Now I know I'm in prime status.

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
6 posts
AMEXPlatino86
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Joined: Mon Feb 18, 2013 5:51 pm
Location: New York, NY

Now I know I'm in prime status.

Postby AMEXPlatino86 » Tue Jun 18, 2013 4:46 pm

Just found out today that I Barclay's Apple Visa has been increased to 6k!!! I have finally broken the 5K threshold finally and can see that I'm ready for bigger limits. This is the second time they've done this to me. :D
Wells Fargo Platinum 2.100 (5/2011-cld 7/12/14)
AmEx Platinum (6/12)
Barclays Apple (6/12)
AMEX Gold Delta (5/13)
Marriott Rewards (7/14)

My credit score :cool:
EQ: unknown
EX: 762
TU: 752


MemberSince99
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Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Tue Jun 18, 2013 6:24 pm

Congrats +1 now get to the garden :D

AMEXPlatino86
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Centurion Member
 
Posts: 244
Joined: Mon Feb 18, 2013 5:51 pm
Location: New York, NY

Postby AMEXPlatino86 » Tue Jun 18, 2013 7:17 pm

No need to. They SP me. At this point I'm probably going to upgrade my gold to platinum and put away my WF. I'm only looking to get a business CC and that's about it. Nothing else really interest me in terms of CC's even thought I get offers now for Discover it, Chase Freedom, and Citi Diamond Preferred all the time.
Wells Fargo Platinum 2.100 (5/2011-cld 7/12/14)
AmEx Platinum (6/12)
Barclays Apple (6/12)
AMEX Gold Delta (5/13)
Marriott Rewards (7/14)

My credit score :cool:
EQ: unknown
EX: 762
TU: 752

MemberSince99
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Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Tue Jun 18, 2013 9:45 pm

I was only kidding you about the garden.

I wonder what it is that triggers the softs in the first place. I mean I seldom see companies soft me, actual card companies, that is. Citi never has, nor has Chase, not even Discover. (Chase did as part of an AR recently but they do that once you get their card, prior to that, never in terms of a PRM soft).

In fact the only offer I got all year, which I took and consider a good one, is the FNBO card. No regrets there. But that's it.
Now I'm like you, nothing I'm really interested in, though if they bring Zync back I'm going to take a serious look at that, as in give it some intense consideration. I've kind of even decided to hold off on Freedom for the time being. But Zync, that might get me to bite.

flan
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Location: chicago

Postby flan » Tue Jun 18, 2013 10:47 pm

MemberSince99 wrote:I wonder what it is that triggers the softs in the first place. I mean I seldom see companies soft me, actual card companies, that is. Citi never has, nor has Chase, not even Discover. (Chase did as part of an AR recently but they do that once you get their card, prior to that, never in terms of a PRM soft).


They buy a list, with criteria they specify. Something like "everyone in zip codes = 7 mod 19, fico score between 680 and 721, with a name that might be considered a desert, with a mortgage, no bankruptcy, blah". It used to be possible to get pretty particular lists; it's not supposed to be these days, but I don't know the actual state of affairs. What the various purchasers buy depends on what they're trying to sell. Amex probably looks for a better class of customer than does 'cards for chronic bankrupts'.

They usually use other information to figure out what areas they should target. They have all their customer data, they have census data (which gives a reasonable idea of what typical household income is, education levels, etc). Put that together against other lists (subscribe to a newspaper? subscribe to a particular newspaper?), and they can they put together offers that have a better chance of reaching someone who will respond (and, ideally, someone qualified who will respond.)

You might live in a zip code that doesn't meet the cut.

AMEXPlatino86
Centurion Member
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Posts: 244
Joined: Mon Feb 18, 2013 5:51 pm
Location: New York, NY

Postby AMEXPlatino86 » Wed Jun 19, 2013 7:40 am

Well flan you are absolutely right on that. How they personally select which set of information to take i'm not sure but I know for sure when I looked at the offer that BOA tried to send me it listed that I was chosen because I had a certain credit score that they were looking for according to their FIA standards, have no late or missed payments (they seemed to forget I had a charged off card with them back in 08), and there was a third one but it slipped my mind.
Wells Fargo Platinum 2.100 (5/2011-cld 7/12/14)
AmEx Platinum (6/12)
Barclays Apple (6/12)
AMEX Gold Delta (5/13)
Marriott Rewards (7/14)

My credit score :cool:
EQ: unknown
EX: 762
TU: 752



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