topic Re: Wachovia in Credit Cards

Wachovia

sammyfire2001 — Sun, 15 Jun 2008 13:42:25 GMT

I was thinking of getting a Wachovia card. I tried to do my usual research on here but to my surprise there aren't too many threads on here about Wachovia credit cards. From what I read they tend to pull TU, they don't like baddies and they tend to give very good CLs. Am I missing anything? Tu-697 Ex-697 EQ-703 as of 4/29/08

Re: Wachovia

marty56 — Sun, 15 Jun 2008 14:46:03 GMT

I dont know about their CC but I they pulled TU when I opend a checking account with them. I live in San Antonio if that helps.

Re: Wachovia

sammyfire2001 — Tue, 17 Jun 2008 17:24:50 GMT

sammyfire2001 wrote: I was thinking of getting a Wachovia card. I tried to do my usual research on here but to my surprise there aren't too many threads on here about Wachovia credit cards. From what I read they tend to pull TU, they don't like baddies and they tend to give very good CLs. Am I missing anything? Tu-697 Ex-697 EQ-703 as of 4/29/08

Well I applied yesterday and they pulled TU and EQ. I'll just have to wait and see. I'm glad they chose those 2 reports seeing as everyone loves to pull experian. So my ex report is chuck full of inqs.

Re: Wachovia

Creditaddict — Tue, 17 Jun 2008 17:31:20 GMT

Many many years ago when I lived in FL, friend and I opened checking accounts (separately) I didn't get an offer for credit, but they instantly offered him $3500 with his checking account. a year later or so he got it upped to i think 6900. but like i said this was many years ago.

Re: Wachovia

sammyfire2001 — Wed, 18 Jun 2008 00:02:11 GMT

So I called today and the nice Wachovia lady informed me that I had been denied and she said that she couldn't see a reason in the system. I can't wait to see what the reason is.

Re: Wachovia

Anonymous — Tue, 22 Jul 2008 22:15:04 GMT

I just applied for a CC last week and received a "Wachovia Classic" card with a $1500 CL, 14.99% APR and 0 AF. I do have a checking account with Wachovia so maybe that had something to do with it. EQ = 670.

Message Edited by westcoastcyc on 07-22-2008 03:15 PM

Re: Wachovia

Anonymous — Wed, 23 Jul 2008 00:51:36 GMT

@sammyfire2001 wrote:
So I called today and the nice Wachovia lady informed me that I had been denied and she said that she couldn't see a reason in the system. I can't wait to see what the reason is.

**bleep**! I thought with those scores you would have gotten the card. I have a checking account and a savings with them and never get offered anything. My scores let me know why though. sigh....

Re: Wachovia is Bad News in General

Anonymous — Mon, 28 Jul 2008 17:41:29 GMT

People had warned me about that bank...but did I listen...Nooo! Please think about it before you even try to get a credit card with them. I only had a checking and that was bad enough as it is! Now a credit card...you will be working with their money and as far as I can see; working with your own money they are really bad, what more theirs?

They have made mistakes with my debit card; sending me wrong ones; where I could not use my own money for 3 days. Slow to respond to a situation where someone stole and used my debit card at their own ATM during the day, while the bank was open! They hold your transactions and process them in their preffered order so its a gurantee that you get not 1 but at least 3 overdraft charges for 1 transaction!

Their sales reps give you different stories all the time. One person told me my direct deposit did not come throough coz I it was payroll's fault. Turns out she didnt know what she was talking about.

This is only half the dramatic story I've had with them. So, if you still feel like Wachovia is good for you...maybe I should tell the rest of the story and tell it in detail unlike the summary above.

Re: Wachovia is Bad News in General

MidnightVoice — Mon, 28 Jul 2008 17:48:07 GMT

They messed up DD's account and refused to cover fraudulenty charges

Re: Wachovia is Bad News in General

Anonymous — Mon, 28 Jul 2008 19:29:07 GMT

I have banked with Wachovia for four years. Our business and personal accoutns are both handled with them and I think they have been great. A rude teller here and there, but you get that anywhere. We were with BOA and they are horrible. They are the ones that did to us what the other poster complained about Wachovia. They would pick and chose what order to put checks and deposits through at amounting in a large amount of fees. We have never had a problem with Wachovia. Really I bet every bank has similiar stories. I guess wherever you bank you need to just hope for the best. In these times they are going to try and get you anyway they can.

