Credit Cards Center Credit cards from our partners
Reply
Established Contributor
Posts: 939
Registered: ‎07-24-2012
0

Re: Successful App Spree (7 approvals / 2 pending)

Wow - now that's a spree! I would never consider applying for more than 3-4 at a time.

 

A couple of questions:

 

1. Do you have a plan to make the minimum spend for bonuses? I see you have quite a few cards that will have considerable spend needed. Seems like a lot based on your rather low income (no offense meant, just saying I only go for 2-3 cards with spends and I make $90K + a year and have a business that can cover spending). If you don't make the spends you are not getting the bonuses and that's the main reason to get some of those cards in my opinion.

 

2. Merrill Lynch+ card - really? Why?

 

Thanks for the answers and congratulations again! You need a new wallet now. 

Established Member
Posts: 34
Registered: ‎02-18-2012
0

Re: Successful App Spree (7 approvals / 2 pending)

[ Edited ]

Wow, that's a lot of cards. Good job, you must be doing something right. 

 

Just out of curiosity, your stats show that you had 12 cards the night before the app spree, you applied for 9 more. Why would you want 21 credit cards? 

 

 

Contributor
Posts: 214
Registered: ‎03-25-2013
0

Re: Successful App Spree (7 approvals / 2 pending)

Congrats, nice limits! I too am wondering if you have a plan to spend enough to get the bonuses?







Amex BCE $14k (backdated to 1/11), Chase Freedom $500 (11/2012)
Discover It Student $3k (3/13), Citi Dividend Platinum Visa $3k (3/13)
Capital One Cash Rewards Visa $3.5k (3/13)
Starting Score 3/20/13 - TransUnion FICO 758 - Goal Score 800
Frequent Contributor
Posts: 310
Registered: ‎02-19-2013
0

Re: Successful App Spree (7 approvals / 2 pending)

[ Edited ]

To everyone curious how I'm going to meet the spending requirements for the CC bonuses on only a $35,000 income:

 

I'm going to have no problem at all, Smiley Very Happy. Also no offense taken to whoever said that, I would be thinking the same thing!

 

I live in Alaska, my whole family lives in a rural part of Alaska (North Slope), I moved to the biggest city in Alaska (Anchorage) for college two years ago. I visit them 2 - 3 times a month (parents or GF pay for my tickets). So I run errands (groceries, financial stuff, etc.) for them all the time. Basically I put it all on my credit card, they transfer the $$$ to my account for whatever they told me to buy, I pay off my credit card. A recent example: my dad wanted new rims & tires for his truck, ran his $3,000 purchase through my card, he paid me back, I paid off my CC.

 

I can actually already meet Chase's $3,000 spending requirement for the first three months. My GF needs to buy something I'm just waiting for my card to get here. So she's going have to wait 7-10 days, Smiley LOL.

 

 

   Total CL: $177,300
 Highest CL: $10,000
  Average CL: $6,300
 Total PLOC: $26,000
     AAoA: 3 yrs & 11 mos
         Utilization: 7%
Inq: 11 (EQ) | 10 (TU) | 9 (EX)
         Derogatories: 0
         
Contributor
Posts: 214
Registered: ‎03-25-2013
0

Re: Successful App Spree (7 approvals / 2 pending)

Awesome you'll be getting some nice rewards! And in a few years after these accounts have aged you'll be able to get new cards without your AAoA getting too badly affected so that's cool, I'm new to this forum, I've never heard of someone applying for so many cards at once haha. Congrats again







Amex BCE $14k (backdated to 1/11), Chase Freedom $500 (11/2012)
Discover It Student $3k (3/13), Citi Dividend Platinum Visa $3k (3/13)
Capital One Cash Rewards Visa $3.5k (3/13)
Starting Score 3/20/13 - TransUnion FICO 758 - Goal Score 800
Valued Member
Posts: 64
Registered: ‎11-01-2012
0

Re: Successful App Spree (7 approvals / 2 pending)

How is your oldest account 9+ yearz but your only 22? Wouldnt that mean u received your first card at 13?
On my way! $FG
Frequent Contributor
Posts: 310
Registered: ‎02-19-2013
0

Re: Successful App Spree (7 approvals / 2 pending)


if6was9 wrote:

Wow, that's a lot of cards. Good job, you must be doing something right. 

 

Just out of curiosity, your stats show that you had 12 cards the night before the app spree, you applied for 9 more. Why would you want 21 credit cards? 

 

 


A lot of it is mostly from when I started out. I'm going to be closing a lot of the pointless ones (Lowe's, JCPenny, ChevronTexaco, etc.) I'm for sure keeping Sam's Club (I'm an AU on it on my mom's account, 9+ years old account). Also keeping Kay Jeweler's as it's 4+ years old under my own name. After I receive all my new cards I'm going to look over my current cards & see which ones would have less of an impact on my AAoA then go on a closing spree. Lol.

   Total CL: $177,300
 Highest CL: $10,000
  Average CL: $6,300
 Total PLOC: $26,000
     AAoA: 3 yrs & 11 mos
         Utilization: 7%
Inq: 11 (EQ) | 10 (TU) | 9 (EX)
         Derogatories: 0
         
Frequent Contributor
Posts: 310
Registered: ‎02-19-2013
0

Re: Successful App Spree (7 approvals / 2 pending)


PSouz wrote:
Awesome you'll be getting some nice rewards! And in a few years after these accounts have aged you'll be able to get new cards without your AAoA getting too badly affected so that's cool, I'm new to this forum, I've never heard of someone applying for so many cards at once haha. Congrats again

Thanks man! Yeah, I'm relatively new on here too. Been lurking forever & didn't make an account until recently. I have never heard of an App spree until I discovered this board. Lol. But I can see the positives of it if your credit report/score allows it (Allows new accounts to age together, inquiries fall off at the same time in two years, etc.).

   Total CL: $177,300
 Highest CL: $10,000
  Average CL: $6,300
 Total PLOC: $26,000
     AAoA: 3 yrs & 11 mos
         Utilization: 7%
Inq: 11 (EQ) | 10 (TU) | 9 (EX)
         Derogatories: 0
         
Frequent Contributor
Posts: 310
Registered: ‎02-19-2013
0

Re: Successful App Spree (7 approvals / 2 pending)


coroc wrote:
How is your oldest account 9+ yearz but your only 22? Wouldnt that mean u received your first card at 13?

I'm an AU on my mom's Sam's Club CC which she opened in 2003.

   Total CL: $177,300
 Highest CL: $10,000
  Average CL: $6,300
 Total PLOC: $26,000
     AAoA: 3 yrs & 11 mos
         Utilization: 7%
Inq: 11 (EQ) | 10 (TU) | 9 (EX)
         Derogatories: 0
         
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

Re: Successful App Spree (7 approvals / 2 pending)

Congrats!!! My CDP took two months to get approved via recon! Good luck!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k

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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.