How solid are USAA pre-selected offers?

Anonymous · ‎04-08-2016

I'm planning on getting two credit cards this year. One will be the Citi Costco Card and I'm looking for a second

cash back card. My Equifax report is 3-4 months away from being clean.

I cold apped last July for a credit builder card and was denied. I called today to inquire and was first told they pull

EX but when asked again the csr told me it would be EQ. I will wait till my EQ is clean before I apply for this or the

Citi card.

Tu 8 - 747 AAOA - 2 yrs UT - 1%

EX 8 - 748 AAOA - 3 yrs UT - 1%

EQ 8 - 667 AAOA - 3 yrs UT - 1%

What I'm wondering, is how likely is an approval on this pre-selected offer?

Thanks in advance.

baller4life · ‎04-08-2016

You currently have a pre-selected approval on your account? Those are pretty solid.

jeffm4688 · ‎04-08-2016

Very likely unless you have something that has changed drastically since the offer popped up.

Anonymous · ‎04-08-2016

I received that and an auto loan offer.

I did apply for a refi on my auto (w/local credit union), but they pulled EX,

Only changes on my scores have been positive.

I'm worried about a denial and/or a low SL.

jeffm4688 · ‎04-08-2016

USAA has been pretty good to me, even with baddies. I got 6K SL's on two cards with a single unpaid baddie for ~2K. My buddy got a pre selected offer for a card and got a 9500 SL with 40K income and only one card being 6 months old. But as always YMMV.

Anonymous · ‎04-08-2016

@jeffm4688 wrote:
USAA has been pretty good to me, even with baddies. I got 6K SL's on two cards with a single unpaid baddie for ~2K. My buddy got a pre selected offer for a card and got a 9500 SL with 40K income and only one card being 6 months old. But as always YMMV.

Thanks for the info. My EQ still has 8 baddies. 4 CO's and 4 OC's. The last should age off in July/Aug at the latest.

I was able to get EE w/TU & EX. I thought they had done a SP on my EX but didn't see it on my report .

I'd be happy with a 5K SL but know the only way to find out is to take the HP. I believe the offer is good until 5/31/16 so

I have some time to decide.

Creditaddict · ‎04-09-2016

I think they are 99.9% approved!

Anonymous · ‎04-09-2016

Assuming I get approved, what would be a realistic expectation for a SL?

Thanks for the replies.

@Creditaddict wrote:
I think they are 99.9% approved!

Creditaddict · ‎04-09-2016

That's like picking lottery numbers.

Anonymous · ‎04-09-2016

@Creditaddict wrote:
That's like picking lottery numbers.

Probably smarter to wait for my EQ report to be derog free. Does the fact that it's a Visa Sig card make a difference

as far as the minimum SL?