topic Re: US Bank Prequalified Results! in Credit Cards

US Bank Prequalified Results!

credit_is_crack — Sat, 30 Sep 2017 13:54:29 GMT

US Bank has NEVER been a fan of myself. I've only applied twice (both times over 18months ago) and always got auto-declines. When I would check their website I always got the "sorry, how about a debit card option?" lol

I saw c00mtg post and thought I'd see if anything has changed. Today I actually got a different result, 2 cards both at 16.99%. I have no prior relationship with US Bank so I'm not sure how solid these are or if it's worth jumping in their bed...

Is US Bank a fairly conservative bank? Anyone think they have anything special to offer. I've gotten so used to being denied by them that I've never considered rolling them into my lineup. Has this bank loosened up their grip or did I just cross over that magic line where they're arent completely inconvenienced by just looking at me

US Bank Cash+ Visa Signature, 0% APR for 15 Cycles, 16.99% APR, $0 Annual Fee

US Bank Cash 365 American Express, 0% APR for 15 Cycles, 16.99% APR, $0 Annual Fee

Re: US Bank Prequalified Results!

Gmood1 — Sat, 30 Sep 2017 15:38:15 GMT

Same offers I got yesterday credit crack man..lol
I applied yesterday afternoon. Didn't get a instant decline. The standard message for me is the 7 to 10 manual review. I don't have a banking relationship with them. Trying to establish that with at least a $5k SL card. If not I'll cancel it like the last one they issued me.

Until now I've never had any offers from them.

By the way, you have any credit you can sell me on the low,low? Lol

Re: US Bank Prequalified Results!

credit_is_crack — Sat, 30 Sep 2017 14:08:02 GMT

I didn't expect to get any results, let alone their sign up bonus and an APR not above 20%...was thinking of pulling the trigger! I'm not too worried about APR as I don't finance much on cards, but it does show me what "class of customer" segment I might fall in with them. The bonus is an easy target..$100 for $500

Re: US Bank Prequalified Results!

Gmood1 — Sat, 30 Sep 2017 14:40:13 GMT

Does anyone know the direct automated line for application updates?

Me either crack guy. US Bank appears to be stepping up their game in the credit card department. Chase, Citi, Capitol One, Synchrony bank and BofA are killing them in that area.

Re: US Bank Prequalified Results!

credit_is_crack — Sat, 30 Sep 2017 14:42:05 GMT

@Gmood1 wrote:
Does anyone know the direct automated line for application updates?

I don't but you can bet I'll be hunting for it lol just dropped in the app and got the same result as you, 7-10 days

Page 1

Page 2 (BT Page)

Page 3 (7-10 day message)

Re: US Bank Prequalified Results!

credit_is_crack — Sat, 30 Sep 2017 14:44:39 GMT

Instantly got my alerts too..looks like they pulled TU for me...currently my highest score at 783 so at least I got my best foot forward lol let's see what happens now!

Re: US Bank Prequalified Results!

Gmood1 — Sat, 30 Sep 2017 14:49:26 GMT

Me and you are right there together! Lol

Same results for me as well.

All though in the end. I'll either be given a toy limit or declined and you'll get $20k off the rip! 😂

My TU is a 779 currently with 30 active accounts reporting 19 closed.

Re: US Bank Prequalified Results!

credit_is_crack — Sat, 30 Sep 2017 15:05:27 GMT

@Gmood1 wrote:
Me and you are right there together! Lol
Same results for me as well.
All though in the end. I'll either be given a toy limit or declined and you'll get $20k off the rip! 😂
My TU is a 779 currently with 30 active accounts reporting 19 closed.

it is odd we get such varied results with similar stats...the last month my luck has been good, but I think this app is pushing it. I was just reading around and I see a lot of $1k limits, but I saw just as many posts saying you can call back and recon up to $5-$10k using the same HP so if i get a low limit I know there should still be wiggle room

I just called 800-947-1444 from the backdoor list. It was listed 'underwriting' but when I called it, it was a fully automated status application line. Ask for SSN and zip, mine said "your application is still under review..should hear from us in 3 business days...however apps requiring verification can take up to 7 days..."

so right now, still not a denial! Woo-Hoo!

Re: US Bank Prequalified Results!

Anonymous — Sat, 30 Sep 2017 18:30:56 GMT

I apped last week. Got the 7-10 speal. Called on Tuesday said approved. Waiting for the package to know the terms.

Re: US Bank Prequalified Results!

xenon3030 — Sat, 30 Sep 2017 18:39:59 GMT

It seems that being a prior customer of US Bank can increase the CC acceptance chance. Interested in the VS. The signup bonus of 200$ for checking/saving is expired some days ago and not a fan of opening accounts without bonus. Hope there would be some signup bonuses sometime soon....

Re: US Bank Prequalified Results!

credit_is_crack — Sat, 30 Sep 2017 19:12:33 GMT

Thanks Miester! Got it, calling Tuesday lol

@xenon...I've know similar about the prior customer thing and I'm sure it rings true, but no risk, no reward!

Re: US Bank Prequalified Results!

