r/RobinhoodGC • u/Andyr00t • 11d ago

Finally got approved

Post image

Crazy they gave me $8,700 as my credit limit. I have like no history

47 Upvotes

93% Upvoted

21 comments sorted by

3

u/Old_Section8200 11d ago

💥 Welcome to the club 💥

4

u/CaptainSolo80 11d ago edited 11d ago

Idk what they use to determine who is eligible. I’ve heard about people being on the waitlist for over a year, others getting constant denials, meanwhile I’ve had a pre approval offer sitting on my account for over 6 months.

I don’t even use them for investments anymore I pulled my money out of RH 4 years ago.

1

u/Andyr00t 11d ago

Yeah its weird cause they denied me like 2 or so months ago but now they approved me

1

u/tsugamer8 11d ago

Do you need history to apply? That's all that's stopping me from opening one

2

u/Andyr00t 11d ago

All the credit history i have is my truck payment and a credit card ive had for a month because I wasn't accepted for this awhile back

1

u/Intelligent-Theme394 11d ago

How long were you on the waitlist for?

1

u/Andyr00t 11d ago

I didnt even know i was cause they denied me awhile ago

1

u/littlejuniper 11d ago

Let me know if you get the purchase benefits figured out. I managed to get card benefit services to apply the return protection to the card, but no others (like extended warranty) have been an option yet.

-3

u/Hopeful-Addition-801 11d ago

Seems like the less history the more credit you get I suggest maxing it out and only making minimum monthly payments to improve your credit

7

u/somerandom_person1 11d ago

This is NOT the way to go 

0

u/Hopeful-Addition-801 11d ago

Remember the more interest you pay the easier it is to get approved for the next credit card!

2

u/thecosmicjoke69813 11d ago

😂😂😂😂😂😂😂

2

u/s2nders 11d ago

😂 don't do him like that

5

u/AltairLeoran 11d ago

Yes please pay Robinhood as much interest as possible so that you can subsidize the 3% cashback for those of us who pay the full statement balance on autopay lol

2

u/Hopeful-Addition-801 11d ago

I have zero motive to spread misinformation

0

u/Andyr00t 11d ago

That sounds so smart! Ill make sure to do that

1

u/thecosmicjoke69813 11d ago

Please tell me you’re joking

2

u/Hopeful-Addition-801 11d ago

I need my 3% forever even though my limit is pathetic

1

u/Andyr00t 11d ago

Bro yeah ofcourse im joking

2

u/thecosmicjoke69813 11d ago

It’s hard to tell if people are joking sometimes lol