topic Re: So Nationwide in Credit Cards

So Nationwide

Anonymous — Tue, 20 Jul 2010 01:26:01 GMT

So I switched Auto insurance companies to Nationwide on my SUV and car....so what the heck just applied online for a card....got a plethora of ID questions and at the end just I would hear from them in 7-10 days?? Sorry I know alots been written about this card, but anyone had 24 questions and then leading to 7-10 days...my FICO TU is 737 EQ 757 no badies...TU has no INQ.....UTL is 5 percent....are they just weird with underwriting? Thanks guys

Re: So Nationwide

Anonymous — Tue, 20 Jul 2010 12:01:48 GMT

@Anonymous wrote:
So I switched Auto insurance companies to Nationwide on my SUV and car....so what the heck just applied online for a card....got a plethora of ID questions and at the end just I would hear from them in 7-10 days?? Sorry I know alots been written about this card, but anyone had 24 questions and then leading to 7-10 days...my FICO TU is 737 EQ 757 no badies...TU has no INQ.....UTL is 5 percent....are they just weird with underwriting? Thanks guys

Weird with underwriting. They do it manually.

Re: So Nationwide

Anonymous — Wed, 21 Jul 2010 18:57:09 GMT

Yippe so you thinnk I stand a chance?? How long usually does it take, i dont wanna call rather just get the letter then recon if denied

Re: So Nationwide

Anonymous — Wed, 21 Jul 2010 19:30:56 GMT

You could get a quick decision or it can drag out for weeks. I got mine in about 14 business days but others have waited longer and sometimes declined. They cannot be figured out.

Re: So Nationwide

Anonymous — Thu, 22 Jul 2010 02:56:54 GMT

I know I am regretting it, some people posted on here had my same scores and were declined, others had 2 baddies and 690 and got 10k....ahhh but I have never been asked so many questions for ID not to get an answer?? They already had run my social...or does everyone get the questions

Re: So Nationwide

Anonymous — Thu, 22 Jul 2010 03:30:25 GMT

I didn't apply for this card yet. But I think that they like people with high util so they will transfer their balances to them. I am just guessing though. I think I read that someone had 9% util and was denied bc they weren't using any credit.

Re: So Nationwide

Anonymous — Thu, 22 Jul 2010 03:42:51 GMT

ahhh see I was at 3-4% When they pulled TU only with a Mid 700 Fico 737 or 740 with AAoA at 4-5 Years, and no baddies and I only have 4 cards, One is a Bloomingdales Visa so sort of a store card, and then my Barclays, Lexus Visa Signature, and Nordstrom Visa....1 inq on my TU for my cell phone which will go away in 90 days! Total AVAIL-40K and I thought I was a shoe in! Guess not...Because I have 2 Store Like Visa cards, I know I have went off and said NO AMEX, I wonder if I should, FAKO EX Today was 800 and UTL was 2 percent....and had accounts listed older....which should i apply for? Deff want a charge card either the Premier Gold or Platinum just because of the travel, any suggestions with my FAKO, AAoA and UTL

Re: So Nationwide

Anonymous — Thu, 22 Jul 2010 04:25:06 GMT

So anyone think i have a shot wit the Nationwide, the INQ wont show if I bite the bullet and apply for 2 AMEX cards, I just dont know which ones, Anyone have any suggestions, I know for sure the Premier Gold Charge/Platinum but also want a Revolving for the mix....Any suggestions, I like the Starwoods...thanks guys

Re: So Nationwide

score_building — Thu, 22 Jul 2010 10:46:06 GMT

Store branded major credit cards are not 'store like'' as far as fico is concerned.

Any card with a visa/mc/amex/discover logo is a major cc period.

IME Nationwide doesn't love evidence that you may app and then not be profitable, for eg. inactive open accts.

Re: So Nationwide

Anonymous — Sat, 24 Jul 2010 04:19:57 GMT

Welll that was rather odd, I was approved just got in about 30 minutes ago so see a package from Nationwide, approved weird they never called. Anyway rep i spoke with was sweet they gave me 15,000k but at TIER 2...oh well dont carry balances, seems good so far.....so apparently they are giving again!! I dont remember though when the hype on the boards was high if the card looked the same, mine is a Silverish blue one very pretty! lol, anyway They pulled TU 740 at the time...UTL 4 percent...and I asked why they never called or asked for verification she said the computer was down when i applied at 11 pm haha and it would have been an AUTO Approval....well they have good car incurance and so far good CSR!!! Glad I got it, anyone else recently app for it, and for those of you who got it way back when, I think its great they did 15k but tier 2 APR will they adjust that?? Also didnt want to ask her how fast until I get a CLI....lol thanks good luck to anyone who applys also!!

