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01-09-2016 08:18 PM
01-10-2016 12:49 AM
I wasn't saying 2 years with barclay. He opened 5 new accounts with other banks in the last 2 years. Going by his sig, many are in the later half of 2015. Barclay is new account sensitive.
And my experience says otherwise, but scores were really good upon approvals.
Anecdote: I've had 10 new cards (1 Barclay) plus 2-3 lines of credit and 2-3 personal loans and a car loan with refi show up in the last two years, and Barclays reversed denial on recon with me. Only 2 CC/2 LOC in the last six months, and fewer inquiries on TU. The analyst was pleased that I had no recent baddies, and had been paying down my debts--that seemed to outweigh the new lines and inquiries in the last month or two, and the analyst specifically said that was important to Barclays.
Obviously, your mileage will vary, and even your profile and history may get a different response from different analysts.
If your total usage isn't growing with your available credit, you're probably going to be better off, and (for some creditors) the new accounts won't be as scary. If you got $20k in recent credit and appear to have used $10k of it, I'd expect rocky roads in the recon seas. But as that old Far Side jellyfish outhouse comic said, "only they know for sure."
01-10-2016 08:27 AM
What are my chances on getting approved for another Barclay card..... Right now I have a Apple Visa from them... my TU fico is 692... the last card I opened showing on my report was in august... Do you think I can get approved for anoher card and which one if so?
Yes. I think your best shot would be a Barclay Rewards card, second best shot would be an NFL extra points card.
01-10-2016 12:36 PM
01-10-2016 02:02 PM
Thanks Everybody! I'm not sure if I will apply for the card or not... I might give it a few months n then apply but whatever I do I will keep you guys posted on the outcome... Thanks again!
01-10-2016 03:15 PM
01-10-2016 03:16 PM
I was approved for my 4th barclay card in november with way more than 5-10 new cards reporting. I hadnt opened a new barclay card in a year though. Tu was pretty strong, utilization low, inquiries 11ish, almost 3 year relationship with barclay cards.
03-19-2017 10:53 AM
Barclays can be very strange....I know they're inquiry sensitive for anything under 6 months and they hate new accounts under a year....I have friends with tons of new accounts and a lower Fico score than me and they got approved... and I have other friends who had just a few new account and had far higher fico score and they were denied...Barclays is all over the place in my opinion.
03-19-2017 12:02 PM
I have my own data points to share with you:
I was approved for the NFL Extra Points Visa in July '16. I applied for the JetBlue Plus in November '16, and was approved for a $4000 SL with TU 655. Since May '16, prior to apping for the JetBlue, I had opened 5 new credit card accounts: Credit One, Capital One, the NFL Extra Points, Discover, and Victoria's Secret. Just to throw another possible factor out there, I do have a Barclays savings account, so I suppose that could have some bearing on the approval.
Good luck if you decide to go for it!
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