topic Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...? in Credit Cards

Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

Anonymous — Tue, 15 Nov 2016 00:52:35 GMT

Search is usually my friend, but i cant seem to find any recent information about anyone who has had a successful CLI with this card, and whether it was a hard pull or soft pull. Any information would be greatly appreciated and the more detailed the better.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

BronzeTrader — Tue, 15 Nov 2016 01:17:26 GMT

It is a great card. Can auto redeem if you reach $50+ rewards.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

Anonymous — Tue, 15 Nov 2016 01:23:28 GMT

If I remember correctly, it's a SP.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

Sharingan — Tue, 15 Nov 2016 01:41:12 GMT

I received a $4,000 auto-CLI last month on my Fidelity Visa Signature. I applied for the card as soon as Elan opened applications in January. I haven't had to request a CLI on this card, but I'm sure Elan's underwriting requirements will likely be in congruence with U.S. Bank's. That would suggest to me that any large requests would likely warrant a HP. After having products from Elan and the parent company, U.S. Bank, I have noticed very little difference in how the accounts are managed, particularly with regard to CLIs.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

xaustie — Fri, 02 Dec 2016 23:27:52 GMT

Applied for Fidelity Rewards Visa Feb 2016. Was approved with SL of $5k.

In Aug 2016 (6 mo anniversary) applied for CLI using LUV button online,

Requested $5k increase (maximum allowed via LUV button).

Response online was that I would receive a decision via mail within 10 business days.

About a week later I saw a HP from Elan on TU online. I live in TX.

Checked and my new CL at Fidelity was $10k.

BTW - I really like this card. I have ALL my monthly bill related auto-pays setup on this card and I leave the card in my drawer. PIF every month. Rewards go to a Fidelity IRA.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

Thomas_Thumb — Sat, 03 Dec 2016 00:32:03 GMT

@Anonymous wrote:
Search is usually my friend, but i cant seem to find any recent information about anyone who has had a successful CLI with this card, and whether it was a hard pull or soft pull. Any information would be greatly appreciated and the more detailed the better.

I have the card but, it was a conversion from a B of A managed the FIA card. Under B of A, CLI requests were a HP. Sounds like the situation has changed with new card management and CLI requests are now a SP. I do like the card and linked it to one of my Fidelity after tax accounts for conversion of points to cash without hassle.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

Anonymous — Wed, 28 Dec 2016 05:47:13 GMT

I just talked to a rep and he said it's a soft pull - said they don't usually give cli's before an account reaches 6 months. He strongly suggested I wait until my 6th statement cut before requesting.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

Anonymous — Wed, 28 Dec 2016 14:41:29 GMT

@Anonymous wrote:
I just talked to a rep and he said it's a soft pull - said they don't usually give cli's before an account reaches 6 months. He strongly suggested I wait until my 6th statement cut before requesting.

But @xaustie above reports an HP, so maybe YMMV (or rep is wrong!)

While I have this card, not sure why people are positive about it. Lower FTF than DC (and straight 2% rather than 1+1) but Blispay seems to have many advantages. The $50 threshold is double that of DC

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

xaustie — Wed, 28 Dec 2016 14:56:11 GMT

@Anonymous wrote:

While I have this card, not sure why people are positive about it. Lower FTF than DC (and straight 2% rather than 1+1) but Blispay seems to have many advantages. The $50 threshold is double that of DC

I have five CCs. This card is a good "tool" in my CC toolset. I like it because I can effortlessly channel my 2% into a Fidelity IRA.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

icloud2525 — Wed, 28 Dec 2016 17:43:34 GMT

Hard pull for me. I had it sitting at 5k for a while under B of A, asked for a 5k increase about 2 months after Elan took over, they hard pulled and gave me the 5k increase.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

BronzeTrader — Fri, 30 Dec 2016 01:22:22 GMT

Not sure about CLI since I never need one and never asked for one. Now it is in my draw since I use Chase FU + CSR to replace it.

I still have a pre-approved offer with a rare $100 bonus offer for spouse. Not sure if we are going to take it. Only the bonus is valuable to me.

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

Anonymous — Fri, 30 Dec 2016 13:33:24 GMT

I'll say that the customer service thus far is head and shoulders above FIA. Someone tried to pass a fraudulent charge through my card apparently. Elan denied the charge, called me, verified I didn't make the charge, and sent me a new card with zero hassle. A similar incident with FIA was much less pleasant (they insisted they couldn't do anything until the charge posted to my account)

Re: Fidelity Visa Signature (Elan Financial Services) CLI - Hard or Soft...?

Anonymous — Sun, 01 Jan 2017 20:51:31 GMT

I decided to not even ask for a CLI, turns out that my SL is just a "Revolving Limit". The rep that assisted me with the 0% APR BT til May 2018 Billing Cycle Promo I received told me I can charge past my revolve limit but I have to pay the balance down to at least the revolve limit. So that works for me because I usually PIF anyway. I did a small renovation and my wife got Lasik, and I wanted to pay the costs down over time, so I will continue to PIF my statement balance along with the amount i need to pay towards the BT balance.

And I agree with most of you... I genuinely enjoy having and using this card. Straightforward, solid cash back rate, no AF, VS benefits and those BT checks that came in the mail was a nice plus.... I use this card for anything and everything I can't pay for with my AmEx GCPR. Rewards cash deposits right into one of my Fidelity accounts. I'll def post back on here if i end up getting one of those Auto-CLI's.