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Ollo MasterCard Approval

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Bmac66
Frequent Contributor

Ollo MasterCard Approval

I kept getting pre-qualified offers from Ollo along with Credit One. I did some research and the Ollo card has no fees unlike Credit One and others for people who are rebuilding. My only other card is I'm an AU on my husbands NFCU Rewards card. I went ahead and applied and was approved with a $2000 CL. I'm shocked. I'm 2 years into my 13 and FICO score is 647. 

Message 1 of 17
16 REPLIES 16
Anonymous
Not applicable

Re: Ollo MasterCard Approval

Congrats Smiley Happy A friend of mine is two years into a BK7 rebuild and was offered the card last year. He took it and has been very happy with it. Started at $2000 also and I believe it's over $4000 now. Sounds like a good one to go with!

Message 2 of 17
FireMedic1
Community Leader
Mega Contributor

Re: Ollo MasterCard Approval

Congrats! Everyone has to start and move on up the ladder! You'll get there.



BK Free Aug25
Message 3 of 17
onstar
Established Contributor

Re: Ollo MasterCard Approval

I got my Ollo Rewards card 4 months post BK7 D/C (in 2018). Started at $2500, and it has slowly grown to $5300 over the past 3 years. I think I got an auto CLI about once a year. Anyway, Ollo has been great to me. Only one minor issue in the past 3 years: for like 48 hours, nobody could log in to their accounts online, but Ollo made sure to waive late fees if anyone's payment was late because of this issue.

BK DC 4/9/2018
FICO 08 (4/9/2018): EQ 647 EX 609 TU 620
FICO 08 (01/27/2025): EQ 725 EX 736 TU 745
Message 4 of 17
Bmac66
Frequent Contributor

Re: Ollo MasterCard Approval

It sounds like a great card to begin rebuilding with

Message 5 of 17
Total80sKid
Senior Contributor

Re: Ollo MasterCard Approval

Congrats on your Ollo approval 👍🏼

Message 6 of 17
babygirl1256
Senior Contributor

Re: Ollo MasterCard Approval

Congrats on your Ollo MasterCard approval.

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 7 of 17
bbeaver2013
Contributor

Re: Ollo MasterCard Approval

Does anyone know what credit bureau they pull. I have all my reports frozen and just got a pre approval in the mail. 

Message 8 of 17
Bmac66
Frequent Contributor

Re: Ollo MasterCard Approval

 


@bbeaver2013 wrote:

Does anyone know what credit bureau they pull. I have all my reports frozen and just got a pre approval in the mail. 


For me it was TU.  They gave me an intial SL of $2,000 and I just received an auto $1900 CL increase, for a total of $3900. It's a great card to have! Good luck

Message 9 of 17
coreyb80
Super Contributor

Re: Ollo MasterCard Approval

Congrats on the approval!

Message 10 of 17
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