topic Re: Applying for US Bank Cash+ Visa Signature over phone in Credit Cards

Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Anonymous — Mon, 01 Apr 2013 16:52:52 GMT

Just successfully applied for the US Bank Cash+ Visa Signature card over the phone. No instant approvals are ever given though according to th rep. Over hte phone it's always 7-10 days. I suspect if i call the backdoor number tomorrow, they can give me an answer quicker.

Just wanted to share this bit of news with the forum as this is a very useful card.

Number called: 1-800-285-8585

Re: Applying for US Bank Cash+ Visa Signature over phone

boomhower — Mon, 01 Apr 2013 16:09:56 GMT

Good luck, looks like a good rewards card.

Re: Applying for US Bank Cash+ Visa Signature over phone

Anonymous — Mon, 01 Apr 2013 16:14:45 GMT

@Anonymous wrote:
Just successfully applied for the US Bank Cash+ Visa Signature card over the phone. No instant approvals are ever given though according to th rep. Over hte phone it's always 7-10 days. I suspect if i call the backdoor number tomorrow, they can give me an answer quicker.

Just wanted to share this bit of news with the forum as this is a very useful card.

What number did you call too? I am thinking about it too.

Re: Applying for US Bank Cash+ Visa Signature over phone

WarJar101 — Mon, 01 Apr 2013 16:27:12 GMT

Wait you could apply over the phone? I thought there was no hope to obtain the card, unless you applied for it within a branch location. This is good news! So I guess I could throw it back on my list of cards to get. I would like the number as well please, I'll save it for an app in the future.

Re: Applying for US Bank Cash+ Visa Signature over phone

09Lexie — Mon, 01 Apr 2013 16:29:37 GMT

Congrats! What bureau did they pull?

Re: Applying for US Bank Cash+ Visa Signature over phone

Anonymous — Mon, 01 Apr 2013 16:36:46 GMT

@Anonymous wrote:
Just successfully applied for the US Bank Cash+ Visa Signature card over the phone. No instant approvals are ever given though according to th rep. Over hte phone it's always 7-10 days. I suspect if i call the backdoor number tomorrow, they can give me an answer quicker.

Just wanted to share this bit of news with the forum as this is a very useful card.

A number of us (FutureBillionaire for example) who have had that card a while feel that it has been really badly nerfed (loss of bill pay, airfare, home improvements, and pending loss of multiple $25 bonuses and bank account bonuses) because it was a REALLY great card! But without that history, just looking at it as a card, yes, looks pretty good.

Re: Applying for US Bank Cash+ Visa Signature over phone

Anonymous — Mon, 01 Apr 2013 16:53:04 GMT

Number called: 1-800-285-8585

Re: Applying for US Bank Cash+ Visa Signature over phone

Peteyglad — Thu, 02 May 2013 19:52:21 GMT

No go for me, just tried calling the number posted and was told I had to apply in person at a branch office. May try again later.

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Anonymous — Thu, 02 May 2013 21:04:52 GMT

You can try calling a branch nearest to you as well and see if they are willing to do it

Re: Applying for US Bank Cash+ Visa Signature over phone

fittiger — Thu, 02 May 2013 21:07:43 GMT

@Peteyglad wrote:
No go for me, just tried calling the number posted and was told I had to apply in person at a branch office. May try again later.

Thats the most absurd thing I've ever heard. Why would they not allow online or phone apps? I live in a state that does not have any US Bank branches.

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Anonymous — Thu, 02 May 2013 21:08:57 GMT

They just don't want too many people to be applying for it because they want to limit their exposure to credit cards.

Re: Applying for US Bank Cash+ Visa Signature over phone

LS2982 — Thu, 02 May 2013 21:18:55 GMT

@fittiger wrote:
@Peteyglad wrote:
No go for me, just tried calling the number posted and was told I had to apply in person at a branch office. May try again later.
Thats the most absurd thing I've ever heard. Why would they not allow online or phone apps? I live in a state that does not have any US Bank branches.

I was thinking the same thing, sounds like they are missing out on alot of potential cardholders.

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Anonymous — Thu, 02 May 2013 21:20:59 GMT

Wells Fargo is also doing a similar thing. You have to be a current customer with them to apply online, else you need to apply in a branch

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Peteyglad — Fri, 03 May 2013 12:34:17 GMT

Tried one more time yesterday to register over the phone with no luck. Since the nearest branch office to me is roughly 150 miles away I am going to be taking this card off my list.

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

fittiger — Tue, 07 May 2013 20:37:36 GMT

@Anonymous wrote:
They just don't want too many people to be applying for it because they want to limit their exposure to credit cards.

This doesn't quite make sense either. The Cash+ is the only credit card product that requires applying at a branch. The rest allow for me to apply online.

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Anonymous — Tue, 07 May 2013 20:44:27 GMT

@fittiger wrote:
@Anonymous wrote:
They just don't want too many people to be applying for it because they want to limit their exposure to credit cards.
This doesn't quite make sense either. The Cash+ is the only credit card product that requires applying at a branch. The rest allow for me to apply online.

It was their most abused product, probably by people who applied online.

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Anonymous — Tue, 07 May 2013 20:52:10 GMT

@Anonymous wrote:
@fittiger wrote:
@Anonymous wrote:
They just don't want too many people to be applying for it because they want to limit their exposure to credit cards.
This doesn't quite make sense either. The Cash+ is the only credit card product that requires applying at a branch. The rest allow for me to apply online.
It was their most abused product, probably by people who applied online.

That's probably true, although the "abuse" was different than for most other cards. Most abuse is doing manufactured spend (buying basically cash equivalents, whether coins from the mint in the past, Vanilla Reloads today) in quantities far exceeding what you would normally spend (because you get the money back straight away). Cash Plus abuse mainly came because people were able to pay big bills under the Bill Pay category. These were real spend, stuff people would have spent anyway but now get 5% back. (And to a smaller extent giftcards from Home Improvement and 5% of airfare).

Just much more than US Bank expected!

Now they have got rid of these bad categories, not sure why they need to restrict it to in region.

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Anonymous — Tue, 07 May 2013 21:10:22 GMT

They probably are kinda doing a "test run" experimenting with different categories from being implemented and some taken away for now. Until they can come up with something that is profitable for the bank and beneficial for the users, it will probably stay this way.

Everyone knows how badly abused this card was

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Anonymous — Tue, 07 May 2013 21:58:07 GMT

@Anonymous wrote:
They probably are kinda doing a "test run" experimenting with different categories from being implemented and some taken away for now. Until they can come up with something that is profitable for the bank and beneficial for the users, it will probably stay this way.

Everyone knows how badly abused this card was

Actually, I don't know how badly abused it was! But, unlike the manufactured spend stuff, where there were opportunities on many different cards, I guess anyone with a big regular bill to pay in the allowed areas would gravitate to this card. (My providers didn't allow this, so I just got $250 in 6 months, practically nonuse for some!)

Re: Applying for US Bank Cash+ Visa Signature over phone | Updated with #

Anonymous — Tue, 07 May 2013 22:02:23 GMT

Some people literally prepaid 1 whole year of rent, insurance, cable, phone and whatever bills they could include. That's probably as extreme as, if not more than those buying vanilla reloads on a daily basis. Seeing how creditors get 1-2% in fees and they are giving people 5% back (you could actually make the cashback rate even higher with other tricks such as bonus 25 per 100, etc), it probably incurred a huge loss for the bank, especially if you are using the card only for the 5% category