Bk friendly Best Buy (HSBC) MasterCard Soft Hit Pre-approval

[LissaF26]

Oh good grief, I am ashamed to even tell you what my score is.... 499 as soon as Chapter 7 hit my report it dropped 75 points.

[junior88]

I saw today on my Score Watch that they inquired. I called the 800 number and it said they are processing so I'll see what happens. I applied for a Cap 1 last night too and wasn't declined on the spot. I don't know what that means but when I did it in September they said no immediately (pre-BK) They have to provide you or at least your attorney if you have one with something to prove you opened the account. At least a city, store where it was opened, something. Don't give up on that. I would pursue it to the hilt.

How soon did you apply for the Hooters card? I was thinking about doing them but since I did Cap 1 and this one I decided to wait. I haven't had an actual credit card in a long time.




Congrats Lisa, and I agree Lisa, you have to start somewhere. What is your score now if you don't mind me asking.

I was on the phone with Cap1 for 2.5 hours 1 day last week and they said they don't have to provide me anything. I do know the app was done online with them. At the same time I had $2k stolen from my checking account. Also, in the mail last week I got a letter from Cap1 saying I had applied for a new account with them, I told the lady at Cap1 that, and she didn't even care. I didn't apply for anything with them, I don't really like Cap1 to start with. I told them that they found the other account as fraud so why in the world would the second account be mine? I haven't hired a lawyer yet, I have worked in fraud in the past and I still have friends that do at local CC companies. I'm still working on it. I will not give up, just really is messing up my credit right now. If I wanted a CO on my CBR's I wouldn't have filed CH 7 in 2006.

I just applied for the Hooters card last weekend it. It seems like a good post BK card to get. $500 CL and a $48 AF. I'll just charge my gym membership to it and PIF each month. I use my Wells Fargo secured card all the time, the points program is good with it.

[junior88]

Hey guys what are your credit scores to get the BB card? I won't be discharged until June 14 from Chapter 7. I think I'll apply then. I am afraid of getting denied and also getting an inquiry on report.

Thanks

My TU score is 626 and my EQ is like 592 or something. My EQ score is really jacked up for some reason.

[needeed]

I was just discharged last month and was approved yesterday for the BB Rewards MC w/ a $750 limit. Not bad..

[prettyobk]

I got approved for the card! My limit is only $100. Not that it's a bad thing. I just want something that I can use and make regular payments on. I'm sure I'll get an increase at some point. They used Experian to check my scores and it's much lower than Equifax by about 66 points. I applied for a Capital One so I'll see what happens with that one.

[prettyobk]

I got the $100 too!

Hello Everyone,

I see all the time people are looking for new cards to help build credit... Now I know alot of people on here are going to say "Credit is bad, and is what got you into this mess", but I know others are looking for a safe way to rebuild.

HSBC recently changed the terms on their Best Buy Mastercard, and is no longer offering secured cards, and now is offering a $100 credit limit for a gold card. There is no application fee, and no anual fee. You can see if your pre-approved through the link below, and there will only be a soft hit on your credit. (Beware- If you continue with the application process, it WILL be a hard hit).

Alot of people on the Credit Board forum are saying that they are approved even with other HSBC accounts, even with one's recently opened.

I applied becuase I figured it would help me build some credit if it is paid every month, and I cant get into alot of trouble with only $100. It's small, but a starting place for some of us that can get anything.

Sorry if others have already brought this up, I did a quick search and counldn't find it.

I hope this can help someone!

https://www.hsbcapply.com/start/rewa...H20061100001EM

[junior88]

Hey guys, Just applied online...got the 10-14 day response...called the number due to the fact that I've been a ID Theft victim and have blocks on all my CBR's. Got approved for the big $100. Just got the Hooters card for $500. Anyone know how ofter the give CLI's on the BB card? Thanks!

UPDATE: I did get approved for the Wal-Mart store card also. Thought I had been denied but they sent a letter and had to do the fraud alert stuff....got approved for $400 today. Not so bad.

[tiiger]

Hi all. I got approved for the $100 also. 2days after discharge. I'm now on the road to rebuilding my credit. Does anyone know how often they do cl increases?

[ForumReader]

Hi all. I got approved for the $100 also. 2days after discharge. I'm now on the road to rebuilding my credit. Does anyone know how often they do cl increases?

It varies with credit card companies. There is a recent thread about Cap1 offering increases to some members after 3 months and others, longer or not at all. Perhaps you could talk to customer service with your credit card company about their policy of increasing CLs to their members whether they have filed for BK before or not.

[freedom7]

friendly is an understatement! i got the bbuy card with a 300 limit. spouse who filed right along with me got $4000.00!!!!!!!!!!!!!!! how does that happen?

so 7 month post discharge
ME
cap one 1000
bbuy 300
car loan

mrs.
bbuy 4000
hooters 1100
orchard 500

all paid in full every month!

[Shawshank]

I have also applied and approved with a $300 limit w/ $0 annual fee.
I just checked my FICO Score Equifax and it was 592.
I just wanted something to start building the credit again so in the future I could buy a house again.
This beats the heck out the other cards with fees.
Thanks for sharing!

[prettyobk]

I'm waiting on my card. I just got an email about my Reward Zone membership. I'm waiting to see what Capitol One says. They sent a letter to make sure I was the one who applied for the card that I got last week so we'll see.

[ecsclb1724]

DH and I were both approved for $0 annual fee and a $100 limit. I discharged in May and included 3 HSBC cards including a best buy card.

the cards will be cut in half as soon as they arrive and be used to buy a couple itunes songs a month

[mermaids614]

I got approved for $100, don't know about the annual fee yet. I guess I'll do what someone else posted on here, use it for the monthly gym bill of $30.00. Can't do anything else with it.LOL I am contemplating whether or not to activate this card. I was hoping for $300.00 at least. Will a card with such a low limit really help your credit scores? But thanks to the OP for the information.

[prettyobk]

I just got my card in the mail.