topic Re: Regret not applying for Barclays! Is it too late? in Credit Cards

Regret not applying for Barclays! Is it too late?

AeroKrix — Thu, 03 Apr 2014 15:18:03 GMT

So I was approved for a lot cards from Jan to Mar 1st For the following...

NFCU nRewards and NavCheck, Target, Express, Sony Visa, DCU Visa, Discover, Total Rewards, and amazon(my last app)

My TU has 10 inquiries at this moment. I kind of regret not going for Barclays, due to the fact that I currently pay all my utilities and cell via CapOne CC, which total about $1200/mo. So, would Barclays decline me based on my TU FICO and inquires...no baddies or lates.

Re: Regret not applying for Barclays! Is it too late?

Involver — Thu, 03 Apr 2014 15:26:28 GMT

With 9 new accounts / INQs dating back to the beginning of the year and a 662 luck might not be on your side with Barclay's on this one, IMO.

Re: Regret not applying for Barclays! Is it too late?

yudeology101 — Thu, 03 Apr 2014 15:26:44 GMT

Based on your info & the scores provided on your sig, you may ok for the Barclays rewards card for average credit. However, with all those new accounts popping up on your CR & those recent INQs, there is a possible chance of getting denied as Barclays is INQ sensitive from what I've read in the past. It's up to you if you wanna pull the trigger for it, have you tried their pre-qual first and see anything matches your profile?

Re: Regret not applying for Barclays! Is it too late?

Anonymous — Thu, 03 Apr 2014 15:30:17 GMT

with so many inquiries and new accounts, it will probably be a lot tougher now.

I'm guessing you are probably going for the Barclays rewards card? i'd make sure to go for the "average credit" version if you want to take a shot at it.

Re: Regret not applying for Barclays! Is it too late?

AeroKrix — Thu, 03 Apr 2014 15:31:54 GMT

@yudeology101 wrote:
Based on your info & the scores provided on your sig, you may ok for the Barclays rewards card for average credit. However, with all those new accounts popping up on your CR & those recent INQs, there is a possible chance of getting denied as Barclays is INQ sensitive from what I've read in the past. It's up to you if you wanna pull the trigger for it, have you tried their pre-qual first and see anything matches your profile?

I've tried the prequel link and it "recommends" the rewards aspiring prime. The problem I have with prequals is that you never know how old their info is.

Re: Regret not applying for Barclays! Is it too late?

Anonymous — Thu, 03 Apr 2014 15:56:05 GMT

If you only get "recommendations" they don't even have an actual offer for you. You'd get a "congratulations" or something like that if they had an actual pre-approval for you.

Re: Regret not applying for Barclays! Is it too late?

AeroKrix — Thu, 03 Apr 2014 15:59:15 GMT

@Anonymous wrote:
If you only get "recommendations" they don't even have an actual offer for you. You'd get a "congratulations" or something like that if they had an actual pre-approval for you.

It's odd, I never get pre approved for anything. Even CapOne, but I have no problems getting credit with them.

Re: Regret not applying for Barclays! Is it too late?

newUser0 — Thu, 03 Apr 2014 16:05:38 GMT

Same here buddy. If I do get Pre-Approved, it will be for cards with high AF, so I don't trust this personally.

IMO, If you are confident of your profile, I will go ahead and PULL

Re: Regret not applying for Barclays! Is it too late?

yudeology101 — Thu, 03 Apr 2014 16:06:17 GMT

@AeroKrix wrote:
@Anonymous wrote:
If you only get "recommendations" they don't even have an actual offer for you. You'd get a "congratulations" or something like that if they had an actual pre-approval for you.
It's odd, I never get pre approved for anything. Even CapOne, but I have no problems getting credit with them.

i was NEVER pre-approved for ANYTHING going through those pre-qual sites, but been very fortunate that i was approved for just about all the cards i wanted on my wish list. Last week, i pulled the trigger for Arrival (AF version) but once again i tried the pre-qual from Barclays and it didn't offer me anything, nada zip.

Re: Regret not applying for Barclays! Is it too late?

