I think this bank and 5/3 bank had changed their guidelines this year - now both banks required 720 or above to qualified for Visa cards - last year, many banks only required 680 or above to qualified for either Visa or MasterCards -
my FICO is 702 but got DECLINE for 5/3 bank Visa card this week (6/2009) -
Yeah, I app'd the other day with about the same score and got a big fat denial...=
Comment 5
Comment Title: BofA Or 5/3? From ColoNativeon 2009-06-14
So did you get approved for the BofA and declined for 5/3?
That is okay, you don't want a 5th of a 3rd bank anyway LOL. Sorry, poor attempt at a joke.
By the way, if you did get this BofA Platinum Plus does it have a Cardholder Since date on it? My old BofA Visa Gold had it but the replacement card (which also came with a new account number ala MBNA) does not have it. My BofA Visa Signature does though..
Definitely wait at least until all accounts have aged six months or more. You could get a denial along the lines of... "Too many new accounts opened in the last six months." etc.
However, you are...
My guess is because I opened 3 out of 4 accounts in the past 12 months, and I had balances on most of them.
My utilization at that point was around 20%
Assuming you're young and your first credit card was opened 7/10, what had caused your scores to stay below 700? What is your current total utilization? You mentioned paying stuff off, if these...
I really want to get my foot in the door with AMEX. So I've read that Zync appears to be the easiest to get.
I currently have 4 Credit Cards (Citi Forward, Macys, Victoria Secret, and Ebay...
At least I know from my experiences when I was in my twenties and not so responsible about credit, sometimes after a few years have passed, some former creditors may decide to take you back. I had...
Definitely wait at least until all accounts have aged six months or more. You could get a denial along the lines of... "Too many new accounts opened in the last six months." etc. However, you are...
Amex zync?