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nishant1
Posts: 108
Registered: ‎12-23-2012
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Approved for 8 credit cards in 30 days

I got approved for 8 credit cards in last 30 days.

 

PenFed Highest credit line-  Multiples of tens of thousands while Two stores cards- Kohls and Target are the lowest credit line- Just a little over 1K. Visa - 5, Master card- 1, Average credit line of all 8 cards is $8500. No annual fee credit card in these 6.

 

Worth mentioning addition is 2% cashback Priceline visa which will be used only for Walmart for items which are not available from ShopDiscover.

 

This makes my total number cards to 28.

 

I will stop for a year before thinking of a new one and may cancel some like Citi Dividend, Chase Amazon etc.

Valued Contributor
bs6054
Posts: 1,673
Registered: ‎11-11-2012
0

Re: Approved for 8 credit cards in 30 days


nishant1 wrote:

I got approved for 8 credit cards in last 30 days.

 

PenFed Highest credit line-  Multiples of tens of thousands while Two stores cards- Kohls and Target are the lowest credit line- Just a little over 1K. Visa - 5, Master card- 1, Average credit line of all 8 cards is $8500. No annual fee credit card in these 6.

 

Worth mentioning addition is 2% cashback Priceline visa which will be used only for Walmart for items which are not available from ShopDiscover.

 

This makes my total number cards to 28.

 

I will stop for a year before thinking of a new one and may cancel some like Citi Dividend, Chase Amazon etc.


That's a lot of cards!  So you were already a PenFed member?  I thought highest CL for new members was $20K.

 

Why Priceline only at Walmart?  Aren't there other places where no other card offers more than 2%? 

Established Contributor
adavis425
Posts: 522
Registered: ‎02-14-2012
0

Re: Approved for 8 credit cards in 30 days


nishant1 wrote:

I got approved for 8 credit cards in last 30 days.

 

PenFed Highest credit line-  Multiples of tens of thousands while Two stores cards- Kohls and Target are the lowest credit line- Just a little over 1K. Visa - 5, Master card- 1, Average credit line of all 8 cards is $8500. No annual fee credit card in these 6.

 

Worth mentioning addition is 2% cashback Priceline visa which will be used only for Walmart for items which are not available from ShopDiscover.

 

This makes my total number cards to 28.

 

I will stop for a year before thinking of a new one and may cancel some like Citi Dividend, Chase Amazon etc.


Why? :smileyindifferent: Not judging, just want to know...why?

AmEx Platinum | AmEx BCP | AmEx Delta Gold | CSP | Chase Freedom | NFCU cashRewards Visa Sig | NFCU Plat MC | WM MC | Discover it | JCP


Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012
0

Re: Approved for 8 credit cards in 30 days

[ Edited ]

adavis425 wrote:

nishant1 wrote:

 

This makes my total number cards to 28.

 

I will stop for a year before thinking of a new one and may cancel some like Citi Dividend, Chase Amazon etc.


Why? :smileyindifferent: Not judging, just want to know...why?


hahhahahhaaa

OP: i think you need to focus to get some cards with higher limit rather than get mutiple cards with toy limit and cancel them later in a short time period......just my 0.2 cent.....


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

New Contributor
nishant1
Posts: 108
Registered: ‎12-23-2012
0

Re: Approved for 8 credit cards in 30 days

In hindsight, I think I could have avoided few cards because what I thought was not what I wanted. Did not want to cancel right away

 

For example, Blue cash everyday was attractive initially but now with many reward cards individual categories better than each of BCE, I stopped using it

 

Costco Amex - Same is the case. With nearby Sams club, I prefer to go there and do not breakeven annual membership.

 

Most recent batch Kohls card I took to get 20 % promotional discount in December holiday when we purchased $950 clothes for family. I may not have much use for this card because I never carry any balance on any of the cards.

Established Member
financekid
Posts: 15
Registered: ‎12-24-2012
0

Re: Approved for 8 credit cards in 30 days


nishant1 wrote:

I got approved for 8 credit cards in last 30 days.