Re: So Nationwide

Anonymous — Sat, 24 Jul 2010 16:20:32 GMT

What is tier 2? Interest rate difference? My card is plain Jane gray

Re: So Nationwide

Anonymous — Sun, 25 Jul 2010 01:59:30 GMT

0% APR for 6 months, then 12.9% not 7.8 Like most!!!! oh well not gonna carry

Re: So Nationwide

score_building — Sun, 25 Jul 2010 15:26:03 GMT

@Anonymous wrote:
0% APR for 6 months, then 12.9% not 7.8 Like most!!!! oh well not gonna carry
The rates people received were all over the board. Granted several reported receiving the lowest rate in the main NW thread here but most people do not receive the lowest rate, only certain candidates who are eligible based on the criteria they use, overall less than about 1/3 of those that apply.
Since PIF there's plenty of time to seek a reduction if you want, and won't pay any interest in the meantime, wouldn't sweat it.

Re: So Nationwide

score_building — Sun, 25 Jul 2010 14:37:14 GMT

FTR back when we were approved the tier 2 rate was either 9.24 or 11.24. Tier 1= 7.24. IIRC.

Yeah, we got the plain jane cards that they issued at that time.

@Anonymous wrote:
What is tier 2? Interest rate difference? My card is plain Jane gray

Re: So Nationwide

Anonymous — Sun, 25 Jul 2010 15:27:10 GMT

@score_building wrote:
FTR back when we were approved the tier 2 rate was either 9.24 or 11.24. Tier 1= 7.24. IIRC.
Yeah, we got the plain jane cards that they issued at that time.

@Anonymous wrote:
What is tier 2? Interest rate difference? My card is plain Jane gray

I'll take my 7.24% over a shiny card any day

Re: So Nationwide

score_building — Sun, 25 Jul 2010 15:32:16 GMT

@Anonymous wrote:

@score_building wrote:
FTR back when we were approved the tier 2 rate was either 9.24 or 11.24. Tier 1= 7.24. IIRC.
Yeah, we got the plain jane cards that they issued at that time.

@Anonymous wrote:
What is tier 2? Interest rate difference? My card is plain Jane gray

I'll take my 7.24% over a shiny card any day

Re: So Nationwide

TryN2Rebuild — Tue, 27 Jul 2010 03:59:16 GMT

Can anyone tell me if Nationwide is BK friendly?

Re: So Nationwide

Anonymous — Tue, 27 Jul 2010 12:20:20 GMT

@ewingerter wrote:
Can anyone tell me if Nationwide is BK friendly?

I don't think they are but who knows. Maybe they are, maybe they aren't. Depends on the underwriter.

Re: So Nationwide

rom828 — Tue, 03 Aug 2010 17:20:08 GMT

@Anonymous wrote:
So I switched Auto insurance companies to Nationwide on my SUV and car....so what the heck just applied online for a card....got a plethora of ID questions and at the end just I would hear from them in 7-10 days?? Sorry I know alots been written about this card, but anyone had 24 questions and then leading to 7-10 days...my FICO TU is 737 EQ 757 no badies...TU has no INQ.....UTL is 5 percent....are they just weird with underwriting? Thanks guys

I can't imagine that with your score and no baddies and low util and having your insurance with them that you wouldnt be approved instantly!!!!! Edited: Glad tos ee you DID get approved after all!! Didnt read posts carefully enough before I posted!!

After reading other posts about Nationwide on this forum, I decided to give it a shot because of the BT possibility.

TU is 694, no inqs and 1 paid state tax lien ($508) due to drop off April 2011. 15 yrs acct history w/ AAoA 4 yrs. Current utilization is 35% (up considerably due to home repairs; am diligently paying down!).

Got instant approval, with msg that I'd receive card in 7-10 days. Didn't give any CL or APR info.

I hope seeing a new TL doesnt make any other accounts twitchy. Last new acct is NFCU Platinum which turns 1 yr old in next month.

Re: So Nationwide

Anonymous — Sat, 28 May 2011 18:16:00 GMT

Did you get approved? and what was the credit limit?