topic Re: Barclays Rewards Mastercard in Credit Cards

Barclays Rewards Mastercard

fedxboy — Thu, 05 Apr 2012 15:22:03 GMT

Applied last night, I don't know why -- maybe to diversify. Last time I applied for anything was a student Discover in Dec 2011 and I was declined for that.

Last time I was approved for anything was in October 2011, so as of Dec 12 -- I've been gardening, but I think I wanted some Lovin!!!!

Long story short, I checked my status and I was declined for Barclays:

We also obtained your credit score from this consumer reporting agency and used it in making our credit decision. Your credit score is a number that reflects the information in your credit report. Your credit score can change, depending on how the information in your credit report changes.
Your credit score:703
Date:04/05/2012
Scores range from a low of 300 to a high of 850

Oh well, I suspect my student loans may be a bit too high, although all in deferment!!

We regret that we're unable to approve you for a credit card account due to the following reason(s):

Debt to income ratio too high

Well on another note, Easter is coming and MACY'S is having a sale, so I app'd there and naturally, they said APPROVED and I could start shopping now.......but I don't know my limit...

Back to gardening, I guess (pries fingers off keyboard)

Re: Barclays Rewards Mastercard

LS2982 — Thu, 05 Apr 2012 15:35:06 GMT

@fedxboy wrote:
Applied last night, I don't know why -- maybe to diversify. Last time I applied for anything was a student Discover in Dec 2011 and I was declined for that.

Last time I was approved for anything was in October 2011, so as of Dec 12 -- I've been gardening, but I think I wanted some Lovin!!!!

Long story short, I checked my status and I was declined for Barclays:

We also obtained your credit score from this consumer reporting agency and used it in making our credit decision. Your credit score is a number that reflects the information in your credit report. Your credit score can change, depending on how the information in your credit report changes.
Your credit score:703
Date:04/05/2012
Scores range from a low of 300 to a high of 850

Oh well, I suspect my student loans may be a bit too high, although all in deferment!!

We regret that we're unable to approve you for a credit card account due to the following reason(s):
Debt to income ratio too high
Well on another note, Easter is coming and MACY'S is having a sale, so I app'd there and naturally, they said APPROVED and I could start shopping now.......but I don't know my limit...

Back to gardening, I guess (pries fingers off keyboard)

Barclays: 866-408-4064 (Credit Analyst)

Call this number and try for a recon.

Re: Barclays Rewards Mastercard

flowfaster — Thu, 05 Apr 2012 16:02:57 GMT

+ 1. Def call for a recon. Post back with your result.

Re: Barclays Rewards Mastercard

Anonymous — Thu, 05 Apr 2012 16:17:53 GMT

Definitely recon. I got denied but I called them and instantly got approved. You just need to explain your situation for the denial reasons.

Re: Barclays Rewards Mastercard

bichonmom — Thu, 05 Apr 2012 16:33:33 GMT

Barclay's is really good on recons. It's worth the call since you've already taken the HP. Maybe the lesson for both of us is not to app at night! (Chase gave me a 2-week message, in case you didn't read my thread.)

Re: Barclays Rewards Mastercard

fedxboy — Fri, 06 Apr 2012 06:36:47 GMT

Well thanks for the backdoor number for a recon and the advice of others!!!!!

If I could turn back time, I would wish I didn't waste 2 inq's on either Barclays or Macy's.

I didn't realize -- Macy's is/was Kaufmann's, May CO and such.

I was doing soooo good gardening and my cards I have now are pretty much sufficient for any needs, except for the Fingerhut

I sometimes wonder if the Fingerhut inhibits any good offers from other primes or should I close it?

It did its job of getting me my current few Primes!

Re: Barclays Rewards Mastercard

bichonmom — Fri, 06 Apr 2012 06:43:18 GMT

@fedxboy wrote:
Well thanks for the backdoor number for a recon and the advice of others!!!!!

If I could turn back time, I would wish I didn't waste 2 inq's on either Barclays or Macy's.

I didn't realize -- Macy's is/was Kaufmann's, May CO and such.

I was doing soooo good gardening and my cards I have now are pretty much sufficient for any needs, except for the Fingerhut

I sometimes wonder if the Fingerhut inhibits any good offers from other primes or should I close it?

It did its job of getting me my current few Primes!

So, did you recon Barclays? They really are good on recons.

I know I was feeling the same way about my Chase app last night, but I decided to call the backdoor number since I had already taken the HP. And much to my surprise, they approved me for $3k. (not a lot, but my highest CL so far)

I know Macy's bought out Bullocks, but I thought Bloomies bought May Co. Are you blacklisted w/one of them?

I'm not sure about Fingerhut. Most people post here that the creditors you are with don't prevent you from being approved by prime CCs. But who knows? The CRs are looked at by humans, and we can't know what kind of underwriting guidelines they have, or are told to follow. Is it helping your util? If you have already gotten some prime CCs, then maybe you should close it -- unless it's making a diff w/your util.

Re: Barclays Rewards Mastercard

LS2982 — Fri, 06 Apr 2012 14:04:37 GMT

So what happened with the Barclays recon?

Re: Barclays Rewards Mastercard

learnin113 — Fri, 06 Apr 2012 14:08:41 GMT

@fedxboy wrote:
Well on another note, Easter is coming and MACY'S is having a sale, so I app'd there and naturally, they said APPROVED and I could start shopping now.......but I don't know my limit...

