topic Re: Wells Fargo Credit Card? in Credit Cards

Wells Fargo Credit Card?

Anonymous — Wed, 29 May 2019 20:33:25 GMT

Does anyone know if wells fargo uses fico 9 to determine if you are approved for one of their cards. The fico score i am given when i log

into my account is fico 9 but alot lower that under fico 8.

Re: Wells Fargo Credit Card?

CreditCuriosity — Wed, 29 May 2019 21:28:07 GMT

I don't think score really decides whether any lender persay will approve you being 8/9 or whatever score version it is more-so what is in your credit report/profile. A few exceptions might be Syncrony as their limits are very score driven, but still depends on ones profile. I know this is really the answer you were looking for. Scores are just a overall health gauge to me more less.

Re: Wells Fargo Credit Card?

Anonymous — Wed, 29 May 2019 20:43:04 GMT

I'm going with 8 based on my scores when I applied back in December.

Re: Wells Fargo Credit Card?

Hex — Thu, 30 May 2019 03:54:57 GMT

When I applied for and was approved for a Propel Card on May 18th, 2019 they HP’d EQ and Experian. “The price you pay for credit” letter they sent me cited EQ. The score listed was the same as my EQ FICO 9 score at the time I applied.

Re: Wells Fargo Credit Card?

AverageJoesCredit — Thu, 30 May 2019 11:52:27 GMT

I would go off your current Fico 8s to give you a general feeling as toward if you'll get approved .If you have low scores most likely your 9's wont save you anyway. Jmo

Wells Fargo Propel?

Anonymous — Thu, 30 May 2019 15:00:24 GMT

hi all

Has anyone been approved for a wells fargo propel card with anything under a 700 fico score?

Re: Wells Fargo Propel?

Anonymous — Thu, 30 May 2019 17:23:33 GMT

According to Wallet Hub, not likely. Looks like a minimum of 700 is needed, though it may very well depend upon a person's profile.

While Amex has given credit to people in the mid to high 600's, it's generally been their core products. Not co-branded cards.

I personally would wait until at least 710-725 just to eb sure.

Re: Wells Fargo Propel?

Anonymous — Mon, 29 Jul 2019 06:17:07 GMT

I wouldn't place too much stock in what wallet hub or any site has to say about that.

Yes, people have been accepted below 700.

Re: Wells Fargo Propel?

Queen_Etherea — Mon, 29 Jul 2019 14:10:18 GMT

@Anonymous wrote:
I wouldn't place too much stock in what wallet hub or any site has to say about that.

Yes, people have been accepted below 700.

Yup! My experience was a little different because I started with the secured Wells Fargo Platinum, but when they converted it to the unsecured Platinum, my scores were most certainly not in the 700's at the time; I think they were in the 680's.

Re: Wells Fargo Propel?

BallBounces — Mon, 29 Jul 2019 15:55:34 GMT

@Queen_Etherea wrote:
Yup! My experience was a little different because I started with the secured Wells Fargo Platinum, but when they converted it to the unsecured Platinum, my scores were most certainly not in the 700's at the time; I think they were in the 680's.

Old thread, but anyway, @Queen_Etherea how long was your WF secured before graduating?

Re: Wells Fargo Propel?

Remedios — Mon, 29 Jul 2019 16:42:12 GMT

@Anonymous wrote:
According to Wallet Hub, not likely. Looks like a minimum of 700 is needed, though it may very well depend upon a person's profile.
While Amex has given credit to people in the mid to high 600's, it's generally been their core products. Not co-branded cards.

I personally would wait until at least 710-725 just to eb sure.

Propel is not co-branded card. It's issued by WF and only uses Amex's network.

Re: Wells Fargo Propel?

Queen_Etherea — Mon, 29 Jul 2019 21:09:07 GMT

@BallBounces wrote:
@Queen_Etherea wrote:
Yup! My experience was a little different because I started with the secured Wells Fargo Platinum, but when they converted it to the unsecured Platinum, my scores were most certainly not in the 700's at the time; I think they were in the 680's.
Old thread, but anyway, @Queen_Etherea how long was your WF secured before graduating?

Oh I didn't even realize it was old! The person above me replied, so I saw it on the recent list...

Anywho! I opened my secured card in March 2017 and it was converted to unsecured December 2018. It might have been converted sooner, but I was carrying a VERY high balance ($980/$1,200) on that card since the beginning. When I finally paid it down, that's when I got the graduation letter.

Re: Wells Fargo Propel?

-Wright- — Wed, 31 Jul 2019 01:58:21 GMT

@Anonymous wrote:
hi all
Has anyone been approved for a wells fargo propel card with anything under a 700 fico score?

I was approved with a score of about 660-670 at the time. My income is relatively high, self employed and I have a long relationship with Wells. 6 accts(biz and personal) and an auto loan. I was instantly approved.