topic Re: Approved for 17.5K Nationwide Bank Visa® Credit Card in Credit Cards

Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Sun, 16 Aug 2009 03:39:01 GMT

Just thought I would tell everyone theres a new bank that was just formed by Nationwide called Nationwide Bank

and they are offering credit cards at low interest rates and very generous CL's. I just applied for one yesterday

and got an email back saying I was approved for a Nationwide Bank Visa card with a 0% fixed APR and then 7.24% APR thereafter. They gave me an inital CL of 17.5K with only a 702 EFX score and 79K/yr Income. They pulled Equifax for my app.

They also offer a business credit card and I applied for that card as well but know status update yet on that one.

There website is : http://www.nationwide.com/credit-card.jsp

The business credit card link is : http://www.nationwide.com/business-credit-card.jsp

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Sun, 16 Aug 2009 17:27:04 GMT

Did they only pull EQ?

Did you have any other Nationwide relationships (insurance, etc)?

How many recent accounts or inquiries prior to this application?

What does your AAoA, utilization and balances look like?

Thanks for the info....many will be interested

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Sun, 16 Aug 2009 20:45:03 GMT

Hi, txjohn

Yes they only pulled EFX for me. I did not have any prior Nationwide relationships. I had 3 INQ's on my EFX report when I applied. My Beacon score was 702. My Average age of accounts is 39 months. No recent new accounts showing on my EFX report, but I was recently within the last few weeks approved for a USAA Amex, Chase Visa, and a UPBC Line of Credit. My wife also applied for this Natonwide Visa card about two months ago and was approved for a card as well but her CL was 12K (Her FICO was 692 & 54K/yr income).

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

ocheosa — Sun, 16 Aug 2009 23:19:16 GMT

Thanks for the info OP!

Not sure what I was thinking...hit the submit button and got the dreaded under review.15 days message..Drats!.

No more apps for me until 2012. And I'm busting out of the gates with 2 amex apps...will need the reaging prior to the app spree soon to follow....

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Mon, 17 Aug 2009 00:12:24 GMT

i app'd also and received the 15 day message. OP, did you also receive the 15 day message?

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Red1Blue — Mon, 17 Aug 2009 00:50:47 GMT

Congrats...

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Mon, 17 Aug 2009 14:55:52 GMT

@Anonymous wrote:
Hi, txjohn

Yes they only pulled EFX for me. I did not have any prior Nationwide relationships. I had 3 INQ's on my EFX report when I applied. My Beacon score was 702. My Average age of accounts is 39 months. No recent new accounts showing on my EFX report, but I was recently within the last few weeks approved for a USAA Amex, Chase Visa, and a UPBC Line of Credit. My wife also applied for this Natonwide Visa card about two months ago and was approved for a card as well but her CL was 12K (Her FICO was 692 & 54K/yr income).

Thanks for the info.

Follow up questions: Do you have a mortgage on CR? If so, how old? Do you have an auto? How old? Lastly, what was your highest CL (cc) prior to your Nationwide app?

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

ocheosa — Mon, 17 Aug 2009 18:59:48 GMT

Quick update for those in NJ: Nationwide pulled TU for me.

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

pattycake — Mon, 17 Aug 2009 19:47:08 GMT

@ocheosa wrote:
Quick update for those in NJ: Nationwide pulled TU for me.

Keep us posted - those 0% offers are really enticing...

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Mon, 17 Aug 2009 20:28:14 GMT

I just app'ed and got the 15 day message. TU is 797 and EQ is 794. 55k/yr income. Prior to this, 2 inq on EQ and no inq on TU. Average age is 9 years on TU and 6 years on EQ. Highest CL is $2500.

I should know tomorrow who Nationwide pulled and will post it FYI.

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Tue, 18 Aug 2009 13:30:48 GMT

I live in Virginia and Nationwide pulled my TU only.

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

jorin — Tue, 18 Aug 2009 14:00:41 GMT

Has anyone other than the OP received an instant email response stating their limits and rates? Curious how everyone else is getting a 15 day wait message.. Has anyone else been approved for this card yet? And if so, what is your interest rate and CL?

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

ocheosa — Tue, 18 Aug 2009 23:54:26 GMT

@jorin wrote:
Has anyone other than the OP received an instant email response stating their limits and rates? Curious how everyone else is getting a 15 day wait message.. Has anyone else been approved for this card yet? And if so, what is your interest rate and CL?

I just spoke to a cust svc rep. She said since the credit department is closed on the weekend, my app was just entered into the system yesterday (Monday). She said the applications are manual and it takes 2-3 weeks for processing. So unfortunately, no instant for me. TU FICO 762 - 2 Inqs - Income 100k - AAoA 4 yrs

Message Edited by ocheosa on 08-18-2009 04:54 PM

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

jorin — Wed, 19 Aug 2009 14:50:52 GMT

Which makes it even more curious that the OP claims to have applied and recieved a response the next day... Hmm...

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

ocheosa — Wed, 19 Aug 2009 15:27:22 GMT

I'm thinking maybe he had a slimmer file. I have a loaded credit report (mortgage, car, many cc's open & closed), which may take more time. Who knows the reasons these days.

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Wed, 19 Aug 2009 15:43:17 GMT

Credit pulls database at creditboards shows that they will pull any report. Alot of denials on there too.

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

ocheosa — Wed, 19 Aug 2009 15:52:40 GMT

@Anonymous wrote:
Credit pulls database at creditboards shows that they will pull any report. Alot of denials on there too.

those are old results

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Wed, 19 Aug 2009 16:01:06 GMT

@ocheosa wrote:
@Anonymous wrote:
Credit pulls database at creditboards shows that they will pull any report. Alot of denials on there too.
those are old results

Old results? You mean this isn't a new bank either?

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

Anonymous — Wed, 19 Aug 2009 16:07:29 GMT

The results were from June and July of last year.

Re: Approved for 17.5K Nationwide Bank Visa® Credit Card

ocheosa — Wed, 19 Aug 2009 16:07:57 GMT

@Anonymous wrote:
@ocheosa wrote:
@Anonymous wrote:
Credit pulls database at creditboards shows that they will pull any report. Alot of denials on there too.
those are old results
Old results? You mean this isn't a new bank either?

You guys are killing me!....hence my earlier remark "Not sure what I was thinking..." I apped before researching. Too late now.