Here is my current situation:
Inq: 0/6 4/12 (8/4, 8/24, 9/24, 9/24)
New Acc: 1/6 3/12 (8/24, 9/24, 11/24)
TCL: $64,600
Util: <6%
I have heard that Elan is a bit less sensitive to inq and new accounts than US Bank, but I don't think I am ready to push the app yet. The question is, how long should I wait?
In May I'll be 0/6 and 4/12 for inq and 0/6 and 3/12 for new accounts.
In Aug I'll be 0/6 & 2/12 for inq and 0/6 & 2/12 for new accounts.
In September I'll be 0/6 & 0/12 for inq and 0/6 & 1/12 for new accounts.
I won't be 0/12 in both until November.
When should I plan to pull the trigger? May? Aug? Sept? Or should I wait until Nov?
Once you get a mailer, go for it.
from this page: https://www.usbank.com/credit-cards.html
click the 'learn more' buttons for each card and you should find links to a soft pull pre-approval tool for each/most of the cards
if pre-approved, you get to a page where you have to click a button to submit the application fully, you don't have to submit the application fully.
at this point, you can call in and ask for the limit and APR for that pre-approval application you submitted
if the limit is high and the apr is low, I'd think you'd have a very good chance compared to much less of a chance if you're only pre-approved for $500 at max apr.
So, Fidelity is from Elan, not US Bank. Are you suggesting I should use their pre-approval to gauge my chances with Elan? I realize the underwriting for both is the same office, but I always thought Elan was a bit more relaxed.
@Varsity_Lu wrote:
So, Fidelity is from Elan, not US Bank. Are you suggesting I should use their pre-approval to gauge my chances with Elan? I realize the underwriting for both is the same office, but I always thought Elan was a bit more relaxed.
even better then, I'd argue if you're pre-approved for a US bank card, your odds at an elan card are good, if not better
I personally wouldn't app Elan if I wasn't pre-approved for US bank
I personally also think you'll be probably pre-approved, make sure TU is unfrozen if you try it
Just went to US Bank site and couldn't find any pre approval links. I left my reports frozen just in case and went through the app process thinking maybe there was a soft pull pre app at the end, but no dice. Is there some hidden secret link I don't know about?
@Varsity_Lu wrote:
Just went to US Bank site and couldn't find any pre approval links. I left my reports frozen just in case and went through the app process thinking maybe there was a soft pull pre app at the end, but no dice. Is there some hidden secret link I don't know about?
yeah, I definitely didn't write it out fully
from: https://www.usbank.com/credit-cards.html
click the 'learn more buttons'
and then you might see this banner/button
and that's the link you'll want to use
dunno if it will work now for you if you submitted a full application (even if frozen), but you can try
Yeah, that button isn't on any of the pages I looked at. I wonder if it's a cookie thing and they know you are a customer? I have no relationship with US bank. Could it also be a browser ad blocker thing? I'll play around with it more on my desktop later today and see if I can finagle it to pop up.