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Frequent Contributor
atarvuzdar
Posts: 375
Registered: ‎01-20-2012

Re: Just Wanted to Say Thanks!

Being a recovered abuser of CC's when I was in college (and just getting back on the horse a good 15 years later), I think a $3000 limit on your new card is more than sufficient for the next few years. i would sit tight and not go for any additional credit. It can be tempting and, as a student, you may not find it so easy to pay off those obligations when you start racking up the balances on your cards.

 

Whatever you decide, good luck!

 

P.S. I would close the CapOne with the fee as well since you have a Discover that is older than it.

Current: EQ 673 September2013 / TU 696 September2013 (Walmart)
Start: EQ 584 Feb2012 / TU 629 July2012

Wallet: BofA Cash Rewards Visa Sig $5000 / Lowe's $6000 / JCP $3900 / eBay MC $3200 / Barclaycard Rewards $2000 / Walmart $3300 / CapOne NHRC $2000 / CapOne Platinum #1 $2000 / Amazon $1700 / Discover It $1000 / CapOne Platinum #2 (former Orchard) $750 / Amex Zync $500 Autopay
Mega Contributor
Creditaddict
Posts: 18,526
Registered: ‎10-23-2007

Re: Just Wanted to Say Thanks!


HoneyWholeWheat wrote:

My question is would this be problematic if I stopped working and went to school for a while? I mean, I have a savings account and plan on saving, but I don't think I'd be spending like what I'm doing now. Should I try for another card before I go into this long-term gardening, so my CC profile looks good?


no, you are being approved now and they don't need to know if you are working or not in the future as long as you are handling your bills and making payments.

If you want BCE I would apply for that... backup plan would be a Gold Charge if I was you but go for it now on the blue.

Fico Scores: EQ 639 Navy, TU 667 GE, EX 677 Prosper (06-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
New Member
HoneyWholeWheat
Posts: 13
Registered: ‎06-07-2013

Re: Just Wanted to Say Thanks!

Okay, sounds like a plan. I think I'll consider a BCE; do you think I could get approved?

TU (5/13): 704
Discover TU (12/13): 756
EQ (5/13): 710

My Wallet: Discover IT (2,5k), Citi Student Forward (3k), AMEX BCE (4.4k), BB Store ($400), and Radio Shack Store ($350)
New Member
HoneyWholeWheat
Posts: 13
Registered: ‎06-07-2013

Re: Just Wanted to Say Thanks!

So, I apped for the BCE and was APPROVED. 

 

I'm done; no more CCs for quite some time. Thanks for the help guys you are amazing!!!

TU (5/13): 704
Discover TU (12/13): 756
EQ (5/13): 710

My Wallet: Discover IT (2,5k), Citi Student Forward (3k), AMEX BCE (4.4k), BB Store ($400), and Radio Shack Store ($350)
Mega Contributor
Creditaddict
Posts: 18,526
Registered: ‎10-23-2007

Re: Just Wanted to Say Thanks!

Update with limit... You can call to check it!
Congrats!!
Fico Scores: EQ 639 Navy, TU 667 GE, EX 677 Prosper (06-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Community Leader
Senior Contributor
myjourney
Posts: 25,139
Registered: ‎02-07-2013

Re: Just Wanted to Say Thanks!


HoneyWholeWheat wrote:

So, I apped for the BCE and was APPROVED. 

 

I'm done; no more CCs for quite some time. Thanks for the help guys you are amazing!!!


Congrats nice card to have 

"Intelligence plus character--that is the goal of true education"
I will be gardening until a better offer/bonus comes along
Last escape 06/06/13 Bronze 7/6/2013 Silver 9/6/2013 Gold 12/6/2013 Palladium 3/6/14 made it...6/6/14 Plat is all mine
Valued Contributor
asphaltcowboy
Posts: 1,121
Registered: ‎02-03-2013

Re: Just Wanted to Say Thanks!


HoneyWholeWheat wrote:

So, I apped for the BCE and was APPROVED. 

 

I'm done; no more CCs for quite some time. Thanks for the help guys you are amazing!!!


Congrats on your approval, and welcome to the garden!!:smileyhappy:




Starting Score TU 667 EQ 663 EX 655
Current Score TU 694 EQ 692 EX 696 Last Update 8/2013
Garden Club 04/10/2013 (Goal 2015 or Longer)




Member
RyeBread
Posts: 17
Registered: ‎01-12-2013

Re: Just Wanted to Say Thanks!

Called AMEX, the limit is $2500! Can't wait for the card to come in the mail!

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Just Wanted to Say Thanks!


HoneyWholeWheat wrote:

Hey guys,

 

I've been lurking this forum for the past year, learning about credit, and taking some proactive measures about it. A year ago, I was approved for a Secured CapitalOne Mastercard w/ a $200 limit. Because of you're advice, I recently applied for a Citi Student Forward w/ a limit of $3,000! 

 

Now, I'm thinking of cancelling the CapitalOne card; is that a good or bad idea? My annual fee kicks in next month, and I have two store cards dating a year ago, and a Discover card from 2011 that I use daily. Any suggestions?


AXE IT.jpg




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
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Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014

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