topic Re: Wow HSBC Approved Me in Credit Cards

Wow HSBC Approved Me

orl2185 — Fri, 14 Mar 2008 13:48:43 GMT

With a very small CL 500, lol I will stay with the card even though it has a af of 39.00 apr 14.9 not the best in the world. Even though I've got far higher cl with other cards, I'm really happy that I was approved from a prime lender taking I got a bk from 05-06. So basically rep told me that they see higher cc on my report, but unable to give higher cl bc the bk thinggy, lol Lets see what gives with this TL. I also got a BOA plat visa recently with 3k cl, they noticing me now the bigger lenders that is

Re: Wow HSBC Approved Me

Red1Blue — Fri, 14 Mar 2008 14:08:22 GMT

Congrats....

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 14:49:10 GMT

congrats! your on your way!

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 14:50:02 GMT

Congrats, orl!

No offense, but with a score in the 750s, why are you messing around with an HSBC toy card with a toy CL? I know you have BK, but with scores like that I still think you could do better.

Re: Wow HSBC Approved Me

orl2185 — Fri, 14 Mar 2008 15:02:12 GMT

cheddar wrote:
Congrats, orl!

No offense, but with a score in the 750s, why are you messing around with an HSBC toy card with a toy CL? I know you have BK, but with scores like that I still think you could do better.

Yes MOD I agree with you, but I also will like a prime lender reporting a tl to the cra on my behalf. I'm not considered for the bigger lenders bc the bk.

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 15:20:45 GMT

wow, I didnt know hsbc was prime...I just recieved a pre-appr offer with no annual fee and cl of 2500, I ripped up the app...I didnt know they were prime

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 15:23:12 GMT

orl2185 wrote:

Yes MOD I agree with you, but I also will like a prime lender reporting a tl to the cra on my behalf. I'm not considered for the bigger lenders bc the bk.

HSBC is not a prime lender, particularly when they're issuing a card with a $500 CL.

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 15:25:26 GMT

scramblingin2007 wrote:

wow, I didnt know hsbc was prime...I just recieved a pre-appr offer with no annual fee and cl of 2500, I ripped up the app...I didnt know they were prime

They do have some prime products, but that is not their target market. The CL on the card is very telling as to whether it is one of their prime products or not. IMO, if you were offered a starting CL of $2500, it was a prime product.

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 15:27:27 GMT

crap! I will dig through the trash when I go home later.....UUGGHH

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 15:33:35 GMT

scramblingin2007 wrote:

crap! I will dig through the trash when I go home later.....UUGGHH

Just make sure it didn't say "up to $2500." You could get $300 on a subprime card and it would still technically be "up to $2500."

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 15:42:42 GMT

I had a card with them for 5 years, no CLI EVER, AF of $99 the whole time, never late, never over the limit. Not a big fan.....

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 15:48:31 GMT

cheddar wrote:

scramblingin2007 wrote:
crap! I will dig through the trash when I go home later.....UUGGHH

Just make sure it didn't say "up to $2500." You could get $300 on a subprime card and it would still technically be "up to $2500."

Yes cheddar, it did say "up too" . You saved me from last nights scraps from dinner, thanks!

Re: Wow HSBC Approved Me

orl2185 — Fri, 14 Mar 2008 15:51:12 GMT

cheddar wrote:

orl2185 wrote:

Yes MOD I agree with you, but I also will like a prime lender reporting a tl to the cra on my behalf. I'm not considered for the bigger lenders bc the bk.

HSBC is not a prime lender, particularly when they're issuing a card with a $500 CL.

The big issue is bc the bk or else I know it would have been far higher cl. Rep indicated to me that they will give out bigger cl down the road. They pulled my EX report and told me all looked great.

My DM also has this card started at 500 cli to 5k 8 months later. I got better scores than she does go figure. Remember other prime lenders start some lines at 500, citi, boa are examples chase has some cls at lower than that.

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 15:56:54 GMT

orl2185 wrote:

Remember other prime lenders start some lines at 500, citi, boa are examples chase has some cls at lower than that.

Yep, that is true. I'm really not trying to rain on your parade. I'm just a little bitter about HSBC.

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 16:00:22 GMT

Congrats are in order, orl.

Your opening cl is better than what I received. I've had the card for almost 18 months and I'm up to $750 on the cl. Struggling right now whether to close or not.

I echo cheddar's opinion...no disrespcet, but even with the BK, I'd think there are better cards out there for you. I'd do anything to have your scores.

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 16:00:25 GMT

I'm sorry I threadjacked.... Anyways....congrats on your card! btw, great scores!

Re: Wow HSBC Approved Me

orl2185 — Fri, 14 Mar 2008 16:02:14 GMT

cheddar wrote:

orl2185 wrote:

Remember other prime lenders start some lines at 500, citi, boa are examples chase has some cls at lower than that.
Yep, that is true. I'm really not trying to rain on your parade. I'm just a little bitter about HSBC.

LOL, I hear ya MOD. They not my favorite bank or come even to close to that. What happened with you and them if I may ask? I had one of their GM cards that was IIB. I think thats why the low cl, not bc my personal bk. They liars bigtime.

Re: Wow HSBC Approved Me

orl2185 — Fri, 14 Mar 2008 16:07:55 GMT

Ty Sylvia, really appreciate the fine comments.

Just kinda tired of not being able to apply for bigger lenders bc bk issue. I'm shocked they even consider me in the first place. I did love their GM card that I had some years back. Been shot down by few CU penfed patelco bc bk even though scores are decent. Not many lenders will consider with bk less than 2 years anyway.

Re: Wow HSBC Approved Me

Anonymous — Fri, 14 Mar 2008 16:18:09 GMT

@orl2185 wrote:
Ty Sylvia, really appreciate the fine comments.
Just kinda tired of not being able to apply for bigger lenders bc bk issue. I'm shocked they even consider me in the first place. I did love their GM card that I had some years back. Been shot down by few CU penfed patelco bc bk even though scores are decent. Not many lenders will consider with bk less than 2 years anyway.

I understand, so: Yayyyy!! Super congrats orl! I'm happy for you. WTG.

You understand EXACTLY what you are doing. Hold fast to your plans then. I guess you consider them to be a rebuilder card. Good for you!

They are pretty good at granting cli's AFTER 6 months, and every 6 month period thereafter. And notorious for declining cli requests sooner than 6 months.

Re: Wow HSBC Approved Me

Red1Blue — Fri, 14 Mar 2008 16:24:09 GMT

The only offer I get from BOA is a secured card. What difference does it make if they are prime or not. HSBC consolidated 2 cards into one, returned the CLI fees I paid on both cards and on top of it they gave me $400 CLI. I can not complain about HSBC. As orl said after few months they might reward generously.

Message Edited by concorduser on 03-14-2008 09:24 AM