04-25-2014 02:35 PM
I couldn't bring myself to try for the Arrival, even though the pre-approval link gave me the congratulations message for it. I just don't think I would have been approved, all of my research indicated it required excellent credit. Anyway, I DID apply for the Barclay Rewards card - and was instantly approved! $1300 limit.
You guys, this is the first cc I have had on my own in something like....over a decade! When I was young I really screwed up my credit. I've been an AU on the DH's card since we got married, but that's it! It was kind of an empowering moment to see that approval come through. Anyway, um question is - what now?? Should I apply for something else while the HP is fresh? People seem to do this in groups, and I know 1 cc is not enough for a solid portfolio. And if I do apply for something else, what should it be? I don't want to put a bunch of HP on my CRs if I can help it, so I want to be really careful and considered about how I proceed. So, what next? Help a girl out!
04-25-2014 02:45 PM
04-25-2014 02:54 PM
Grats on your new Barclays card
04-25-2014 02:57 PM
Congrats! You could give the Discover IT a shot or wait 6 months and try then after showing some history.
04-25-2014 03:06 PM
04-25-2014 03:30 PM
Thank you everyone! And based on advice I received in a previous thread, I also went ahead and had the DH apply for the same card (his own, instead of adding him as an AU to mine), and he was just approved for a $1500 CL. So now we will each have access to our TU CR each month, which was the real draw for me with this card. I am super excited.
I have heard of people reconning right after approval for higher CL immediately...is it worth it to try this? What do they typically look for?
Our goal is to get into an AMEX Skymiles card as soon as possible. (We would actually use the miles, husband flies Delta exclusively for an international business trip every year). We aren't there yet, but I feel like this is a solid step down the road to get there.
04-25-2014 03:40 PM
Congrats to both of you!
04-25-2014 03:54 PM
Ha ha! Okay. So, the husband already has a Chase card, on which I am an AU. (Rewards card from 2005). It's the card we JUST paid the balance down on, from 90% utilization down to less than 20%. But I looked at the cards people typically recommend alongside the Barclays, because I want at least 2 cc of my very own to garden with. Between the Discover IT and the Chase Freedom, I liked the Freedom best, so I checked their pre-qualification, and it did give me the pre-approved message. (To my surprise). I waffled, but went ahead and pulled the trigger. APPROVED! But the CL is only a measly $500. No problem. I can grow that, and it's still a lot better than a declined, right? What would you all recommend to make that CL grow quickest? And should I stop now that I have two cards? The plan is to garden for a year, and then apply for the AMEX card next May.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.