Credit Cards

[HappySoda]

My friend has no inquiries on their transunion and so would be a good candidate for a GE card. Can anybody recommend a card that might start her with a very high limit? As an example: 3000 to 5000 or maybe even more than that?

Her stats are the following:

Fico: 734 (USAA pull)

Inquiries on Transunion which GE pulls (Zero)

Opened 3 credit cards in 9/2012 (2000/3000/6000 limits)

Oldest card: 5.6 years (5000 limit/zero balance)

Utilization: less than 20% approximately 16%

Highest balance/util on a card: $3000 card has a $1500 balance but the rest are below 20%

Cards she is considering:

Banana Republic Visa

Walmart Discover

Chevron Visa

Open to suggestions

She prefers a branded card but would take another card as long as it had a high limit for her utilization and to basically sock drawer it. She wants to establish a relationship with GE, get her UTIL up while having a good card that will give her a high balance and grow with her.

[LS2982]

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HappySoda wrote:

My friend has no inquiries on their transunion and so would be a good candidate for a GE card. Can anybody recommend a card that might start her with a very high limit? As an example: 3000 to 5000 or maybe even more than that?

Her stats are the following:

Fico: 734 (USAA pull)

Inquiries on Transunion which GE pulls (Zero)

Opened 3 credit cards in 9/2012 (2000/3000/6000 limits)

Oldest card: 5.6 years (5000 limit/zero balance)

Utilization: less than 20% approximately 16%

Highest balance/util on a card: $3000 card has a $1500 balance but the rest are below 20%

Cards she is considering:

Banana Republic Visa

Walmart Discover

Chevron Visa

Open to suggestions

She prefers a branded card but would take another card as long as it had a high limit for her utilization and to basically sock drawer it. She wants to establish a relationship with GE, get her UTIL up while having a good card that will give her a high balance and grow with her.

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Lowes / Walmart / Amazon are the cards that usually give high CL's at account opening with good scores.

[09Lexie]

PayPal MasterCard gave me my highest initial CL. At the time, I had JCP, Walmart and Chevron. 

YMMV

[bradpitt]

Get the Wal-Mart discover.

She should get her Util below 10% or even lower for best result (ie. 2%).  This will raise her fico so getting a limit in the range you specified might be possible.

But the card will grow fast either way so it doesn't matter that much.

[BearsAndTurtlesRtheBest]

Id say Pay Pal extras mastercard some get an istant approval of $3k. Banana Rebublic VISA is an iffy one as well as Chevron but her credit looks good enough to get a good starting CL, My dad had more UTL than your friend and got an instant approval of $2,250 on chevron VISA. It all varies.

[LS2982]

Sams Club Discover is also a good one.