topic Re: USAirways APR - Tad Surprised in Credit Cards

USAirways APR - Tad Surprised

Creditaddict — Sun, 05 Apr 2015 00:14:23 GMT

I know there has been chatter about it but partners card arrived and in the kit with cards is the apr disclosure and also the TU Fico used to decide the APR and CL.

Partner received a $10k line and then moved $10k reward to it to make his USAirways $20k

The APR he received is 19.99% (isn't this tier 2 on this card?)

His TU Fico sited in the paperwork is a 770!

What do these people want for Tier1?!!?

Re: USAirways APR - Tad Surprised

Anonymous — Sun, 05 Apr 2015 00:15:11 GMT

@Creditaddict wrote:
I know there has been chatter about it but partners card arrived and in the kit with cards is the apr disclosure and also the TU Fico used to decide the APR and CL.

Partner received a $10k line and then moved $10k reward to it to make his USAirways $20k
The APR he received is 19.99% (isn't this tier 2 on this card?)
His TU Fico sited in the paperwork is a 770!

What do these people want for Tier1?!!?

@Anonymous mother got Tier 1 @ 15.99% with a 809 TU FICO.

Re: USAirways APR - Tad Surprised

mongstradamus — Sun, 05 Apr 2015 00:16:55 GMT

@Anonymous wrote:
@Creditaddict wrote:
I know there has been chatter about it but partners card arrived and in the kit with cards is the apr disclosure and also the TU Fico used to decide the APR and CL.

Partner received a $10k line and then moved $10k reward to it to make his USAirways $20k
The APR he received is 19.99% (isn't this tier 2 on this card?)
His TU Fico sited in the paperwork is a 770!

What do these people want for Tier1?!!?
@Anonymous mother got Tier 1 @ 15.99% with a 809 TU FICO.

i also got 15.99% on my us airways card i was in the upper 700s as well as far as TU score was concerned

Re: USAirways APR - Tad Surprised

Creditaddict — Sun, 05 Apr 2015 00:17:10 GMT

@Anonymous wrote:
@Creditaddict wrote:
I know there has been chatter about it but partners card arrived and in the kit with cards is the apr disclosure and also the TU Fico used to decide the APR and CL.

Partner received a $10k line and then moved $10k reward to it to make his USAirways $20k
The APR he received is 19.99% (isn't this tier 2 on this card?)
His TU Fico sited in the paperwork is a 770!

What do these people want for Tier1?!!?
@Anonymous mother got Tier 1 @ 15.99% with a 809 TU FICO.

I WOULD HOPE SO!!!!

Re: USAirways APR - Tad Surprised

Imperfectfuture — Sun, 05 Apr 2015 00:42:06 GMT

Recent cards opened (as in my case, since this was an unplanned app). They take that into consideration with hard pulls. Along the way, you can request apr reduction.

Re: USAirways APR - Tad Surprised

longtime_lurker — Sun, 05 Apr 2015 01:16:49 GMT

@Imperfectfuture wrote:
Recent cards opened (as in my case, since this was an unplanned app). They take that into consideration with hard pulls. Along the way, you can request apr reduction.

What's Barclay's policy on this? My SM started with best APR, US Air handed me 24.99 with 759 TU FICO from Discover statement that updated 2 days before app.

Re: USAirways APR - Tad Surprised

B335is — Sun, 05 Apr 2015 01:20:09 GMT

Barclays appears to be a subsidiary of GECRB in this regard. I believe Tier 1 credit is determined by throwing a dart and hitting the bullseye.

Re: USAirways APR - Tad Surprised

jsucool76 — Sun, 05 Apr 2015 01:44:34 GMT

I got 24.99% with my TU score in the 740s

Re: USAirways APR - Tad Surprised

mongstradamus — Sun, 05 Apr 2015 01:46:18 GMT

@B335is wrote:
Barclays appears to be a subsidiary of GECRB in this regard. I believe Tier 1 credit is determined by throwing a dart and hitting the bullseye.

I like terms barclays gave me an lot better than what citi gave me when i applied for both cards around the same time i can tell you that much :-)

Re: USAirways APR - Tad Surprised

TheGardner — Sun, 05 Apr 2015 02:00:16 GMT

I think mine is 21.99 with 770 fico. Barclaycard is random, was wondering if Apr reduction is possible /easy

Re: USAirways APR - Tad Surprised

ddemari — Sun, 05 Apr 2015 02:16:02 GMT

Totally agree with someone said earlier at sych/gemcb and how their tier this card.

