topic Re: US Bank; What to do, what to do? in Credit Cards

US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 00:34:26 GMT

Anyone have any information about US Bank? I just got a preapproved offer from them, with 0% on purchases fro 12 months and 3.99% on BT utnil 2014. Should I? Bear in mind that I already have 21 credit cards---everything from Discover to AMEX and anything in between.

Thoughts? Should I?

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 00:58:05 GMT

I pulled the trigger last week for US Bank and ended up w/ 3k -- zero intro for a year and then 5.99 BT's thru 2013. Prior to this offer I'd rec'd a few others. The first offer was like yours, 3.99 for BTs.

My other limits are..

7k, 6k, 5.25k, 5k, 5k, 4k, 4k, 3.5k, 3k, 2.8k, 2.5k, 1.9k, 1.5k, 1.34k, 500, and 500.

They pulled TU for me (Indiana), which was a 682. I'm showing about 30% util.

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 01:16:14 GMT

@Anonymous wrote:
I pulled the trigger last week for US Bank and ended up w/ 3k -- zero intro for a year and then 5.99 BT's thru 2013. Prior to this offer I'd rec'd a few others. The first offer was like yours, 3.99 for BTs.

My other limits are..
7k, 6k, 5.25k, 5k, 5k, 4k, 4k, 3.5k, 3k, 2.8k, 2.5k, 1.9k, 1.5k, 1.34k, 500, and 500.

They pulled TU for me (Indiana), which was a 682. I'm showing about 30% util.

Interesting. My scores are about 735, my utilization is around 21%, and my limits range from 1.1K to 11.6K, with the average being about 5K or so. Citi just raised my limit to 6.8K from 5.6K today. Tempting . . .

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 01:20:41 GMT

LOL -- I wanted a backup card w/ decent terms, so I went for it. AAoA is 5'ish and oldest is 18.5, if that helps.

PS -- make sure you let me (err, us) know if you throw caution to the wind!

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 01:57:28 GMT

@Anonymous wrote:
Anyone have any information about US Bank? I just got a preapproved offer from them, with 0% on purchases fro 12 months and 3.99% on BT utnil 2014. Should I? Bear in mind that I already have 21 credit cards---everything from Discover to AMEX and anything in between.

Thoughts? Should I?

My wife works for US Bank as an analyst and the company is very strong, very conservative in its liability and one the large banks that didn't take a complete beating in this market and is not doing too bad, actually gave bonuses and other goodies for more than 2k to the employees, so that is pretty solid. Hope that helps.

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 01:59:48 GMT

@Anonymous wrote:
@Anonymous wrote:
Anyone have any information about US Bank? I just got a preapproved offer from them, with 0% on purchases fro 12 months and 3.99% on BT utnil 2014. Should I? Bear in mind that I already have 21 credit cards---everything from Discover to AMEX and anything in between.

Thoughts? Should I?
My wife works for US Bank as an analyst and the company is very strong, very conservative in its liability and one the large banks that didn't take a complete beating in this market and is not doing too bad, actually gave bonuses and other goodies for more than 2k to the employees, so that is pretty solid. Hope that helps.

That does, actually. Thanks.

Re: US Bank; What to do, what to do?

oracles — Wed, 21 Jan 2009 02:18:30 GMT

Yes, please let us know if you decide to go for it. I too am thinking about going for this card along with Penfed.

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 02:34:57 GMT

@Cheech

Glad to hear that, you are welcome.

Re: US Bank; What to do, what to do?

Creditaddict — Wed, 21 Jan 2009 03:27:26 GMT

I love my USbank Signature card.

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 03:30:51 GMT

@Creditaddict wrote:
I love my USbank Signature card.

yeap, they be sweet ..

Re: US Bank; What to do, what to do?

oracles — Wed, 21 Jan 2009 03:32:45 GMT

You guys are making it very difficult for me not to app US bank lol

Thanks alot lol

Re: US Bank; What to do, what to do?

Creditaddict — Wed, 21 Jan 2009 03:35:07 GMT

@oracles wrote:
You guys are making it very difficult for me not to app US bank lol

Thanks alot lol
If you have a 680 and have less than 30% util. I would have applied hours ago... They will grow huge with you if you treat it right... and I LOVE the BT offers that constantly come on it, probably why I keep mine mostly maxed!