CreditCuriosity — Sat, 30 Sep 2017 20:37:18 GMT

BTW they use your mortgage score in both my cases TU 04

Re: US Bank Prequalified Results!

xenon3030 — Sat, 30 Sep 2017 20:45:39 GMT

Is there an easy way to get TU mortgage or auto score? I have EX scores but interested to know TU or EQ also.

Re: US Bank Prequalified Results!

Ardecko — Sat, 30 Sep 2017 21:10:28 GMT

Do they do a hard pull to open a checking/savings account?

Re: US Bank Prequalified Results!

CreditCuriosity — Sat, 30 Sep 2017 21:14:17 GMT

@Ardecko wrote:
Do they do a hard pull to open a checking/savings account?

no they don't unless you opt for overdraft protection otherwise it is a soft against TU

Re: US Bank Prequalified Results!

xenon3030 — Sat, 30 Sep 2017 22:05:59 GMT

Why does checking/saving require Fico credit checking? It is not expected to give a credit line. I don't understand the concept. Please explain...

Re: US Bank Prequalified Results!

CreditCuriosity — Sat, 30 Sep 2017 23:02:29 GMT

@xenon3030 wrote:
Why does checking/saving require Fico credit checking? It is not expected to give a credit line. I don't understand the concept. Please explain...

Just how US Bank does business if they can't SP your TU report no Checking/Savings for you. I can't explain maybe someone else can. I guess if one has a 400 Fico they are to risky for possibly even Us Bank to do business with possibly bouncing checks? I dont know. Just stating the facts that they SP for checking

Re: US Bank Prequalified Results!

credit_is_crack — Sun, 01 Oct 2017 00:18:43 GMT

@xenon3030 wrote:
Why does checking/saving require Fico credit checking? It is not expected to give a credit line. I don't understand the concept. Please explain...

+1 Curiosity... it's just the way they do business. I think its a "small world" process of qualifying customers. Not all banks or credit unions reported delinquent/charged-off accounts specifically to Chex systems. Think of it this way (an explanation i've heard from credit unions repeatedly)

If BofA didnt use chex and you burned them. they would still in some form or fashion send your account to collections. At some point that agency reports it and it shows up on your report. In case you've burned a bank that doesnt use chex, US Bank can still see if you've burned other banks based on how those collection accounts get coded. If you have one of those specially coded accounts on your report, then you've burned a bank, resulting in a denial from US Bank.

I dont have any sources to point you too but I've heard it too often for it not to be accurate to some degree. hope that helps..

Re: US Bank Prequalified Results!

Anonymous — Wed, 04 Oct 2017 02:46:47 GMT

@credit_is_crack wrote:
US Bank has NEVER been a fan of myself. I've only applied twice (both times over 18months ago) and always got auto-declines. When I would check their website I always got the "sorry, how about a debit card option?" lol

I saw c00mtg post and thought I'd see if anything has changed. Today I actually got a different result, 2 cards both at 16.99%. I have no prior relationship with US Bank so I'm not sure how solid these are or if it's worth jumping in their bed...

Is US Bank a fairly conservative bank? Anyone think they have anything special to offer. I've gotten so used to being denied by them that I've never considered rolling them into my lineup. Has this bank loosened up their grip or did I just cross over that magic line where they're arent completely inconvenienced by just looking at me

US Bank Cash+ Visa Signature, 0% APR for 15 Cycles, 16.99% APR, $0 Annual Fee
US Bank Cash 365 American Express, 0% APR for 15 Cycles, 16.99% APR, $0 Annual Fee

Well, you a least have better APRs then me

Re: US Bank Prequalified Results!

credit_is_crack — Wed, 04 Oct 2017 03:09:10 GMT

@Anonymous wrote:
@credit_is_crack wrote:
US Bank has NEVER been a fan of myself. I've only applied twice (both times over 18months ago) and always got auto-declines. When I would check their website I always got the "sorry, how about a debit card option?" lol

I saw c00mtg post and thought I'd see if anything has changed. Today I actually got a different result, 2 cards both at 16.99%. I have no prior relationship with US Bank so I'm not sure how solid these are or if it's worth jumping in their bed...

Is US Bank a fairly conservative bank? Anyone think they have anything special to offer. I've gotten so used to being denied by them that I've never considered rolling them into my lineup. Has this bank loosened up their grip or did I just cross over that magic line where they're arent completely inconvenienced by just looking at me

US Bank Cash+ Visa Signature, 0% APR for 15 Cycles, 16.99% APR, $0 Annual Fee
US Bank Cash 365 American Express, 0% APR for 15 Cycles, 16.99% APR, $0 Annual Fee

Well, you a least have better APRs then me

lol I'm not super worried about the APR, but like the easy bonus target. I actually did follow up with them today and they sent me to verification.

The guy came on the phone and said "we needed to verify it was you that applied for this card". I said "yes, it was me." He asked to put me on hold, came back like 2-3 minutes later and said "looks like all the verification matched up" so I'll be forwarding your application on for final approval (even though all i literally said was "yes, it was me" LOL)

About an hour later the automated line said "Congratulations you're Approved!" - i will call over the next few days to see if i can get the limit and final APR.