topic Re: Wells Fargo Approved in Credit Cards

Wells Fargo Approved

Anonymous — Mon, 24 Sep 2012 12:55:40 GMT

I know Wells Fargo cards aren't the best, but I have been banking there for seven years and thought they might give me a high limit card. I was correct! I was approved for a $3,500 limit. I am so excited to finally have a card with a limit above $500.

I wish I had found these forums years ago. They have literally changed my life.

Re: Wells Fargo Approved

Anonymous — Mon, 24 Sep 2012 14:38:53 GMT

Congratulations! I just got approved last month, as well, so I guess this makes us WF family.

Like you, I wanted the card because I bank there. They've given me my highest CL so far -- 7000 -- so I can't complain.

Re: Wells Fargo Approved

Anonymous — Mon, 24 Sep 2012 14:44:33 GMT

@Anonymous wrote:
Congratulations! I just got approved last month, as well, so I guess this makes us WF family.

Like you, I wanted the card because I bank there. They've given me my highest CL so far -- 7000 -- so I can't complain.

Congrats !

what is your credit score at that time ? how long you are in relationship with WF bank ? do you think what is the factor to contribute to very very good CL as your initial CL with WF ? is it income, good score or solid relationship with WF for long time ?

Thnkx

Re: Wells Fargo Approved

Revelate — Mon, 24 Sep 2012 14:44:49 GMT

Congrats señor.

I am a big fan of talking to any bank you have a long relationship with for a credit card. There's nothing but goodness in leveraging that, and not every card can be top calibre. Debatably they shouldn't anyway, and WF cards are more than acceptable for anyone's portfolio.

Especially when any national bank gets you across the $1000 line, 3500 is a nice limit as it's a short walk to signature-level cards from that if you so desire.

Re: Wells Fargo Approved

Anonymous — Mon, 24 Sep 2012 14:46:26 GMT

Congrats!!!!! I used the same strategy to get my wife her first CC card. No one else would approve her for a card because she didn't have any other credit history other than being an AU on my amex account for a couple years. I really did not want to do a secured card and figured they would be a good bet because she held accounts with them for over 10 years. They approved her instantly for 1.5k... so I guess I cannot complain about them

Re: Wells Fargo Approved

Anonymous — Mon, 24 Sep 2012 14:59:43 GMT

@Anonymous wrote:
@Anonymous wrote:
Congratulations! I just got approved last month, as well, so I guess this makes us WF family.

Like you, I wanted the card because I bank there. They've given me my highest CL so far -- 7000 -- so I can't complain.
Congrats !
what is your credit score at that time ? how long you are in relationship with WF bank ? do you think what is the factor to contribute to very very good CL as your initial CL with WF ? is it income, good score or solid relationship with WF for long time ?
Thnkx

My credit score was 723 at the time. I do think that length of relationship was a major factor. I've been with WF since they bought out Wachovia, and before that they were SouthTrust, and before that they were First National Bank of Lee County. So, I've had my accounts with them -- as one entity or another -- since the mid 90s. I'd like to think that a loooooong, and successful, banking relationship counts for something.

Re: Wells Fargo Approved

jdirilo — Mon, 24 Sep 2012 15:08:34 GMT

Congrats! I have been with WF for a year now. I opened a $500 secured card over a month ago, but before that was denied for an auto refinance and a personal loan so I am too scared to try for anything else again. I will just wait about 6-8 months and possibly consider apping again.

Re: Wells Fargo Approved

Anonymous — Mon, 24 Sep 2012 17:23:25 GMT

@Anonymous wrote:
I know Wells Fargo cards aren't the best, but I have been banking there for seven years and thought they might give me a high limit card. I was correct! I was approved for a $3,500 limit. I am so excited to finally have a card with a limit above $500.

I wish I had found these forums years ago. They have literally changed my life.

What is wrong with WF CC? I would like to get one when my credit is better.

Re: Wells Fargo Approved

Anonymous — Mon, 24 Sep 2012 19:18:54 GMT

I was approved for the Rewards card with WF and they only offer 3% cash back on gas and groceries. I get 5% on both my AMEX and Chase on select purchases. That 2% adds up pretty fast.

Re: Wells Fargo Approved

JustJen — Mon, 24 Sep 2012 20:16:38 GMT

Which credit report did they pull? I was with Wachovia and stayed on when Wells Fargo bought them out. They send me offers for credit cards all the time but I'm hesitant to apply since when I applied years and years ago I wasn't approved. Obviously my credit score/income aren't what they are today....but I know typically they're harder to get approved with.

I see the original poster said they got a decent limit....was $500 your highest before? Tinuviel...did they just match your highest or exceed it? I've been having a hard time to get any creditor to not just match my highest credit limit.

Re: Wells Fargo Approved

Poet34 — Mon, 24 Sep 2012 20:56:21 GMT

Calbuc, congratulations on your success!

Re: Wells Fargo Approved

Anonymous — Mon, 24 Sep 2012 21:59:12 GMT

@JustJen wrote:
Which credit report did they pull? I was with Wachovia and stayed on when Wells Fargo bought them out. They send me offers for credit cards all the time but I'm hesitant to apply since when I applied years and years ago I wasn't approved. Obviously my credit score/income aren't what they are today....but I know typically they're harder to get approved with.

I see the original poster said they got a decent limit....was $500 your highest before? Tinuviel...did they just match your highest or exceed it? I've been having a hard time to get any creditor to not just match my highest credit limit.

They exceeded it. The highest CL on my reports at the time of apping was $6400 -- with Cap1, of all things! At $7000, my new WF card is my highest limit.

Re: Wells Fargo Approved

Anonymous — Mon, 24 Sep 2012 23:04:40 GMT

Congrats

Re: Wells Fargo Approved

jsucool76 — Mon, 24 Sep 2012 23:46:37 GMT

Congrats!

Wells is actually one of the banks that kinda values a relationship with its customers when it comes to credit cards.

Re: Wells Fargo Approved

LS2982 — Tue, 25 Sep 2012 00:36:32 GMT

CONGRATS!!!!!

Re: Wells Fargo Approved

Anonymous — Tue, 25 Sep 2012 00:37:46 GMT

Congrats

Re: Wells Fargo Approved

Revelate — Tue, 25 Sep 2012 00:56:46 GMT

Jsu:

Which banks these days do you see which aren't rewarding customer loyalty? At least out of the major diversified ones? (that excludes C1 in my opinion)

Re: Wells Fargo Approved

Anonymous — Tue, 25 Sep 2012 01:11:12 GMT

Congrats!

Re: Wells Fargo Approved

LionLaw — Tue, 25 Sep 2012 03:27:09 GMT

Congrats!

I will always be grateful to Wells Fargo. My credit went into the toilet after I lost my job in 2009, and for a couple years the only CC I had was my Discover, which had its CL reduced to $500. But I'd had a checking account with Wells Fargo and its predecessors since 1996, and it had always been in good standing. So, after a few months at my new job, Wells must have noticed the fat direct deposit coming in regularly, because one day, as I logged into my online account, I was greeted with a pre-approved invitation to apply for a Visa. So, I applied, and despite my low-600s credit score, I was instantly approved for a $3,000 CL. I was floored! It was a great feeling, and it was the inspiration I needed to start taking an active interest in managing my credit.

Re: Wells Fargo Approved

andre181 — Tue, 25 Sep 2012 04:55:59 GMT

Congrats!

WF was my first credit card. I was approved on my 18th birthday with a $1k CL so they will always hava a special place in my heart.