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Elan Max Cash Preferred Signature Approved … wait for it

tag
PointsBonus
Established Contributor

Elan Max Cash Preferred Signature Approved … wait for it

So I applied Monday - 

DP pulled TU 770-790

lol/24 inquires

5-6/12 new accounts 

 

received an email today of an approval at $500.00 yes Five Hundred -

anyone else had this happen ? 
can I recon ?

$500 for a visa SIGNATURE ? F649392D-7479-49FE-9820-C38B20CEC363.jpegF649392D-7479-49FE-9820-C38B20CEC363.jpeg

 








Message 1 of 12
11 REPLIES 11
Ilinferno
Established Contributor

Re: Elan Max Cash Preferred Signature Approved … wait for it

That's rough for sure, hope you can get it bumped up fast!

Message 2 of 12
calisig
Regular Contributor

Re: Elan Max Cash Preferred Signature Approved … wait for it

@PointsBonus Since Elan is a subsidiary of US Bank Corp, I have been wondering how Elan would handle card applications for applicants with multiple new accounts. Based on my research, US Bank seems on average to follow 2/6 and 3/12 rules - so it's a wonder that you were approved for any CL with potentially 7/12 after approval.

 

If you don't mind sharing, it would be interesting to know what your x/6 was before approval?

 

Congratulations on your approval, and thanks for the DP's

13Oct22 Exp F8: 812
Message 3 of 12
Elpadrino1
Valued Contributor

Re: Elan Max Cash Preferred Signature Approved … wait for it

Congratulations on your approval!!

Message 4 of 12
babygirl1256
Senior Contributor

Re: Elan Max Cash Preferred Signature Approved … wait for it

Congrats on your Elan Max Cash Preferred Signature approval . . . let's hope that the credit limit grows fast!!! Smiley Wink

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 5 of 12
gdale6
Moderator Emeritus

Re: Elan Max Cash Preferred Signature Approved … wait for it

Happens all the time, this is a conservative organization owned by US Bank. Responsible use and the card will grow. You can ask for CLI after 6 months, grats on getting in the door!

Message 6 of 12
CreditMagic7
Mega Contributor

Re: Elan Max Cash Preferred Signature Approved … wait for it

Congratulations on your Elan MCP card approval!

Message 7 of 12
CreditAggie
Community Leader
Super Contributor

Re: Elan Max Cash Preferred Signature Approved … wait for it

Congratulations on your Max Cash Preferred approval!

Current Cards (in order of approval):


         
Current FICO 8 | 9 (August 2026):  
Credit Age:  
Inquiries (6/12/24):  
Banks & CUs:

Message 8 of 12
KingRue8500
Senior Contributor

Re: Elan Max Cash Preferred Signature Approved … wait for it

Congrats on your Elan Max Cash Preferred approval




Message 9 of 12
NalekSok
Regular Contributor

Re: Elan Max Cash Preferred Signature Approved … wait for it

Congratulations on your approval! 🎉






Message 10 of 12
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