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Why do they ask Savings/Checking on CC applications

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Credit4Growth
Senior Contributor

Re: Why do they ask Savings/Checking on CC applications


@Anonymous wrote:

I’ve never had a credit card company ask dollar amount in a checking or savings account. Just simply which I have. 

 

 


A CSR at Discover asked this of me 1 time while on a phone call to request a CLI, that was a while back... I am starting to disclosing assets could assist with CLI and or starting limits... I presume it is used to supporting one's ability to pay.

Message 11 of 12
gingerflower
Senior Contributor

Re: Why do they ask Savings/Checking on CC applications

@Anonymous 

+ 1 never had a bank ask for how much you have in savings/checking...I understand if the bank ask if you have savings/checking..Very odd

Message 12 of 12
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