Back to gardening, I guess (pries fingers off keyboard)

That limit will be a lovely spankin $100, so good luck with the shopping

Re: Barclays Rewards Mastercard

fedxboy — Fri, 06 Apr 2012 14:34:26 GMT

I'm not going to do the "recon" for the Barclay's! I know, I already took the hit. I think I app'd to Barclays, since I read how lienient they are with credit, but I guess they didn't want me.

As for the Macy's -- the limit is $500 as far as I know. I only opened the Macy's for the 20% off (up to $100) to buy a suit and instead I bought a duvet and sheets and now not enough left for the suit.

Overall, it wasn't a sound credit decision -- Barclays and Macy's, since there goes another hit to my AAOA of 4 years 8 months...

I mean, last year my AAOA was like 7-8 years and I already cut that in half, by opening up the USBank, Chase, Amazon, and Wallys in Aug, Sept, and Oct.......

Re: Barclays Rewards Mastercard

LS2982 — Fri, 06 Apr 2012 14:38:59 GMT

Eh......I get what your saying but Barclays is almost a shoe in for recon.

Re: Barclays Rewards Mastercard

Anonymous — Fri, 06 Apr 2012 14:47:09 GMT

@LS2982 wrote:
Eh......I get what your saying but Barclays is almost a shoe in for recon.

+1 just tell them you want a person to confirm your credit report and answer any questions they may have, you maybe surprised of the approval

Re: Barclays Rewards Mastercard

jcastellanos212 — Thu, 23 May 2013 05:13:34 GMT

I just recently applied for barclays rewards mastercard and got denied. I thought they were very generous in lending to people with rebuilding their credit.

I have a BK discharged on 03/2012 and have 1 Cap one unsecured card with CL of 500, credit union unsecured CL 500 and Orchard bank (now cap one) with a 300 CL.

can anyone give any insight on the back door number for recon for barclays?

656 Equifax

651 trans

640 experian

any help would be greatly appreciated.

Re: Barclays Rewards Mastercard

Anonymous — Thu, 23 May 2013 05:19:02 GMT

Call this number for Barclays: 866-408-4064 (Credit Analyst)

The rewards mastercard has 2 versions, 1 of excellent credit history, 1 for good credit history. Did you apply for the right one? http://www.aboutbarclaycardus.com/prodsresource_products.php

The excellent version usually requires an almost spotless credit report or better.

I am not too familar with how lenient / stringent Barclays is exactly as well so I can't really give you advice on that. Best of luck with your recon call!

Re: Barclays Rewards Mastercard

improvingmycredit — Thu, 23 May 2013 05:41:15 GMT

@jcastellanos212 wrote:
I just recently applied for barclays rewards mastercard and got denied. I thought they were very generous in lending to people with rebuilding their credit.

I have a BK discharged on 03/2012 and have 1 Cap one unsecured card with CL of 500, credit union unsecured CL 500 and Orchard bank (now cap one) with a 300 CL.

can anyone give any insight on the back door number for recon for barclays?

656 Equifax
651 trans
640 experian

any help would be greatly appreciated.

Hey jcastellanos212!

Welcome to the forums.

Having just discharged a BK 3 months ago, it is very unlikely that Barclays with approve you, even on recon. But I would still try.

My suggestion is to give all of us your current credit profile and let us make some recommendations to you that might better get you in the door with creditors.

Good luck with the recon!

There are a lot of good creditors out there that are BK friendly. Your's is very newly discharged.

Re: Barclays Rewards Mastercard

improvingmycredit — Thu, 23 May 2013 05:43:45 GMT

Just one more thing.... you might do better to start your own thread regarding approval opportunities to grow your profile.

This particular thread is over 1 year old.

Again, good luck with your recon!

Re: Barclays Rewards Mastercard

jcastellanos212 — Thu, 23 May 2013 16:15:18 GMT

Thank you very much for the telephone number.

I was able to speak with them and they stated that even though my credit is getting better, they need more months of history to be able to approve the card. They stated that they would suggest at least another 6 months since the BK was discharged as of 3/2012.

I've taken the hit on the inquiry, so asking them to recon wasn't such a bad option.

very helpful.

Thank you =]

Re: Barclays Rewards Mastercard

jcastellanos212 — Thu, 23 May 2013 16:17:15 GMT

thank you 'improvingmycredit'

when you state give credit profile.. what exactly does this entail?

@improvingmycredit wrote:
@jcastellanos212 wrote:
I just recently applied for barclays rewards mastercard and got denied. I thought they were very generous in lending to people with rebuilding their credit.

I have a BK discharged on 03/2012 and have 1 Cap one unsecured card with CL of 500, credit union unsecured CL 500 and Orchard bank (now cap one) with a 300 CL.

can anyone give any insight on the back door number for recon for barclays?

656 Equifax
651 trans
640 experian

any help would be greatly appreciated.
Hey jcastellanos212!
Welcome to the forums.
Having just discharged a BK 3 months ago, it is very unlikely that Barclays with approve you, even on recon. But I would still try.
My suggestion is to give all of us your current credit profile and let us make some recommendations to you that might better get you in the door with creditors.
Good luck with the recon!
There are a lot of good creditors out there that are BK friendly. Your's is very newly discharged.