Re: Wachovia

Anonymous — Mon, 28 Jul 2008 19:35:03 GMT

I applied last August (when I still had my checking with them (since 2000)), and they pulled TransUnion. I asked them what their minimum credit score was, and the CSR said that they did not consider scores lower than 630. I'm sure that in the "current climate" that minimum score has gone way up.

Re: Wachovia

Anonymous — Tue, 29 Jul 2008 00:04:18 GMT

i dont like wachovia i had a checking and there posting debits are different from other banks NFCU Rocks!!!!!!!

Re: Wachovia

Anonymous — Tue, 29 Jul 2008 04:42:09 GMT

IMO- The only bank worse than Wachovia is Compass -

Congats on your new card- good luck

Re: Wachovia

Anonymous — Tue, 30 Jun 2009 21:13:58 GMT

One of my best friends works at Wachovia, and ever since I started banking there I haven't had a rude teller or customer service rep. I'm thinking about getting the student credit card before they change to Wells Fargo, but i'm trying to get my credit score up somewhat in the next 3 months. I have a checking, savings, and student loans through Wachovia.

Compass is the worst of the worst. Regions Bank has really gotten bad too.

Message Edited by did2009 on 06-30-2009 02:13 PM

Re: Wachovia

GomerPyle — Wed, 01 Jul 2009 01:53:17 GMT

I will add my experience since some have posted negatively about theirs.

I have banked with Wachovia since 1985. 24 years and never a problem with anything ever. I know how to add and subtract.I do not care what order checks and debits are presented because I never spend money unless it is in the bank and credited to the account. I have a 12,500CL Wachovia Platinum Visa with a 6.25% interest rate. I think they like me and I like them back. I have never had a rude teller and I am always greeted cordially and treated with respect. Bottom line is: Banking is easy and pleasant when you do it the right way and do not spend money you do not have.

Re: Wachovia

Woolfman — Wed, 01 Jul 2009 14:44:43 GMT

We are currently in the process of closing out our wachovia accounts . I can say that they have never done anything wrong over the almost 10 years we have been with them . But i can also say .. They have NEVER done anything for us . The interest you earn is horrible and after seeing what Alliant offers in comparison .. Bye bye wachovia!

Re: Wachovia

Anonymous — Fri, 02 Apr 2010 12:55:50 GMT

I have wells fargo home mortgage (Wachovia). When I got my loan they said I would qaulify for their credit card. At the time I did not want it but 3 months later I decieded to go ahead and apply for it. I called in to apply and the guy tried getting me to sign up for a checking and savings account with them. I told him no because I have been with my bank for so long. He then went thru the credit card info. It came back 7-10 day rule. He gave me a number to call and when I called it they said I was denied due to not haveing a checking or savings account with the and something else on my TU credit report but I had just checked my TU & EQ right before I applied. No baddies or lates. Score on TU is 780 pulled on the same day applied. I asked why did they not tell me I had to have a checking or savings up front and I would not have wasted an inqury and she said by law they could not discourge from applying.

I would not open anything else with them because of this shady practice.

Re: Wachovia

Anonymous — Fri, 02 Apr 2010 19:10:40 GMT

I would consider opening a checking / savings combo account and using it only for paying mortgage and credit card. They have a rewards card that pays the reward directly against your mortgage principal.

Re: Wachovia

Itsmeagain — Sat, 03 Apr 2010 11:50:11 GMT

Kudos Wolf !!

Alliant is head and shoulders above Wachovia. Just remember, they pull a hard report for everything but it's good for 30 days. So, plan your credit requests carefully. When opening a new account (such as a car loan or LOC), I always ask for a CLI on my cc.

Re: Wachovia

Anonymous — Sat, 03 Apr 2010 19:49:42 GMT

@GomerPyle wrote:
I will add my experience since some have posted negatively about theirs.
I have banked with Wachovia since 1985. 24 years and never a problem with anything ever. I know how to add and subtract.I do not care what order checks and debits are presented because I never spend money unless it is in the bank and credited to the account. I have a 12,500CL Wachovia Platinum Visa with a 6.25% interest rate. I think they like me and I like them back. I have never had a rude teller and I am always greeted cordially and treated with respect. Bottom line is: Banking is easy and pleasant when you do it the right way and do not spend money you do not have.
Must be nice to be childless and also never have to worry about direct deposits which go loopy -- or situations like the starbucks double posting fiasco of last year..