topic Re: us bank reliability in Credit Cards

us bank reliability

Anonymous — Thu, 02 Jul 2015 06:27:55 GMT

how reliable are their prequals? i got 3 prequal offers, but idk if they're like discover and BofA or if they're like chase...

Re: us bank reliability

B335is — Thu, 02 Jul 2015 06:29:48 GMT

Most people will say they're hit or miss but I've been pretty fortunate with their pre quals. How are your CR?

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 06:40:04 GMT

not too great that's why i ask lol.

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 06:44:56 GMT

mid to upper 600 scores, 3 30 day lates and 1 60 day late in a year, 1% of utilzation reporting.

checked chase prequal and they said my prequal is the slate. i have freedom and chase amazon and i have 4 accounts open in the last 3 months, and 5 in the last 2 years. knowing that then why are they giving me a prequal lol

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 07:41:14 GMT

I get nothing from them, ever! Not sure their site works so well. Kind of like Discover & BofA. I think you would just have to take a chance.

Re: us bank reliability

FinStar — Thu, 02 Jul 2015 11:21:19 GMT

@Anonymous wrote:
I get nothing from them, ever! Not sure their site works so well. Kind of like Discover & BofA. I think you would just have to take a chance.

OP - the only way to know is if and when you apply. If your credit profile is in the not-so-good category then save yourself a HP. US Bank tends to be a bit on the conservative end, and if declined, it's doubtful you could make a case to overturn the decision.

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 13:11:02 GMT

TOTALLY YMMV, but here was my experience. I hadn't checked for prequals, but just a US Bank card experience.

I wanted a Cash+ but had just gotten 4 cards (between primary and au). I opened a checking account with them (was part of applying for a heloc, but I don't think that mattered). As part of the whole walk-through in branch of opening checking, there was a list of CC offers. I got my Cash+. I don't know if they're still offering $125 for opening a checking (it was only $75 when I got it) but they seem to be pretty relationship driven and if you forsee wanting to do business with them, I'd go for a checking account. If you have a CC with them, the monthly fees are waived on a gold checking (at least in my area). IDK if it mattered, but it was opened as a platinum package (first two months free) and I'm having it down graded to gold...platinum has fees waived with heloc, CC only waives fees on gold.

They've also got a savings thing where if you 'get' $1000 into your savings account, they give you a $50 giftcard. Then if you leave it there for 1 year, you get another. You have to have it transfered there via a 'savings goal'. So I had $25 transferred the first month, but when I was in a position to park $1000 there, I transferred the other $975. I just got my first $50 and will wait for my second. I'm just spreading out my emergency cash. (letting DCU give me 3% on $500 too).

So US Bank may have been ultra-low on what they valued my house on preventing the heloc, but I got my Cash+ and have made $125 off of them so far. And the branch manager loves us. He will continue to court us, I think. He knows they blew it on the appraisal.

Re: us bank reliability

Creditaddict — Thu, 02 Jul 2015 15:22:16 GMT

Offer online checking the pre-qual yourself I don't think they are good at all.

Offer on your banking site or in the bank are fantastic!

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 15:23:35 GMT

yeah then i am good lol.

Re: us bank reliability

CreditCuriosity — Thu, 02 Jul 2015 15:27:23 GMT

Only sure thing offers from us bank are pre-approvals in the mail and even those can not be sure if you credit profile has recently changed.. They do offer true pre-approvals by snail mail.. Website, don't trust. Only you will know truely if you credit supports the product you are going after

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 15:29:35 GMT

don't think it does lol. just being honest

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 16:04:50 GMT

Im torn with US bank aswell. Ive had basic cash rewards and a checking account with them for a little over a year.

I really want the Cash+ I feel like its perfect to auto pay cell phone and gym memberships.

Ive just gotten around 10k in CLI's on my other cards might wait to see if my score pops up a little more in a couple months and go for it.

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 16:17:41 GMT

@Anonymous wrote:
TOTALLY YMMV, but here was my experience. I hadn't checked for prequals, but just a US Bank card experience.

I wanted a Cash+ but had just gotten 4 cards (between primary and au). I opened a checking account with them (was part of applying for a heloc, but I don't think that mattered). As part of the whole walk-through in branch of opening checking, there was a list of CC offers. I got my Cash+. I don't know if they're still offering $125 for opening a checking (it was only $75 when I got it) but they seem to be pretty relationship driven and if you forsee wanting to do business with them, I'd go for a checking account. If you have a CC with them, the monthly fees are waived on a gold checking (at least in my area). IDK if it mattered, but it was opened as a platinum package (first two months free) and I'm having it down graded to gold...platinum has fees waived with heloc, CC only waives fees on gold.

