Recently approved for CL > 10K ???

[Anonymous]

I'm new to the FICO Forums, been lurking around for a few days and this is the first post.

There is a post which deals with "High-ish Credit limits": http://ficoforums.myfico.com/fico/board/message?board.id=creditcard&thread.id=69544&view=by_date_asc....

With the Credit Crunch and all, I guess the lenders are holding back on very High Credit Limits but still offering 0% APR for competition.

I would appreciate if you could share the Highest Credit Limit you were approved for in the last 3 months, your FICO score at that time, Bank, Card Name, basic terms (APR, promo period, BT info etc) and whether you applied for it online (Take One) or the Bank solicited you with the product (Pre-Selected/Approved).

Such information would serve as a valuable source for people like me who are hunting for a new Credit Card.

Personally, I've a FICO score of 765 (Equifax). Have Discover Cashback, Citi Professional, Chase Freedom and Amex Blue (with good incentives). But I need a new CC with a Credit Limit > 10K and a 0% APR on BT for atleast 3 months - need a 10K BT immediately for a family emergency (bank statement). Contemplating on which CC to apply for. WAMU and BofA seem to be good choices (BofA - customer satisfaction, WAMU - free FICO). But I'm not sure whether either of them will offer a CL of >10K off the bat. Also, I cant gamble on that since I dont want to apply for multiple CCs.

Thank you !

[Anonymous]

One of our mods just got the WAMU real rewards for 15K. Scores in the 700's. Wamu does BT's, I think he got 0% offer.

Search Cheddar in the user search you should be able to get info!

[Anonymous]

check out credit unions.  they give really good starting cls.  what about the cards you have? are they maxed out.

Message Edited by casinoannie97 on 04-17-2008 03:14 PM

[Anonymous]

miahmarie is right.  I got the WaMu Real Rewards for $15K, 0% on purchases until 1/1/2010, 12.99% variable after that.  12.99% on BTs (no intro rate).  The 0% introductory rate on purchases was contingent on transferring a balance of at least $100 at the time of the app.  (I transferred exactly $100 and PIFfed it as soon as it hit the account, before I had even gotten my card in the mail.)  I did receive a preapproval for the card by mail, but I applied online using the preapproval code.  Approval was instant.

They pulled EX, which was 737 at the time.

While your FICO score will be a contributing factor in determining your CL, usually the amounts on your existing CLs and your HHI are more important factors.

www.whogavemecredit.com is a good resource for the info you're looking for.

Message Edited by cheddar on 04-17-2008 03:56 PM

[Anonymous]

Thanks miahmarie and casinoannie97.

miahmarie: I'll search for the post from Cheddar on WAMU CC.

casinoannie97: Penfed, NavyFCU, USAA seem to be highly recommended. Already checked Penfed. They dont have 0% intro offers. Will check the others now. Can you please recommend a couple of other Credit Unions. I've a 7% utilization on my CCs. But APR on BTs from them is high (6+%). That is one of the reasons to search for a new card.

[Anonymous]

just got a cli from 5000 to 7500 to 15000 within a three week span. They didn't ask too many questions

[Anonymous]

TRY CCCU but they are slow -3 weeks anyway.

[Anonymous]

Congrats cheddar !

0% on purchases for 21 months is absolutely great.

My current total CL is 45K; utilization is 7%; income is 90K; last inquiry was 1.5 years ago; EQ FICO is 765.

That way I'm good - but need help with selecting a good CC.

whogavemecredit.com seems to be a good resource.

Guess I'll post my CC info once I'm approved.

RGordon, I really cant wait / gamble on CLIs, but which card was it???

Thanks casinoannie97.

[Anonymous]

I started with the plat. plus secured card with 1,000 CL and no rewards. then just recently I asked for a CLI from 5,000 to 7,500. they then swtiched me to a worldpoints visa with a 15,000 limit. Asked me to make them my card of choice, since I always use my amex card for all purchases and bills. Before this the amex blue was my highest limit with a 13,800 CL, I think BofA just wanted to one up them. I guess they do pay attention to the CR's. I use the BofA just enough to get by.