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BMO Harris Bank Platinum Rewards Mastercard approval

kudude08
Member

BMO Harris Bank Platinum Rewards Mastercard approval

Instand approval (read lots saying not instant so I was surprised). Didn't show APR or CL. Called and was told SL is $4,000 and couldn't confirm the APR. I bank with them and had got an email a few weeks ago saying "You’ve been pre-selected for the Platinum Rewards Mastercard" as the subject. 20,000 points (instead of normal 10,000) if you spend $2,000 in 3 months. 

 

Looks like they pulled TU only. I haven't got any other notifications on my credit monitoring. 

 

TU has my only collection account on it from a few years ago. I need to just pay for delete or something on it as it drags my TU score down. It makes me mad because the debt owed is $350 and is from 6+ years ago (maybe even 7 - can't find the documentation). That was back when i was stupid with credit (charge off from a payday loan - dumb and young).

 

Here is my stats from CreditCheckTotal pulled right before applying (I have added quite a few accounts since March - 2 AMEX, 2 PENFED cards, Bank of the West cc, and BBVA Compass Clearpoints (not reporting yet):

 

 
Credit Used
Revolving Debt
$7,959.00
Revolving Credit Limit
$33,276.00
Revolving Credit Usage
24%
Real Estate Debt
$0.00
Installment Debt
$27,515.00
Total Debt
$35,826.00
 
Negative Information
 
 
Accounts Ever Late
3
Accounts In Collections
1
Time Since Negative
1.8 year(s)
 
Inquiries Summary
 
Inquiries
4
 
Public Record Summary
 
 
Public Records
0
 
Length of History
 
 
Oldest Account
12.8 year(s)
Average Account Age
1.8 year(s)

 

Here is the email summary:

20,000 intro bonus points after you spend $2,000 within the first 3 months ofaccount opening.1
20,000 bonus points can be redeemed for up to $250 in travel awards.
0% introductory APR for 6 months on purchases.* After that, a variable APR applies, currently 15.49% – 23.49%3, based on your creditworthiness.
2 points per $1 spent on gas and grocery purchases, up to $2,500 in combined spend each calendar quarter. Receive 1 point per $1 spent on all other purchases.
7 REPLIES 7
19eighty5
Senior Contributor

Re: BMO Harris Bank Platinum Rewards Mastercard approval

Congratulations!

FICO 8 (Feb 2018):EX- 519, TU- 530, EQ- 545
FICO 8 (Mar 2020):EX- 689, TU- 665, EQ- 670
What's in my wallet:



On the chopping block:

Message 2 of 8
James_A
Valued Contributor

Re: BMO Harris Bank Platinum Rewards Mastercard approval

Congrats, k8!  What was your TU score?

And FYI: TU will remove Derogs 6 months early, if you ask.

Starting Score: (5/24/2018) -- FICO 08 EXP: 643; FICO 08 TU: 642; FICO 08 EQ: 677
Current Score (3/12/2021): FICO 08 EXP: 748; TU: 755; EQ: 773
2020 Goal Score: 760 across the board


Take the myFICO Fitness Challenge
Message 3 of 8
kudude08
Member

Re: BMO Harris Bank Platinum Rewards Mastercard approval

Oh I thought I put my TU in there, sorry. TU Fico schore 8 is 685. My FAKO's on Credit Karma, Cap One, etc are 15 or so points lower which I find interesting. And thank you! I was unsure where they would put me with SL. I have 2 $10,000 PenFed cards, $2,000 AMEX, $500 AMEX, $2100 Discover, $1176 Cap 1 secured, QS1 $1,050, Merrick $1,300, Credit One $450 (just logged in today and it went to $700 auto CLI).

 

Really thinking about cancelling the credit one (just at 1 year -right now waiving AF and giving me APR reduction but doesn't matter since I don't use it) and the cap 1 secured (oldest card 5.5 years)... but not so sure about that since I don't want my AAOC to suffer (I have heard it counts for 7 years but that some banks exclude closed stuff so idk). The discover card is secured and coming up on 12 months in a few weeks. Didn't graduate yet but my scores have come up over 100 points from when I got it so I am guessing it'll happen soon.

Message 4 of 8
Xiang182838
Established Contributor

Re: BMO Harris Bank Platinum Rewards Mastercard approval

Congrats on the approval!Smiley Very Happy




Message 5 of 8
VoltronM
Senior Contributor

Re: BMO Harris Bank Platinum Rewards Mastercard approval

Congrats on your approval , thank you for Data points !!!!

 

 

 

8-2019 / Fico 8 EX 8013 , EQ 8016 , TR 810
Amex ED 22k , CSP 17k , Discover iT 12.5k , Fifth Third Bank S2C 12k , BofA Cash Rewards 10k , Avianca Vida 10k , State Farm Good Neighbor Visa 10k , Citi DD 6k , Union Bank Rewards 5k
Message 6 of 8
RicHowe
Valued Contributor

Re: BMO Harris Bank Platinum Rewards Mastercard approval

Welcome to the BMO family!
Message 7 of 8
Gokuva
Regular Contributor

Re: BMO Harris Bank Platinum Rewards Mastercard approval

Congrats on the new card! Nice sign up bonus too. Cat Happy



Message 8 of 8
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