They've also got a savings thing where if you 'get' $1000 into your savings account, they give you a $50 giftcard. Then if you leave it there for 1 year, you get another. You have to have it transfered there via a 'savings goal'. So I had $25 transferred the first month, but when I was in a position to park $1000 there, I transferred the other $975. I just got my first $50 and will wait for my second. I'm just spreading out my emergency cash. (letting DCU give me 3% on $500 too).

So US Bank may have been ultra-low on what they valued my house on preventing the heloc, but I got my Cash+ and have made $125 off of them so far. And the branch manager loves us. He will continue to court us, I think. He knows they blew it on the appraisal.

I love that you had a good experience with US Bank. If the bm thinks they blew it on the appraisal (which initially is just a drive-by appraisal) then the bm can request a full appraisal. It need DM approval but it can be done if you truly believe the house is worth more.

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 16:18:06 GMT

All it ever comes up with for me is their pre-paid debit card. I could probably get that one.

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 16:20:00 GMT

@Anonymous wrote:
Im torn with US bank aswell. Ive had basic cash rewards and a checking account with them for a little over a year.

I really want the Cash+ I feel like its perfect to auto pay cell phone and gym memberships.

Ive just gotten around 10k in CLI's on my other cards might wait to see if my score pops up a little more in a couple months and go for it.

If your relationship with them has been solid ..no lates not too many inquiries etc...you may be good to try now. They have an internal score for us bank customers and that means alot.

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 16:20:25 GMT

@Anonymous wrote:
All it ever comes up with for me is their pre-paid debit card. I could probably get that one.

That was hilarious! Me too!!

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 16:25:30 GMT

@Anonymous wrote:
@Anonymous wrote:
TOTALLY YMMV, but here was my experience. I hadn't checked for prequals, but just a US Bank card experience.

I wanted a Cash+ but had just gotten 4 cards (between primary and au). I opened a checking account with them (was part of applying for a heloc, but I don't think that mattered). As part of the whole walk-through in branch of opening checking, there was a list of CC offers. I got my Cash+. I don't know if they're still offering $125 for opening a checking (it was only $75 when I got it) but they seem to be pretty relationship driven and if you forsee wanting to do business with them, I'd go for a checking account. If you have a CC with them, the monthly fees are waived on a gold checking (at least in my area). IDK if it mattered, but it was opened as a platinum package (first two months free) and I'm having it down graded to gold...platinum has fees waived with heloc, CC only waives fees on gold.

They've also got a savings thing where if you 'get' $1000 into your savings account, they give you a $50 giftcard. Then if you leave it there for 1 year, you get another. You have to have it transfered there via a 'savings goal'. So I had $25 transferred the first month, but when I was in a position to park $1000 there, I transferred the other $975. I just got my first $50 and will wait for my second. I'm just spreading out my emergency cash. (letting DCU give me 3% on $500 too).

So US Bank may have been ultra-low on what they valued my house on preventing the heloc, but I got my Cash+ and have made $125 off of them so far. And the branch manager loves us. He will continue to court us, I think. He knows they blew it on the appraisal.
I love that you had a good experience with US Bank. If the bm thinks they blew it on the appraisal (which initially is just a drive-by appraisal) then the bm can request a full appraisal. It need DM approval but it can be done if you truly believe the house is worth more.

Long story which I told in the mortgage forum, but I accepted the heloc, signed, THEN changed my mind and refi'd with someone else first (baddies off early made scores go up earlier than expected). Full appraisal through other lender was significantly higher than USB drive by. RE-APPLIED with USB since I had to exercise 3-day right to recision on the first heloc and BM said they'd do full appraisal. Nope. Said not for six months. So second hard pull on both of our EX for really no reason. Not happy about that. But I'm think in the long run it could be a good relationship, so I'm not too ticked.

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 17:57:20 GMT

captool that's why i asked because it recommended the cash+ and two travel ones and then i gave made up info and it did the prepaid debit with $4 reload fee lol

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 17:59:42 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
TOTALLY YMMV, but here was my experience. I hadn't checked for prequals, but just a US Bank card experience.

I wanted a Cash+ but had just gotten 4 cards (between primary and au). I opened a checking account with them (was part of applying for a heloc, but I don't think that mattered). As part of the whole walk-through in branch of opening checking, there was a list of CC offers. I got my Cash+. I don't know if they're still offering $125 for opening a checking (it was only $75 when I got it) but they seem to be pretty relationship driven and if you forsee wanting to do business with them, I'd go for a checking account. If you have a CC with them, the monthly fees are waived on a gold checking (at least in my area). IDK if it mattered, but it was opened as a platinum package (first two months free) and I'm having it down graded to gold...platinum has fees waived with heloc, CC only waives fees on gold.

