I recently received a pre-approval in the mail for the Barclays Rewards card and am not sure if I should try for it. I have also received several pre-approvals for the Discover IT card however, they have my last name spelled incorrectly so am not really sure as to how accurate that one really is. I ask, because the last 2 tries for cards were both with Walmart - both times denied - only reason was BK from 2009 - have 4 cards total, with a total balance of 606.00 which will be below the 10% util after the payment in April, a small secured loan with my Credit Union, which only have 2 more months on. I am scared to try because I am working toward being able to buy a car hopefully this year, but may decided to wait another year.....guess I am just "scared"
Thanks
K
Based on the details, it looks like a pretty good card. How are you recent inquiries? Barclays is very sensitive with looking for, and opening new lines of credit before and after the application.
- Earn 5,000 Bonus points after your first purchase - enough for $50 cash back.
- Earn 2 points per $1 on gas, grocery and utility purchases.
- Earn 1 point per $1 everywhere else
- Redeem for flights, shopping, dining and more.
- Use your points like cash to pay for any purchase you've made.
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........659 (FICO)........
........659 (TU08) ........
Sorry I don't have an answer for you, but wanted to congratulate you on such a good job with your credit score considering how recent your bankruptcy was.
I have 1 inq from the small secured loan from April of 2012 (last year) and I thought that I had applied again for the Wal-Mart card last summer but the only one that shows up is from Fall of 2010. If the walmart app from last summer shows somewhere than there is 2 inq in the past year
Thanks for the response
K
I would give it a shot - I've seen some post here that Barclays is rather BK friendly. They have a great recon line, so if you do not get the instant approval definitely give them a call (a couple times if needed) to have it to be approved.
Let us know how it goes!
If approved do not go app crazy because Barclay is new account sensitive in the first 6 months of account open. YMMV.