topic Re: Barclay Rewards hard pull advice in Credit Cards

Barclay Rewards hard pull advice

My_Fako — Mon, 28 Mar 2016 23:26:22 GMT

I recently got approved for four new accounts. Since I'm not going to be apping for the next year. And my Barclays card has the lowest limit (1k)

Do you think it's worth a Tu hard pull. I would use the card more if my limit wasn't so low.

When I applied my Trans Union score was around 625 or so. Now it's at 681. I know once my new accounts report scores going to take a little hit.

So do you guys think it would be a good idea to try on my score is higher right now. Then garden for the next year.

Have 2 inq's in the past 2 yrs on Tu

Tried calling for a soft pull apr etc no go...

Thanks for any and all advice

Re: Barclay Rewards hard pull advice

Creditaddict — Mon, 28 Mar 2016 23:36:19 GMT

@My_Fako wrote:
I recently got approved for four new accounts. Since I'm not going to be apping for the next year. And my Barclays card has the lowest limit (1k)

Do you think it's worth a Tu hard pull. I would use the card more if my limit wasn't so low.

When I applied my Trans Union score was around 625 or so. Now it's at 681. I know once my new accounts report scores going to take a little hit.

So do you guys think it would be a good idea to try on my score is higher right now. Then garden for the next year.

Have 2 inq's in the past 2 yrs on Tu

Tried calling for a soft pull apr etc no go...

Thanks for any and all advice

I would submit for CLI online and see if it instantly gives you anything... if not call into backdoor and process it with them over the phone... I would ask for $10k if you do it over phone and see how close they will get!

Re: Barclay Rewards hard pull advice

My_Fako — Tue, 29 Mar 2016 00:05:45 GMT

10k lol. I wish My largest major Is only $5750

Re: Barclay Rewards hard pull advice

ddemari — Tue, 29 Mar 2016 00:09:47 GMT

Barclays will counter you. So you may as well aim high and see what they spit back to you. If you could wait till the 6 month mark, I say your chances at getting the max CLI you want would be very good.

Re: Barclay Rewards hard pull advice

kdm31091 — Tue, 29 Mar 2016 00:13:28 GMT

That kind of starting limit usually shows a borderline approval and Barclay's is conservative generally. I'd consider waiting a few months and building some history before using the hard pull.

Re: Barclay Rewards hard pull advice

My_Fako — Tue, 29 Mar 2016 00:17:07 GMT

My 7th statement is coming up.

Borderline approval... since then I've gotten a couple baddies off, and my score has gone up almost 60 points since I applied.

Re: Barclay Rewards hard pull advice

kdm31091 — Tue, 29 Mar 2016 00:19:47 GMT

Oh OK. Thought you were saying the account was brand new. Anyway, don't rely too much on score. Barclay's (like most lenders) looks at your whole file on a review. Your score is just a number.

Re: Barclay Rewards hard pull advice

My_Fako — Tue, 29 Mar 2016 00:19:48 GMT

Also, if they make me talk to an analyst...should I say that recent inquiry from Chase was for opening a bank account?

generally speaking I don't like to lie l, but I do want to increase. Lol

Re: Barclay Rewards hard pull advice

Anonymous — Tue, 29 Mar 2016 00:26:02 GMT

I wouldn't bother trying to get a CLI on it, and I certainly wouldn't take a HP for one. I'd move on to the more rewarding pastures of using Amex, Discover, and possibly the QS.

Re: Barclay Rewards hard pull advice

Anonymous — Tue, 29 Mar 2016 01:38:38 GMT

@Anonymous wrote:
I wouldn't bother trying to get a CLI on it, and I certainly wouldn't take a HP for one. I'd move on to the more rewarding pastures of using Amex, Discover, and possibly the QS.

+1. Account too young, history too young, too many recent new accounts.

Agree to focus on the others for now. Request SP CLI for Barclay at the one year mark once you show them a year of solid history.

1k credit limit indicates a marginal approval and 6 months of history with them is still fairly young.

Re: Barclay Rewards hard pull advice

noobody — Tue, 29 Mar 2016 02:02:54 GMT

Barclaycard reward is a bottom feed for you and Barclay's lineup, I would not worry about CLI on it and put spending on your other nicer cards.

Re: Barclay Rewards hard pull advice

Anonymous — Tue, 29 Mar 2016 03:08:22 GMT

there is (or was) way to ask for CLI without a hp, call them and ask for possible apr reduction, and they'll transfer you to someone who can help you out with it, then after you get your apr reduced (or not), ask them if there's an offer for cli without a hp. I was able to get lil bit of hp that way. because as you establish history with them, your interal limit at barclay goes up, so there's possible room for cli, whether it's with or without hp.

although that hasn't really worked for my arrival card lately, but you could always give it a shot, if it works 'fantastic' if it doesn't oh well.

Re: Barclay Rewards hard pull advice

SouthJamaica — Tue, 29 Mar 2016 03:54:19 GMT

@My_Fako wrote:
I recently got approved for four new accounts. Since I'm not going to be apping for the next year. And my Barclays card has the lowest limit (1k)

Do you think it's worth a Tu hard pull. I would use the card more if my limit wasn't so low.

When I applied my Trans Union score was around 625 or so. Now it's at 681. I know once my new accounts report scores going to take a little hit.

So do you guys think it would be a good idea to try on my score is higher right now. Then garden for the next year.

Have 2 inq's in the past 2 yrs on Tu

Tried calling for a soft pull apr etc no go...

Thanks for any and all advice

No I don't think you should waste the hard pull.

Re: Barclay Rewards hard pull advice

My_Fako — Tue, 29 Mar 2016 04:26:01 GMT

Ya you guys right...

I'm just going to make it my Netflix card. I'll use my Spend on Amex and Credit One...

Re: Barclay Rewards hard pull advice

Anonymous — Tue, 29 Mar 2016 05:18:05 GMT

@My_Fako wrote:
Ya you guys right...

I'm just going to make it my Netflix card. I'll use my Spend on Amex and Credit One...

Whoa! Hold the phone! Did you say Credit One? Im not sure why you even still have that one considering how expensive it is in fees and seeing the other cards in your line up. Is there a reason you still have it?

Re: Barclay Rewards hard pull advice

My_Fako — Tue, 29 Mar 2016 08:18:12 GMT

I was just kidding about Credit One. I still have it because, last time I called to cancel it. They permanently waved all fee's and lowered apr to 12.9. Still no grace period, but I never carry a bl... Going to close when it hits 2 yrs....

Re: Barclay Rewards hard pull advice

kdm31091 — Tue, 29 Mar 2016 13:21:52 GMT

I agree that looking deeper at your lineup, I see no reason to waste a HP on a CLI for the Barclay card. You have some better cards now anyway.

Re: Barclay Rewards hard pull advice

My_Fako — Tue, 29 Mar 2016 18:38:46 GMT

Any chance to pc to Arrival? Having Bar Rewards kind of makes no sense, because I rather use Ed or Disco. You know what I mean.

Re: Barclay Rewards hard pull advice

Anonymous — Tue, 29 Mar 2016 21:16:26 GMT

They usually give you an auto increase at 6 months sometimes 7. If you don't get the auto then you can call them or hit button. Barclay is very inquiry sensitive so it's good that you only have two in two years.