Another SHOCK Report From Diners Club

thom02099 · ‎11-18-2014

Applied on line for the Diners Club Premier Card on 11/07. Got the 7-15 day message.

Received a letter from Diners Club on 11/14 with my NEW PIN NUMBER!

Received the card via UPS overnight today, 11/18.

Credit Limit = $50K. $50,000! That is insane!

Pulled TU. Current TU 811, with a 10 point ding for the HP, so 821 is what they used.

AAoA = 7+years. Oldest accounts = 4 AMEX to 1991

Prior Util = ~8%

Prior total CL = ~$144K. This makes my total CL at just shy of $200K.

Like I said...this is INSANE! However, I'm not going to dispute it !!!

Anonymous · ‎11-18-2014

@thom02099 wrote:
Applied on line for the Diners Club Premier Card on 11/07. Got the 7-15 day message.

Received a letter from Diners Club on 11/14 with my NEW PIN NUMBER!

Received the card via UPS overnight today, 11/18.

Credit Limit = $50K. $50,000! That is insane!

Pulled TU. Current TU 811, with a 10 point ding for the HP, so 821 is what they used.

AAoA = 7+years. Oldest accounts = 4 AMEX to 1991

Prior Util = ~8%

Prior total CL = ~$144K. This makes my total CL at just shy of $200K.

Like I said...this is INSANE! However, I'm not going to dispute it !!!

Congrats... And yes, that is true insanity!! Enjoy..

coldnmn · ‎11-18-2014

Congrats! Thanks for sharing.

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17

CreditMagic7 · ‎11-18-2014

Congrats!!

uswala · ‎11-18-2014

Congrats!

That is awesome CL. My annual income is much less than that!!

Anonymous · ‎11-18-2014

Congrats Thom!!!!

WOW just under 200K

Anonymous · ‎11-18-2014

Congratulations!...Thanks For Sharing.

ojefferyo · ‎11-18-2014

congrats, wish my app was that quick

Amex Platinum, Amex Hilton HHonors Surpass, Chase Southwest Premier, Chase Marriott Rewards Premier, Discover IT, Sony Visa, Barclay Arrival+ MC, Cabela Visa, Walmart SC, Amazon SC, Kohls, Diners Club Premier, PayPal Credit, PenFed Platinum Reward Visa, PenFed PLOC, Chase Ritz Carlton, Citi TY Premier, Amex BCP, Discover Miles, Care Credit, Blue Nile SC, iComfort SC, Cap1 Venture, Chase Hyatt, Lowes, US Bank Cash+, Citi Costco Visa

thom02099 · ‎11-18-2014

Couple of things...

First, thanks to all!

Second, while I didn't think there would be a problem with approval, I didn't expect it to be so quick -- less than 2 week turn around. Having read here and elsewhere about the process others experienced, I figured I might be lucky to hear something by the end of the month, but was truly expecting early December.

Third (more than a couple) -- that CL. Stated income was $60K which I can document. Household income is more like $95K-$110K. Good mix of credit, with some loans paying off in the near future, 42-44 accounts showing on my credit reports, pristine report. Nearly 600 monthly payments on time (according to CK), never a missed payment within the past 7 years (what's showing on my reports). 2 INQ showing on TU when the application made, and those were part of a tri-pull for my daughter's student loans, no credit card apps within the past year pulling TU.

I can't figure out if this CL was granted by a computer, or if there was an underwriter review. Either way, I'm grateful for it, significantly more than my next highest limits. And with this new CL I can start closing some unnecessary accounts as I go in to retirement next year, without adversely affecting my utilisation.

CreditCuriosity · ‎11-18-2014

Wow amazing limit.. Take a year off work now, just kidding...