with general language to apply, then that is a regular app and just marketing. They still put the ones in blue boxes in the pre-approval tab, even though they're not. For me, the orange pre-approvals stayed for about two quarters and then turned blue afterward, even though I had no apps or inq's during that time frame.

Re: Redstone Pre-Approval...Pure Temptation

GZG — Sat, 06 Jan 2024 02:02:42 GMT

@PullingMeSoftly wrote:
@Vash it took about 60-90 days after joining and funding accounts to start seeing the pre-approvals. Interesting note, however, is that if you see the pre-approval in orange (like the way it looks in my original post) then that is a true pre-approval which may result in only a SP (ymmv), but if you see it in blue with general language to apply, then that is a regular app and just marketing. They still put the ones in blue boxes in the pre-approval tab, even though they're not. For me, the orange pre-approvals stayed for about two quarters and then turned blue afterward, even though I had no apps or inq's during that time frame.

curious if my pre-approvals will disappear, my visa sig card is at about the 6 month mark, so wonder if they will disappear like yours

Re: Redstone Pre-Approval...Pure Temptation

Vash — Sat, 06 Jan 2024 03:22:16 GMT

@PullingMeSoftly

Thank you for the reply. It is about 70 days and counting for me. And I have been funding it every week since the third week. Total deposit exceeded $7,000, although I did transfer out some of it. My current FICO 8 score is around 770 cross all three credit bureaus. Getting impatient on waiting for the pre approval. As of now, they do not even provide a FICO score for me in their app.

I actually asked their customer support. Once on the phone, once on the chat. They gave me difference answers. First one told me that they update pre-approval in the beginning of each month, and the second one told me it is random and no set time.

Re: Redstone Pre-Approval...Pure Temptation

Wavester64 — Thu, 15 Feb 2024 15:33:29 GMT

@ShreksBFF wrote:
@Wavester64 wrote:
Seems like a nice card

Is Redstone geo-fenced?

What CB do they pull from?
Sign up for Financial Fitness Association to qualify for membership, they pull EX

Thanks do they HP to become a member? Or just when you app for their CC?

Re: Redstone Pre-Approval...Pure Temptation

Vash — Thu, 15 Feb 2024 19:09:38 GMT

@Wavester64 wrote:
@ShreksBFF wrote:
@Wavester64 wrote:
Seems like a nice card

Is Redstone geo-fenced?

What CB do they pull from?
Sign up for Financial Fitness Association to qualify for membership, they pull EX
Thanks do they HP to become a member? Or just when you app for their CC?

Soft pull on joining Redstone.
Hard pull if you apply for the credit card. But it is a soft pull if you are pre approved.

I actually just got my Redstone Visa Signature a few weeks ago after two appeals. They declined me twice before finally agreed to give me the Signature version @ $5k, instead of the visa traditional version at $2k

Re: Redstone Pre-Approval...Pure Temptation

Wavester64 — Thu, 15 Feb 2024 17:11:03 GMT

@Vash wrote:
@Wavester64 wrote:
@ShreksBFF wrote:
@Wavester64 wrote:
Seems like a nice card

Is Redstone geo-fenced?

What CB do they pull from?
Sign up for Financial Fitness Association to qualify for membership, they pull EX
Thanks do they HP to become a member? Or just when you app for their CC?
Soft pull on joining Redstone.
Hard pull if you apply for the credit card. But it is a soft pull if you are pre approved

Thanks @Vash

Re: Redstone Pre-Approval...Pure Temptation

Wavester64 — Thu, 15 Feb 2024 17:20:33 GMT

@ShreksBFF wrote:
@Wavester64 wrote:
Seems like a nice card

Is Redstone geo-fenced?

What CB do they pull from?
Sign up for Financial Fitness Association to qualify for membership, they pull EX

@ShreksBFF Another question if I may - you mentioned signing up Financial Fitness Association to qualify for membership. Another thread (I forget who it was to give them credit) mentioned signing up for AUSA.org to qualify for membership. Is there a benefit for signing up one versus the other, or its all the same? TIA

Re: Redstone Pre-Approval...Pure Temptation

GZG — Thu, 15 Feb 2024 17:27:38 GMT

@Wavester64 wrote:
@ShreksBFF wrote:
@Wavester64 wrote:
Seems like a nice card

Is Redstone geo-fenced?

What CB do they pull from?
Sign up for Financial Fitness Association to qualify for membership, they pull EX
@ShreksBFF Another question if I may - you mentioned signing up Financial Fitness Association to qualify for membership. Another thread (I forget who it was to give them credit) mentioned signing up for AUSA.org to qualify for membership. Is there a benefit for signing up one versus the other, or its all the same? TIA

people did FFA until people found out that AUSA was free, I think that's all it was