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 03:38:22 GMT

@oracles wrote:
You guys are making it very difficult for me not to app US bank lol

Thanks alot lol

Just playing credit the devil's advocates .. good luck whatever you decide.

Re: US Bank; What to do, what to do?

oracles — Wed, 21 Jan 2009 03:48:51 GMT

@Creditaddict wrote:
@oracles wrote:
You guys are making it very difficult for me not to app US bank lol

Thanks alot lol
If you have a 680 and have less than 30% util. I would have applied hours ago... They will grow huge with you if you treat it right... and I LOVE the BT offers that constantly come on it, probably why I keep mine mostly maxed!

Actually i have the necessary quilifications for the card, it is just i have 2 goals which are conflicting. I want to join the 800 club this year but i also desperately want to receive a Penfed card. I want to wait until oct/nov to apply for the penfed card and then US bank. However, if i do this, then i have ruined my chances at 800 for this year. Therefore i have to make up my mine. I will say i am leanig toward the Penfed/US bank cards. lol

Re: US Bank; What to do, what to do?

oracles — Wed, 21 Jan 2009 03:50:22 GMT

@Anonymous wrote:
@oracles wrote:
You guys are making it very difficult for me not to app US bank lol

Thanks alot lol
Just playing credit the devil's advocates .. good luck whatever you decide.

With support like you Guardian, who needs temptation

Re: US Bank; What to do, what to do?

Creditaddict — Wed, 21 Jan 2009 03:51:47 GMT

my thoughts are if I could stay above 750, you are probably NEVER going to be declined and any major purchases would be at the best rates, so yes it would be nice to say I'm over 800, but for rates and all that, does it really make a difference?

and if you currently have any debt, wouldn't the 3.9 be nice to get the rest of it taken care of

Re: US Bank; What to do, what to do?

oracles — Wed, 21 Jan 2009 04:17:38 GMT

@Creditaddict wrote:
my thoughts are if I could stay above 750, you are probably NEVER going to be declined and any major purchases would be at the best rates, so yes it would be nice to say I'm over 800, but for rates and all that, does it really make a difference?
and if you currently have any debt, wouldn't the 3.9 be nice to get the rest of it taken care of

I agree with you, i guess i just want to say i have 800 scores.

Also i really don't have much debt and the debt i do have is on a 0% interest BT which i will pay off very soon.

I guess that is why i am leaning towards applying for the penfed and US bank cards.

I am really not thinking about getting a house since i own my own condo therefore i don't see any big purchases on the horizon, however i would like to invest in some real estate but of course that is not for another maybe 2 years.

By that time, if i would to apply for penfed and US bank and nothing more, then my scores will have rebound by then and i can get 800 scores even if i only need 760 scores for the best rates.

I think i am getting tired because i have alot of run on sentences

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 04:26:54 GMT

@Creditaddict wrote:
@oracles wrote:
You guys are making it very difficult for me not to app US bank lol

Thanks alot lol
If you have a 680 and have less than 30% util. I would have applied hours ago... They will grow huge with you if you treat it right... and I LOVE the BT offers that constantly come on it, probably why I keep mine mostly maxed!

So here's my dilemma. Hubby is the sole source of income. I could apply for a joint account, but he has a BK from 7/03. His scores are right around 690 and above. If I apply by myself, I have to show no income, but "additional household income" of about 100K, which is his salary. If I add him, I'm afraid the BK might disqualify us. Anyone know how US Bank feels about BKs? Should I apply by myself? I'm so confuuuuused. Not that I even need this card, but the 3.9 is so very tempting.

Re: US Bank; What to do, what to do?

Anonymous — Wed, 21 Jan 2009 05:13:43 GMT

It beats serving in heaven

Re: US Bank; What to do, what to do?

haulingthescoreup — Wed, 21 Jan 2009 12:00:13 GMT

oracles wrote:

@Anonymous wrote:

@oracles wrote:

You guys are making it very difficult for me not to app US bank lol

Thanks alot lol
Just playing credit the devil's advocates .. good luck whatever you decide.
With support like you Guardian, who needs temptation

Just keep telling yourself, US Bank will still be there when I'm ready. No rush.

Kinda like how Krispy Kreme will still be selling hot glazed once I drop those last holiday pounds.