Re: What the hell, US Bank?

mmark4848 · ‎03-08-2018

I've done a pretty good job of getting my credit back in shape over the past 26 months. After starting over with a $200 secured card from CapOne, i moved quickly to some pretty big approvals with Chase ($29k over three cards) and BofA ($15k) and nothing under $3,000 on any other card. I'm looking at buying a new bike and figured it would be nice to put it on an introductory zero interest card to pay it over time if necessary. I saw I was prequalified for a US Bank Cash+ card with 12 months interest free on purchases. I hit the apply button and was approved. For $500. I've read that USB is pretty stingy but $500 seems ridiculously low. After getting that message, I rejected the offer. Burned a TU pull but learned my lesson on USB.

1/12/16 EQ535 TU493 EX583
Current EQ711 TU704 EX696
Chase Sapphire Preferred- $12,000; Chase Freedom Unlimited - $5,000; Chase Slate - $12,000; AmEx Blue Cash Preferred - $3,000; Citi Double Cash - $3,600; CapOne Quicksilver - $3,200; BofA Cash Rewards - $15,000; BofA Platinum - $10,000; J. Crew - $8,500

fltireguy · ‎03-08-2018

OP. What does this have to do with Union Bank?

NFCU $60.4k/PenFed $22.5k/Commerce $15K/53 $11K/Synovus $14K/BBT $11K/CapOne $12K/DCU $7.5K/BMO $7.5K/Chase $14.5k/Cabelas $10K/ and many many more!
Total CL $398600, plus car and RV loan.
Ooh. Ooh. Getting closer to that $500K mark!

Anonymous · ‎03-08-2018

You should have accepted and called for a CLI immediately, since you had already taken the hard pull, many have had success this way.

mmark4848 · ‎03-08-2018

That was a typo that has been corrected. Thanks.

1/12/16 EQ535 TU493 EX583
Current EQ711 TU704 EX696
Chase Sapphire Preferred- $12,000; Chase Freedom Unlimited - $5,000; Chase Slate - $12,000; AmEx Blue Cash Preferred - $3,000; Citi Double Cash - $3,600; CapOne Quicksilver - $3,200; BofA Cash Rewards - $15,000; BofA Platinum - $10,000; J. Crew - $8,500

Peteyglad · ‎03-08-2018

US Bank is pretty conservative .When approved it was one of my lower limits and although it has grown, it is still one of my lower limits.

Anonymous · ‎03-08-2018

You could have reconned for a high limit.

Anonymous · ‎03-08-2018

$500 would get you a more than decent bicycle.

toadsworth · ‎03-08-2018

I was approved for US Bank Cash+ at $500, called before I received the card and recon’d to $10,000. Seems to be a trend lately giving small SL, my reps exact words were ‘looks like the computer did something weird and only gave you $500 limit’ must be some kind of high inq or many new accts criteria the computer has.

Kind of have everything I want now, creditwise. Undeliberately gardening until I have some spending to do and find a 100,000 Amex Platinum offer lol

Started my credit journey August 2016, after abstaining from credit for years after some poor financial choices in high school. Started with scores in the 580s. Current scores 11/6/18 - EQ: 754 TU: 757 EX: 743

From oldest to newest: DuPage CU Visa Platinum, SL 500 now 3750, Cap1 Platinum SL 300 PC'd to QS now 1600, Alliant Credit Union Share Secured Loan $500, Amex BCE SL 5000 now 600, Neiman Marcus SL 700 now 10000, Target RedCard SL 400 now 2900, Amex ED SL 10000 now 500 (combined with Cash Magnet), Chase AARP SL 800 now 3300, Chase Amazon Prime SL 1000 now 10000, Honda Lease, Discover it SL 1000 now 7000, Synchrony PayPal 2% CB SL 3000 now 10000, Barclays Uber Visa SL 800 now 2100, Citi ThankYou Preferred SL 3300 now 5300, Chase Ritz-Carlton SL 10000 now 1500 (moved to other cards to get annual fee refund), Comenity Total Rewards Visa SL 2000 now 3250, US Bank Cash+ SL 500 recon'd to 10000, US Bank Reserve LOC 1000, Union Bank Rewards Visa SL 5000 now 5000, Amex Cash Magnet SL 9900 now 20000, Cap1 Venture SL 10000 now 10000, Discover it 3000 SL now 4000, Amex SPG Luxury 3100 SL now 3100, Amex Amazon Business Prime 10000 SL now 10000, Amex Gold NPSL, US Bank Premier LOC 5000, US Bank Visa Platinum 5400 SL currently reconning

Combined revolving CL $135,300

Goal: Spring 2019 800+ club, $50,000 combined Amex limit

mmark4848 · ‎03-09-2018

The wheels on the bike I'm looking at are $500+ I have a friend who paid $15k for a bike recently. I'm not that crazy but $500 doesn't get you a lot of bike these days.

1/12/16 EQ535 TU493 EX583
Current EQ711 TU704 EX696
Chase Sapphire Preferred- $12,000; Chase Freedom Unlimited - $5,000; Chase Slate - $12,000; AmEx Blue Cash Preferred - $3,000; Citi Double Cash - $3,600; CapOne Quicksilver - $3,200; BofA Cash Rewards - $15,000; BofA Platinum - $10,000; J. Crew - $8,500

Dalmus · ‎03-09-2018

If you're talking bicycles, you must be looking at Yeti or something along those lines?

Total Cards: 24 | Total Limit: $304,250

Current FICO 8 Scores: EQ: 841| TU: 815 | EX: 814

Hard Inquiries: 1

What the hell, US Bank?

What the hell, US Bank?

Re: What the hell, Union Bank?

Re: What the hell, Union Bank?

Re: What the hell, Union Bank?

Re: What the hell, Union Bank?