topic Re: Marvel MasterCard Approval Odds? in Credit Cards

Marvel MasterCard Approval Odds?

Anonymous — Fri, 01 Dec 2017 00:24:56 GMT

Hi guys!

Long time lurker here, posting for the first time so take it easy on me Smiley Happy

I’m wondering what my approval odds are for the Marvel MasterCard since it offers 3% cash back on theme parks/dining and I spend a considerable amount of money on both these categories every year.

My credit history started in March of this year, I’m 25, 30k income.

My first card was Discover It opened in March with a $1750 SL (I have gotten it up to $6800 with generous use of the luv button).

My second card was an AMEX BCE opened in April with a $1000 SL (was just recently auto-CLI’d to $3000 earlier this month).

My third card was a Capital One platinum MasterCard opened in May with a $300 SL. I got it PC’d to a Quicksilver with no AF and just recently got my credit steps increase to $500.

My fourth card was a U.S Bank Cash+ VISA Signature opened in October with a $500 limit. Sad, I know. Tried reconning the SL but no dice. They want to see 6 months of history first.

My fifth and final card so far is a Chase Freedom, opened in October with a $600 limit. This is the card I don’t even want to start poking the bear with so I didn’t even try poking the bear with a SL recon or CLI.

My AAOA is about 4 months with my longest account being Discover at 8 months and my TU FICO and EX FICO are 715, 700, respectively. My utilization across all my accounts varies between 0-1% since I pay everything off in full each month and the cards align with my regular spending habits.

Do you guys think I have a good shot? Thinking of making this my 6th and final card before I step into the garden for sure.

Many thanks!

Re: Marvel MasterCard Approval Odds?

Anonymous — Fri, 01 Dec 2017 02:22:20 GMT

Too many new accounts was the reason I got denied. All your cards were opened this year as well. Synchrony doesn’t do recons either in case you get denied.

Re: Marvel MasterCard Approval Odds?

Adkins — Fri, 01 Dec 2017 03:18:48 GMT

I've got eight inquires on TransUnion, and still got two more synchrony cards after that point. From what I've read, the Marvel card is considered a more top tier card and harder to get. I would wait until your first inquiry has aged at least a year, then try. I think you'll have a better chance of approval and get a higher starting CL.

Re: Marvel MasterCard Approval Odds?

Anonymous — Tue, 13 Feb 2018 12:49:46 GMT

wrote:
I've got eight inquires on TransUnion, and still got two more synchrony cards after that point. From what I've read, the Marvel card is considered a more top tier card and harder to get. I would wait until your first inquiry has aged at least a year, then try. I think you'll have a better chance of approval and get a higher starting CL.

Sounds sensible to me. I've been considering getting the Marvel MC to replace my Cap 1 "starter" QS MC (upgraded from a Platinum), and I have several inquiries that will age to 1 year+ over the next couple of months so maybe sometime this spring or early summer to give my TU more time to build up. I'm waiting to see also if I get any preapproval/prequalification offers via mail, if they're still being sent out for this card; I got a preapproval last week for the BP gas card (also Sync) but I think I'll pass, I almost never buy gas at BP so there's no point getting that card.

P.S. Any data points yet as to the TU range (lowest/average)?

Re: Marvel MasterCard Approval Odds?

Anonymous — Tue, 13 Feb 2018 14:06:18 GMT

COnratulations on your build as to date! If you can resist pulling the trigger for a few month, say May then do it. Why May, it will be past your 1 year with Discover and your 6 month with US Bank. If your could get CLI on these two it would help your case drasticall yimproving your scores and your ULT % with a pontentially higher SL from Marvel. Wheather you get approved or not, you should go into the garden for some seasoning for at least April 2019. This will help you potentially get approved for higher tier cards such as CSR. If you want to get a CSR, you need to under the 5/24 rule ( 5 cards under 24 months ) Here is link that could help you keep track of when to ask for your CLI via SP ONLY, dont take a HP for CLI unless you really want that CLI. https://www.timeanddate.com/date/duration.html

Re: Marvel MasterCard Approval Odds?

Adkins — Tue, 13 Feb 2018 21:02:05 GMT

wrote:
wrote:
I've got eight inquires on TransUnion, and still got two more synchrony cards after that point. From what I've read, the Marvel card is considered a more top tier card and harder to get. I would wait until your first inquiry has aged at least a year, then try. I think you'll have a better chance of approval and get a higher starting CL.
Sounds sensible to me. I've been considering getting the Marvel MC to replace my Cap 1 "starter" QS MC (upgraded from a Platinum), and I have several inquiries that will age to 1 year+ over the next couple of months so maybe sometime this spring or early summer to give my TU more time to build up. I'm waiting to see also if I get any preapproval/prequalification offers via mail, if they're still being sent out for this card; I got a preapproval last week for the BP gas card (also Sync) but I think I'll pass, I almost never buy gas at BP so there's no point getting that card.

P.S. Any data points yet as to the TU range (lowest/average)?

Do a internet search for the marvel card and credit boards/credit pulls database. (A direct link to them isn't allowed). Sometimes their data is very old but it'll give you an idea of approval numbers.

Re: Marvel MasterCard Approval Odds?

Anonymous — Mon, 19 Mar 2018 15:10:39 GMT

@Adkinswrote:
wrote:
wrote:
I've got eight inquires on TransUnion, and still got two more synchrony cards after that point. From what I've read, the Marvel card is considered a more top tier card and harder to get. I would wait until your first inquiry has aged at least a year, then try. I think you'll have a better chance of approval and get a higher starting CL.
Sounds sensible to me. I've been considering getting the Marvel MC to replace my Cap 1 "starter" QS MC (upgraded from a Platinum), and I have several inquiries that will age to 1 year+ over the next couple of months so maybe sometime this spring or early summer to give my TU more time to build up. I'm waiting to see also if I get any preapproval/prequalification offers via mail, if they're still being sent out for this card; I got a preapproval last week for the BP gas card (also Sync) but I think I'll pass, I almost never buy gas at BP so there's no point getting that card.

P.S. Any data points yet as to the TU range (lowest/average)?
Do a internet search for the marvel card and credit boards/credit pulls database. (A direct link to them isn't allowed). Sometimes their data is very old but it'll give you an idea of approval numbers.

Coming back somewhat late, but I finally got around to checking said database. The data is mostly from 2016 when it was brand-new, but the lowest TU it was approved at at that time was 680, though the entries don't say what the SL was.

Re: Marvel MasterCard Approval Odds?

Anonymous — Mon, 19 Mar 2018 16:43:53 GMT

I was just approved for the Marvel card with a 1k limit and they pulled my TU report which has me at a 704 Fico and my AOA is 10months with four recent inquiries. So if I could get approved not sure why you couldn't.

Re: Marvel MasterCard Approval Odds?

Anonymous — Mon, 19 Mar 2018 16:58:25 GMT

@Anonymouswrote:
I was just approved for the Marvel card with a 1k limit and they pulled my TU report which has me at a 704 Fico and my AOA is 10months with four recent inquiries. So if I could get approved not sure why you couldn't.

Well, I'm actually considering doing it this summer once I've combined my two Capital One Quicksilvers, having given new card apps a rest of at least 3 months in the interim (I got a new Discover IT just last week) and given my recent card payoffs and lower utilization time to have a real effect on my scores; this may change if I get a preapproval offer for another decent MC. My TU is 676 as of right now so I'd like it to get at least into the 680's.