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Venmo Visa Approved! Worse SL ever

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Jnbmom
Credit Mentor

Re: Venmo Visa Approved! Worse SL ever


@Marz2002 wrote:

@Brian_Earl_Spilner wrote:

Could be worse. You could have got $300 like so many people with good credit with the paypal 2% mastercard.


, not to change the topic but, I just received my latest PayPal 2% MasterCard CLI Rejection letter stating - 

"The requested amount exceeds the limits set by our credit policy." I requested a $5K CLI and didn't even receive a counter offer. I haven't received a CLI from them since May 2019! Smiley Sad


If your card is at 10K you WILL NOT able to request a CLI online , you have to call CS. Also synch has  a max of 100K  total limits across all cards.

EXP 780 EQ 791TU 795
Message 11 of 25
Marz2002
Senior Contributor

Re: Venmo Visa Approved! Worse SL ever


@Jnbmom wrote:

@Marz2002 wrote:

@Brian_Earl_Spilner wrote:

Could be worse. You could have got $300 like so many people with good credit with the paypal 2% mastercard.


, not to change the topic but, I just received my latest PayPal 2% MasterCard CLI Rejection letter stating - 

"The requested amount exceeds the limits set by our credit policy." I requested a $5K CLI and didn't even receive a counter offer. I haven't received a CLI from them since May 2019! Smiley Sad


If your card is at 10K you WILL NOT able to request a CLI online , you have to call CS. Also synch has  a max of 100K  total limits across all cards.


Thanks , I have been calling Synch Credit Solutions at 877-379-8175 since my CL has been $10K and their mailed response is ALWAYS No, without a Counter offer. My Synch total limit across all cards is $29K. My latest No CLI letter from Synch mentioned that no credit report was utilized in making their decision. My spend is about $100 per month and always PIF after statement cuts.

 

I have even requested an upgrade to their World MasterCard for my 2% MasterCard and their response was NO. My latest Synch provided credit score is 729.

AMEX BCP $8K | AMEX Cash Magnet $15K | Citi DoubleCash WEMC $15.2K | Citi Rewards WMC $15.5K | Citi Costco VS $12K
Citi Custom Cash WEMC $7.8K | Synchrony (PayPal Credit $6K, Care Credit $15K, & PayPal 2% MC $10K, VENMO VS $6.5K)
PNC Cash Rewards VS $10.5K | NFCU cashRewards VS $14K | NFCU More Rewards AMEX $37.5K | NFCU Flagship Rewards VS $23K
Discover IT $22.5K | BB&T Cash Rewards $4.5K | Macy's AMEX $25K | Bloomingdales AMEX $20K | Apple Card WEMC $9K
PenFed Power Cash Rewards VS $7.5K

Total CL - $284K+
Message 12 of 25
Anonymous
Not applicable

Re: Venmo Visa Approved! Worse SL ever

I was expecting to see a $350 SL, which was what I got approved for when I applied for the Blaze MC 2 years ago (I'm at $1350) now.

 

$2750 is nothing to sneeze at. Congrats!

Message 13 of 25
Anonymous
Not applicable

Re: Venmo Visa Approved! Worse SL ever

Congrats! Guess who's going to check out his Venmo app......

Message 14 of 25
AverageJoesCredit
Legendary Contributor

Re: Venmo Visa Approved! Worse SL ever

Until you receive a $150 sl , no way can one claim worse sl ever!Smiley Wink

Message 15 of 25
CreditCuriosity
Moderator Emeritus

Re: Venmo Visa Approved! Worse SL ever

Congrats on your approval, did you get the bonus offering as well?

 

Interesting offering got targeted for $100 for 1k spend on venmo as use venmo alot to collect or pay my online poker with friends we do every few weeks among other decent size bills.. Thought about it, but most likely going to pass as just got a few new cards recently.

Message 16 of 25
MartyWrite75
Valued Contributor

Re: Venmo Visa Approved! Worse SL ever

Congratulations on your approval!

April 2024: Experian 772; Equifax 779; Transunion 781


Cards I Have:
Cap One QS: $600 (Sock drawer) || Cap One QS (#2): $6,200 (Sock drawer) || Discover It: $11,400 || Cap One Walmart: $600 (Sock drawer) || AMEX BCP: $8,900 || Amazon Prime Store Card: $10,000 || FNBO Rewards Visa: $2,600 || Discover Cash Back: $5,500 || Citi Custom Cash: $9,500 || Verizon VS Visa: $10,000 || Amex Hilton Honors: $10,000 || Amazon (Chase) Prime Rewards (VS): $9,500

Wishlist Cards:
Paypal Mastercard || Bread Mastercard

Gardening to 10/2024(ideally)
Total Utilization: 11%
Inquiries: Exp: (1) Trans: (0) Equif: (0)

Message 17 of 25
pmany0324
Valued Member

Re: Venmo Visa Approved! Worse SL ever

Congratulations on your approval! $2700 is still a good limit, room to grow.  I received an email invite yesterday and decided to pull trigger (lord knows i don't need another card or inquiry though).. 

Approved for $7K, but with $4K virtual card to spend now.  You are right, the card looks pretty cool (i chose black and white one).

 

DP: Sync FICO 740

I was recently declined a CLI request for amazon ($800) and care ($3,000) though.. so this makes up for it a bit lol

 

 

Message 18 of 25
trant3
Established Contributor

Re: Venmo Visa Approved! Worse SL ever

Thanks. I didnt get the SUB offer unfortunately, kinda salty about it haha


@CreditCuriosity wrote:

Congrats on your approval, did you get the bonus offering as well?

 

Interesting offering got targeted for $100 for 1k spend on venmo as use venmo alot to collect or pay my online poker with friends we do every few weeks among other decent size bills.. Thought about it, but most likely going to pass as just got a few new cards recently.


 

FNBO $15k, Aspiration Zero $11k, Affinity FCU $10k, Sofi $15k, Venmo Visa $2.7k, Apple $7k, Citi Custom Cash $14k, Citi Double Cash $15k, Citizens Bank Cash Plus $8k, Chase Amazon $3k, Chase Flex $13.6k, Chase IHG $16k, Amex BCP $9.5k, Amex Hilton $10k, Chase Freedom $26.5k, NFCU Plat $46k, NFCU Cash $33k, Discover IT $29k, Discover Miles $12k, BECU Visa $14k, Wells Fargo Active $6.3k, PenFed Promise $15k, PenFed Gold $20k
Message 19 of 25
gdale6
Moderator Emeritus

Re: Venmo Visa Approved! Worse SL ever

Grats on your new Venmo card Smiley Happy

Message 20 of 25
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