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watchnerd
Posts: 527
Registered: ‎11-29-2007
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Re: Best CCC for High-ish Credit Lines



psychic wrote:

watchnerd--

 

You've got to be careful that when you do apply for a high credit line card, that you're not going to end up with a World/Signature no pre-set spending limit card that does not report a credit line.  It seems that anymore, the high credit limit cards are the no pre-set spending limit cards.   However, if you aren't concerned about utilization, then this won't be a problem. 

 

 


Message Edited by psychic on 04-12-2008 10:53 AM




It's a good point, and particularly relevant for me, as I already have a Visa Signature, an Amex (also no reported limit), and a World MC.
4/25: TU 793, EQ 791, EX ?
Goal: 800s by 12/09
Established Contributor
watchnerd
Posts: 527
Registered: ‎11-29-2007
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Re: Best CCC for High-ish Credit Lines

[ Edited ]

cobra19 wrote:
The Chase product line is extensive. I have a Freedom Plus (35k) and a Platinum MC (40k). These 2 cards are my 2nd and 3rd oldest cards. Citi is also prime with great lines available.
 
Might also want to check out some of the CU's. NFCU gave me a 48k (they offered 50k, but I was afraid it might show as an installment) Platinum MC a few months ago.  





BTW, which CRA does Chase typically pull?

Message Edited by watchnerd on 04-12-2008 12:00 PM
4/25: TU 793, EQ 791, EX ?
Goal: 800s by 12/09
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haulingthescoreup
Posts: 28,115
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Re: Best CCC for High-ish Credit Lines

I expected them to pull TU, but they pulled EQ for the Borders 3-2-1 Visa in Tennessee.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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MidnightVoice
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Re: Best CCC for High-ish Credit Lines

For me (Iowa) Chase pulls EQ first.  TU is their second choice
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Established Contributor
watchnerd
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Registered: ‎11-29-2007
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Re: Best CCC for High-ish Credit Lines

Anyone know what they pull in California?
4/25: TU 793, EQ 791, EX ?
Goal: 800s by 12/09
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imducky
Posts: 3,432
Registered: ‎08-27-2007
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Re: Best CCC for High-ish Credit Lines



haulingthescoreup wrote:

watchnerd wrote:

haulingthescoreup wrote:
Trying to remember, don't you have one or two non-BofA cards?

I think it would take a little history with a CCC for those kinds of credit lines, although maybe one of the big CU's would do it, like JFCU (Justice FCU.) Seems like they throw a fair amount of money around.
I would assume, because I'm not an employee of the Department of Justice, that I'm ineligible for a JFCU account?

JFCU is one of the many credit unions that you can join by first joining a separate organization, which is how just about all the members here have done it:

http://www.jfcu.org/join_howToJoin.asp

As I recall, most here on the forums go through a $35 general membership in the NSA (National Sheriff's Association):

http://www.sheriffs.org/membership/index.asp

ducky (new screenname: imducky) is the big evangelist for JFCU around here. I think he has a law enforcement background.

If you're not looking for high CL's right out of the gate, I agree that Chase has the reputation of eventually granting high CL's. And AmEx will do the same. As a current customer, and with good current scores, you should be able to get a Blue that will grow well, without being harassed by them, as long as you don't get frisky. They seem a lot twitchier about those who don't fit their traditional cardholder profile.


jfcu is awesome, but they have a 5k cap on unsecured products until you hit 6 months of membership with them (some have snuck through w/limits intact though). for example i was approved for 25k on a visa and 25k on a loc, the underwriter chopped both down to 5k. i think if you have high scores, decent hhi, and no recent accounts penfed or nasa are good options.
 
nasa has been known to pull all 3 and penfed like to decline apps for "pyramiding debt".
Established Contributor
watchnerd
Posts: 527
Registered: ‎11-29-2007
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Re: Best CCC for High-ish Credit Lines

What is pyramiding debt? That's a new term to me.
4/25: TU 793, EQ 791, EX ?
Goal: 800s by 12/09
Senior Contributor
imducky
Posts: 3,432
Registered: ‎08-27-2007
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Re: Best CCC for High-ish Credit Lines



watchnerd wrote:
What is pyramiding debt? That's a new term to me.


you have 10k in cc's and 2k balances = 20% uti
you add a new card for 10k and send 2k = 20% uti
 
you still have 20% uti, but only because you obtained more credit. not because you are paying down your debt. ergo you are from egypt and are pyramiding debt.
Established Contributor
watchnerd
Posts: 527
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Re: Best CCC for High-ish Credit Lines

Arrrgh, in a moment of early morning bleariness I recalled this thread, got my C-named banks confused, and applied for a Citi Diamond Preferred MC. I meant to apply for a Chase card. *slap self in head*

Well, we'll see what happens.
4/25: TU 793, EQ 791, EX ?
Goal: 800s by 12/09
Senior Contributor
imducky
Posts: 3,432
Registered: ‎08-27-2007
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Re: Best CCC for High-ish Credit Lines



watchnerd wrote:
Arrrgh, in a moment of early morning bleariness I recalled this thread, got my C-named banks confused, and applied for a Citi Diamond Preferred MC. I meant to apply for a Chase card. *slap self in head*

Well, we'll see what happens.

i took that card from 3.5k to 10k in 9 months. did you get an instant approval, did you get options to set up online account prefrences?

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