- Centurion Member
- Posts: 3930
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
When we talk about exclusive cards, we sometimes focus on cards that require heavy spending or a large investment portfolio under the issuer's management.
Which cards and issuers have the strictest credit standards, though? Two that come to mind are US Bank for Cash+ and PenFed in general. Are there others in that league, or perhaps even some more conservative?
Lenders have their own preferences. A lot of people with great credit and many prime cards will, for instance, get a tiny limit from Discover. That's still an approval, though. PenFed will decline people with a long and clean history for having a lot of new accounts.
I'm talking about an issuer pulling someone's credit and seeing an 800+ FICO, no recent inquiries or new accounts, and still flat-out declining them. Do any have a reputation for that?
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May