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Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

Member

Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

Approved for a 0% APR (15 months) $7500 AMEX with a  $250 statement credit for $1000, however I'm interested in the $400/$1000 NFL Barclay Promo. I'll use the $650 for a 2012 Roth contribution. Will it be a bad idea to apply for the Barclays a day after getting the AMEX?

Message 1 of 12
11 REPLIES
Frequent Contributor

Re: Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

I wouldn't think so, but it could depend on how many inquires you have. I have heard that Barclays is extremely Inquiry sensitive so you might want to wait, this is from my limited expirence and based on what I have read on this and other forums. 

Bank of America: Cash Rewards.- 4.2k. 4/25/12 (CLI Increase 6/15/13, CLI May of 2015, sept 2015), Citi: Forward- 4.5k. 10/27/12 (CLI on 2/8/14, SP, CLI on 9/26/15 sp). Discover: More- 7k, 10/27/12 (Increase 6/1/14, CLI in May of 2015, SP 9/2015) Amex: PRG- NPSL (closed 12/13/13). 11/24/12. Chase: Freedom. 5/1/13- 5k (EX CLI HP 9/2015) Southwest Rapid Rewards Plus.-3.6k. 6/15/13. Amex BCE-2k. 12/7/13. Amex SPG-5k 12/8/13 (CLI on 9/2015) Capital one VentureOne Visa Signature-10k (9/6/15). Citi AAdvantage Platinum Select World MasterCard-4K. Last App: 9/6/15. Total cl: 45,300
Message 2 of 12
Member

Re: Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

The only other inquiry is from the AMEX. Otherwise, my two other credit cards are from six years ago, and the two car loans I've paid off in full early are over 3 years.

Message 3 of 12
Established Contributor

Re: Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

am not sure how inquiry sensitive they are but I applied yesterday for this card and approved me with only $600 CL..... i closed the account since the limit was too low for me... i have total of 11 inquiries on TU, 7 this year, 4 the last 5 months (2 (including barclay) the past week)....


Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K
Message 4 of 12
Established Contributor

Re: Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

Congrats on amex and I say go for barclays

Message 5 of 12
Valued Contributor

Re: Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

If you don't mind the inquiry, I say go for it. You have $400 to gain and only 1 inquiry on one of your reports to lose. So in my estimation it's worth the risk.

In My Wallet: Amex BCP (12/12) $50,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Prestige (4/16) $30,000

Last App: June 27, 2015
Message 6 of 12
Member

Re: Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

Just applied. $7,000 CL. This seems too easy.... $7,500 AMEX and this card $7,000? I'm definetly done applying for years, however I'll take these two recent additions as a good sign of my previous and prospective financial lifestyle. An extra $650 sounds good for my ROTH! Smiley Happy

 

 

Message 7 of 12
Established Contributor

Re: Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

WOW Congrats!!! Very nice haha unbelievable. 

Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Message 8 of 12
Member

Re: Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

How is this unbelievable? I don't mean that in a pretentious/arrogant fashion, I sincerely know very little about credit avaliability in this economic climate, thus I do not fully appreciate your underlying premise. 

 

Thanks.

 

 

Message 9 of 12
Valued Contributor

Re: Approved AMEX BCE, Want Barclays $400/$1000, Bad Idea to Apply?

Congrats on both approvals! That's great.

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 832 EX 783 TU 816
App free since 9/15/15
Message 10 of 12