topic Re: JCB Card Quick Question in Credit Cards

JCB Card Quick Question

Anonymous — Mon, 13 Apr 2015 22:31:17 GMT

Just curious if JCB reports to all three majors? Just got approved today.

Re: JCB Card Quick Question

hiro905 — Mon, 13 Apr 2015 22:37:58 GMT

yes they do

Re: JCB Card Quick Question

Anonymous — Mon, 13 Apr 2015 22:47:02 GMT

Thanks!

Re: JCB Card Quick Question

joedtx — Mon, 13 Apr 2015 23:07:15 GMT

Congrats on your JCB card. Many will be envious of you that is a tough card to get.

Re: JCB Card Quick Question

Anonymous — Mon, 13 Apr 2015 23:53:39 GMT

I know! I am lucky. And my credit is certainly not perfect. They pulled EX with a Fico of 706 and then TU a day later which was 685 at the time. They sent me copies of the scores with a letter asking for my tax return (proof of income) and proof the business I work for existed. I wrote them back and sent them what they asked for and included a nice letter thanking them for considering my application and I even included some Japanese in it indicating that I was excited to start doing business with them, which is true. I called the LA office to follow up today and they recieved my documents and approved my app with a $2k credit line. So I would encourage others to recon if they are denied, they are very nice people and to call the LA office.

Re: JCB Card Quick Question

Anonymous — Tue, 14 Apr 2015 00:39:10 GMT

Nice. I have been thinking of this card. I wonder if I apply at a marukai store it's the same verification stuff that it seems like everyone who has been approved goes through. It's not a big deal to send in the tax return stuff, just easier to not have too. Haha. I might ask someone there next time i go in a couple weeks.

Re: JCB Card Quick Question

B335is — Tue, 14 Apr 2015 01:37:18 GMT

Congrats!! I just shredded my application because I heard they were inq sensitive. How many inq on EX did you have?

Re: JCB Card Quick Question

happypill — Tue, 14 Apr 2015 03:15:20 GMT

Congrats on the approval! I'm wondering, did ithey ask for your tax returns because you are self-employed, or do they do that for everyone.

Re: JCB Card Quick Question

Anonymous — Tue, 14 Apr 2015 19:44:30 GMT

They don't have an online app that I found, I have to fill it out and mail it in, but the turnaround was very fast.

Re: JCB Card Quick Question

Anonymous — Tue, 14 Apr 2015 19:45:45 GMT

I have a lot of EX inquires, around 20 when they pulled mine, but many were for business leasing as I am the principal of a company that does a lot in that sector. Also shopping for a mortgage as well.

Re: JCB Card Quick Question

Anonymous — Tue, 14 Apr 2015 19:47:30 GMT

They asked becasue I am employed by a company I own. I'm not really self-employed though, my company has around a dozen employees. But I didn't mind the question and the ask for a tax return.

Re: JCB Card Quick Question

Anonymous — Sun, 19 Jul 2015 03:47:53 GMT

@joedtx wrote:
Congrats on your JCB card. Many will be envious of you that is a tough card to get.

I didn't want to clutter the forum and start a new thread... But why do you say JCB is a tough card to get?

Re: JCB Card Quick Question

Anonymous — Sun, 19 Jul 2015 03:49:45 GMT

@Anonymous wrote:
I know! I am lucky. And my credit is certainly not perfect. They pulled EX with a Fico of 706 and then TU a day later which was 685 at the time. They sent me copies of the scores with a letter asking for my tax return (proof of income) and proof the business I work for existed. I wrote them back and sent them what they asked for and included a nice letter thanking them for considering my application and I even included some Japanese in it indicating that I was excited to start doing business with them, which is true. I called the LA office to follow up today and they recieved my documents and approved my app with a $2k credit line. So I would encourage others to recon if they are denied, they are very nice people and to call the LA office.

Wow, only a $2,000 credit limit... They seem very strict. I wanted to get a JCB since i live in Hawaii and the 3% looks very attractive, but if they only approve small denominations, maybe i'll consider otherwise.

Re: JCB Card Quick Question

Anonymous — Sun, 19 Jul 2015 04:12:06 GMT

@Anonymous wrote:
@joedtx wrote:
Congrats on your JCB card. Many will be envious of you that is a tough card to get.
I didn't want to clutter the forum and start a new thread... But why do you say JCB is a tough card to get?

They give low limits and ask for more verification upfront than most banks.

750 scores and low six figure income got me a 4k limit and that seems to be high for them, for reference.

Re: JCB Card Quick Question

Anonymous — Sun, 19 Jul 2015 05:36:25 GMT

@Anonymous wrote:
@Anonymous wrote:
@joedtx wrote:
Congrats on your JCB card. Many will be envious of you that is a tough card to get.
I didn't want to clutter the forum and start a new thread... But why do you say JCB is a tough card to get?

They give low limits and ask for more verification upfront than most banks.

750 scores and low six figure income got me a 4k limit and that seems to be high for them, for reference.

Thanks. That 3% flat cash back after $3k in spending looks realy nice. Maybe i'll apply just before gardening. We have similar profiles, 750 across the board and low 6 figures.

Re: JCB Card Quick Question

Revelate — Sun, 19 Jul 2015 08:33:21 GMT

Hrm, this is one of my unicorn cards; I can delay some other stuff for a month after the mortgage / CSP while going through the paperwork on this one.

The starter lines universally suck, and it's a HP on TU apparently for a $500 increase every six months... but post mortgage I really don't have much I need my TU account for (like ever as a 10 year Cali resident) so maybe will just take the flier application now. Worst case I get denied, oh noes!

Re: JCB Card Quick Question

EvilR-T — Sun, 19 Jul 2015 21:00:50 GMT

They asked for proof of income with a 750 and no baddies?

They give low limits and ask for more verification upfront than most banks.
750 scores and low six figure income got me a 4k limit and that seems to be high for them, for reference.

Re: JCB Card Quick Question

rlx01 — Sun, 19 Jul 2015 21:07:46 GMT

They ask for POI from everyone.

They're manually underwrite every card. It's an interesting card.

Re: JCB Card Quick Question

Anonymous — Mon, 20 Jul 2015 00:15:49 GMT

This card should be accepted anywhere that takes Discover, right?

Also, having to mail a paper app probably means you have to mail paper checks to them (or have your bank's bill pay do so for you) I'm betting. I don't know how I feel about that.

Re: JCB Card Quick Question

Revelate — Mon, 20 Jul 2015 03:54:00 GMT

@Anonymous wrote:
This card should be accepted anywhere that takes Discover, right?

Also, having to mail a paper app probably means you have to mail paper checks to them (or have your bank's bill pay do so for you) I'm betting. I don't know how I feel about that.

It's not; in person transactions work OK depending on area, online is terribly hit or miss as apparently it's not a default option to turn on for the usual Discover merchant account settings, or otherwise some were setup before the reciprocity agreement was established and then never updated.

FT had a good writeup or two on it if you're willing to search for it.

As for bill pay to pay it, for me I don't have a problem with that, and at least where I'm at JCB acceptance should continue to gain ground. Figure whenever I get to the point I have to zealously micromanage my balances again, worst case I just leave that card as the balance reporter.

After reading some of the approval stats from other people going to take a swing at this post mortgage; other than the mortgage inquiries looks like I match what they're looking for score and income wise, and if it's manually underwritten, they'll look at the inquiries and know what's up rather than some automated systems which frankly may have a suck implementation

Apparently can't pay Federal taxes with it though .