Bread Financial/Commenity pre-approval (2024)

Bread Financial/Commenity pre-approval (1)

MileHigh96

Frequent Contributor

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎05-08-202307:22 AM

‎05-08-202307:22 AM

Bread Financial/Commenity pre-approval

Some of their cards you can check to see if you are pre-approved wityh just a SP and what your starting limit will be while others you just have to bite the bullet and apply and see if you get approved and get a guaranteed HP with no guarantee of approval. My question is, if you check for a pre-approval on one of their cards and it comes out positive, does that mean you would be good across their whole family of cards, or would each card be different on an individual basis for each card? Anyone have any experience with this?

BK7 discharged - 06JUL2021
Loans:
Bread Financial/Commenity pre-approval (2)Bread Financial/Commenity pre-approval (3)
Revolving Accounts (in the order they were opened):
Bread Financial/Commenity pre-approval (4)Bread Financial/Commenity pre-approval (5)Bread Financial/Commenity pre-approval (6)Bread Financial/Commenity pre-approval (7)Bread Financial/Commenity pre-approval (8)Bread Financial/Commenity pre-approval (9)Bread Financial/Commenity pre-approval (10)Bread Financial/Commenity pre-approval (11)Bread Financial/Commenity pre-approval (12)Bread Financial/Commenity pre-approval (13)Bread Financial/Commenity pre-approval (14)Bread Financial/Commenity pre-approval (15)Bread Financial/Commenity pre-approval (16)Bread Financial/Commenity pre-approval (17)Bread Financial/Commenity pre-approval (18)Bread Financial/Commenity pre-approval (19)Bread Financial/Commenity pre-approval (20)Bread Financial/Commenity pre-approval (21)Bread Financial/Commenity pre-approval (22)Bread Financial/Commenity pre-approval (23)Bread Financial/Commenity pre-approval (24)
Closed accounts:
Bread Financial/Commenity pre-approval (25)

Labels:

Message 1 of 11

4Kudos

Reply

  • All forum topics
  • Previous Topic
  • Next Topic
  • «Previous
    • 1
    • 2
  • Next»

10 REPLIES 10

Bread Financial/Commenity pre-approval (26)

SUPERSQUID

Valued Contributor

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎05-08-202309:45 AM

‎05-08-202309:45 AM

Re: Bread Financial/Commenity pre-approval

I am not sure about the online preapproval but I got my Bread CB card thru a preapproval mailer about about a year ago.

{ BK7 DC 12/2019 } target 2100/ kohls Visa 7000/ discover IT cb 6500 / 2nd discover IT cb 6000/mercury 4100 / firestone 2800 /legacy 3000 /first savings bank cc 3000/ cap1 QS 5000/ cap 1 savor one 3100 /Bread rewards Amex 4k, Penfed PCR signature visa 10k/ penfed gold 7.5k NFCU >signature visa cash rewards 21700/bread cashback amex 8000

>/ nfcu platinum 15k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 40k
Total utilization around 20 pct depending on my current usage/needs
Ficos in the 680 - 690 range, the 9's slightly higher than the 8's
My vantage scores 708 - 711
TCL - about 110k
Retired since 2017

Message 2 of 11

3Kudos

Reply

Bread Financial/Commenity pre-approval (27)

M_Smart007

Legendary Contributor

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎05-08-202309:46 AM

‎05-08-202309:46 AM

Re: Bread Financial/Commenity pre-approval

@MileHigh96wrote:

Some of their cards you can check to see if you are pre-approved wityh just a SP and what your starting limit will be while others you just have to bite the bullet and apply and see if you get approved and get a guaranteed HP with no guarantee of approval. My question is, if you check for a pre-approval on one of their cards and it comes out positive, does that mean you would be good across their whole family of cards, or would each card be different on an individual basis for each card? Anyone have any experience with this?

@MileHigh96,

My guess is that you could get a ballpark figure with checking the pre-approved status,

I don't know a ton about Comenity, but my guess is, underwriting could possibly vary amongst their many CC offerings.

