First Tech FCU pre-approved for a Choice Rewards World Mastercard®

[Anonymous]

When I login to my Firrst tech FCU, I see the pop up saying 'You’re pre-approved for a Choice Rewards World Mastercard® with a bonus $25 statement credit' . How solid is their pre-approval?

[coldfusion]

I can't speak to the quality of their preapprovals but you're an interesting data point because of your total credit limit.   I would guess that your TCL was much lower than it is now when you first joined the CU.

If you decide to apply please follow up with the results.

[cashorcharge]

+1 

[AverageJoesCredit]

Only a CF would call a MF  a DP

Im guessing for a lender as conservative as First Tech that those who already have credit with them, which are normally high limits,  a preapprovalfrom them  would be as close as a sure thing . Of course ymmv and look at how active youve been recently in credit seeking or usage to best determine ones chances.

[RootDet]

please indeed follow back up. My experience lately is every CU seems to hate those high credit line factors. 

[coldfusion]

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@RootDet wrote:

please indeed follow back up. My experience lately is every CU seems to hate those high credit line factors. 

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First Tech normally does, but not all of them do.  AOD, BECU, and NFCU don't.

[Anonymous]

Update: Accepted the pre-approval and put in the application which went into pending/ further review.

Next day got the denial email due to excessive available credit!! So no go with First Tech FCU and it's a hard stop!

On a brighter side, I got approved for credit cards from Red Stone FCU and Affinity FCU and became member of BECU, ETFCU and PSECU.

[coldfusion]

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@Anonymous wrote:

Update: Accepted the pre-approval and put in the application which went into pending/ further review.

Next day got the denial email due to excessive available credit!! So no go with First Tech FCU and it's a hard stop!

On a brighter side, I got approved for credit cards from Red Stone FCU and Affinity FCU and became member of BECU, ETFCU and PSECU.

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First Tech is still behaving like First Tech.  😒   I'm sorry to read of but not surprised by the denial.

Congrats on your other approvals for both cards and memberships.

[CreditCuriosity]

Yep first tech does not like alot of available credit and hasnt changed from your DP.  Basically if you have a few hundred k in credit they want nothing to do with you unless of course you got that credit before with them initially then built it from there.

[RootDet]

@coldfusion   AOD does now, there policies have changed over the past few months. I was denied for the sole reason of too much exposure.