topic Re: Was I wrong not to take preapproved offer? in Credit Cards

Was I wrong not to take preapproved offer?

TURNERHOOVER — Sun, 01 Feb 2015 00:36:45 GMT

Apped for citi simplicity. Denied.

Was pre-approved for Citi Diamond Preferred beforehand.

Passed on offer for CS.

Offer still stands. Now what?

Re: Was I wrong not to take preapproved offer?

gdale6 — Sun, 01 Feb 2015 00:40:52 GMT

@TURNERHOOVER wrote:
Apped for citi simplicity. Denied.
Was pre-approved for Citi Diamond Preferred beforehand.
Passed on offer for CS.
Offer still stands. Now what?

IMO you were not wrong, if the card doesnt fit into your spending patterns then there is no reason to obtain it, a pre app offer doesnt guarantee approval though, if anything changes from the time the offer was made they have the right to deny the app.

Re: Was I wrong not to take preapproved offer?

Anonymous — Sun, 01 Feb 2015 00:41:34 GMT

@TURNERHOOVER wrote:
Apped for citi simplicity. Denied.
Was pre-approved for Citi Diamond Preferred beforehand.
Passed on offer for CS.
Offer still stands. Now what?

Call recon and ask what's wrong.

Re: Was I wrong not to take preapproved offer?

TURNERHOOVER — Sun, 01 Feb 2015 00:48:01 GMT

@Anonymous wrote:
@TURNERHOOVER wrote:
Apped for citi simplicity. Denied.
Was pre-approved for Citi Diamond Preferred beforehand.
Passed on offer for CS.
Offer still stands. Now what?
Call recon and ask what's wrong.

Not sure what their recon number is?

Re: Was I wrong not to take preapproved offer?

TURNERHOOVER — Sun, 01 Feb 2015 00:48:42 GMT

@gdale6 wrote:
@TURNERHOOVER wrote:
Apped for citi simplicity. Denied.
Was pre-approved for Citi Diamond Preferred beforehand.
Passed on offer for CS.
Offer still stands. Now what?
IMO you were not wrong, if the card doesnt fit into your spending patterns then there is no reason to obtain it, a pre app offer doesnt guarantee approval though, if anything changes from the time the offer was made they have the right to deny the app.

Thx for the advice.

Re: Was I wrong not to take preapproved offer?

Anonymous — Sun, 01 Feb 2015 01:24:54 GMT

@TURNERHOOVER wrote:
@Anonymous wrote:
@TURNERHOOVER wrote:
Apped for citi simplicity. Denied.
Was pre-approved for Citi Diamond Preferred beforehand.
Passed on offer for CS.
Offer still stands. Now what?
Call recon and ask what's wrong.
Not sure what their recon number is?

Use the backdoor / recon numbers thread; if something isn't there, let's get it entered rather than for-profit-blog sharing. --Revelate, myFICO moderator

Re: Was I wrong not to take preapproved offer?

TURNERHOOVER — Sun, 01 Feb 2015 01:25:28 GMT

@Anonymous wrote:
@TURNERHOOVER wrote:
@Anonymous wrote:
@TURNERHOOVER wrote:
Apped for citi simplicity. Denied.
Was pre-approved for Citi Diamond Preferred beforehand.
Passed on offer for CS.
Offer still stands. Now what?
Call recon and ask what's wrong.
Not sure what their recon number is?

THX!

Re: Was I wrong not to take preapproved offer?

Anonymous — Sun, 01 Feb 2015 00:56:49 GMT

you should look at the date on the Diamond offer. It mightve timed out with the RSVP. Regardless of having received the Diamond offer, there's no guarantee of approval and if your credit file changed in the meantime, it could have a negative effect on the whole process. That being said, I think if you were 'approved' for Diamond, Simplicity should've been a no brainer. Especially because Simplicity is a points card with a higher base APR than Diamond (diamonds rewards are kinda stupid for my purposes, though I have the card...) I would recon.

Re: Was I wrong not to take preapproved offer?

TURNERHOOVER — Sun, 01 Feb 2015 01:03:08 GMT

@Anonymous wrote:
you should look at the date on the Diamond offer. It mightve timed out with the RSVP. Regardless of having received the Diamond offer, there's no guarantee of approval and if your credit file changed in the meantime, it could have a negative effect on the whole process. That being said, I think if you were 'approved' for Diamond, Simplicity should've been a no brainer. Especially because Simplicity is a points card with a higher base APR than Diamond (diamonds rewards are kinda stupid for my purposes, though I have the card...) I would recon.

Definitely going to recon soon.

Re: Was I wrong not to take preapproved offer?

B335is — Sun, 01 Feb 2015 07:52:20 GMT

Citi reconsideration is iffy at best, but for the best chance you need to contact their EO. Theyre friendly people.

Re: Was I wrong not to take preapproved offer?

Anonymous — Sun, 01 Feb 2015 15:59:05 GMT

@TURNERHOOVER wrote:
@Anonymous wrote:
you should look at the date on the Diamond offer. It mightve timed out with the RSVP. Regardless of having received the Diamond offer, there's no guarantee of approval and if your credit file changed in the meantime, it could have a negative effect on the whole process. That being said, I think if you were 'approved' for Diamond, Simplicity should've been a no brainer. Especially because Simplicity is a points card with a higher base APR than Diamond (diamonds rewards are kinda stupid for my purposes, though I have the card...) I would recon.
Definitely going to recon soon.

@TURNERHOOVER,

Often times, a pre-approval with a code that comes in a mail can be a denial if your credit profile doesn't support it. Those are often marketing techniques these CCC uses. But like others have stated, recon and hope the best for you.