US Bank Cards

[Brian_Earl_Spilner]

@ChazzieT 

https://ficoforums.myfico.com/t5/Credit-Cards/Former-U-S-Bank-Solutions-Rep-Ask-me-anything/td-p/536...

[Remedios]

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@Brian_Earl_Spilner wrote:

@ChazzieT 

https://ficoforums.myfico.com/t5/Credit-Cards/Former-U-S-Bank-Solutions-Rep-Ask-me-anything/td-p/536...

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😐😒

[Matt9543]

Just applied for the card. Interesting enough, they pulled Experian. It popped up as (US BANK CONSOLIDATED). I am definitely expecting a decline, but figured to take one for the team to see if they would approve it at all. Everything I saw said they would pull TransUnion, so there's a DP as well. It went into review, so once I hear back, I will post an update.

[ChazzieT]

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@Brian_Earl_Spilner wrote:

@ChazzieT 

https://ficoforums.myfico.com/t5/Credit-Cards/Former-U-S-Bank-Solutions-Rep-Ask-me-anything/td-p/536...

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Thanks alot! I was hoping to be asleep by 11! 🤪

Took awhile to get through all 120 but I didn't see anything  @Anonymous said that changes anything I've said. Although I don't recall seeing the word relationship, there were a lot of comments stating that having and using accounts helped with approvals. This is what all the other posts I've seen about relationship said as well.

I've also seen it mentioned several times (even earlier in this thread) that things changed at us bank mid 2019 and DP's from before then might not be as accurate anymore.

Either way, it's only an HP to find out if banking with them (I won't say relationship for @Anonymous  😁) makes a difference to getting approved in 2020.

On a side note, I've read most of the US Bank related posts going back to early 2019 but there's one thing I can't figure out. I'm pretty sure it has something to do with you, @Remedios . Why do people call US Bank "socks"?

[ChazzieT]

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@Matt9543 wrote:

Just applied for the card. Interesting enough, they pulled Experian. It popped up as (US BANK CONSOLIDATED). I am definitely expecting a decline, but figured to take one for the team to see if they would approve it at all. Everything I saw said they would pull TransUnion, so there's a DP as well. It went into review, so once I hear back, I will post an update.

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Good luck! They've pulled EQ both times I was declined.

[Remedios]

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@ChazzieT wrote:

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@Brian_Earl_Spilner wrote:

@ChazzieT 

https://ficoforums.myfico.com/t5/Credit-Cards/Former-U-S-Bank-Solutions-Rep-Ask-me-anything/td-p/536...

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Thanks alot! I was hoping to be asleep by 11! 🤪

Took awhile to get through all 120 but I didn't see anything  @Anonymous said that changes anything I've said. Although I don't recall seeing the word relationship, there were a lot of comments stating that having and using accounts helped with approvals. This is what all the other posts I've seen about relationship said as well.

I've also seen it mentioned several times (even earlier in this thread) that things changed at us bank mid 2019 and DP's from before then might not be as accurate anymore.

Either way, it's only an HP to find out if banking with them (I won't say relationship for @Anonymous  😁) makes a difference to getting approved in 2020.

On a side note, I've read most of the US Bank related posts going back to early 2019 but there's one thing I can't figure out. I'm pretty sure it has something to do with you, @Remedios . Why do people call US Bank "socks"?

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That's my Worst Greatest Hit 

When I was jonesing for AR, I jokingly texted US Bank sad love songs, then someone posted a link to US Bank merchandise website.

I bought socks for 💩 and giggles, wore them once for picture that was my avatar for close to a year 

[ChazzieT]

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That. Is. Awesome!😂🤣😂🤣😂

[Matt9543]

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@ChazzieT wrote:

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@Matt9543 wrote:

Just applied for the card. Interesting enough, they pulled Experian. It popped up as (US BANK CONSOLIDATED). I am definitely expecting a decline, but figured to take one for the team to see if they would approve it at all. Everything I saw said they would pull TransUnion, so there's a DP as well. It went into review, so once I hear back, I will post an update.

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Good luck! They've pulled EQ both times I was declined.

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I'm more curious if anybody has had them pull Experian. It is my highest credit score, and the inquiry didn't even move my credit score. Interestingly enough.

[simplynoir]

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@Remedios wrote:

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@ChazzieT wrote:

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@Brian_Earl_Spilner wrote:

@ChazzieT 

https://ficoforums.myfico.com/t5/Credit-Cards/Former-U-S-Bank-Solutions-Rep-Ask-me-anything/td-p/536...

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Thanks alot! I was hoping to be asleep by 11! 🤪

Took awhile to get through all 120 but I didn't see anything  @Anonymous said that changes anything I've said. Although I don't recall seeing the word relationship, there were a lot of comments stating that having and using accounts helped with approvals. This is what all the other posts I've seen about relationship said as well.

I've also seen it mentioned several times (even earlier in this thread) that things changed at us bank mid 2019 and DP's from before then might not be as accurate anymore.

Either way, it's only an HP to find out if banking with them (I won't say relationship for @Anonymous  😁) makes a difference to getting approved in 2020.

On a side note, I've read most of the US Bank related posts going back to early 2019 but there's one thing I can't figure out. I'm pretty sure it has something to do with you, @Remedios . Why do people call US Bank "socks"?

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That's my Worst Greatest Hit 

When I was jonesing for AR, I jokingly texted US Bank sad love songs, then someone posted a link to US Bank merchandise website.

I bought socks for 💩 and giggles, wore them once for picture that was my avatar for close to a year 

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Your crowning achievement. You made a phrase a part of the credit vernacular for the forums 👸

[Anonymous]

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@ChazzieT wrote:

@Anonymous , I'm talking about relationship from the point of view of the members of MF who have said/suggested that a relationship helps.

Based on the actions they all suggested to create a relationship, I've got relationship coming out of my butt!

It doesn't really matter to this conversation how the bank defines relationship unless they're secretly posting here and are the source of the "US Bank is a relationship bank" theory. 😱😱😱

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I get it... and I think those folks are just as incorrect.  As Rem said, those who had, by that definition, a "relationship" and got approved would have gotten through UW without it, and those with a "relationship" who were denied would have been denied without.  Maybe the checking/savings/brokerage account would let ONE point of UW heartburn past the sensors, but not more than that...

One of my local/regional banks is much the same.  They denied me last year.  They probably should have.  There was ONE point of contention, and I didn't have any relatinoship - not even a personal checking account.  Fast forward to today, they'll likely would waive that one point of contention, as we have several accounts.  They likely will waive *MORE* than that now, because we have other loans, business and personal products, and generate a decent amount of non-penalty fees for them. 

The problem here is folks assume causation when at most, we're dealing with correlation.  I'm not even sure they correlate, because there are just too many variables in credit files over time.  Scores are just one datapoint, and a poor one at that.  As one of my dear friends and credit counselors says, a score will only get you DENIED credit... it won't get you approved. It'll get you past the first hurdle, and that's it. Without analyzing the underlying algrithms that go into the approval process, there is no real way to know what exactly they are looking for.