topic US Bank Triple Cash Approval in Business Credit

US Bank Triple Cash Approval

BearsCubsOtters — Wed, 06 Jul 2022 22:35:07 GMT

I have had my eye on this card for awhile. I was hesitating because I did not want a HP; however, after being denied the Citizens Business card in May and the GM Business card in June (both due to "earnings insufficient for amount of credit requested"), I decided to go for a tried and true bank.

US Bank has sent me several Triple Cash mailers over the past year; in fact, there was another today along with the approved card. At some point last year, US Bank switched the Triple Cash from a MasterCard to Visa. Thanks to both @M_Smart007 (https://ficoforums.myfico.com/t5/Business-Credit/U-S-Bank-Triple-Cash-Rewards-Card-Approval/td-p/6449089) and @SouthJamaica (https://ficoforums.myfico.com/t5/Business-Credit/US-Bank-introduces-Mastercard-version-of-Triple-Cash-Rewards/m-p/6544435#M42748) I knew that I could use an old link to apply for the MasterCard version.

Cold apped on Thursday, June 23, 2022 from the Forbes link included in SouthJamaica's post. No instant approval. TU 832 FICO.

Called the robolady on Monday, June 27, 2022 "Congratulations! Your application has been approved...."

Tuesday, June 28, 2022, the new Triple Cash appeared on my US Bank online banking with my US Bank Gold checking and US Bank Business Platinum Visa. Received "Congratulations" email.

SL: $9,000.00

Sign-up bonus: Spend $4,500.00 in 150 days receive $500.00 statement credit

Intro APR: 0% APR on purchases and balance transfers for 15 months

Ongoing APR: 15.49%

FICO: 832 TU (829 after app due to HP)

Inquiries: 1 (2/18/2022 from BofA for my BofA Unlimited Cash Rewards Business MasterCard)

AAoA: 16 years

1/12: (on personal) Amex personal loan opened 11/2021

Existing US Bank relationship: Gold checking and Business Platinum Visa ($8,000 limit)

1% credit usage

I am adding photos to prove 1) it was approved 2) it is a MasterCard and 3) to be like M_Smart007:

MyFico USB card 2.JPGMyFico USB email.JPGMyFico USB.JPG

Thanks for reading.

Re: US Bank Triple Cash Approval

SouthJamaica — Thu, 07 Jul 2022 04:13:00 GMT

@BearsCubsOtters wrote:
I have had my eye on this card for awhile. I was hesitating because I did not want a HP; however, after being denied the Citizens Business card in May and the GM Business card in June (both due to "earnings insufficient for amount of credit requested"), I decided to go for a tried and true bank.

US Bank has sent me several Triple Cash mailers over the past year; in fact, there was another today along with the approved card. At some point last year, US Bank switched the Triple Cash from a MasterCard to Visa. Thanks to both @M_Smart007 (https://ficoforums.myfico.com/t5/Business-Credit/U-S-Bank-Triple-Cash-Rewards-Card-Approval/td-p/6449089) and @SouthJamaica (https://ficoforums.myfico.com/t5/Business-Credit/US-Bank-introduces-Mastercard-version-of-Triple-Cash-Rewards/m-p/6544435#M42748) I knew that I could use an old link to apply for the MasterCard version.

Cold apped on Thursday, June 23, 2022 from the Forbes link included in SouthJamaica's post. No instant approval. TU 832 FICO.

Called the robolady on Monday, June 27, 2022 "Congratulations! Your application has been approved...."

Tuesday, June 28, 2022, the new Triple Cash appeared on my US Bank online banking with my US Bank Gold checking and US Bank Business Platinum Visa. Received "Congratulations" email.

SL: $9,000.00
Sign-up bonus: Spend $4,500.00 in 150 days receive $500.00 statement credit
Intro APR: 0% APR on purchases and balance transfers for 15 months
Ongoing APR: 15.49%
FICO: 832 TU (829 after app due to HP)
Inquiries: 1 (2/18/2022 from BofA for my BofA Unlimited Cash Rewards Business MasterCard)
AAoA: 16 years
1/12: (on personal) Amex personal loan opened 11/2021
Existing US Bank relationship: Gold checking and Business Platinum Visa ($8,000 limit)
1% credit usage

I am adding photos to prove 1) it was approved 2) it is a MasterCard and 3) to be like M_Smart007:

MyFico USB card 2.JPGMyFico USB email.JPGMyFico USB.JPG
Thanks for reading.

Congratulations. Good card.

Re: US Bank Triple Cash Approval

babygirl1256 — Thu, 07 Jul 2022 07:21:21 GMT

Congrats on your US Bank Triple Cash approval.

Re: US Bank Triple Cash Approval

mau471 — Thu, 07 Jul 2022 11:50:04 GMT

Congrats on your new card! Out of curiosity, why did you want the MC over Visa?

Re: US Bank Triple Cash Approval

URHomeInvestments — Thu, 07 Jul 2022 17:37:51 GMT

Nice! And not too surprising given your great FICO + relationship. You are taking all the right actions to move the needle!

Re: US Bank Triple Cash Approval

BearsCubsOtters — Thu, 07 Jul 2022 20:56:18 GMT

@mau471 wrote:
Congrats on your new card! Out of curiosity, why did you want the MC over Visa?

Thank you! Primarily to differentiate it from my US Bank Business Platinum Visa and also because Triple Cash, as far as I know, is just a Visa. With this being a MasterCard, It is World Elite.

Re: US Bank Triple Cash Approval

BearsCubsOtters — Thu, 07 Jul 2022 20:57:44 GMT

@URHomeInvestments wrote:
Nice! And not too surprising given your great FICO + relationship. You are taking all the right actions to move the needle!

You'd think...but after being declined Citizens and GM Business (Marcus/Goldman Sachs) I was a little worried, especially as it was not instant (which is actually typical of USBank). Scores are not everything for sure. Citizens and GM want to see a lot of spend it seems.

Re: US Bank Triple Cash Approval

mau471 — Thu, 07 Jul 2022 21:18:50 GMT

Got it, that makes total sense, I didn't think about potential World Elite benefits compared to plain visa since so many issuers have nerfed benefits to save a buck (looking at you Citi and Synchrony to name a couple) so it's not much more than a label in a lot of cases. Hopefully its got some good perks left, not sure how US Bank fares there.

Re: US Bank Triple Cash Approval

cashorcharge — Sun, 10 Jul 2022 18:19:33 GMT

Nicely done! Solid USBank Approval @BearsCubsOtters ! Congratulations 🎉🍾🥂