Hello,
I have been reading for a long time the forums and now I decided to post for the first time. I would like to know if this is a good combination of credit cards to have:
- American Express Blue (3/2008): CL $4400
- Bank of America BankAmericard - Visa (10/2007): CL $1800
- Citi mtvU - Visa (8/2007)): CL $4000
- Citi Diamond Preferred Rewards - MasterCard (5/2008): CL $4050
- Washington Mutual - Visa (11/2007): CL $4500
Thank you very much,
Zar 
Message Edited by Zar on 06-14-2008 01:26 PM
Zar wrote:Hello,I have been reading for a long time the forums and now I decided to post for the first time. I would like to know if this is a good combination of credit cards to have:
- American Express Blue (3/2008): CL $4400
- Bank of America BankAmericard - Visa (10/2007): CL $1800
- Citi mtvU - Visa (8/2007)): CL $4000
- Citi Diamond Preferred Rewards - MasterCard (5/2008): CL $4050
- Washington Mutual - Visa (11/2007): CL $4500
Thank you very much,
Zar
Message Edited by Zar on 06-14-2008 01:26 PM
Some people say you need a store CC. That may help your score a little. Do you have any installment loans?
On a seperate note, I would call BoA backdoor number and ask for a CLI. Explain to them that WAMU has give you $4500 and you would like for them to beat that because you want BoA to be your card of choice. Depending on your history, great chance they will do that with a soft INQ.
Good luck!
Thank you Cheddar!
Yes, I will treat them well. I always try to pay in full even before the statements cut. I have managed to get my cards with 1.5 years of credit history. At the beginning, I had a $300 CL secured card with Bank of America which I closed because they charged me a $45 annual fee.
Could you please tell me what are those two cards with the best rewards among them so I can use them more than the others?
Thank you again!
Zar
Zar wrote:
Thank you Cheddar!Yes, I will treat them well. I always try to pay in full even before the statements cut. I have managed to get my cards with 1.5 years of credit history. At the beginning, I had a $300 CL secured card with Bank of America which I closed because they charged me a $45 annual fee.Could you please tell me what are those two cards with the best rewards among them so I can use them more than the others?Thank you again!Zar
Of the cards you have, Amex Blue and Citi DPR have the best rewards programs, IMO. I agree with nicemann's suggestion above. BofA is very good about matching your highest limit. I would give them a call and see if they will bring you up to $4500 to match WaMu.
Also, see if you can add the WorldPoints program to your BofA card, if it doesn't already have it. Then all of your cards except for WaMu will have a rewards program.
Thank you Nicemann for your suggestions, I really appreciate them! I don't have an installment loan but I would like to get a small one to buy a car soon. Would that help also?
Last time I checked my credit scores (May 9th): EX: 735; TU: 715; EQ: 722.
Zar
Thank you again Cheddar! I'll call Bank of America soon and I'll ask them if it's possible to increase my CL. As for the BankAmericard Visa, it already has the WorldPoints program.
Zar
@Zar wrote:Thank you Nicemann for your suggestions, I really appreciate them! I don't have an installment loan but I would like to get a small one to buy a car soon. Would that help also?Last time I checked my credit scores (May 9th): EX: 735; TU: 715; EQ: 722.Zar
Nice set of cards. Maybe a store card and a car loan when you need a car. You look very good. Nice tight report.
They all seem good to me, except maybe for the WaMu card. They still engage in the slime-ball practice of 2 cycle billing. EWWWWWE 