AeroKrix — Thu, 03 Apr 2014 16:09:18 GMT

@yudeology101 wrote:
@AeroKrix wrote:
@Anonymous wrote:
If you only get "recommendations" they don't even have an actual offer for you. You'd get a "congratulations" or something like that if they had an actual pre-approval for you.
It's odd, I never get pre approved for anything. Even CapOne, but I have no problems getting credit with them.
i was NEVER pre-approved for ANYTHING going through those pre-qual sites, but been very fortunate that i was approved for just about all the cards i wanted on my wish list. Last week, i pulled the trigger for Arrival (AF version) but once again i tried the pre-qual from Barclays and it didn't offer me anything, nada zip.

How many INQ and new accounts within 6 mo when you applied?

Re: Regret not applying for Barclays! Is it too late?

yudeology101 — Thu, 03 Apr 2014 16:12:45 GMT

@AeroKrix wrote:
@yudeology101 wrote:
@AeroKrix wrote:
@Anonymous wrote:
If you only get "recommendations" they don't even have an actual offer for you. You'd get a "congratulations" or something like that if they had an actual pre-approval for you.
It's odd, I never get pre approved for anything. Even CapOne, but I have no problems getting credit with them.
i was NEVER pre-approved for ANYTHING going through those pre-qual sites, but been very fortunate that i was approved for just about all the cards i wanted on my wish list. Last week, i pulled the trigger for Arrival (AF version) but once again i tried the pre-qual from Barclays and it didn't offer me anything, nada zip.
How many INQ and new accounts within 6 mo when you applied?

10~12 on TU. I have 36 on EX and i lost track on my EQ

Re: Regret not applying for Barclays! Is it too late?

creditFiend — Thu, 03 Apr 2014 16:14:11 GMT

Congrats on your approvals! I've only had Barclays a couple months & approved for Total Rewards & WMDiscover the same time. The things I've read about Barclay's, have me paranoid. I was approved for NavCheck two weeks ago, & no AA thus far. YMMV. IMO, they may not like the nine recent inquiries & accounts. I understand you wanting to maximize your rewards, but I would garden a few months with those nice new TLs, then go for Barclays a bit later. You don't want to risk a denial & another HP! But in the end, it's YOUR decision. GL!

Re: Regret not applying for Barclays! Is it too late?

elbori357 — Thu, 03 Apr 2014 16:18:34 GMT

@yudeology101 wrote:
@AeroKrix wrote:
@yudeology101 wrote:
@AeroKrix wrote:
@Anonymous wrote:
If you only get "recommendations" they don't even have an actual offer for you. You'd get a "congratulations" or something like that if they had an actual pre-approval for you.
It's odd, I never get pre approved for anything. Even CapOne, but I have no problems getting credit with them.
i was NEVER pre-approved for ANYTHING going through those pre-qual sites, but been very fortunate that i was approved for just about all the cards i wanted on my wish list. Last week, i pulled the trigger for Arrival (AF version) but once again i tried the pre-qual from Barclays and it didn't offer me anything, nada zip.
How many INQ and new accounts within 6 mo when you applied?
10~12 on TU. I have 36 on EX and i lost track on my EQ

Wondering about how sensitive they really are with INQ's. I think that it will depend on other factors and how thick is your Credit profile. I had an app with them in Feb got approved but withdraw the application.

Re: Regret not applying for Barclays! Is it too late?

Anonymous — Thu, 03 Apr 2014 16:21:21 GMT

i don't mean to say pre-approval or not getting a pre-approvals means all that much most of the time. I was approved for the Sapphire and Freedom at the same time back in august '12 with 1 year history, my EQ04 was slightly under 700 then. Also got approved for the Cash+ in december '12 with a sub-700 equifax (that was the score they sent, matched my scorewatch). Back at the time, a lot of ppl would have said those were wasted hard pulls, but the closest i got to even having to recon was a couple of verification questions(no asking abouy my job and income, no explaining why i wanted chase products. a straight up verification) from Chase.

Re: Regret not applying for Barclays! Is it too late?