They've also got a savings thing where if you 'get' $1000 into your savings account, they give you a $50 giftcard. Then if you leave it there for 1 year, you get another. You have to have it transfered there via a 'savings goal'. So I had $25 transferred the first month, but when I was in a position to park $1000 there, I transferred the other $975. I just got my first $50 and will wait for my second. I'm just spreading out my emergency cash. (letting DCU give me 3% on $500 too).

So US Bank may have been ultra-low on what they valued my house on preventing the heloc, but I got my Cash+ and have made $125 off of them so far. And the branch manager loves us. He will continue to court us, I think. He knows they blew it on the appraisal.
I love that you had a good experience with US Bank. If the bm thinks they blew it on the appraisal (which initially is just a drive-by appraisal) then the bm can request a full appraisal. It need DM approval but it can be done if you truly believe the house is worth more.
Long story which I told in the mortgage forum, but I accepted the heloc, signed, THEN changed my mind and refi'd with someone else first (baddies off early made scores go up earlier than expected). Full appraisal through other lender was significantly higher than USB drive by. RE-APPLIED with USB since I had to exercise 3-day right to recision on the first heloc and BM said they'd do full appraisal. Nope. Said not for six months. So second hard pull on both of our EX for really no reason. Not happy about that. But I'm think in the long run it could be a good relationship, so I'm not too ticked.

Ohhhh.. I see..yes its always six months if someone has backed out of a deal. Im surprised the BM didnt know that. Can you get a heloc with the institution you refi'd with?

Re: us bank reliability

Anonymous — Thu, 02 Jul 2015 18:03:35 GMT

Sorry for the tangent OP:

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
TOTALLY YMMV, but here was my experience. I hadn't checked for prequals, but just a US Bank card experience.

I wanted a Cash+ but had just gotten 4 cards (between primary and au). I opened a checking account with them (was part of applying for a heloc, but I don't think that mattered). As part of the whole walk-through in branch of opening checking, there was a list of CC offers. I got my Cash+. I don't know if they're still offering $125 for opening a checking (it was only $75 when I got it) but they seem to be pretty relationship driven and if you forsee wanting to do business with them, I'd go for a checking account. If you have a CC with them, the monthly fees are waived on a gold checking (at least in my area). IDK if it mattered, but it was opened as a platinum package (first two months free) and I'm having it down graded to gold...platinum has fees waived with heloc, CC only waives fees on gold.

They've also got a savings thing where if you 'get' $1000 into your savings account, they give you a $50 giftcard. Then if you leave it there for 1 year, you get another. You have to have it transfered there via a 'savings goal'. So I had $25 transferred the first month, but when I was in a position to park $1000 there, I transferred the other $975. I just got my first $50 and will wait for my second. I'm just spreading out my emergency cash. (letting DCU give me 3% on $500 too).

So US Bank may have been ultra-low on what they valued my house on preventing the heloc, but I got my Cash+ and have made $125 off of them so far. And the branch manager loves us. He will continue to court us, I think. He knows they blew it on the appraisal.
I love that you had a good experience with US Bank. If the bm thinks they blew it on the appraisal (which initially is just a drive-by appraisal) then the bm can request a full appraisal. It need DM approval but it can be done if you truly believe the house is worth more.
Long story which I told in the mortgage forum, but I accepted the heloc, signed, THEN changed my mind and refi'd with someone else first (baddies off early made scores go up earlier than expected). Full appraisal through other lender was significantly higher than USB drive by. RE-APPLIED with USB since I had to exercise 3-day right to recision on the first heloc and BM said they'd do full appraisal. Nope. Said not for six months. So second hard pull on both of our EX for really no reason. Not happy about that. But I'm think in the long run it could be a good relationship, so I'm not too ticked.
Ohhhh.. I see..yes its always six months if someone has backed out of a deal. Im surprised the BM didnt know that. Can you get a heloc with the institution you refi'd with?

No, they don't do helocs. But it's all good. With the cash out refi, I just want it as insurance for when some 0% things end next summer. I'll just wait until next spring or so. And if vaues don't go the right way, I've got lots of other options now so I'm not stressed.

Since you seem to have some knowledge on this, do you think there's any point in trying to pursue getting second pull removed that it sounds like BM should have known shouldn't have happened?