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Getting the SaksFirst WEMC is a unique process. During the hour of the wolf on Sunday 5.15 I apped for the SaksFirst store card and was approved instantly with a 4k limit. This was the first step to getting the WEMC that I really wanted and apped for the SaksFirst Mastercard minutes after being approved for the store card. As this is not an immediate decision I received the email thanking me for my application and a check status link.
Every day following the application I called the automated system for the SaksFirst store card. I'd read on this forum that this is the best way to know if you've been approved for the Mastercard. It wasn't until the 20th that the automated system said "you have a store account and a Mastercard account" during the greeting. I got to a rep to find out which of the two Mastercards I'd been approved for and the interest rate. The rep advised it was the Platinum and the highest interest rate. I was bummed and confused, especially knowing my credit profile. I crossed my fingers hoping she missread the info for was just guessing.
On the 23rd I received notice in the mail that I'd been approved, but no details about the account were contained.
Today the 27th I received the physical card and details. I received the World Elite Mastercard and their lowest interest rate along with a 14k starting limit on the Mastercard side.
As the process for getting the SaksFirst WEMC is a bit of an ordeal compared to most other lenders I hope this will help others going forward.
Is it mandatory that you apply for the store card first?
@Anonymous wrote:Is it mandatory that you apply for the store card first?
Yes it is. The store account is separate and distinct from the Mastercard account. It's very similar to how Macy's operates in this regard except that it's not instant. The application for the Mastercard requires you to input the account number from the store card. Luckily you get the store card account number immediately upon approval.
I'm not sure if this process is different when applying instore (OFF5TH or full Saks).
@DoroLucky wrote:
Congrats.
Is there another HP for the WEMC?
Great question! It was actually. I was hoping that by apping for both in the same day that they'd use the same pull. Turns out they HP'd me for WEMC consideration on the 19th. Looking at what little info there is on the app process for this card the delay seems normal. All reports indicated the team that considers you for WEMC takes several days and does their own hard pull.
Congrats.
Congrats
Congratulations! on the Saks WEMC!!
Total CL: $321.7k | UTL: 2% | AAoA: 7.0yrs | Baddies: 0 | Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping |
Thanks guys! This was my last want. I've got all my choice cards now and will have no trouble staying in the garden.