05-08-2013 09:10 AM
I was curious as to the amount of time I should wait after paying off a balance in full with a lender before applying for another credit card with that same company.
For my example: Capital One Secure Credit Card, Balance $212.00 / Limit $301.00 / Paid off as of 5/6/13.
I want to apply for the Capital One Cash Rewards Card.
Thanks for the help. (First Time Poster
05-08-2013 09:20 AM
I would wait until atleast my credit reports were updated, and remember capital one will pull all 3, so when credit karma shows its paid off (from TU) your pretty safe knowing all 3 CRA have updated
05-08-2013 10:31 AM
The CRA's update that quickly? I was not aware. I know Credit Karma usually takes about 7-10 days after a payment for it to register with them. Should I wait longer, IE: 2 weeks or A month before applying for the new card? Thanks again for the input.
05-08-2013 12:12 PM
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