My succesful CR spree

Anonymous · ‎12-01-2016

I started with a score around 630 with a BOA credit card maxed at 1500, a capital one at 1500 maxed out, and a bestbuy 500 (citi) card, amazon synchrony 1800,.. average age 3,5 and oldest card (BOA) 5 years...

I paid off the capital one and BOA and my score shot up to 730+ ...

I applied for a CLI on my BOA card and got 6.5K approved (TU pull)
I applied for Chase Unlimited Freedom and got approved with 7 K (TU pull)
I applied for Citi Diamond Preffered and got approved with 4K (TU Pull)
I applied for a CLI with amazon and they put it at 2500 (no pull, or Experian)
I applied for a CLI with BestBuy, asked for 4k, and got it. (TU pull)
Lastly, I got ballsy and figured out that Chase should be pull Equifax based on the state/card etc combo I researched, so I applied for Chase Sapphire Preferred.. and got approved for 12K (Equifax pull)

Now I have 3 inquiries on TU, 1 on EQ and 3 (As far as I know) on Experian.

I'm pretty much done now, except I want a CLI on the capital one, which they upgraded from platinum to quicksilver.. but a payment was returned so they've been denying me. I've been paying off my balance and hope after one more payment I can try again. They just do soft pull.

I'm pretty happy about this.. I went from 6K credit overall to 37.5K... and the capital one might get me a bit higher, though I expect at most a doubling of my credit line there.

Anyone got any tips? My average age of credit is tanking due to 3 new cards.. so I'm looking to have my father in law add me as an authorized user. My wife has a similar situation and will repeat this process for her (more or less). Ah, and I'd like to thank you guys here as before I did this I learned a lot from reading this forum.

Anonymous · ‎12-01-2016

that is awesome! fico scores or fako?

Anonymous · ‎12-01-2016

I used free credit monitoring services (Amazon, BOA, CapitalOne, CreditOne (closed that one) ) and sites that give scores as well. BOA/Amazon allow Fico tracking. It was 732. My Experian (Through Creditone) was even 781. Not sure about now. I dropped on Transunion to 712 and something similar on Experian. I am waiting for the Chase Sapphie, which will really make util very low.

Anonymous · ‎12-01-2016

I can't believe low utilization helped you that much that's crazy. I have really high util right now and my scores stayed relatively the same so I'm guessing my scores were trying to improve but the utilization kept it down

Anonymous · ‎12-02-2016

Yep, the low util did miracles.

Capital One denied me again, though. I'm pretty miffed. I'll make another payment this month (full balance) and hopefully it'll get through. When I paid off my balance in October, BOA hadn't fully credited some cash I deposited, so the payment for Capital One bounced. And now all the CLIs letter say they are denying me because of a bounced payment... even though it was repeated 24H later and went through. Sigh.

surferchris · ‎12-02-2016

Congrats!

Current Cards:
AmEx Hilton Honors Surpass//AmEx Platinum Card//Ann Taylor Rewards Mastercard//Capital One Platinum Card//Credit One AmEx//Credit One Platinum VISA//Fingerhut//Navy More Rewards AmEx//TruWest Platinum VISA//Aspire VISA//Costco Anywhere VISA//Lowes Advantage//Apple Card
Loans:
1 Mortgage/////Navy FCU Auto Loan (2020 Jaguar I-Pace)//Capital One Auto (2016 BMW i3)
Next Cards (4th QTR 2022):
Navy Flagship Rewards VISA//Chase Sapphire Preferred
Stats:
Scores: 700's // Inq's: 1 for mortgage // Util: 1% // AoOA: 21 yrs

Anonymous · ‎12-02-2016

I called CapitalOne and tried to tell him the 1.5K limit is really silly and their reason for declining my CLI as well, but I couldn't convince them to do anything. They said I could wait as long as 6 months since the returned payment in September to apply for a CLI again.What happened with the declined payment, by the way, was that the balance showed more than enough to make 1.5K payment, but apparently the deposit/write was still "processing" (below in the transaction list) and so it bounced. For this frivolous reason I can't get a CLI at CapOne for 6 months. Sigh.

I got a bit frutrated and applied for CapOne Venture...I got approved with 5K. Hoped for a better limit and it was a bit stupid to do now. So now I'm at 42.5K and definitely done. Will now just make good payments and see about CLI's in 3-6 months.

ambivalent · ‎12-02-2016

That's amazing! Congratulations!!!

Aiming for 700 across FICO 8 and $150K TCL

Anonymous · ‎12-03-2016

I had Citi Diamond Preferred considered for an immediate CLI, got it. Went form 3900 to 7500. ( Correction: pulled Experian)

Anonymous · ‎12-08-2016

Anybody have any tips about what to do next? I am waiting for my scores to update and activate all cards I got (venture/sapphire)... I get that I should focus on gardening now. Any other tips?