topic Re: Ducks Unlimited Approval Odds? in Credit Cards

Ducks Unlimited Approval Odds?

pinkandgrey — Wed, 05 Dec 2018 02:54:37 GMT

5% back on gas is fantastic, so I’m contemplating this one. But I may not be in the position for applying just yet. Advice/opinions greatly appreciated!

It may be worth noting that I’m in Colorado, and the FNBO website says no products available in my area....

Stats: scores in low 700s, income 30k, AAoA just over a year, oldest account 3 years, 5-8 inqs per bureau

Any experiences/anecdotes/suggestions are welcome!

Thanks!

Re: Ducks Unlimited Approval Odds?

Pikaboo-icu — Wed, 05 Dec 2018 03:03:01 GMT

@pinkandgrey wrote:
5% back on gas is fantastic, so I’m contemplating this one. But I may not be in the position for applying just yet. Advice/opinions greatly appreciated!

It may be worth noting that I’m in Colorado, and the FNBO website says no products available in my area....

Stats: scores in low 700s, income 30k, AAoA just over a year, oldest account 3 years, 5-8 inqs per bureau

Any experiences/anecdotes/suggestions are welcome!

Thanks!

Like me, I'm in WA State, I would say your chances are zero.

"FNBO website says no products available in my area"

Sorry. Sad sigh.gif

Re: Ducks Unlimited Approval Odds?

Anonymous — Wed, 05 Dec 2018 03:02:15 GMT

How many of those inquiries are within 12 months? Ducks can be new inquiries and accounts sensitive from what I've read here.

Re: Ducks Unlimited Approval Odds?

KDKobes — Wed, 05 Dec 2018 05:33:39 GMT

I just went down this path with them, they’re very sensitive to INQ’s. I would say you have a 50/50 shot of approval. I was denied due to too many INQ’s from car shopping, but got approved via recon which costed me another HP.

Re: Ducks Unlimited Approval Odds?

ridgebackpilot — Wed, 05 Dec 2018 07:42:26 GMT

@Pikaboo-icu wrote:
"FNBO website says no products available in my area"

That applies to FNBO's own cards. Their co-branded cards like Ducks Unlimited are available nationwide.

I just got denied for the Ducks Unlimited card. My scores were similar to OP but my income is far higher. FNBO pulled Experian which was showing 5 inquiries in the past year. No letter yet but I'm betting that was the reason for the denial.

Re: Ducks Unlimited Approval Odds?

pinkandgrey — Wed, 05 Dec 2018 12:56:29 GMT

Yeah, my recent inqs are just that—recent LOL. It sounds like I should wait awhile then. Does anyone know where it says that the co-branded cards are available nationwide?

Re: Ducks Unlimited Approval Odds?

SarahJo — Wed, 05 Dec 2018 13:54:39 GMT

Co-branded cards are available nationally. In my area I am not eligible for their personal bank products, but applied and was approved for the DU card. This thread may be helpful for you: Ducks Unlimited DP's

Ducks Unlimited Card Approval Stats

pinkandgrey — Thu, 06 Dec 2018 16:13:31 GMT

Hey everybody! I would love to hear your stats when you got approved for this great gas card! Thanks!

I really want this card but am afraid that I’ll probably be denied due to inquiries (8, 5, and 6 on EX, EQ, and TU respectively) and the fact that my newest account was only 3 months ago.

Re: Ducks Unlimited Card Approval Stats

FinStar — Thu, 06 Dec 2018 17:04:11 GMT

You can also reference approval threads and the link which was already provided by a member from your other thread.

Bottom line, if you've had numerous accounts and inquiries over the past 6-12 months, then conventional wisdom is to let things breathe. Scores are not weighed as much with FNBO as inquiries, new accounts + other items will. An item to keep in mind, besides EX they tend to employ use of alternate reporting sources and reconsiderations are not as successful with them.

DPs can serve as a guide, but ultimately your overall profile is what will be evaluated.

Re: Ducks Unlimited Card Approval Stats

Anonymous — Thu, 06 Dec 2018 19:54:34 GMT

@pinkandgrey

I merged the other thread that you started on this same topic into this one. Please do not cross post in different forums or start multiple threads on basically the same subject. It is confusing to other members trying to assist you and is against forum rules. Thank you for your understanding and cooperation.

Re: Ducks Unlimited Card Approval Stats

pinkandgrey — Fri, 07 Dec 2018 03:17:36 GMT

@Irish80

Oops! Sorry! I thought the questions were different “enough” LOL.

Re: Ducks Unlimited Card Approval Stats

Anonymous — Fri, 07 Dec 2018 13:21:17 GMT

@pinkandgrey wrote:
@Anonymous

Oops! Sorry! I thought the questions were different “enough” LOL.

It’s ok. No big harm. Cut off your left pinky and we will forget this transgression.

Re: Ducks Unlimited Card Approval Stats

KDKobes — Fri, 07 Dec 2018 14:19:30 GMT

*Data Points on my App Process
-They Pull EX every time for me in CO.
-8 INQ’s at the time of my pull (4 recent from car shopping, most of the other INQ were older than 6 months with the exception of the FNB Rewards Card I got 4 months ago)
-2 New Accounts at 4 months old FNB Rewards Card & Furniture Row
-AAoA was 2yrs 2m
-Income 120k
-Score was 666 on first pull (Denied for too many INQ’s)

* I did RECON on denial
-caused another HP on EX
-score was up to 678 at this point
-Appproved after explaining my INQ’s were due to the car shopping & that I already have a card with them I’m good standing.

My Judgement
You would be denied. Your AAoA is LOW compared to your oldest account which means you probably have 2-4 new accounts within the last 4-6 months or less also you have 8 INQ’s on EX which corroborates the fact you have many new accounts which lowered your AAoA greatly. From my experience FNB is 5/24 or LESS.