Anonymous — Thu, 03 Apr 2014 16:27:00 GMT

the timing of the inquiries matters too (along with the amont of new credit). And like you said, overall credit history too. Everything a little bit YMMV because no single metric, no matter how important we all say it is, exists in a bubble with regards to our credit reports.

@elbori357 wrote:

Wondering about how sensitive they really are with INQ's. I think that it will depend on other factors and how thick is your Credit profile. I had an app with them in Feb got approved but withdraw the application.

Re: Regret not applying for Barclays! Is it too late?

Vegas247 — Thu, 03 Apr 2014 17:06:42 GMT

@AeroKrix wrote:
So I was approved for a lot cards from Jan to Mar 1st For the following...

NFCU nRewards and NavCheck, Target, Express, Sony Visa, DCU Visa, Discover, Total Rewards, and amazon(my last app)

My TU has 10 inquiries at this moment. I kind of regret not going for Barclays, due to the fact that I currently pay all my utilities and cell via CapOne CC, which total about $1200/mo. So, would Barclays decline me based on my TU FICO and inquires...no baddies or lates.

I would do it the safe and easy way. I would call the backdoor number (Barclays: 866-408-4064 (Credit Analyst) and explain like you did here that you need a card for your utilities and you spend $1200/mo.......Tell them you have those INQ's but want that Rewards MC for Utilities, and put the approval on their shoulders...Tell them that you have not yet applied, but would like their help (do you get it).....see what they say first. This number is basically the recon line,so if you app on phone with them, and they spend time working with you, they are more likely to help get you approved since they spent time with you...... This is how I would do it if I was in your situation. I feel this is a safe way to judge if you should app, and in the same time get an instant recon if needed!

Re: Regret not applying for Barclays! Is it too late?

AeroKrix — Thu, 03 Apr 2014 17:54:14 GMT

@Vegas247 wrote:
@AeroKrix wrote:
So I was approved for a lot cards from Jan to Mar 1st For the following...

NFCU nRewards and NavCheck, Target, Express, Sony Visa, DCU Visa, Discover, Total Rewards, and amazon(my last app)

My TU has 10 inquiries at this moment. I kind of regret not going for Barclays, due to the fact that I currently pay all my utilities and cell via CapOne CC, which total about $1200/mo. So, would Barclays decline me based on my TU FICO and inquires...no baddies or lates.
I would do it the safe and easy way. I would call the backdoor number (Barclays: 866-408-4064 (Credit Analyst) and explain like you did here that you need a card for your utilities and you spend $1200/mo.......Tell them you have those INQ's but want that Rewards MC for Utilities, and put the approval on their shoulders...Tell them that you have not yet applied, but would like their help (do you get it).....see what they say first. This number is basically the recon line,so if you app on phone with them, and they spend time working with you, they are more likely to help get you approved since they spent time with you...... This is how I would do it if I was in your situation. I feel this is a safe way to judge if you should app, and in the same time get an instant recon if needed!

I have never heard of applying for a card this way...this intrigues me oh so very much. i will definitely try it! I'll post my success or failure

Re: Regret not applying for Barclays! Is it too late?

Vegas247 — Thu, 03 Apr 2014 18:00:49 GMT

@AeroKrix wrote:
@Vegas247 wrote:
@AeroKrix wrote:
So I was approved for a lot cards from Jan to Mar 1st For the following...

NFCU nRewards and NavCheck, Target, Express, Sony Visa, DCU Visa, Discover, Total Rewards, and amazon(my last app)

My TU has 10 inquiries at this moment. I kind of regret not going for Barclays, due to the fact that I currently pay all my utilities and cell via CapOne CC, which total about $1200/mo. So, would Barclays decline me based on my TU FICO and inquires...no baddies or lates.
I would do it the safe and easy way. I would call the backdoor number (Barclays: 866-408-4064 (Credit Analyst) and explain like you did here that you need a card for your utilities and you spend $1200/mo.......Tell them you have those INQ's but want that Rewards MC for Utilities, and put the approval on their shoulders...Tell them that you have not yet applied, but would like their help (do you get it).....see what they say first. This number is basically the recon line,so if you app on phone with them, and they spend time working with you, they are more likely to help get you approved since they spent time with you...... This is how I would do it if I was in your situation. I feel this is a safe way to judge if you should app, and in the same time get an instant recon if needed!
I have never heard of applying for a card this way...this intrigues me oh so very much. i will definitely try it! I'll post my success or failure

Good luck.....Barclay is not as bad as people make them out to be. I lovemy Barclay card!

