05-09-2013 06:37 AM
I think I'm sticking with the Arrival...plus I like the name. Lol
I don't travel a lot about 4-5 times a yr.
You'll love the Arrival. Nothing special about it card wise.. like not made of metal or numbers on the back ... but I do like the 2 pts for ALL purchases and the rewards are instant. The $400 bonus isn't so bad either for 1K spend. I like Barclays also. They gave me a chance when other's wouldn't.
05-09-2013 06:39 AM - edited 05-09-2013 08:17 AM
05-09-2013 07:20 AM
inquiries are instantaneous nowadays.........
It might have been different during the days of 56k dialup internet when everyone's internet and computer weren't as fast, but nowadays servers and internet speeds are much faster.
The mutliple tab trick worked at one point for various things, including bypassing citi 1 app per 30 days rule, but most if not all of these exploits have been patched by now. I'll be the first to admit it. I tried it myself anyhow almost 2 months ago. Chase saw my Amex inquiry regardless. Didn't matter for me anyways since I still got approved for Chase and got declined for Amex instead.
You could feel free to still give it a try though. No harm done trying anyways.
05-09-2013 08:20 AM
I wouldn't app any right now and just set yourself up for the cards in 6 months to a year. I'd be more focused on getting your limits up higher to better set yourself up.
It would likely end in just new inqs. If however you are set on apping (based on your posts I don't believe this to be the case) I think you have a good chance at the Barclays right now only it probably will end up being the Platnium version. Nice thing about Barclays- you can usually request the CLIs (with a HP always) and get your limits to where you want pretty easily if you handle your account well.
Name a reason not to app now? It is not really an issue if declined, just try again later. It is not like the lenders blacklist somebody from a past denial. Also, issues have different tiers of cards. So, they could counter with something that can be PC'd later on. Thus increasing AAoA later on because in a year it won't be a new app it will be a PC.
How would the app spree affect the outcome of a credit decision 1 year from now. Those INQs will have no affect in a year. The only possible outcome would be possitive in the form of a longer AAoA later on.
05-09-2013 08:39 AM - edited 05-09-2013 08:41 AM
This is a problem that seems to be isolated for Barclays.
If you get the platinum version now, it is going to be hard to get converted to the world MC, even if your limit is >5k.
There's a few forum members, one of them stuck with a 8.5k CL platinum, that barclays refuse to convert to world MC.
So if you get the plat MC, it's either you try to get it converted right away through a CLI, or there's a good chance you'll be stuck as it is until you close the account and re-apply.
Of course, it's YMMV.
There are people, myself included, having problems trying to get it converted to WorldElite MC. I talked to the underwriters myself and it seemed that the system didn't offer that option for me and it kinda looks like I'm stuck with World MC. I'm not complaining though.
And as for inquiries, they have little effect after a year, and absolutely no effect after 2 years. So if you see an extremely good offer now, provided the number of inquiries you already have isn't some crazy astronomical number, then might as well hop onto it. Other than that patience is key
05-09-2013 08:39 AM - edited 05-09-2013 09:09 AM
05-09-2013 10:05 AM
I do appreciate all the discourse so long as it's civil (like it has been). Like I said in OP, I'm more concerned with strategies to minimize the potential negative impacts of any one of the inquiries on the others based on each bank's sensitivities to them and some of the other variables. I wanna get all three cards. And I want the Visa Sigs. I'm inclined to wait out the year (or more) before applying because I see little to no chance of approval on those apps at this time. I need to garden for a bit and let time work for me. AAoA will improve, as will my score. Past inquiries will fall off, have less effect, etc. I love this forum but can't pretend not to notice the impulsive tendencies of many who fail to make time their ally. I get it. Believe me, I get it. I have plenty of inquiries as a result of my own impulsivity. I actually wish I had fewer cards than I do. That being said, I do want a few more that appeal to me for this or that reason and offer some benefits my current cards don't. But I wanna be smart about when and how to get em. And patient. I don't need em right now (although I would like to get that Priceline before the offer disappears!) As it stands, I'm leaning toward the order of:
Thanks for all the feedback so far!
05-09-2013 11:09 AM - edited 05-09-2013 11:11 AM
nobody knows exactly what the cutoff is with barclays.
They were hard on me because of every account opened since the beginning of 2012, not just since 1 year ago. 3 accounts in the last 12 months(1 in the last 6), 3 inquiries in the last 12 months on TU(none in the last 6-they only pulled TU on me). No activity in at all in 2013 on anything when i apped(though theres one inq from citi now on my other 2)
05-09-2013 11:10 AM
05-09-2013 11:16 AM