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New Member
jg27
Posts: 6
Registered: ‎02-27-2013
0

6 out of 8

So my score shot up to a 760 average from all three early last week. I tried to call my high rate cards for a rate decrease and asked about BT promos, but was denied. I remember reading about app sprees, but didn't think about it until after I applied for two cards on Thursday.  I applied for a  Chase Slate and a Cit Simplicity and was instantly approved. Saturday morning I decided to try my luck with Barclay Rewards, AMX BCE, Discover IT, Chase Freedom, Cit Dividends, and a Capital One Rewards. All were approved except the Cit Dividends and the Capital One Rewards. I only wish I would have applied for all 8 on the same day.  Overall I'm happy, but wish I would have done it the correct way. I've received a much lower rate than my other cards and some great promo offers. My Discover It card arrived today. I can't wait for the other cards to get here. I'm moving next week and need to do some house shopping.

 

 

Regular Contributor
Goal850
Posts: 127
Registered: ‎07-09-2012
0

Re: 6 out of 8

Congrats, great approvals.

Valued Contributor
Epcot
Posts: 2,789
Registered: ‎10-10-2012
0

Re: 6 out of 8

Welcome to the forums and congrats on your approvals! Garden and let those cards and inquiries age. Are you going to be looking at purchasing a home or renting?

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
New Member
jg27
Posts: 6
Registered: ‎02-27-2013
0

Re: 6 out of 8

I meant I need to do some shopping for the house. My brother just bought a new house. I'm moving in with him.

 

I have 2 high APR cards with Citi at 29.99%.  They allowed me to open up the Simplicity card at 0% BT for 18 months and at 12.99% after. The catch was I had to transfer up to 54% of my credit from either of the 2 higher APR cards. One was at 8k and the other at 14k. I felt like struck gold. I was thinking of trying to close out one of the cards and  asking them to transfer the remaining credit line to the new card. I was thinking of doing the same with my Amazon Chase card at 17.99, since I got the Freedom and Slate at a much better rate. Is that possible at this time or should I wait  before asking. I don't want to rock the boat so soon after getting 8 inquiries in the last week.

 

 

 

Established Contributor
SamsungHDTV
Posts: 566
Registered: ‎10-25-2011
0

Re: 6 out of 8

I'd say tab transfer the cl but leave the cards open for the length of time on history
I'm a personal banker and do a lot of auto loans serving the Houston area.
I suggest first time car buyers to read the sticky guide in the auto loan section.
I try to check these forums often, but if I missed your post, please feel free to message me with a link to it.
Valued Contributor
SnackTrader
Posts: 1,567
Registered: ‎09-15-2012
0

Re: 6 out of 8

Please work hard on paying down your debt and not accumulating more with your new cards. When your promotional periods end your interest rates will be no different than beforehand. This buys you time, but doesn't mean you have escaped interest charges.

In My Wallet: Amex BCP (12/12) $22.200, Cap1 Quicksilver (6/12) $14,000, Chase CSP (4/14) $12,000, Barclaycard Rewards (5/13) $10,500, Citi Forward (12/12) $9,600, Chase Freedom (12/12) $5,000

Last App: April 2, 2014
New Member
jg27
Posts: 6
Registered: ‎02-27-2013
0

Re: 6 out of 8

I got my utilitzation down to 11% as of this month. My main goal was to get my creditors to lower my APR due to my higher credit score. The three high APR ones said no. I went ahead and applied for new cards with lower rates. I haven't been using my cards for purchases, but will do a balance transfer. I'm gonna let them sit for a while and garden for a bit.


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