Re: Regret not applying for Barclays! Is it too late?

AeroKrix — Thu, 03 Apr 2014 18:17:14 GMT

@Vegas247 wrote:
@AeroKrix wrote:
@Vegas247 wrote:
@AeroKrix wrote:
So I was approved for a lot cards from Jan to Mar 1st For the following...

NFCU nRewards and NavCheck, Target, Express, Sony Visa, DCU Visa, Discover, Total Rewards, and amazon(my last app)

My TU has 10 inquiries at this moment. I kind of regret not going for Barclays, due to the fact that I currently pay all my utilities and cell via CapOne CC, which total about $1200/mo. So, would Barclays decline me based on my TU FICO and inquires...no baddies or lates.
I would do it the safe and easy way. I would call the backdoor number (Barclays: 866-408-4064 (Credit Analyst) and explain like you did here that you need a card for your utilities and you spend $1200/mo.......Tell them you have those INQ's but want that Rewards MC for Utilities, and put the approval on their shoulders...Tell them that you have not yet applied, but would like their help (do you get it).....see what they say first. This number is basically the recon line,so if you app on phone with them, and they spend time working with you, they are more likely to help get you approved since they spent time with you...... This is how I would do it if I was in your situation. I feel this is a safe way to judge if you should app, and in the same time get an instant recon if needed!
I have never heard of applying for a card this way...this intrigues me oh so very much. i will definitely try it! I'll post my success or failure
Good luck.....Barclay is not as bad as people make them out to be. I lovemy Barclay card!

Thanks. But I might have to wait till my CR updates. I paid off all my credit cards to $0 and left 1 reporting <10%. CapOne doesnt update till the 4th, and IME, TU updates slowwwwww. I just pulled my CR from Amex and it still shows a balance of $800/$1300. Thank goodness for daily pulls, as I'll be on the edge of my seat waiting for CapOne to update.

Re: Regret not applying for Barclays! Is it too late?

yudeology101 — Thu, 03 Apr 2014 19:06:45 GMT

@Vegas247 wrote:
@AeroKrix wrote:
So I was approved for a lot cards from Jan to Mar 1st For the following...

NFCU nRewards and NavCheck, Target, Express, Sony Visa, DCU Visa, Discover, Total Rewards, and amazon(my last app)

My TU has 10 inquiries at this moment. I kind of regret not going for Barclays, due to the fact that I currently pay all my utilities and cell via CapOne CC, which total about $1200/mo. So, would Barclays decline me based on my TU FICO and inquires...no baddies or lates.
I would do it the safe and easy way. I would call the backdoor number (Barclays: 866-408-4064 (Credit Analyst) and explain like you did here that you need a card for your utilities and you spend $1200/mo.......Tell them you have those INQ's but want that Rewards MC for Utilities, and put the approval on their shoulders...Tell them that you have not yet applied, but would like their help (do you get it).....see what they say first. This number is basically the recon line,so if you app on phone with them, and they spend time working with you, they are more likely to help get you approved since they spent time with you...... This is how I would do it if I was in your situation. I feel this is a safe way to judge if you should app, and in the same time get an instant recon if needed!

The backdoor number for Barclays provided is the reconsideration line, they cannot help you when applying for any new cards over the phone. They will redirect you to a different department who handles the over-the-phone application process, so this is out of the question. The credit card app process goes through a series of process: issuer runs your application through a couple levels of analysis. The first is a computer program that crunches your numbers and spits out a yes or no, or holds your application for further analysis. If the system spits out "denied", then that's where the 'Recon' department comes in to the picture, where an actual human being (an analyst) will manually look over the the app for possible overturn on decision.

Just for kicks, i've just tried calling the Barclays' backdoor number provided (recon), and sure enough that's exactly what the analyst(ANNA) had mentioned.