US Bank, M&T, PNC or Truist

credit8502020 · ‎03-07-2023

Hi! I'm considering opening up a bank account with US Bank. I've read that they offer lower starting limits than Elan. This is my main hesitation with opening an account there. However, I've also seen data points that they are generous when you build a relationship with them.

I'm opening the account with the plan to open a credit card in the future and a business bank account later this year as well.

For those of you that have US Bank credit cards for $25,000+, what has your experience been with the bank? How long were you a member before apping? Did they request a lot of documents for the credit card app? Was the credit card app process smooth?

I'm asking the same questions for M&T, PNC & Truist. I will be opening new personal checking/savings accounts as the first step to establish a relationship for personal credit cards and business accounts and credit cards down the line.

Any feedback about your experiences with these would be appreciated.

rgate88 · ‎03-21-2023

I can speak to PNC. PNC is very relationship driven. It took me forever to be open a CC w/ them after opening an account and they have been my main bank for almost a decade now. I was also not in the financial position I was in then and my CC score was much lower back then; I was not in the game like I was now. I started w/ their Core card w/ a $1,500 limit ~55 months ago, and it's grown to $22k. Right as the C19 pandemic hit, I was able to get their Cash Rewards card for a $25k limit instant approval. I just recently got an increase to $30k after I paid off all of my CC debt (~$9k). I have an auto loan with them for almost 3 years. Been very happy with them overall.

CO Quicksilver - $500; Barclay's GM BuyPower - $700; Target MC - $9,000; Chase Amazon Prime - $8,000; PNC Core - $27,000; Citi DoubleCash - $10,300; Citi Simplicity - $29,500; Chase World of Hyatt - $12,000; PayPal LOC - $1,500; PNC Cash Rewards - $48,000; U.S. Bank Altitude Go - $15,000; AmEx Platinum - NPSL ($7,800 POT); Elan Max Cash (Alliance CU) - $25,000; Alliance CU LOC - $2,000; Wells Fargo Autograph Visa - $10,000; Chase Freedom Flex - $8,000; Venmo - $1,500; AllTru CU LOC - $10,000; Citi Strata Premiere - $11,000; Citi AAdvantage Platinum Select - $14,300; Gemini Credit Card (WebBank) - $15,000; Chase Sapphire Reserve - $26,600; Citi AAdvantage Global - $15,500

Business Trade Lines - Chase Ink Cash - $4,000; Chase Ink Preferred - $10,000; AmEx BBP - $5,500; Hilton Honors Business - $9,000; Elan Business Visa (Alliance CU) - $20,000; Barclay's GM Business - $2,500; Kabbage LOC - $10,500; Marriott Bonvoy Business - $14,600; IHG Rewards Premier Business - $5,000; Edward Jones Business (US Bank) - $2,000; Barclays Wyndham Earner Business - $14,000; US Bank Triple Cash - $10,000; Chase Ink Unlimited - $6,000

Total CLI - $413,500

credit8502020 · ‎03-21-2023

@rgate88 wrote:
I can speak to PNC. PNC is very relationship driven. It took me forever to be open a CC w/ them after opening an account and they have been my main bank for almost a decade now. I was also not in the financial position I was in then and my CC score was much lower back then; I was not in the game like I was now. I started w/ their Core card w/ a $1,500 limit ~55 months ago, and it's grown to $22k. Right as the C19 pandemic hit, I was able to get their Cash Rewards card for a $25k limit instant approval. I just recently got an increase to $30k after I paid off all of my CC debt (~$9k). I have an auto loan with them for almost 3 years. Been very happy with them overall.

@rgate88 Thank you for your feedback. Did they offer you SP or HL CLI? Were they requested or given automatically?

rgate88 · ‎03-22-2023

@credit8502020 wrote:
@rgate88 wrote:
I can speak to PNC. PNC is very relationship driven. It took me forever to be open a CC w/ them after opening an account and they have been my main bank for almost a decade now. I was also not in the financial position I was in then and my CC score was much lower back then; I was not in the game like I was now. I started w/ their Core card w/ a $1,500 limit ~55 months ago, and it's grown to $22k. Right as the C19 pandemic hit, I was able to get their Cash Rewards card for a $25k limit instant approval. I just recently got an increase to $30k after I paid off all of my CC debt (~$9k). I have an auto loan with them for almost 3 years. Been very happy with them overall.

@rgate88 Thank you for your feedback. Did they offer you SP or HL CLI? Were they requested or given automatically?

@credit8502020 Always a SP and I requested them myself. Once or twice I got small increases on the Core from them but I got bigger ones sending in the request myself. And it's easy to do from the website.

CO Quicksilver - $500; Barclay's GM BuyPower - $700; Target MC - $9,000; Chase Amazon Prime - $8,000; PNC Core - $27,000; Citi DoubleCash - $10,300; Citi Simplicity - $29,500; Chase World of Hyatt - $12,000; PayPal LOC - $1,500; PNC Cash Rewards - $48,000; U.S. Bank Altitude Go - $15,000; AmEx Platinum - NPSL ($7,800 POT); Elan Max Cash (Alliance CU) - $25,000; Alliance CU LOC - $2,000; Wells Fargo Autograph Visa - $10,000; Chase Freedom Flex - $8,000; Venmo - $1,500; AllTru CU LOC - $10,000; Citi Strata Premiere - $11,000; Citi AAdvantage Platinum Select - $14,300; Gemini Credit Card (WebBank) - $15,000; Chase Sapphire Reserve - $26,600; Citi AAdvantage Global - $15,500

Business Trade Lines - Chase Ink Cash - $4,000; Chase Ink Preferred - $10,000; AmEx BBP - $5,500; Hilton Honors Business - $9,000; Elan Business Visa (Alliance CU) - $20,000; Barclay's GM Business - $2,500; Kabbage LOC - $10,500; Marriott Bonvoy Business - $14,600; IHG Rewards Premier Business - $5,000; Edward Jones Business (US Bank) - $2,000; Barclays Wyndham Earner Business - $14,000; US Bank Triple Cash - $10,000; Chase Ink Unlimited - $6,000

Total CLI - $413,500

credit8502020 · ‎03-22-2023

@rgate88 wrote:
@credit8502020 wrote:
@rgate88 wrote:
I can speak to PNC. PNC is very relationship driven. It took me forever to be open a CC w/ them after opening an account and they have been my main bank for almost a decade now. I was also not in the financial position I was in then and my CC score was much lower back then; I was not in the game like I was now. I started w/ their Core card w/ a $1,500 limit ~55 months ago, and it's grown to $22k. Right as the C19 pandemic hit, I was able to get their Cash Rewards card for a $25k limit instant approval. I just recently got an increase to $30k after I paid off all of my CC debt (~$9k). I have an auto loan with them for almost 3 years. Been very happy with them overall.

@rgate88 Thank you for your feedback. Did they offer you SP or HL CLI? Were they requested or given automatically?
@credit8502020 Always a SP and I requested them myself. Once or twice I got small increases on the Core from them but I got bigger ones sending in the request myself. And it's easy to do from the website.

@rgate88 Ok. Thank you. This is good to know.

akaFettHutt · ‎03-26-2023

All of them currently have checking promos!