Reply
New Visitor
NataliaAnna
Posts: 7
Registered: ‎10-12-2012
0

Application for a new credit card

Hello everyone!

 

Last week I applied for a credit card and I was approved. I got it yesterday, now since I can't transfer balances (this card is from the same bank :smileysad:() I am thinking about applying for a Citi card (my current one are in Chase). So I am wondering if I will be approved for a new card, since I applied for my Chase just a week ago. How this activity will affect my credit and APR? Chase gave me their lowest APR.

 

I appreciate all suggestions.

 

 

Natalia

Mega Contributor
Creditaddict
Posts: 19,453
Registered: ‎10-23-2007
0

Re: Application for a new credit card


NataliaAnna wrote:

Hello everyone!

 

Last week I applied for a credit card and I was approved. I got it yesterday, now since I can't transfer balances (this card is from the same bank :smileysad:() I am thinking about applying for a Citi card (my current one are in Chase). So I am wondering if I will be approved for a new card, since I applied for my Chase just a week ago. How this activity will affect my credit and APR? Chase gave me their lowest APR.

 

I appreciate all suggestions.

 

 

Natalia


What did you get for limit?

Why can't you BT?

APR Can NOT change on Credit Cards once issued OUTSIDE of moving Prime rate unless you miss 2 payments or go over your CL 2.

Banks are no longer able to rate jack just because they want to like back when pre what 2009 credit law? was it 09'?

 

I mean depending on credit profile you might loose points for Inquiry or new account but you should be good for Citi.

 

you only have this one new chase card or? did they send you your credit score?

Fico Scores: EQ 657 Cabelas, TU 662 Walmart, EX 699 Wells (07-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 40 Cards in between :smileytongue:
Regular Contributor
somotao
Posts: 228
Registered: ‎08-13-2011
0

Re: Application for a new credit card

If your credit profile is decent (credit score and free of derogs) I dont see why you should not get the citi card, even though you recently applied for a chase card. 


Starting Score: 500s
Current Score: EQ: 693myFICO(9/7/12), TU: 710myFICO(9/2/12), EX Plus:701(lp,4/16/12)
Goal Score: 700

Wallet: Discover IT $2000, Capital One Platinum $12000, Barclays Rewards $4700, Walmart $2600, Amazon Store Card $1250.
Keep the Hearth of your Thoughts Pure, by so doing you will be Happy and bring Peace!
New Visitor
NataliaAnna
Posts: 7
Registered: ‎10-12-2012
0

Re: Application for a new credit card


Creditaddict wrote:

NataliaAnna wrote:

Hello everyone!

 

Last week I applied for a credit card and I was approved. I got it yesterday, now since I can't transfer balances (this card is from the same bank :smileysad:() I am thinking about applying for a Citi card (my current one are in Chase). So I am wondering if I will be approved for a new card, since I applied for my Chase just a week ago. How this activity will affect my credit and APR? Chase gave me their lowest APR.

 

I appreciate all suggestions.

 

 

Natalia


What did you get for limit?

Why can't you BT?

APR Can NOT change on Credit Cards once issued OUTSIDE of moving Prime rate unless you miss 2 payments or go over your CL 2.

Banks are no longer able to rate jack just because they want to like back when pre what 2009 credit law? was it 09'?

 

I mean depending on credit profile you might loose points for Inquiry or new account but you should be good for Citi.

 

you only have this one new chase card or? did they send you your credit score?


 

 

Before I applied for Chase Slate, I had two Chase cards:

1)Freedom with credit line $4800, used almost $4000

2)Freedom with credit line $ 1000, used $500

I applied for Slate, to transfer all balances to it (of course now I know that I can't transfer within the same bank). They gave me 6K credit line for 11.99% - lowest available rate.

 

so to transfer my balance to card with no APR I want to apply for Citi.

 

Oh, no credit score...

New Visitor
NataliaAnna
Posts: 7
Registered: ‎10-12-2012
0

Re: Application for a new credit card


somotao wrote:

If your credit profile is decent (credit score and free of derogs) I dont see why you should not get the citi card, even though you recently applied for a chase card. 


What is "derogs"?

Sorry I am new to this terminology...

Mega Contributor
Creditaddict
Posts: 19,453
Registered: ‎10-23-2007
0

Re: Application for a new credit card


NataliaAnna wrote:

Creditaddict wrote:

NataliaAnna wrote:

Hello everyone!

 

Last week I applied for a credit card and I was approved. I got it yesterday, now since I can't transfer balances (this card is from the same bank :smileysad:() I am thinking about applying for a Citi card (my current one are in Chase). So I am wondering if I will be approved for a new card, since I applied for my Chase just a week ago. How this activity will affect my credit and APR? Chase gave me their lowest APR.

 

I appreciate all suggestions.

 

 

Natalia


What did you get for limit?

Why can't you BT?

APR Can NOT change on Credit Cards once issued OUTSIDE of moving Prime rate unless you miss 2 payments or go over your CL 2.

Banks are no longer able to rate jack just because they want to like back when pre what 2009 credit law? was it 09'?

 

I mean depending on credit profile you might loose points for Inquiry or new account but you should be good for Citi.

 

you only have this one new chase card or? did they send you your credit score?


 

 

Before I applied for Chase Slate, I had two Chase cards:

1)Freedom with credit line $4800, used almost $4000

2)Freedom with credit line $ 1000, used $500

I applied for Slate, to transfer all balances to it (of course now I know that I can't transfer within the same bank). They gave me 6K credit line for 11.99% - lowest available rate.

 

so to transfer my balance to card with no APR I want to apply for Citi.

 

Oh, no credit score...


you had 2 chase cards basically maxed out and you got a 3rd with higher limit then first 2... Chase has lost their mind lately with some of the approvals I have been seeing!!!

I would for sure apply for citi or discover...

i don't get people having so many cards with 1 bank... edit... I don't get having so many cards with just one bank when you don't have ANY other cards iwth other banks... if you got cards all over and credit is good, then i can see the purpose if you are working rewards programs...

Fico Scores: EQ 657 Cabelas, TU 662 Walmart, EX 699 Wells (07-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 40 Cards in between :smileytongue:

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+