Reply
Highlighted
Member
Posts: 15
Registered: ‎01-17-2011
0

Limited credit history with the prime cards?

Anyone can get a prime card like discover,citi or chase with a 1 n half year credit history?
Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Limited credit history with the prime cards?

It's possible. If you can afford to take inquiry hits go for it and give us an update. 

Valued Member
Posts: 37
Registered: ‎03-29-2011
0

Re: Limited credit history with the prime cards?

No lates, no collections etc and at least one paid loan or credit card and one open loan or credit card and I dont see why you wouldnt get approved...for a small amount, yes but you should get approved...


Starting Score: 500s
Current Score: 780
Goal Score: 800+


Take the FICO Fitness Challenge
Regular Contributor
Posts: 146
Registered: ‎01-26-2011
0

Re: Limited credit history with the prime cards?

Got a Discover card with a $1,000 limit and 14.99% APR with a seven month credit history in 2009 so yes it should be even easier now.

Regular Contributor
Posts: 198
Registered: ‎10-22-2010
0

Re: Limited credit history with the prime cards?

Discover was my first CC so I would guess so.

What's In My Wallet:American Express Starwood Preferred Guest Business Card, American Express Costco True Earnings, Citi AA Visa, Barclays US Air, Citi Prestige
What's In My Sock Drawer: Chase Sapphire Preferred, Discover More, Bank of America Accelerated Rewards AmEx, SME FCU Visa
Valued Member
Posts: 56
Registered: ‎01-30-2011
0

Re: Limited credit history with the prime cards?

 


ld81 wrote:
Anyone can get a prime card like discover,citi or chase with a 1 n half year credit history?

Yeah of course. I would say a vast minority of people don't start a credit card with those plus the other big banks.

 

Valued Member
Posts: 37
Registered: ‎03-29-2011
0

Re: Limited credit history with the prime cards?

Just make sure to save Capital One for if you CANT get anything else...they suck Smiley Sad For CCs anyways..

 

Please let us know how your apps go..who approves you, credit limits, etc.

 

Maybe try for a couple student cards....if you you are in school that is lol.


Starting Score: 500s
Current Score: 780
Goal Score: 800+


Take the FICO Fitness Challenge
Regular Contributor
Posts: 112
Registered: ‎03-09-2009
0

Re: Limited credit history with the prime cards?

 


Just make sure to save Capital One for if you CANT get anything else...they suck :smileysad: For CCs anyways..


 

I agree with this.  Capital One seems to be in business not to grow with you but to collect annual fees on people with limited to below average credit.  They do not grow with you typically and are not my favorite bank.

 

With that being said and to answer your question, I got my Discover when I was 18.  Approved with $1300 ICL and raised to $4000 about a year later at my request and at the expense of a hard inquiry.  I also got CITI at 19 so I would say as long as you have a good DTI ratio and no lates, I would go for it. 

Valued Contributor
Posts: 1,291
Registered: ‎05-13-2010
0

Re: Limited credit history with the prime cards?

See my sig?  It doesn't take long.  I started in 4/2010.

BofA Cash Rewards VS - $25k/9.99% | Citi Dividend World MC - $12.1k/11.99% | Amex BCE - $20k/10.24% | Chase Freedom VS- $10k/15.24% | Barclay Ring $5k/8.0% | Discover it - $21.5k/11.99%
Valued Contributor
Posts: 1,129
Registered: ‎01-20-2011
0

Re: Limited credit history with the prime cards?

 


ld81 wrote:
Anyone can get a prime card like discover,citi or chase with a 1 n half year credit history?

One and a half year is good enough as long as you have atleast 2 Credit lines open and have no baddies. I got 2 CLs in range of about 10k with 1 year and 1-2 months history.

 

Amex PRG | BoA Cash rewards 35K | BoA Cash rewards 7K | Citi AAdvantage 15 K | Chase Sapphire Preferred 11 K | Chase Freedom 10k | Chase United 5 K | Chase Southwest 5K | Chase Airtran 6.4K | Discover IT 8K | Barclays US Airways 7.8 K | DCU 3 K | US Bank Flex Perks 8K | Toys r US 6 K | JC Penney 4.6 K | Macy's 1200 | Kohl's 600
Ex Fico: 762 (PSECU)
EQ Fico: 764 (DCU)
TX Fico: 773 (Discover)
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.