You will never know for sure, unless you actually apply.

All I can offer is my $0.02's above^^^ and DP's from my Comenity AAA Visa Approval [HERE]

Ireally did not think I would get anywhere near the SCL they gave me.

Most initial Approval's I had read were well under that $ amount.

Note: I have had No issues with the card working, payments, redemptions or the website.

Message 3 of 11

4Kudos

Reply

Bread Financial/Commenity pre-approval (28)

Bread Financial/Commenity pre-approval (29)Defender81

New Member

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎05-09-202311:00 AM

‎05-09-202311:00 AM

Re: Bread Financial/Commenity pre-approval

Comenity is much like Synchrony. IME, their products don't have the same approval odds across-the-board. I currently have six Comenity cards V/S, AAA Visa, Bread Cashback AMEX, Full Beaty, Toyota, & Comenity M/C. I have applied for others w/ a no-go, such as Chevron. That being said, I had a BK7 DC in 5/20 where I burned the heck out of both banks. Comenity let me back in at two years, Synchrony at 2.5 years, I'm thankful for what they've let me have.

Message 4 of 11

4Kudos

Reply

Bread Financial/Commenity pre-approval (30)

Guyatthebeach

Valued Contributor

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎05-09-202305:09 PM

‎05-09-202305:09 PM

Re: Bread Financial/Commenity pre-approval

MileHigh96,

I have a few cards with Comenity that were approved with SP's. The Toyota Visa, Sportsman's Guide Visa, Kay Jewlers card, and Good Sam's Visa were all SP's. I've gotten CLI's usually every 6 months with SP's too.

I really can't say about a bad thing about Comenity. I do remember the issues they had when they had system issues.

Guyatthebeach

Message 5 of 11

4Kudos

Reply

Bread Financial/Commenity pre-approval (31)

Godsdaughter

Member

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎04-14-202411:11 AM

‎04-14-202411:11 AM

Re: Bread Financial/Commenity pre-approval

@MileHigh96wrote:

Some of their cards you can check to see if you are pre-approved wityh just a SP and what your starting limit will be while others you just have to bite the bullet and apply and see if you get approved and get a guaranteed HP with no guarantee of approval.

Can you (or anyone else) please share what specific cards this applies to? Thank You

REBUILD TRADE LINES (as of April 2024)
|AU Discover it CC:- $25,700 [TU only]
|National Credit Direct:- $5000 (SL $500 Feb 2017) [EX only]
|Stellarfi:- $525 (SL $500 Jan 2024) [All 3 bureaus]
|Brigit Credit Builder Loan:- down to $500 (from $600 originated Dec 2023 ) [All 3 bureaus]
|Kikoff Credit Builder CC:- No CL reported [All 3 bureaus]
|CreditOne Amex:- SL $300 (April 2024) [All 3 bureaus]
|Extra Debit Card $300 (SL $100 Mar 2024) [EX and EQ only]

Total Exposure:- TU EX EQ
Total True Exposure:- TU EX EQ
Fico Scores:-

PHASE 2 GOAL CARDS

PHASE 3 GOAL CARDS

Message 6 of 11

1Kudo

Reply

Bread Financial/Commenity pre-approval (32)

Godsdaughter

Member

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎04-14-202411:32 AM

‎04-14-202411:32 AM

Re: Bread Financial/Commenity pre-approval

@Guyatthebeachwrote

I have a few cards with Comenity that were approved with SP's. The Toyota Visa, Sportsman's Guide Visa, Kay Jewlers card, and Good Sam's Visa were all SP's. I've gotten CLI's usually every 6 months with SP's too.

Guyatthebeach

If you don't mind me asking:- so there were no hard pulls for these cards at all?? Were they SCT (shopping cart trick)?

