Credit Score: 670 Credit Limit: 2500 Age: 55-64

Approved 2 yrs after Bankruptcy

Income On Application: $92000

Posted 11/30 2020

I have had the Ollo Platinum card for a few years now. I applied two years after BK with a credit score of about 670 at the time. I had actually already had a Barclays Reward, Cap 1 Platinum and QS cards so not a big deal when I got the Ollo with a $2,500 limit. My dilemma is that I just got a pre-approval for the Ollo Rewards card and wondering if I should apply. I don't want another card if it only has a credit limit less than $5,000. If I thought they would give me $10k or more I would go for it. My combined credit score is 722 now. I would prefer an AMEX but with the BK and the lower credit score I am pretty sure I would be rejected and don't want the hard inquiry. If anyone has any insight as to how much Ollo will give I would be interested in hearing.

 

Credit Score: 653 Credit Limit: 0 Age: 35-44

Posted 04/29 2017

I got the mai but decided against it. My score is a 653 from EX and I assume I should get approved. But I was not willing to pay the annual fee. I have the old barclaycard rewards mastercard which is pretty much the same card. I also have a sears and macys card (both no annual fee) and a cap one quicksilver rewards (the version with the annual fee). So right now, I am quite hesitant to get another card with an annual fee. I also got the invite for a Ollo platinum which has no annual fee. Might consider that one.

 

Credit Score: 615 Credit Limit: 0 Age: 25-34

Posted 04/25 2017

I got the mail offer and here are the terms.

annual fee: $39 - not so good
APR: 24.9% - not good
foreign transaction fee - none - good
rewards; 2% on gas, supermarkets and drugstore - good.

while it looks ok, I don't understand why wouldn't you simply get the amex blue cash everyday with no annual fee and the same rewards?

I am not applying

 

Credit Score: 583 Credit Limit: 300 Age: 35-44

Posted 04/13 2017

Prior to this, I started my rebuilding process 2 years ago with 2 secured cards. I then graduated to FP and Credit One. I am now looking for a real credit card without ridiculous fees. Since I have already had the First Premier (about to be canceled) and Credit One, I figured that Ollo wouldn't be so bdad. I applied and got approved for $300, which is really small.