Applying for Banc of California Max Cash Preferred!

[whirlaway]

Hi,

I am applying for the Elan MCP in a few days.  Just waiting for my most recent card to go just over 6 months old on 04/22/2023.   I have chosen the Banc of California MCP card because of the nice card design and also because it is a Mastercard (I opted for MC because I have several Visa cards and just one MC - Citi Custom Cash).

Here are my numbers:

New credit cards in the last 2 years:  1/6, 1/12 and 4/24    (one of these was the US Cash+ card from late 2021)

Scores and hard inquiries (from creditkarma)

TU 834       0/12, 1/24
EQ 836       0/12, 0/24

From Experian free account:

EX 814       2/12, 3/24

Oldest card account : 27 yrs
Average age of credit card accounts : 9 yrs 2 mths

Income : $85K

Well, that's it!   The countdown has started.   I hope I get this one.   My util + cable/internet + streaming bill is now well above $2000/quarter most of the time, so I do need this one!    Wish me luck :-)    I will post an update after I submit my application.

Thanks! 

[fury1995]

Good luck! This one recently got on my to do list as well!

[whirlaway]

Thanks.   I was only vaguely aware of this card and didn't bother about it, until I started getting (util + cable/internet + streaming) bills always  exceeding $2000 for the last 2 or 3 quarters.   And this, in spite of me billing the cellphone bill to WF Active Cash (because of their cellphone insurance perk).     

So, I started searching online for info about this card and that's how I ended up reading myFICO's MCP thread of 93 pages! 

[Anonymalous]

You sound like a good candidate. When I got mine in December, I was 0/6 and 3/24, had FICO scores about 50 points lower, and I either had comparable age or much, much lower age (less than 2 years of personal credit history, but an AU card that's approaching 25 years). They gave me my highest SL to date. The website's clunky, but the 5% on internet/utilities and not having to set quarterly categories is great.

[whirlaway]

Thanks!    I will go for it on the morning of Sunday 04/23!    I hope I get the card, and since I have seen reports that Banc of Cali doesn't give large SLs, my hope and expectation is for about 4K to 5K.

[Anonymalous]

I'm not sure Banc of Cali is the one to be concerned about, because it seems like Elan is the decision maker. FWIW, my SL was double your goal.

[whirlaway]

---

@Anonymalous wrote:

I'm not sure Banc of Cali is the one to be concerned about, because it seems like Elan is the decision maker. FWIW, my SL was double your goal.

---

Thanks.  I won't mind if I get a similar SL 

Btw, you mentioned you had an AU card for a long time.  What does "AU" stand for?   

[fury1995]

---

@whirlaway wrote:

---

@Anonymalous wrote:

I'm not sure Banc of Cali is the one to be concerned about, because it seems like Elan is the decision maker. FWIW, my SL was double your goal.

---

Thanks.  I won't mind if I get a similar SL 

Btw, you mentioned you had an AU card for a long time.  What does "AU" stand for?   

---

AU = Authorized User

[Meanmchine]

Good luck !

[OmarGB9]

Good luck!