 

PenFed Highest credit line-  Multiples of tens of thousands while Two stores cards- Kohls and Target are the lowest credit line- Just a little over 1K. Visa - 5, Master card- 1, Average credit line of all 8 cards is $8500. No annual fee credit card in these 6.

 

Worth mentioning addition is 2% cashback Priceline visa which will be used only for Walmart for items which are not available from ShopDiscover.

 

This makes my total number cards to 28.

 

I will stop for a year before thinking of a new one and may cancel some like Citi Dividend, Chase Amazon etc.

 


Congrats.... but OMG how do you keep track of due dates and billpay.

 

Starting Score: FAKOS EQ 627 TU 687 EX 627 CK 713 (12/12)
Current Scores: FICOs EQ 698 TU 708 (7/13)
Goal Scores : 720+ across the board..........no apps till Jan 2014

In wallet:CAP1 (Closed)/BOA CASH (5k)/DISCOVER (5.5k)/CHASE FREEDOM (3k)/BARCLAYS (3.3k)/AMEX BCE(1k)
Future wallet: Citi,
New Contributor
nishant1
Posts: 108
Registered: ‎12-23-2012
0

Re: Approved for 8 credit cards in 30 days

I track my all bank and card accounts using Yodlee moneycenter aggregation free software.

Twice a day for about 10 minutes each.

Never missed one bill payment in many years

Valued Contributor
chnceit
Posts: 1,524
Registered: ‎08-17-2008
0

Re: Approved for 8 credit cards in 30 days


nishant1 wrote:

I got approved for 8 credit cards in last 30 days.

 

PenFed Highest credit line-  Multiples of tens of thousands while Two stores cards- Kohls and Target are the lowest credit line- Just a little over 1K. Visa - 5, Master card- 1, Average credit line of all 8 cards is $8500. No annual fee credit card in these 6.

 

Worth mentioning addition is 2% cashback Priceline visa which will be used only for Walmart for items which are not available from ShopDiscover.

 

This makes my total number cards to 28.

 

I will stop for a year before thinking of a new one and may cancel some like Citi Dividend, Chase Amazon etc.


Congrats on your additions, but 28 thats a little much right?

 

I agree with Nicholas you should grow your cards to get higher limits instead it being spread a part 


$100K in Credit
Last Credit Card App: 11/16/13
Moderator
Revelate
Posts: 9,486
Registered: ‎12-30-2011
0

Re: Approved for 8 credit cards in 30 days


nicholasyud wrote:

adavis425 wrote:

nishant1 wrote:

 

This makes my total number cards to 28.

 

I will stop for a year before thinking of a new one and may cancel some like Citi Dividend, Chase Amazon etc.


Why? :smileyindifferent: Not judging, just want to know...why?


hahhahahhaaa

OP: i think you need to focus to get some cards with higher limit rather than get mutiple cards with toy limit and cancel them later in a short time period......just my 0.2 cent.....


Would suggest reading the entire post and then checking your own signature line before throwing stones :smileyhappy: 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


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OptimasPrime
Posts: 348
Registered: ‎08-17-2012
0

Re: Approved for 8 credit cards in 30 days

[ Edited ]

chnceit wrote:

nishant1 wrote:

I got approved for 8 credit cards in last 30 days.

 

PenFed Highest credit line-  Multiples of tens of thousands while Two stores cards- Kohls and Target are the lowest credit line- Just a little over 1K. Visa - 5, Master card- 1, Average credit line of all 8 cards is $8500. No annual fee credit card in these 6.

 

Worth mentioning addition is 2% cashback Priceline visa which will be used only for Walmart for items which are not available from ShopDiscover.

 

This makes my total number cards to 28.

 

I will stop for a year before thinking of a new one and may cancel some like Citi Dividend, Chase Amazon etc.


Congrats on your additions, but 28 thats a little much right?

 

I agree with Nicholas you should grow your cards to get higher limits instead it being spread a part 

I hardly think a mean of 8.5k across 8 credit lines, including multiple store cards which are notorious for low starting cls, should be categorized as toy limits. 

 

EQ 778 | TU 776
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