topic Re: smaller banks/CU in Credit Cards

smaller banks/CU

Creditrecipe — Mon, 08 Sep 2014 20:35:40 GMT

Does anyone have a lit of banks/credit unions that will give out good credit limits? Duck card, PNC bank etc.. What credit unions will let you apply for a card witout a membership?

Re: smaller banks/CU

Creditrecipe — Tue, 09 Sep 2014 02:13:38 GMT

bump

Re: smaller banks/CU

juggalo9er — Tue, 09 Sep 2014 02:15:50 GMT

none that i know of, msot that i am aware of are in Indiana but all require membership

Re: smaller banks/CU

Creditrecipe — Tue, 09 Sep 2014 02:21:53 GMT

How conservative is penfed and Partners 1 stcu

Re: smaller banks/CU

juggalo9er — Tue, 09 Sep 2014 02:32:28 GMT

@Creditrecipe wrote:
How conservative is penfed and Partners 1 stcu

from what i have read very conservative...,maybe someone else will chime in however

Re: smaller banks/CU

Anonymous — Tue, 09 Sep 2014 05:47:36 GMT

You mentioned PNC Bank, I've found them to be a very conservative lender. I've banked with them since 2012 (checkings & savings), and they until just recently wouldn't approve me for a card, and even then it wasn't a great limit.

If you open a checking account with them you may eventually get a message saying you're prequalified for one of their three cards, and it will tell you your pre-qualified starting credit limit and APR, which I had never seen before in a pre-qualification. My mom gets this message everytime she signs in, but she already has a Visa Siggy with them. I have never recieved a pre-qualified from them when I sign in.

Re: smaller banks/CU

trumpet-205 — Tue, 09 Sep 2014 06:16:28 GMT

Only card I have that fits your description is Alliant CU Visa. Highest CL I have ($15K)

There are two Alliant CU, this is the one I'm talking about: http://www.alliantcreditunion.org/

Re: smaller banks/CU

yfan — Tue, 09 Sep 2014 06:20:07 GMT

@Creditrecipe wrote:
Does anyone have a lit of banks/credit unions that will give out good credit limits? Duck card, PNC bank etc.. What credit unions will let you apply for a card witout a membership?

In general, with some notable exception, credit unions are LOUSY with their credit card benefits/rewards structure. And that is a GREAT reason to bank with them. They are super-conservative with credit cards and rewards, but they will take care of you if you are a member when it comes to loans. Home loans, car loans - and yes, credit cards - with some fantastic interest rates. The reason this doesn't count for them when it comes to credit cards is because IMHO one should not put anything on a credit card that one cannot pay off by the due date, interest rates be damned. But installment loans? Hello CUs. Remember that they can offer low interest when they loan money to because they don't have the overhead and expenses of a competitive rewards program (and because they don't have to think about making money for shareholders).

Re: smaller banks/CU

B335is — Tue, 09 Sep 2014 09:35:33 GMT

KeyBank, Huntington, 5/3 are a few off-the-beaten-path issuers, but they may have geographic limitations. Huntington gave me instant approval on 2 cards - $10k each. 5/3 gave me instant approval for $5500 card. KeyBank subjected me to the equivalent of Amex FR up front, but still gave me $10k.

PNC is probably more conservative than Penfed - primarily because Penfed actually gave me something. I wouldn't apply to Penfed unless your EQ is clean and your Fico is 770+. They're both sensitive to inquiries and new accts.

Re: smaller banks/CU

Jlu — Tue, 09 Sep 2014 11:42:44 GMT

@Creditrecipe wrote:
How conservative is penfed

Let me put it this way.. If the bible belt formed a bank it would be called PenFed. Check my wallet in my sig below.. notice how there's a plethora of high limit prime cards? Notice how there is no PenFed? I even donated that $20 to join.. wasted. Unless you're a member of the military or have a FICO over 9000 dont bother.

DCU is solid.

Re: smaller banks/CU

baller4life — Tue, 09 Sep 2014 12:21:22 GMT

@Jlu wrote:
@Creditrecipe wrote:
How conservative is penfed
Let me put it this way.. If the bible belt formed a bank it would be called PenFed. Check my wallet in my sig below.. notice how there's a plethora of high limit prime cards? Notice how there is no PenFed? I even donated that $20 to join.. wasted. Unless you're a member of the military or have a FICO over 9000 dont bother.

DCU is solid.

+1000

Re: smaller banks/CU

Anonymous — Tue, 09 Sep 2014 14:44:59 GMT

Alliant Credit Union is good. If they are going to decline your application they will contact you and try to find a way to approve. Pen Fed will find a way to decline.

Re: smaller banks/CU

Creditrecipe — Tue, 09 Sep 2014 16:08:45 GMT

I have heard that DCU will give out healthy credit lines if you have 3yrs aaoa. I have heard from someone a while back that if you create a savings account through certain credit unions they will do a SP and then you can apply for a credit card with only 1 HP. I am not sure what credit union he used. Has anyone heard of this?

Also, Where can I find a list of bank that issue cards that are the non traditional banks? No chase, boa, amex etc..

Re: smaller banks/CU

1GaDawg85 — Tue, 09 Sep 2014 16:12:15 GMT

DCU does give out nice CL's starting out

Re: smaller banks/CU

Hockeyplayrr — Tue, 09 Sep 2014 16:14:40 GMT

I managed to get a penfed card with about a 740 score. However I was declined 6 months prior with a slightly lesser score for pyramiding. I think they felt bad that i reapplied 6 months later on the dot.

Re: smaller banks/CU

wacdenney — Tue, 09 Sep 2014 16:15:52 GMT

@Jlu wrote:
@Creditrecipe wrote:
How conservative is penfed
DCU is solid.

+1 No membership required to APPLY for DCU credit cards, but they will make approval contingent upon becoming a member.

Re: smaller banks/CU

baller4life — Tue, 09 Sep 2014 16:43:17 GMT

Penfed is like my Holy Grail. I'll join when Equifax is over 750 just to be on the safe side. Once joined and approved for a cc, I will know I have "arrived honey."

Re: smaller banks/CU

1GaDawg85 — Tue, 09 Sep 2014 16:53:46 GMT

Guess my arrival has been delayed

Re: smaller banks/CU

1GaDawg85 — Tue, 09 Sep 2014 17:00:52 GMT

@Anonymous wrote:
Alliant Credit Union is good. If they are going to decline your application they will contact you and try to find a way to approve. Pen Fed will find a way to decline.

How do you become a member?

Re: smaller banks/CU

trumpet-205 — Tue, 09 Sep 2014 20:09:40 GMT

@1GaDawg85 wrote:
How do you become a member?

For Alliant CU make one time donation of $10 or more to Foster Care of Success.

For Penfed if you are not affiliated to military make one time donation of $15 or more to National Military Family Association or Voices for America's Troops.