Reply
Highlighted
Frequent Contributor
Posts: 396
Registered: ‎04-02-2012
0

Re: Experience with $5,000+ CL cards


jamesdwi wrote:

LS2982 wrote:
Wait 6 months and go for it, the 5k+ TL's will have some age then.

+1

 

they just want to make sure you don't go crazy its a lot harder to pay off/down a $5k  than a $2k card. 

 

 


Understood.  My wife is like "ok big shot, don't go charging those up and putting yourself back in the position you just got out of".  Getting these prime cards with great limits is more of a status & self-esteem thing for me.  That's why I'm sticking to everyday expenses.  Any big purchases, I'll do what I've been doing: planning the quick payoff if I need a few months to do it.

My Wallet:
Discover It $14,300 | Chase United $12,000 | Chase Sapphire Preferred $7,000 | Chase Freedom $5,000 | Citi Simplicity $5,000 | AMEX BCE $4,200 | Paypal Extras Platinum $5,000 | Wells Fargo $1,000 | AMEX Zync NPSL
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.