Is It Worth Getting A New Card ?

[AllPro]

 I was going to app for a HD or Lowes Card to Buy a few things for around the house, Im not to sure if i should though. I have decent scores and im sure i will be approved. I have A Amex 6000 limit,Barclays 2500 ,Bank Line of credit 1000and a 400 dollar Crap one.  I owe a total of 50 dollars , util is <1% wich is actually hurting my score and i need to let more report. I plan on spending 2500 to 3000 at HD or Lowes , and dont want to carry a balance on Amex, I want to keep Amex Happy. The card is also only 4 months old, Not sure how they are with Inqs.

 So My Eq is 754 Ex Was 765 4 months ago and TU 728 All Ficos. I have 2 inq (EQ)falling off in 10 days leaving me with 3total Inqs, Tu and EX i have one on each from this year.  I can wait to make this purchase i dont really need these things right now, but would be nice to have them . Should i just garden ? i was hoping to get a 5 grand limit pay off the card slowly and hoping for a few grand CLI over the winter and buying a zero turn lawn mower in the spring ..Taking advantage of the 0% < if i go HD .

 My othe option is get a loan, I have never had a loan before though. And i dont have a cosigner (If Needed ) .

 Hope you understand this , lol im driving myself nuts here trying to decide what to do.. Thanks !!

[AndySoCal]

I would get the Lowes card. You get 5% off everytime you use your card. The discount comes off your total bill at the register. Not sure if HD has the same feature.

[iMacDrew]

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@AllPro wrote:

 I was going to app for a HD or Lowes Card to Buy a few things for around the house, Im not to sure if i should though. I have decent scores and im sure i will be approved. I have A Amex 6000 limit,Barclays 2500 ,Bank Line of credit 1000and a 400 dollar Crap one.  I owe a total of 50 dollars , util is <1% wich is actually hurting my score and i need to let more report. I plan on spending 2500 to 3000 at HD or Lowes , and dont want to carry a balance on Amex, I want to keep Amex Happy. The card is also only 4 months old, Not sure how they are with Inqs.

 So My Eq is 754 Ex Was 765 4 months ago and TU 728 All Ficos. I have 2 inq (EQ)falling off in 10 days leaving me with 3total Inqs, Tu and EX i have one on each from this year.  I can wait to make this purchase i dont really need these things right now, but would be nice to have them . Should i just garden ? i was hoping to get a 5 grand limit pay off the card slowly and hoping for a few grand CLI over the winter and buying a zero turn lawn mower in the spring ..Taking advantage of the 0% < if i go HD .

 My othe option is get a loan, I have never had a loan before though. And i dont have a cosigner (If Needed ) .

 Hope you understand this , lol im driving myself nuts here trying to decide what to do.. Thanks !!

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Id do it, especially if youre gonna carry a balance. Home depot I know has a 0% apr on purchases X amount or more, idk how many months it lasts.

[jamesdwi]

I would vote you app for Home Depot, the consumer card is via Citi, app after you get the card and you don't get a good CLI, I was given 500, but called the number given on the page with approval and CL and requested  a 4k limit saying I was considering getting a new front loading stean washer and dryer and didn't want to max out the card on the first day. 10 minutes later I was approved.  

bought a lawnmower and bbq a month ago... for a little over $300 got 6 months no interest.    CL stays at 4k. 

[AllPro]

Yeah My girl was approved for tht card under a year ago HD (1500), she made a few big purchases and paid the balance off slowly .she got 2 auto CLI she is now at 4200 for a limit. She has 2500  in CC limits and a auto loan for 24000 and Lower scores then me . I was hoping to get atleast 5 grand..Wishfull thinking i guess...

[jamesdwi]

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@AllPro wrote:

Yeah My girl was approved for tht card under a year ago HD (1500), she made a few big purchases and paid the balance off slowly .she got 2 auto CLI she is now at 4200 for a limit. She has 2500  in CC limits and a auto loan for 24000 and Lower scores then me . I was hoping to get atleast 5 grand..Wishfull thinking i guess...

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Call and request the CLI you can do it the first day, even before you get the card My UTL  a lot higher than yours.  My score was in the low 700's.  Lots of threads here on people getting good CLI even before the card arrives 

[Creditaddict]

I like HD better and if you are going to carry a balance then it won't matter... If you are going to PIF then Lowes with the 5% would be better!

No 5% if you take finance offer though!

[Crashem]

If going to carry balance for a while, I wouldn't get HD card.  I would just get a credit card with 0% offer going so it will be useful outside of HD.