When i received it last year my tu fico 670 and i got 24.99. U need over 800 to get tier 1

Re: USAirways APR - Tad Surprised

Anonymous — Sun, 05 Apr 2015 02:18:40 GMT

I got 24.99% with ~685 TU FICO, 0 Inquiries at time.

Re: USAirways APR - Tad Surprised

Anonymous — Sun, 05 Apr 2015 03:07:07 GMT

I thought it was just me and a bit surprised when I got hit with 19.99%; TU FICO was at it's highest (for me) of 775

Tough crowd.

Re: USAirways APR - Tad Surprised

Sharingan — Sun, 05 Apr 2015 03:36:51 GMT

As I've mentioned the last week or so, I got 24.99 with an almost 770 score. I had 0 trouble getting the lowest rate on the Arrival last summer with a 720-ish score and slightly higher utilization, inquiries, and new accounts. My only guess is that there was a surge in applicants towards the end of this card's life, and they felt less compelled to hand out competitive rates. I will likely transfer most of the credit limit to my Arrival to bring it close to 20k, and leave 1-2k for the incoming Aviator Red card until I close it next year.

Re: USAirways APR - Tad Surprised

lhcole77 — Sun, 05 Apr 2015 04:56:49 GMT

I'm convinced Barclays takes into consideration new TLs, INQs and UTL when determining tiers.

Arrival was 18.99% with 761 FICO, but two new accts reporting.

USAir was 24.99% with 730 FICO, but 1 INQ in last year and several new accts in last year.

Re: USAirways APR - Tad Surprised

mongstradamus — Sun, 05 Apr 2015 05:10:34 GMT

@lhcole77 wrote:
I'm convinced Barclays takes into consideration new TLs, INQs and UTL when determining tiers.

Arrival was 18.99% with 761 FICO, but two new accts reporting.

USAir was 24.99% with 730 FICO, but 1 INQ in last year and several new accts in last year.

I don't know if I didn't have any TU inq since my CSP last may wheni apped for us air in november.I did app in october for Ink Plus and Amex EDP which were both EX hp so didn't affect inq who knows. Now i feel lucky i got an fairly good CL and apr :-) It was my first barclays card ever

Re: USAirways APR - Tad Surprised

Imperfectfuture — Sun, 05 Apr 2015 05:37:13 GMT

@lhcole77 wrote:
I'm convinced Barclays takes into consideration new TLs, INQs and UTL when determining tiers.

Arrival was 18.99% with 761 FICO, but two new accts reporting.

USAir was 24.99% with 730 FICO, but 1 INQ in last year and several new accts in last year.

Bingo. Since US Airways wasn't a planned app for me, I am sure the new cards and AAoA played a role. They use straight fico 08 that is on this site, matches exactly. Approved with 751, instant. But mid tier 19.99 (and I've seen better profiles with that tier). If you throw them a bone or two (a little interest), they are much more likely to lower the apr after 6 months,

Re: USAirways APR - Tad Surprised

lhcole77 — Sun, 05 Apr 2015 15:20:07 GMT

@mongstradamus wrote:

I don't know if I didn't have any TU inq since my CSP last may wheni apped for us air in november.I did app in october for Ink Plus and Amex EDP which were both EX hp so didn't affect inq who knows. Now i feel lucky i got an fairly good CL and apr :-) It was my first barclays card ever

Congrats on low rate! Lucky duck

Re: USAirways APR - Tad Surprised

lhcole77 — Sun, 05 Apr 2015 15:25:07 GMT

@Imperfectfuture wrote:
Bingo. Since US Airways wasn't a planned app for me, I am sure the new cards and AAoA played a role. They use straight fico 08 that is on this site, matches exactly. Approved with 751, instant. But mid tier 19.99 (and I've seen better profiles with that tier). If you throw them a bone or two (a little interest), they are much more likely to lower the apr after 6 months,

B-I-N-G-O!

Re: USAirways APR - Tad Surprised

mongstradamus — Sun, 05 Apr 2015 18:55:23 GMT

@lhcole77 wrote:
@mongstradamus wrote:

I don't know if I didn't have any TU inq since my CSP last may wheni apped for us air in november.I did app in october for Ink Plus and Amex EDP which were both EX hp so didn't affect inq who knows. Now i feel lucky i got an fairly good CL and apr :-) It was my first barclays card ever
Congrats on low rate! Lucky duck

i guess was lucky with barclays not so much with citi , 17.99 apr with 6k limit boo :-(