What to apply for next?

Anonymous · ‎05-22-2017

Looking for some input on what card to apply for next based on the below data points.

Fico as of 5/16
EX 598
TU 595
EQ 628

Current cards
Capital One unsecured Platinum MC $300 (opened April 2017)
Walmart store card $200 (opened 5/20/2017)

I'm looking to add one more CC to have 3 open CCs reporting. I'd prefer to get something that's not a store card. Based on my scores, what cards might I have a chance at? Secured cards and SCT are last resort if my scores aren't high enough to get something unsecured from Discover, Amex, etc. Thanks!

Anonymous · ‎05-22-2017

What does the Discover prequal page offer you in APR?

Anonymous · ‎05-22-2017

11.74 - 23.74. I wonder if their SP is still pulling my old scores? My scores have increased quite a bit since March.

Anonymous · ‎05-22-2017

For example, i apped Discover secured card in March. They pulled EQ and I was denied. My EQ at the time was 530. Now it's a 628.

Anonymous · ‎05-22-2017

Definitely not a preapproval with that wide range.

Your scores are still very low for nonsecured cards. I have similar scores myself and just did secured cards to get my aging started.

Anonymous · ‎05-22-2017

Hopefully secured or SCT aren't my only options, but I'd really like to get that third open CC reporting.

Anonymous · ‎05-22-2017

I personally have no issue with secured cards during rebuilding. Why does it concern you?

Anonymous · ‎05-22-2017

It's preference rather than concern. Being approved for two unsecured cards in the last couple of months changed my preferences since I thought I had no chance at unsecured cards previously. Im not saying im not open to a secured card.

ohnomyfigo · ‎05-22-2017

With scores that low I'd sit on the sidelines for a few months. You'll be surprised how much your scores will rise in just a few months. The only cards you'll be able to get now that unsecure are the Discover and BOFA (99/500) secured cards.

Anonymous · ‎05-22-2017

Thanks for the input! If I'm below the threshold for another unsecured card, i may just use the two I have (keep utilization below 9%) and pif for a few months and then evaluate scores.