topic Re: PSECU Credit Card Golden Ticket Story in Credit Cards

PSECU Credit Card Golden Ticket Story

Anonymous — Wed, 16 Dec 2009 16:11:49 GMT

I wanted to share this story with everyone as I found it quite interesting.

I applied for a PSECU account for the obvious reasons detailed in other threads. After about a month with no reply, my thought was they would not open an account for me. All of a sudden, literally after forgetting all about it, I get a letter in the mail with my new account information. This was nearly four months after applying to open the account. Wow, I knew they were taking some time of late but this is crazy.

Now, I have the account, so the next obvious step was try for a credit card. Good or bad, I have apped and received lots of cards over the last six months. I also now received a couple of rejections for "too many inquiries". My thought was, the app damage is done for a year or two so I might as well get in any other apps I wanted to try for now. Anyway, I submitted the app for PSECU and waited for the rejection letter. As expected, the letter arrived in the mail with the "too many inquiries" rejection. The very next day, I received the "golden ticket" referred to in other threads. My first thought was "circular file" but after reading threads on here, I decided to give it a go. So, I dropped it in the mail. Today I received a card with an $8000 limit. So even though the rejection arrived the day before the "golden ticket", I still received a card. Apparently the "golden ticket" is truly just that. If you should get one of these in the mail, I would recommend sending it in.

Thanks,

Jason

Re: PSECU Credit Card Golden Ticket Story

IOBA — Fri, 18 Dec 2009 01:11:34 GMT

Wow!! I soo want an account with PSECU. I am waiting for the right opportunity to arise.

Re: PSECU Credit Card Golden Ticket Story

Anonymous — Fri, 18 Dec 2009 09:23:19 GMT

Welcome to the forum, jtsongas!

Thanks for the post, and congrats on the card!

Hope you will save me some time here...what is this "golden ticket" you're speaking of? A follow-up mailing to new members?

Re: PSECU Credit Card Golden Ticket Story

Anonymous — Fri, 18 Dec 2009 22:35:47 GMT

They send out a "pre-qualifed" letter with a stated CL. I got one as well after joining....though my membership didn't take anywhere near the time OP did.

Re: PSECU Credit Card Golden Ticket Story

Anonymous — Sat, 19 Dec 2009 11:33:48 GMT

Thanks, txjohn.

Nice to have the CL stated up front like that, before the app.

Re: PSECU Credit Card Golden Ticket Story

Lyythine — Mon, 21 Dec 2009 03:26:30 GMT

I just received my membership info two days ago... took almost 2 months, however, I did have to verify address, which took an extra two weeks.

Re: PSECU Credit Card Golden Ticket Story

Anonymous — Mon, 21 Dec 2009 03:47:24 GMT

They must be swamped. I am holding on my app right now. Did you guys get a hard or soft INQ at membership time? Depending on the answer I suppose I could go ahead and do it. I also might wait until April or May.

Re: PSECU Credit Card Golden Ticket Story

DI — Mon, 21 Dec 2009 03:49:51 GMT

@Anonymous wrote:
They must be swamped. I am holding on my app right now. Did you guys get a hard or soft INQ at membership time? Depending on the answer I suppose I could go ahead and do it. I also might wait until April or May.

CWCID- How did you manage to become a member with PSECU and not live in the area. I am still trying without any luck. Sorry for the TJ.

Re: PSECU Credit Card Golden Ticket Story

Anonymous — Mon, 21 Dec 2009 03:52:48 GMT

@DI wrote:
@Anonymous wrote:
They must be swamped. I am holding on my app right now. Did you guys get a hard or soft INQ at membership time? Depending on the answer I suppose I could go ahead and do it. I also might wait until April or May.
CWCID- How did you manage to become a member with PSECU and not live in the area. I am still trying without any luck. Sorry for the TJ.

As tight as it is I am fully qualifed for membership under their FOM.

Re: PSECU Credit Card Golden Ticket Story

DI — Mon, 21 Dec 2009 04:06:54 GMT

@Anonymous wrote:
@DI wrote:
@Anonymous wrote:
They must be swamped. I am holding on my app right now. Did you guys get a hard or soft INQ at membership time? Depending on the answer I suppose I could go ahead and do it. I also might wait until April or May.
CWCID- How did you manage to become a member with PSECU and not live in the area. I am still trying without any luck. Sorry for the TJ.
As tight as it is I am fully qualifed for membership under their FOM.

I'm SOL.

Re: PSECU Credit Card Golden Ticket Story

Anonymous — Mon, 21 Dec 2009 04:23:07 GMT

@Anonymous wrote:
They must be swamped. I am holding on my app right now. Did you guys get a hard or soft INQ at membership time? Depending on the answer I suppose I could go ahead and do it. I also might wait until April or May.

It was a hard pull. The pull was way back when I originally sent in the account app.