REBUILD TRADE LINES (as of April 2024)
|AU Discover it CC:- $25,700 [TU only]
|National Credit Direct:- $5000 (SL $500 Feb 2017) [EX only]
|Stellarfi:- $525 (SL $500 Jan 2024) [All 3 bureaus]
|Brigit Credit Builder Loan:- down to $500 (from $600 originated Dec 2023 ) [All 3 bureaus]
|Kikoff Credit Builder CC:- No CL reported [All 3 bureaus]
|CreditOne Amex:- SL $300 (April 2024) [All 3 bureaus]
|Extra Debit Card $300 (SL $100 Mar 2024) [EX and EQ only]

Total Exposure:- TU EX EQ
Total True Exposure:- TU EX EQ
Fico Scores:-

PHASE 2 GOAL CARDS

PHASE 3 GOAL CARDS

Message 7 of 11

2Kudos

Reply

Bread Financial/Commenity pre-approval (33)

CorpCrMgr1

Valued Contributor

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎04-14-202411:51 AM

‎04-14-202411:51 AM

Re: Bread Financial/Commenity pre-approval

Back when the SCT often worked, I was a Comenity SP junkie. Approved for a number of cards (Fuel Rewards, Sportsman Guide, Buckle, Express, Overstock, NFL and A&F) all approved within a couple of weeks or so. Except for those that became defunct, I still have them all. Though I tried for a couple of more, they were HP. I declined; J, Crew was one.

Message 8 of 11

1Kudo

Reply

Bread Financial/Commenity pre-approval (34)

Guyatthebeach

Valued Contributor

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎04-14-202412:12 PM

‎04-14-202412:12 PM

Re: Bread Financial/Commenity pre-approval

@Godsdaughter,

The Toyota Visa was a SP from a link on the Toyota Financial website! It started at a $2000 Visa and it's now a Signature Visa with a $14,000 limit. All the CLI's were all SP's. The other cards were SP's using the shopping cart trick.

There is a thread on myfico's forum that lists the links for several cards with SP's.

Guyatthebeach

Message 9 of 11

1Kudo

Reply

Bread Financial/Commenity pre-approval (35)

Godsdaughter

Member

  • Mark as New
  • Bookmark
  • Subscribe
  • Mute
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

‎04-14-202401:47 PM

‎04-14-202401:47 PM

Re: Bread Financial/Commenity pre-approval

@CorpCrMgr1wrote:

Back when the SCT often worked, I was a Comenity SP junkie. Approved for a number of cards (Fuel Rewards, Sportsman Guide, Buckle, Express, Overstock, NFL and A&F) all approved within a couple of weeks or so. Except for those that became defunct, I still have them all. Though I tried for a couple of more, they were HP. I declined; J, Crew was one.

Thanks for your response!

REBUILD TRADE LINES (as of April 2024)
|AU Discover it CC:- $25,700 [TU only]
|National Credit Direct:- $5000 (SL $500 Feb 2017) [EX only]
|Stellarfi:- $525 (SL $500 Jan 2024) [All 3 bureaus]
|Brigit Credit Builder Loan:- down to $500 (from $600 originated Dec 2023 ) [All 3 bureaus]
|Kikoff Credit Builder CC:- No CL reported [All 3 bureaus]
|CreditOne Amex:- SL $300 (April 2024) [All 3 bureaus]
|Extra Debit Card $300 (SL $100 Mar 2024) [EX and EQ only]

Total Exposure:- TU EX EQ
Total True Exposure:- TU EX EQ
Fico Scores:-

PHASE 2 GOAL CARDS

PHASE 3 GOAL CARDS

Message 10 of 11

0Kudos

Reply

Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.

Bread Financial/Commenity pre-approval (2024)

FAQs

Does Comenity Bank have a pre-approval? ›

You can get pre-approved for a Comenity Bank credit card by receiving a pre-approved offer via mail or e-mail. Comenity Bank does not have an online tool that interested consumers can use to check their pre-approval status.

What credit score do you need for a bread loan? ›

There is no hard credit check during the application process and accepting the terms of a Bread Loan. After taking out a Bread Loan, we may report repayment information about your account to the consumer reporting agencies, which may affect your credit score.

What credit score is needed for a Comenity credit card? ›

The Comenity Bank credit cards that are easy to get are the ones that require fair credit for approval. That means you'll need a score of about 640 or higher. And since the average person's credit score is about 40 points above that, these cards are well within reach for most of us.

