topic Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fargo? in Credit Cards

Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fargo?

xellos2099 — Mon, 04 Sep 2023 23:13:10 GMT

I am wondering whihc of these bank are best bank to build relation with to have easier time to get their card? Bank of America, US Bank, or Well Fargo? I want to get a 2%+ visa card that I can use at Costco. So i am think of Bank of America customize cash, Us Bank Cash+ or Well Fargo active cash. I current have Quicksilver and Savor one so I am pretty good on Gocery and food take out. I don't really travel so no point of me going fore Venture X.
I know Venmo and AAA are good for costco but I was rejected by them last month due to my thin profile. My local bank and fidality are also option but they are Elan. What bank should I build relation with so I will have easier tiem to get a visa card off them in a few month. Both US Bank and Well Fargo have some decent checking account promo atm. US Bank offer 300 if you direct deposit $5000 within 3 month and Well fargo offer $300 if you deposit $1000 in 3 months.

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

Bockrocker — Tue, 05 Sep 2023 00:25:04 GMT

The Cash+ only earns 1% at Costco. They do have the Shopper that earns 3% (but has AF).

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

xellos2099 — Tue, 05 Sep 2023 00:32:26 GMT

I guess that leave Bank of America, Well Fargo or maybe Alliant?

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

AndySoCal — Tue, 05 Sep 2023 01:55:10 GMT

@xellos2099 Here is a link to a list of credit unions with general spend credit cards

https://ficoforums.myfico.com/t5/Credit-Cards/List-of-general-spend-cards-from-credit-unions/td-p/6580825/page/4

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

1LostArk — Tue, 05 Sep 2023 06:42:05 GMT

US Bank wouldn't let me open a checking account, saying I was too far from a branch location, but they did approve me for a credit card with no prior relationship — go figure.

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

Hoben02 — Tue, 05 Sep 2023 15:53:09 GMT

Well with bofa they tie the credit card rewards to how much biz you do with them overall. So that top platinum honor members can get 3.5% return using the bofa custom cash card at costco

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

FireMedic1 — Tue, 05 Sep 2023 16:29:49 GMT

Theres always the PayPal MC. 2% on everything. Pay with PayPal online. 3% CB.

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

zerofire — Thu, 07 Sep 2023 13:43:56 GMT

@xellos2099 wrote:
I am wondering whihc of these bank are best bank to build relation with to have easier time to get their card? Bank of America, US Bank, or Well Fargo? I want to get a 2%+ visa card that I can use at Costco. So i am think of Bank of America customize cash, Us Bank Cash+ or Well Fargo active cash. I current have Quicksilver and Savor one so I am pretty good on Gocery and food take out. I don't really travel so no point of me going fore Venture X.
I know Venmo and AAA are good for costco but I was rejected by them last month due to my thin profile. My local bank and fidality are also option but they are Elan. What bank should I build relation with so I will have easier tiem to get a visa card off them in a few month. Both US Bank and Well Fargo have some decent checking account promo atm. US Bank offer 300 if you direct deposit $5000 within 3 month and Well fargo offer $300 if you deposit $1000 in 3 months.

Let me start by saying that based on what you have stated you have pulled the maximum possible out of your profile already. When Synchrony Bank and Comenity Bank(including Bread) no longer want to issue a card you need to go visit the garden for the next year if not more. Now if you want to still build a relationship for the time being with a bank for when you come back that is ok. First off the Bank of America Customized Cash Rewards card is issued as a MasterCard. This will not work for Costco unless you want to also do a PC to the Visa version after you get approved which might not be allowed. US Bank is a great idea however you already have over 2 inquiries all obtained recently which means you will be waiting for 2 years there. Wells Fargo is known to deny solid card holders so you will be playing with a jester that is messing with fire. I personally got denied for a card from them when I applied with a 780ish score and a single inquiry. They came back with a denial and sent me preapproval offers for the same card a few weeks later. Also Wells Fargo is in some legal issues so account holder beware. I belive you need to garden and see your scores plus profile in a year.

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

AlanGJP — Mon, 11 Sep 2023 06:51:20 GMT

I can provide a data point for WF. I moved much of my cash from WF to Citi and when I requested a CLI, I was turned down on one of my cards. (The other two I was approved) They cited a drop in balance as a potential reason. I can't say for certain it's the reason why, but I can say nothing in my profile has gotten worse and much has improved since the last CLI.

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

Dadof31978 — Mon, 11 Sep 2023 21:26:28 GMT

You don't need a relationship..banks aren't friends, they are banks..they don't care about you..you need good credit and nothing else.

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

Beefy1212 — Tue, 12 Sep 2023 15:24:33 GMT

@FireMedic1 wrote:
Theres always the PayPal MC. 2% on everything. Pay with PayPal online. 3% CB.

How at does a MasterCard help them at Costco that only takes Visa? And they were already turned down by Sync, and Venmo?

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

Beefy1212 — Tue, 12 Sep 2023 15:26:00 GMT

@Dadof31978 wrote:
You don't need a relationship..banks aren't friends, they are banks..they don't care about you..you need good credit and nothing else.

This simply isn't true especially with credit unions, building a friendship is also not the issue, it is about building a finanical relationship

Re: Which bank to build relation with to have easier time to get their card? BoA, US Bank or Well Fa

shadanat — Tue, 12 Sep 2023 15:34:42 GMT

Just throwing this out here but have you considered Citi and the Citi Costco card?