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After 50 Years BMW Visa Finally Approved

River123
Established Contributor

After 50 Years BMW Visa Finally Approved

After 50 years;  7 BMW Motorcycles and 3 BMW cars (all financed by BMW Financial and paid in full) I finally applied and received the BMW Visa with a $15,000 CL. Never offered a card when purchasing their vehicles. Never had good enough credit to qualify for a credit card with them in the past 50 years. Obviously BMW Financial and BMW Bank Cards are different divisons with different underwriting guidelines.

 

I hope I live long enough to enjoy it.

Message 1 of 16
15 REPLIES 15
baller4life
Super Contributor

Re: After 50 Years BMW Visa Finally Approved

WOW that's pretty amazing! 50 yrs! Well I sure hope it will be worth the wait for you. Smiley Happy
Message 2 of 16
River123
Established Contributor

Re: After 50 Years BMW Visa Finally Approved


@baller4life wrote:
WOW that's pretty amazing! 50 yrs! Well I sure hope it will be worth the wait for you. Smiley Happy

I hope so.  There's nothing special about the card benefits, I just like BMW's and I like the BMW emblem on the card.  It is also the highest limit on any credit card I've ever obtained.  Normally I think they are kind of stingy but it's all good for me as I won't be going crazy charging simply because I have it.

Message 3 of 16
B335is
Moderator Emeritus

Re: After 50 Years BMW Visa Finally Approved

Congrats!!
Message 4 of 16
CreditMagic7
Super Contributor

Re: After 50 Years BMW Visa Finally Approved

You will. It's taken all this time but you got this now Smiley Very Happy

 

Congrats!

Message 5 of 16
MssRemaa
Established Contributor

Re: After 50 Years BMW Visa Finally Approved

Congrats! I received the BMW visa when I leased my 2nd car with them 4 months ago.., I didn't know anything about the card until the finance manager said I got you approved for the visa as well... Wish my limit was as high as urs... Mines is only 2.5K...., Enjoy it😊
Current Fico EQ 690 TU 689 EX 651 Goal-780+
In My Wallet- Credit One Visa $1350 Credit One MC $650 Discover it (07/15) $3.9k VS (05/15) $1550 Apple Barclay (08/15) $4K Paypal MasterCard (08/15) 8K Amex ED (08/15) 2K BMW Auto (12/15) BMW Visa (12/15) 2.5K Cabela's Visa 3K (1/16).Virgin America Visa 2.9K (1/16) Care Credit 2K (03/16) Stash Visa 8K (03/16) Capital One QS1 3.5K (03/16) Marvel MasterCard (04/16) $250 Penfed Cash Reward $13,5K Penfed PLOC 8K (04/16) Barneys 4.75K (04/16) Macys $1200 (04/16) NFCU GoR $17.9 (05/16) NFCU CLOC 15K (05/16) Walmart 07/17 $700--Back in the garden until early 2018--- Time to pay down some of these bills
Message 6 of 16
Musiclover
Super Contributor

Re: After 50 Years BMW Visa Finally Approved

Congratulations! Enjoy your new card!


Daily Drivers: Penfed Platinum Rewards; NFCU GoRewards; Discover..
Message 7 of 16
Sandibeach22
Valued Contributor

Re: After 50 Years BMW Visa Finally Approved

Huge congrats on that card!!!  Smiley Very Happy  I'm hoping they will ask me if I want to apply for one when I trade my 2014 in on the new 2018.  


FICOS: EQ-812 TU-811 EX-818 Goal - 840-850 Across The Board
Total Credit Lines - 506K Gardening....
"I am the master of my fate and the captain of my destiny" Nelson Mandela
Message 8 of 16
RonM21
Valued Contributor

Re: After 50 Years BMW Visa Finally Approved

A well deserved and hard earned congrats to you!!!
                

Total CL: $314.7kUTL: 2%AAoA: 6.8yrsBaddies: 0Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

BoA-55k | NFCU-45k | DISC-40.6k | PENFED-38.4k | AMEX-37k | LOWES-35k | ALLIANT-25k | BARCLAYS-15k | CITI-13.7k | CHASE-10k

Message 9 of 16
dasingleton
Valued Contributor

Re: After 50 Years BMW Visa Finally Approved

Congrats! Well earned!
Gardening since 8/13/19
Over $500K in credit
TU:751 EQ:762 EX:773
Message 10 of 16
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