Does bread pay do a hard inquiry? ›

Checking your eligibility and applying for a Bread Pay™ Installment Loan won't affect your credit score as only a soft inquiry is completed.

What is the easiest Comenity card to get? ›

Easiest Comenity Credit Cards To Get Approved For

The easiest Comenity Cards to get are the ones you can use the shopping cart trick on as they are not checking your credit. Out of the cards Comenity offer that this trick works on, most people find Victoria's Secret & Overstock the easiest to get the pop up on.

Is it hard to get a credit card with Comenity Bank? ›

While Comenity Bank isn't a household name like some other credit card companies, they have more than 50 million cardholders. Cards issued by Comenity Bank are generally easy to get approved for even if your credit score is lower than average.

Is Bread Financial same as comenity? ›

Comenity is now Bread Financial.

What bank does bread financing use? ›

Bread® pay-over-time plans are loans made by Comenity Capital Bank.

Is Bread Financial legit? ›

Yes, your accounts at Bread Savings are FDIC-insured through Comenity Capital Bank, which is part of Bread Financial—the parent company of Bread Savings.

Is Comenity Bank owned by Capital One? ›

No, Comenity Bank is not owned by Capital One, it is a Bread Financial company that mostly issues store credit cards. Capital One, on the other hand, is one of the biggest banks in the U.S., offering a range of financial products and services, including credit cards, auto loans, and savings accounts.

Does Comenity Bank do hard pulls? ›

Yes, Comenity Bank does a hard inquiry on your credit report whenever you apply for one of its credit cards.

Who does Comenity Bank pull from? ›

Comenity Bank uses all three major credit card bureaus (TransUnion, Experian, Equifax) for credit card approval. So, if any of your credit reports are frozen, you should unfreeze them before submitting an application for one of Comenity's credit cards.

Is Bread Financial in trouble? ›

Bread Financial's threat of distress is less than 5% at the present time. It is unlikely to undergo any financial straits in the next 24 months.

Does Bread Financial do a hard pull? ›

Checking your rate does not affect your credit score as only a soft pull is completed to check your eligibility. If you choose to finance your purchase with Bread after your pre-approval, Bread will not perform a hard inquiry with any of the three major credit reporting agencies.

Can I pay off bread financing early? ›

There is never a penalty for paying early. Also, if you prepay more than the monthly payment but less than the total balance due on your loan, your monthly payment will remain the same. However, you will pay off your loan sooner and because of that you will pay less in total interest.

Is Comenity Bank owned by Chase? ›

This card issuer, a subsidiary of Bread Financial Holdings, has long been known for offering dozens of store credit cards from popular retailers like Big Lots, IKEA and Ulta Beauty. If you're curious about the cards Comenity Bank offers, read on to learn more.

Does synchrony bank have pre-approval? ›

Synchrony Bank also pre-screens customers by using data compiled from three major credit bureaus: TransUnion, Equifax, and Experian. Plus, it mails prepaid offers to consumers who have at least fair credit (a credit score between 640-699). To receive a credit card after being pre-approved, you still need to apply.

Does Comenity Bank do hard pulls for credit increase? ›

Requests for credit limit increases may result in a hard inquiry on your credit report, which can temporarily lower your credit score. Comenity occasionally reviews credit card accounts to see whether they can automatically increase credit limits for select cardholders, based on creditworthiness.

References

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Barbera Armstrong

Last Updated:

Views: 5943

Rating: 4.9 / 5 (79 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Barbera Armstrong

Birthday: 1992-09-12

Address: Suite 993 99852 Daugherty Causeway, Ritchiehaven, VT 49630

Phone: +5026838435397

Job: National Engineer

Hobby: Listening to music, Board games, Photography, Ice skating, LARPing, Kite flying, Rugby

Introduction: My name is Barbera Armstrong, I am a lovely, delightful, cooperative, funny, enchanting, vivacious, tender person who loves writing and wants to share my knowledge and understanding with you.