To all that have 5/3 cards,
You can call to ask for an APR reduction. My cash rewards was reduced from 19.24 to 16.24%. Didn't know 5/3 would do that since they seem to be a little tight.
Old thread I know but wanted to share based off of information that was shared previously on another 5/3 thread. Someone had reported that there was a 25k max with 5/3 per customer. I just spoke with new accounts and they said that there is a 3 card max with each card capable of 25k so a maximum of 75k per customer spread out over 3 cards.
I'm curious what was the approval amount?
I was approved for $7,500
Here's more humor for "RED" . I applied for the above card (had I applied previously like 4 times only to be denied) fully expecting a denial. I have the 5/3 Cash Rewards (8k) and Stand up to Cancer (10k) which I got in 2014. I called them this morning because I thought I had submitted multiple applications for this same product and wanted the applications cancelled because it appears that I had been declined. To my surprise the csr said that I had been approved and there were no other pending applications. I applied on April 3, 2016 and they pulled my EQ yesterday and he said application was approved just today. He couldn't give me a limit or APR though. Thanks to those who said it was possible to have 3 cards from 5/3. Will update once I receive limit. Not looking for a large limit considering all my excess.
|Total CL: $314.7k||UTL: 2%||AAoA: 6.8yrs||Baddies: 0||Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping|