topic Re: Wells Fargo in Credit Cards

Wells Fargo

southernficoaddict — Wed, 20 Aug 2008 18:10:22 GMT

We have an auto loan with WFAF that just hit 2 years with no lates. Our scores have come up any where fro 65-106 pts since April. We just got a call from WF offering us a Plat. Visa with a 5K limit and a 20 dollar AF. This is our highest CL EVER so I took it. Hey, I'll pay 20 bucks for a 5 k limit (right now anyway) Does anybody else have any experience with them and a CC?

Re: Wells Fargo

southernficoaddict — Wed, 20 Aug 2008 21:13:19 GMT

Shameless bump....

Re: Wells Fargo

Anonymous — Wed, 20 Aug 2008 21:18:48 GMT

pretty much how i obtained a cc from them, 5k line as well. after several unsucessful attempts for increases and rate reductions i finally told them to hug a root.

Re: Wells Fargo

southernficoaddict — Wed, 20 Aug 2008 21:24:18 GMT

Well, I think I'm going to use it to pay the cable bill every month and pay it off... This will put my overall util% @ 6%, and DH's @1.3%... He only has 1 cc, and an AU on my Wal-mart CC so he really needed another anyway.

Re: Wells Fargo

Anonymous — Wed, 20 Aug 2008 21:27:20 GMT

5K starting limit is great. Congrats.

Re: Wells Fargo

Anonymous — Wed, 20 Aug 2008 21:32:12 GMT

i'm sorry, yes congrats. i just reached a point were i could obtain a better product that would grow. i'm just a little bitter w/wf since they were happy to have me as a customer when i would pay an unattractive rate, but wanted no part of growing with me.

for the record i feel the same about first premeire, gemb, target, and hsbc.

Re: Wells Fargo

southernficoaddict — Wed, 20 Aug 2008 21:33:57 GMT

Thanks, I had just gotten up (work night shift) and was reallly loopy and thought she said 1k at first and was going to turn it down. I said " and that's a 1k CL?" and she said "no, that is a 5K CL" I 'bout dropped the phone. After getting a 500 wal-mart and a 750 HSBC 5K sound like a fortune to me.

I think this will do it for us for CC's for a while, maybe next year after these age a bit we'll try for something better. DH is going to have a fit because he thinks that just means we will be 5K in CC debt.

Re: Wells Fargo

southernficoaddict — Wed, 20 Aug 2008 21:37:00 GMT

We didn't have any open CC's before April and really crappy credit, so I guess we will just have to "pay our dues" (i.e higher interest rates and AF's) for a year or so and then DUMP THEM! when we get something better of course.

Re: Wells Fargo

nmorton79 — Wed, 20 Aug 2008 21:43:05 GMT

southernficoaddict wrote:
We have an auto loan with WFAF that just hit 2 years with no lates. Our scores have come up any where fro 65-106 pts since April. We just got a call from WF offering us a Plat. Visa with a 5K limit and a 20 dollar AF. This is our highest CL EVER so I took it. Hey, I'll pay 20 bucks for a 5 k limit (right now anyway) Does anybody else have any experience with them and a CC?

May I ask what your current scores are?

Re: Wells Fargo

southernficoaddict — Wed, 20 Aug 2008 21:45:27 GMT

TU: 677, EX: 711, EQ: 644,

but as I posted earlier, I think this has to do more with auto loan with them hitting 2 year mark with perfect history.

Re: Wells Fargo

Anonymous — Wed, 20 Aug 2008 21:47:05 GMT

way to go southernficoaddict.

i also have my truck financed through WFAF and was approved for my mortage through them.I have only had my truck loan for 4 months now..hope they do the same for me a $5000. cl sounds good right about now

Re: Wells Fargo

Anonymous — Wed, 20 Aug 2008 21:49:54 GMT

sorry home loan through wells fargo bank not wells fargo auto fin...

Re: Wells Fargo

southernficoaddict — Wed, 20 Aug 2008 21:49:56 GMT

Thanks, it's nice to know that somebody will give it to me after being told NO.

Re: Wells Fargo

Anonymous — Wed, 20 Aug 2008 22:17:26 GMT

a 700+ cleanish ex is well within the range for bank of america or american express. both have pre-approval links that are a soft pull, not that i'm instigating or enabling.

Re: Wells Fargo

athensguy — Wed, 20 Aug 2008 22:18:22 GMT

My gut feeling says that BoA or Amex would be a far better CCC to deal with than Wells. CUs might be even better.

Re: Wells Fargo

southernficoaddict — Thu, 21 Aug 2008 01:36:40 GMT

Oh well, just because I have it doesn't mean I have to use it. Like I said, I'm going to pay the cable bill and stick it in a drawer for the rest of the month.