Declined for Best Buy card

[Bandit5160]

Hello.  I simply can't understand why Best Buy turned me down for their Citi Best Buy Visa card.  I wonder if it's because I don't have a steady job...instead, I am a nuclear power contractor and I travel across the country about six months a year for power plant outages.  Including salary, tax free per diem, and unemployment insurance benefits from when I'm home, I make about 70-80K a year.  So I have money- how I get it shouldn't matter so long as it's legal!  And my most recent credit scores are 769 Exquifax, 771 Experian, and 800 TransUnion.  I have low to no balances on my existing accounts and I ALWAYS pay ALL my bills on time!  I think they are STUPID for turning me down!  I was going to buy a new computer and printer from Best Buy, but not anymore.  I fact, I will NEVER shop there again!  Those Bozos!

[Anonymous]

How would they even know how you earn your money? Every card I've applied for has only asked for annual income.

Also, where are you getting your credit scores?

[CreditInspired]

Yep, it's something else. We need addl info in order to do our usual dissecting. 😂 How many CCs do you have? What's your UT like? Anything derogatory -- BK, baddies, collections, etc.? What's your AAOA?

[peghede]

Maybe they got scared when you put in application "nuclear" trying to purchase a pc and printer....hmm .lol

[9CLINE]

+1,, never seen them ask for positions on apps,just income,, are you using a real fico score? @ any rate take that letter they'll send and get that free report to see what's really there...
sounds like they saw something you don't know about...
Keep us posted please.....

[Bandit5160]

I got my scores off the Credit Karma (Equifax and TransUnion) and the Experian apps on my IPad.  Maybe it's my past that got me declined, because to be honest, I haven't always had great credit.  My scores have gone up 150-200 points in the last two months because I have paid down a lot of debt.  I was stupid when I was younger and I did have a bankruptcy about 15 years ago.  But it's nbo longer on my credit report and would be impossible to find out about unless I told them, which I didn't.  Bresides, its ancient history and I am not going to ever be in that kind of financial disarray again now that I am pretty much guaranteed fairly consistent work and income.  And there are NO late payments or deragatory marks AT ALL on my credit report.  I think it might be that I have already been approved for three other cards in 2017.  I got a Cashwise Visa from my bank Wells Fargo and an Amazon Prime rewards Visa back in January and I was approved for a Discover IT card with a $11,500 credit limit right before I applied for the Best Buy card.  But I also have cancelled some crummy cards I had back when my credit wasn't so good- cards with higher APRs and annual fees.  I didn't want them in my life anymore because I am a totally new man now and they should recognize and respect that- I think I've done enough to prove it true.  I am trying to replace those cards I closed.    I have about 8 cards left now with a total credit line of about $25,000.  Best buy could have given me a $1000 credit line!  Their loss.  I am no longer a customer.  (Mod Cut-This kind of talk isnt kosher here on myFico, please refrain from it in the future)

[Anonymous]

Have you applied or been approved for any recent Citi cards? I believe the Best Buy card falls under their 8/65 rule. 

[Bandit5160]

I have not appled for any Citi cards except for that one.

[Anonymous]

Credit Karma scores are not real FICO scores, and I'm not sure the Experian app gives a true FICO either. I would check Discover Scorecard to see what your Experian FICO score is. Your Discover It will also give you your Transunion score.

I applied for a Citi card a while back during an app spree and was declined for too many recent inquiries. My score was upper 600s/low 700s at the time. So it may just be that and you can try again once your inquiries age a bit.

[Bandit5160]

Discover scorecard says my FICO is 771.  I think it was the three previous 2017 inquiries that did me in.  I might realistically need to wait about a year before applying for more credit.