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Ollo Rewards Approval !

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coreyb80
Super Contributor

Re: Ollo Rewards Approval !

Congrats on the approval!

Message 11 of 18
issac2x
Frequent Contributor

Re: Ollo Rewards Approval !

Congrats on the approval


Message 12 of 18
Meanmchine
Super Contributor

Re: Ollo Rewards Approval !

Congrats !

>3/2016 EX 644 CK-TU 642 CK-EQ 660 WalMart- 671.
>7/2025 All 3 reports 830 - 845(F8) F9s = all 850 but my app finger is still twitching
Message 13 of 18
Anonymous
Not applicable

Re: Ollo Rewards Approval !

congrats on the approval.

 

They bumped me $100 once without asking, but I've had some higher utilization ever since getting the card last year so I haven't thought much for the future of mine...just happy there is no AF as I got it to replace two other garbage cards.

Message 14 of 18
M_Smart007
Legendary Contributor

Re: Ollo Rewards Approval !

I would go for this card, but they seem to be a little low on the SCL side.

Message 15 of 18
Openwater
Established Contributor

Re: Ollo Rewards Approval !

Congrats on the approval! Definitely a great move to start the rebuild as soon as possible. Ollo from what I've read is a good rebuilder card. Best of luck, cheers!




Discover 22K ---------------------------- Credit Union MC 17K
Cap1 QS 11K ---------------------------- Barclay 3.4K
AMEX Blue Cash AU 15.5K ------ Barclay Apple AU 10K
AMEX BCP 15K
1 Installment loans:
Auto 60K /

AMEX Hilton Aspire 25K
Vantage 3.0: TU:738 EQ: 737 03-17-2020
Ch. 7 DC 12/2014
Message 16 of 18
Anonymous
Not applicable

Re: Ollo Rewards Approval !

Congratulations
Message 17 of 18
Anonymous
Not applicable

Re: Ollo Rewards Approval !

I'd also like to add that I did make a phone call to Ollo perhaps a month after an auto CLI.

 

I spoke with "Frank" for around 32 minutes believe it or not.

Now most of these call center people are not licensed or financial experts, but following the law they can still give some great advice and insight to how the card issuer works.

 

This is what I learned about Ollo. It's a great rebuilder card that (like the reason I got it to begin with) can replace your cards with $39-125 AF. I accepted the Ollo card after the 4th mail offer. I got married last year and in the process tried out a half dozen new cards in a couple year period of being engaged and planning a wedding.

Frank told me that as far as Ollo is concerned they love to see a lower utilization and multiple payments. This is a bit different than say capital one which honestly has only been good to me when I'm carrying a decent balance and pumping a lot of money through the card.

Ollo would rather people be responsible than send a ton of money through the card. You also completely lose a chance to get any increase if you have any lates. I know other cards will still give CLI if you're current with them, but Ollo seems to be the ideal card for people that don't want to do Indigo or creditone. You can get a CLI after only a few statements if they think you earned it...however...then only one every 6 months from there.

 

The card will grow. He said it wasn't unlikely that people get $300-500 starting and get $3500 after the 4th statement

Message 18 of 18
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