Reply
Established Member
BallaOnnaBudget
Posts: 32
Registered: ‎01-15-2012
0

Discover More or Barclays Apple??

I am a regular forum reader and have posted once or twice.  I'd like some advice on whether or not to pull the trigger on a new card.

 

HISTORY:

1 cap one sec -$200 AoA - 11 months, no missed payments

1 auto loan AoA - 1 year 2 months, no missed payments

No baddies at all

Salary 48k

 

Scores TU-712, EX - 703 

 

Applied for a chase freedom in Nov. with similar scores and was denied for "not enough revolving accts" and "age of accts"

I would like another charge card so i can garden till next year.  What do you think my chances are for a Discover More or Barclays Apple??

 

Thanks in advance

Established Member
BallaOnnaBudget
Posts: 32
Registered: ‎01-15-2012
0

Re: Discover More or Barclays Apple??

Or would it be wise to garden another 6 months??  Have gotten offers from Prime one and Credit one for 700 and 1000 cards but those fees are bananas!!!!!

Valued Contributor
mxp114
Posts: 1,359
Registered: ‎09-01-2011
0

Re: Discover More or Barclays Apple??

You probably have a better shot with Barclays due to liberal recons but otherwise your profile is lightweight. Not even 12 months revolving = highly unlikely to get any prime cards. I would give it six months. Maybe even app for Orchard/HSBC to start to establish unsecure credit.

Established Contributor
learnin113
Posts: 541
Registered: ‎12-02-2011
0

Re: Discover More or Barclays Apple??

Discover More is a way better card.  There's not much use for the Apple card unless you need great financing on Apple products of course or your scores are less than stellar. 

Established Contributor
fusioncredit
Posts: 614
Registered: ‎10-23-2011
0

Re: Discover More or Barclays Apple??


BallaOnnaBudget wrote:

I am a regular forum reader and have posted once or twice.  I'd like some advice on whether or not to pull the trigger on a new card.

 

HISTORY:

1 cap one sec -$200 AoA - 11 months, no missed payments

1 auto loan AoA - 1 year 2 months, no missed payments

No baddies at all

Salary 48k

 

Scores TU-712, EX - 703 

 

Applied for a chase freedom in Nov. with similar scores and was denied for "not enough revolving accts" and "age of accts"

I would like another charge card so i can garden till next year.  What do you think my chances are for a Discover More or Barclays Apple??

 

Thanks in advance


Before I make any suggestions let me make sure I understand what you are wanting...are you wanting a rewards card or are you wanting to build more credit?


Starting Score: EQ 686 10/18/11, TU 689 10/25/11, EX 685 10/11 (Amex Pull)....these are all FICO scores
Current Score: EQ 702 10/24/11, TU 689, EX 685
Goal Score: 750+

Score Update: EQ: 743 (02/03/12) TU: 741 (Walmart 01/11/12), now 761 as of 01/27/12 (Walmart), EX: 741 (Amex 01/04/12)
Take the FICO Fitness Challenge

Established Member
BallaOnnaBudget
Posts: 32
Registered: ‎01-15-2012
0

Re: Discover More or Barclays Apple??

Both actually but I'd prefer to get more credit without having to pay a ridiculous monthly fee. Its just frustration setting in I think!
Established Contributor
fusioncredit
Posts: 614
Registered: ‎10-23-2011
0

Re: Discover More or Barclays Apple??


BallaOnnaBudget wrote:
Both actually but I'd prefer to get more credit without having to pay a ridiculous monthly fee. Its just frustration setting in I think!


This can be accomplished....first you will need to do some research on which credit unions to join that will be generous giving you a good limit to start with. If you or someone in your family is Military you can join Navy Fed and Pen Fed, Also highly recommend USAA. If you are looking for a credit union that pulls TU then there is Lake Michigan CU and Consumers Credit Union. I'd then wait 6 months before applying for Discover and Barclays for best chance of approval with a good starting limit. 


Starting Score: EQ 686 10/18/11, TU 689 10/25/11, EX 685 10/11 (Amex Pull)....these are all FICO scores
Current Score: EQ 702 10/24/11, TU 689, EX 685
Goal Score: 750+

Score Update: EQ: 743 (02/03/12) TU: 741 (Walmart 01/11/12), now 761 as of 01/27/12 (Walmart), EX: 741 (Amex 01/04/12)
Take the FICO Fitness Challenge

Established Member
BallaOnnaBudget
Posts: 32
Registered: ‎01-15-2012
0

Re: Discover More or Barclays Apple??

thanks for the advise. I think I'll hold off till I get to 18 months!
Established Contributor
fusioncredit
Posts: 614
Registered: ‎10-23-2011
0

Re: Discover More or Barclays Apple??


BallaOnnaBudget wrote:
thanks for the advise. I think I'll hold off till I get to 18 months!

You are welcome and do what you feel is right and comfortable for you. Just keep in mind it's easier to build credit with credit unions than it is with Prime Creditors


Starting Score: EQ 686 10/18/11, TU 689 10/25/11, EX 685 10/11 (Amex Pull)....these are all FICO scores
Current Score: EQ 702 10/24/11, TU 689, EX 685
Goal Score: 750+

Score Update: EQ: 743 (02/03/12) TU: 741 (Walmart 01/11/12), now 761 as of 01/27/12 (Walmart), EX: 741 (Amex 01/04/12)
Take the FICO Fitness Challenge

Regular Contributor
Carlile92
Posts: 194
Registered: ‎11-17-2011
0

Re: Discover More or Barclays Apple??

To be honest I got a discover more card with less history than you and a worse score than yours with 1000 cl and salary right about the same with high util and it was more card with huge amount of inq
Discover more(1000) cl my heavy use and pif card-----Kay/Jared's jewlers 1300 cl on each-----Amazon card 400 cl-----Walmart 900 cl----Cap one no hassle cash rewards 500 cl stingy bums ----Barclay apple card 1000 cl----chevron gas card 500cl----Bofa cash rewards 600 cl---carnival 500 cl care credit--1000cl--penfed PLOC-500 Oldnavy store card 1000 cl

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+