Elan Financial Services?

[Anonymous]

I was wondering if anyone is familiar with Elan? They are the issuer of an American Express Card offered through my local Bank, and the rewards are pretty decent for a $99 AF card.

This was also mentioned under card benefits at the Bank just above the apply button:

Receive one automatic Global Entry statement credit ($100) or one automatic TSA PreCheck® statement credit ($85) every five years

[FinStar]

Not too bad of a product honestly, save for the AF (waived the 1st year) and points expiring after 5 years.

So, I have 2 CCs with ELAN including Fidelity Private Client (migrated from BoA/FIA) and they're a subsidiary of US Bank. I've had no issues with them at all. UW would really depend on their partnership with the member institution, so they could either be fairly conservative or somewhat conservative.

[ChargedUp]

I've got an Elan card that is from a bank I'd never heard of and on the other side of the country from me. (I had a mailer from Florida Community bank show up in CA?) Anyways, I looked them up and cold apped during my one time card spree. a couple weeks later the card showed up with a $5000 limit.  I've gotten 2 SP auto CLI's from them with little useage bringing me to $10K. Nothing too fancy (especially their website) but the card does what it promises.

[Anonymous]

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@Anonymous wrote:

I was wondering if anyone is familiar with Elan? They are the issuer of an American Express Card offered through my local Bank, and the rewards are pretty decent for a $99 AF card.

This was also mentioned under card benefits at the Bank just above the apply button:

Receive one automatic Global Entry statement credit ($100) or one automatic TSA PreCheck® statement credit ($85) every five years

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Elan Financial Services is a division of U. S. Bank. They issue and service credit cards for smaller community banks and credit unions who don't have they resources or economies of scale to provide those services on their own.