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SDFCU Premium Cash Back Plus Approved

ZZWW2017
Regular Contributor

SDFCU Premium Cash Back Plus Approved

I applied for and was approved for the SDFCU Premium Cash Back+.

 

I joined SDFCU in December with both a checking and a savings account. I had not used the accounts, but in February I deposited about $45, I deposited $100 in March, about $1,000 in April, and about $300 in May. I had a little over $1,500 on deposit with them at the time of my application. I also used my debit card a few times online in May.

 

I have one full-time and one part-time job. When I applied I submitted the last two pay stubs from both of my jobs, a copy of my driver's license, SS card, and Spectrum bill.

 

My annual income is $30,000. On one of the documents that they e-mailed me, it showed my income as $56,000 annually. I messaged them saying I had no idea how that happened, but that is NOT what I had put down and that my annual income is only $30,000. I also called into the credit union. The person I talked with said that they know I did not put that amount on the application, and that they got it from my credit report. She also said that they could not consider the income from my part-time job, since the pay stubs are handwritten.

 

Data points:
0 derogs
Open Accounts:
Student Loan: $4,636/$7,330
Student Loan: $3,354/$5,500
Discover: $488/$20,000
Wells Fargo: $0/$3,800
Chase Freedom: $0/4500

AAoA was about 10 years.
AoOA was about 20 years.
AoYA was a little over 7 months

SDFCU lists my Experian (VER.2) score at the time of application as 795.

 

I was worried about not getting approved since the minimum CL is $5,000 and they are a known conservative lender, but I was approved for a $20,000 CL!

 

I'm so excited! This is one of the few 2% cash back cards that is a Visa card. That means I will be able to use it at Costco, and I won't have to wait until every February to get the cash back. I have already redeemed some of the cash back as a statement credit.

Message 1 of 21
20 REPLIES 20
M_Smart007
Epic Contributor

Re: SDFCU Premium Cash Back Plus Approved

$20,000 CL - Sweet!

Congratulations and Have A Happy & Safe 4th of July.

Message 2 of 21
aeroazure
New Contributor

Re: SDFCU Premium Cash Back Plus Approved

Wow that starting CL is crazy! Good job!

Total CL: $40,300

Enthusiast

Goal: 0 Inquiries for a year
Message 3 of 21
tbque
Valued Contributor

Re: SDFCU Premium Cash Back Plus Approvedc

Congrats on the new card with SDFCU and the sweet SL!





Message 4 of 21
KLEXH25
Valued Contributor

Re: SDFCU Premium Cash Back Plus Approved

Whoa!!! Congratulations on that monster SL! Enjoy!


Message 5 of 21
Dinosaur
Moderator Emeritus

Re: SDFCU Premium Cash Back Plus Approved

ZZWW2017 great approval! Also, was informed they were tough to get approved with so you accomplished a lot. Would like the card you obtained as it is a solid 2% with the Visa Signature benefits (if needed). Feel good about your score! Smiley Happy

Starting Score: 850
Current Score: 850
Goal Score: 850


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Message 6 of 21
ItsPossible
Valued Contributor

Re: SDFCU Premium Cash Back Plus Approved

Congrats on the approval and awesome SL!

"Hover mouse over cards to see CL and APR info"


Message 7 of 21
Namaste7
Established Contributor

Re: SDFCU Premium Cash Back Plus Approved

🎉CONGRATULATIONS 🎉

 

That’s an awesome SL especially from SDFCU especially given your income. I’m hoping mine will grow to 20k!!!

~~MMXX~~
2022 Goal$: Financial Independence (FI)
Message 8 of 21
doinit1
Valued Contributor

Re: SDFCU Premium Cash Back Plus Approved

Excelent Congrats on your awesome approval!!

American Express Business Gold(NPSL 10k) Chase CSP (25k) BofA CR Siggy (20.8k) BofA BBR (22.1k) Amex BCP(4.1k) Overstock (21.1K) Lowes (17K) NFCU CLOC (15K) NFCU VS Cash (15K) Care Credit (15k) J Crew( 11.9k)Venture WMC (10.25k) Amex Everyday (1k) Chase Slate (10k) Walmart MC(10k) BB Visa (10k) Discover(4.5k☝️) PayPal Cashback Mastercard (8k) Chase FU (7.4k) Citi AAdvantage Gold World Elite (9.5K) Citi Double Cash (8.5k) Fidelity® Rewards Visa Signature® Card (6.5K) PenFed PCR (5K) PayPal Credit (4550)Discover (500✌️) Kohls (3k) Chase Freedom (1500)

Mortgage May 2017 - 2 auto loans (1 PenFed and 1 Navy) Aug 2018=98K
Gardening until June 2021

FICO 8 Scores EX 700 EQ 696 TU 703
AAOA 5.2yrs TCL=268,700
Message 9 of 21
jrdoctor79
Regular Contributor

Re: SDFCU Premium Cash Back Plus Approved

Congrats on the approval and nice SL.. 



Starting Score: TU 527, EQ 543, EX 563
Current Score: TU 690, EQ 677, EX 694
Goal Score:725 Across The Board


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Message 10 of 21
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