My simple February three card application day was anything but successful at first glance. I was one for three scoring only the Mercedes Benz card from Amex and receiving rejections from Bank of America for the Virgin Atlantic card and most recently, the US Airways card. After sending a reconsideration letter to Bank of America, they came to their senses, realized what a great credit risk I am, and approved my Virgin Atlantic Amex card for 50,000 miles IIRC. Now to deal with Barclays, maybe.
They denied me based on:
Sufficient credit is available on your account issued by Barclays Bank Delaware.
I have two other credit cards with Barclays. They are a personal and business US Airways cards. Here is my dilemma along with an email I just got from Eric is making me hesitant to take another swing at them:
Is there a reason why it’s better to wait then call Barclays when you don’t get an instant approval? I recently did what you did and applied for a 2nd US Airways MC while I have another one open. When I get the “pending review” screen I called them, twice, but was denied. I later found out that the recon dept pulled reports from all 3 credit agencies to review my credit. Ultimately, I was still denied cuz they said I have 7 new accounts in the last 6 months. But is the reason not to call cuz Barclay would pull 3 all credit agencies? Had I just waited would they have reviewed my credit without pulling all 3 credit agencies?
Thanks in advance for your help!
Well I don’t think they would have pulled all three if you didn’t call for reconsideration, so hence my hesitancy to ask for a reconsideration. I don’t need or want three more pulls for a 40K approval. I could easily cancel the business card and/or lower the credit limit on my existing personal card, but three pulls? one from each agency?
Before I decide, its time for the gang to chip in again with advice. This is the first I have ever heard of this one before. I have never been denied by Barclays so will be all ears as to your past experiences. Comments will not only help me, but Eric and others as well.
Citi Prestige® Card
- Annual Fee: $450 fee
- Foreign Fees: No
- Card Type: Bank
The increase to 50,000 ThankYou points for the Citi Prestige card may be a signal that Citi wants back in the game, big time. The sign-up bonus has just been increased to 50K points from the previous 30K offer. An added benefit is a $250 annual air travel credit each calendar year -- so, if you sign up in April, you'll receive the credit this year, and again in January of next year -- which more than covers the $450 first year fee. When you add in lounge access for you and up to two of your guests, you’ve added another $400+ in value. One more benefit worth mentioning is the fourth night free for any four-night hotel stay booked through Wagonlit Travel. And lastly is the $100 statement credit when you sign up for Global Entry and pay for it using the Prestige card. Don’t forget the ever-growing number of airline transfer partners that work with the ThankYou points program.
- $250 Air Travel Credit each year
- Complimentary 4th Night for any hotel stay
- Earn 50,000 bonus ThankYou® Points after $3,000 in purchases made with your card in the first 3 months the account is open.
- Points are redeemable for an $800 flight on American Airlines or US Airways®, a $665 flight on any other airline or $500 in gift cards.
- Transfer points to a variety of travel loyalty programs from airlines to hotels.
- Earn 3x points on Air Travel and Hotels
- Earn 2x points on Dining at Restaurants and Entertainment
- 1 ThankYou® Point per $1 spent on other purchases