Apple Card underwhelmed

zerbherb · ‎08-22-2019

Why is goldman being conservative with me.

7.5k credit midrange apr of 17.9..

mid 700s across the board

90k income

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Discover it 13300 cl nov 2014/ Everyday 26700 k march 2015/CSP 7.5k Feb 2016/ Freedom Unlimited 7k july 207

Anonymous · ‎08-22-2019

@zerbherb wrote:
Why is goldman being conservative with me.

7.5k credit midrange apr of 17.9..

mid 700s across the board
90k income

I am not sure. I was felling the same. I was approved for 6.5K with 17.99 APR. Scores are little above 750's across the boards.

zerbherb · ‎08-22-2019

glad im not the only one. Yeah my scores are like 775 765 759

;
Discover it 13300 cl nov 2014/ Everyday 26700 k march 2015/CSP 7.5k Feb 2016/ Freedom Unlimited 7k july 207

Anonymous · ‎08-22-2019

@zerbherb wrote:
glad im not the only one. Yeah my scores are like 775 765 759

yeah. Maybe they are being conservative because I believe they want to approve a wider number of audiences. Ideally, all the customers using iPhone 7 and above.

DrZoidberg · ‎08-22-2019

After looking through posts about starting CL, APR, and approvals. I think the starting CL has a lot to do with income than score.

Anonymous · ‎08-22-2019

Congrats on your approval and very nice card !!!!

RickNATL · ‎08-22-2019

I agree that income plays a big part...and maybe the average of card limits on credit file...

I am north of $250K year, with most limits between $20-30K, and across all 3 bureaus I am 750 up each...I was approved by Apple for $20K. Who knows!

Ammer · ‎08-22-2019

I got 15K and 12.99% which is actually kind of low for me since my highest CL is 65K and 8 other cards over 15K. The card didn't really make sense for me but I'm an Apple fan boy. What can you do? :-)

Amex BCP (65.000), CapOne Venture ($50.000), Chase Sapphire Reserve ($45.000), Citi Double Cash ($26.000), Wells Fargo Amex WorldPropel (25.000), Amex SPG (25.000), Barclay American Airlines (22.500), Citi AA (19.700), Chase Amazon (12.500), Apple Card (15.000) Chase Freedom (5.400), Chase Freedom Unlimited (3.000), CapOne Quicksilver ($5.000), Chase Ink Cash (10.000), Amex EveryDay (1.000),

AverageJoesCredit · ‎08-22-2019

Congrats

in line with your other cards

EW800 · ‎08-22-2019

I was underwhelmed as well, therefore declined. I was approved for $10K 12.99%, with perfect credit scores, no inquiries on TU and income well north of $120K. While not a bad SL, I just felt it wasn’t worth a HP for what would have been one of my lower limits.

Year 2012: All Scores in the 520 range, during a foreclosure, CC Settlement and high UTIL. Very ugly days...
April 2024: EX8: 839; EQ8: 845; TU8: 842 -- Middle Mortgage Score: 822
In My Wallet: Discover $73.7K; Cap1 Venture $51.7K; Amex ED $38K; Amex Optima $2.5K; Amex Delta Gold $18K; Citi Costco $24.5K; Cap1 Plat $8.4K; Barclay $7K; Chase Amazon $6K; BoA Plat $21.6K; Citi TY Pref $22K; US Bank $4K; Dell $5K; Care Credit $6.5K. Total Revolving CL: $300K+
My UTIL: Less than 1% - Only allow about $20 a month to report, on one account. .