Ollo only lets you have 1 card. I'm going to cancel mine next January after 18 months of responsible use and hope to get an invite for the 2.5 since it has no AF.
Alliant hit TU and I was at 4. They are conservative/inq sensitive and bk sensitive as per my loan officer. If you're going to app for their top tier card (I was going for their flat 2%), you'll definitely need to be in with them for some amount of banking before you do. I got the distinct impression that when I was declined the only reason they gave it some thought with the BK was because they are my main institution. I told the loan officer it was no problem I realize my inqs are high, but such is the cost of rebuilding and we can talk again in January. He seemed to think we'd be in pretty good shape. Not sure what model they used for TU, but I came in at 725 which is not my Fico8. The official denial was very thorough, and the stated reasons were bk, new accounts, inquiries, short history. Like I said, based on speaking with them seems like the bk by itself will not be the hold up. I plan to be with them a long time, so I'm thinking the 2% in jan 2021 and then good use and eventually the 2.5 down the line. I'm not anxious to get into AF cards just yet anyhow, still planning things out. I just want to be done with Cap One and work towards a strong relationship with my CU.
Alliant hit TU and I was at 4. They are conservative/inq sensitive and bk sensitive as per my loan officer. If you're going to app for their top tier card (I was going for their flat 2%), you'll definitely need to be in with them for some amount of banking before you do. I got the distinct impression that when I was declined the only reason they gave it some thought with the BK was because they are my main institution. I told the loan officer it was no problem I realize my inqs are high, but such is the cost of rebuilding and we can talk again in January. He seemed to think we'd be in pretty good shape. Not sure what model they used for TU, but I came in at 725 which is not my Fico8. The official denial was very thorough, and the stated reasons were bk, new accounts, inquiries, short history. Like I said, based on speaking with them seems like the bk by itself will not be the hold up. I plan to be with them a long time, so I'm thinking the 2% in jan 2021 and then good use and eventually the 2.5 down the line. I'm not anxious to get into AF cards just yet anyhow, still planning things out. I just want to be done with Cap One and work towards a strong relationship with my CU.
From a customer service standpoint I've been really pleased with them - kind, helpful, transparent. I'm not too worried about the SL once the conditions are better (bk aged, new accounts aged, inqs gone, auto loan with them) since they can see my deposits etc. That's why I'm going to do the flat 2% first and work my way up. Very happy with them though.
@recoveringfrombk7 wrote:
Ollo only lets you have 1 card. I'm going to cancel mine next January after 18 months of responsible use and hope to get an invite for the 2.5 since it has no AF.
Alliant hit TU and I was at 4. They are conservative/inq sensitive and bk sensitive as per my loan officer. If you're going to app for their top tier card (I was going for their flat 2%), you'll definitely need to be in with them for some amount of banking before you do. I got the distinct impression that when I was declined the only reason they gave it some thought with the BK was because they are my main institution. I told the loan officer it was no problem I realize my inqs are high, but such is the cost of rebuilding and we can talk again in January. He seemed to think we'd be in pretty good shape. Not sure what model they used for TU, but I came in at 725 which is not my Fico8. The official denial was very thorough, and the stated reasons were bk, new accounts, inquiries, short history. Like I said, based on speaking with them seems like the bk by itself will not be the hold up. I plan to be with them a long time, so I'm thinking the 2% in jan 2021 and then good use and eventually the 2.5 down the line. I'm not anxious to get into AF cards just yet anyhow, still planning things out. I just want to be done with Cap One and work towards a strong relationship with my CU.
Okay, I didn't know you could only have 1 card with Ollo. I have a 2k limit Ollo. Honestly, if I could get the 2.5% card then I wouldn't need the Alliant card. I can't find the flat 2% card that your referring to?
I currently bank with Chase since they have branches near my home. BOA was killing me with fees. I would bank with Alliant, but they aren't in Florida. I would need somewhere to get cash when I need it.
@soxfaininfl wrote:
@recoveringfrombk7 wrote:
Ollo only lets you have 1 card. I'm going to cancel mine next January after 18 months of responsible use and hope to get an invite for the 2.5 since it has no AF.
Alliant hit TU and I was at 4. They are conservative/inq sensitive and bk sensitive as per my loan officer. If you're going to app for their top tier card (I was going for their flat 2%), you'll definitely need to be in with them for some amount of banking before you do. I got the distinct impression that when I was declined the only reason they gave it some thought with the BK was because they are my main institution. I told the loan officer it was no problem I realize my inqs are high, but such is the cost of rebuilding and we can talk again in January. He seemed to think we'd be in pretty good shape. Not sure what model they used for TU, but I came in at 725 which is not my Fico8. The official denial was very thorough, and the stated reasons were bk, new accounts, inquiries, short history. Like I said, based on speaking with them seems like the bk by itself will not be the hold up. I plan to be with them a long time, so I'm thinking the 2% in jan 2021 and then good use and eventually the 2.5 down the line. I'm not anxious to get into AF cards just yet anyhow, still planning things out. I just want to be done with Cap One and work towards a strong relationship with my CU.Okay, I didn't know you could only have 1 card with Ollo. I have a 2k limit Ollo. Honestly, if I could get the 2.5% card then I wouldn't need the Alliant card. I can't find the flat 2% card that your referring to?
I currently bank with Chase since they have branches near my home. BOA was killing me with fees. I would bank with Alliant, but they aren't in Florida. I would need somewhere to get cash when I need it.
Alliant has a lot of ATMs in network and reimburses $20/month in fees. There are a bunch in network by me. You really only need a branch if you need to deposit cash, but not to get it.
Alliant 2% Card - https://www.alliantcreditunion.org/bank/visa-platinum-rewards-card
Alliant 2% Card Review - https://www.nerdwallet.com/reviews/credit-cards/alliant-visa-platinum-rewards
Yeah I got an initial 2k with Ollo and an auto 200$ CLI at 6 months - I've just been using it for a $30 sub and PIF since it doesn't have rewards.
Ollo card I'm referencing - https://www.ollocard.com/Optimum-Card