New Cedit Card Help

[seat3a]

I am grateful to this board as it has helped me understand a lot about credit. I would like to apply for a new card but have been SO careful with my credit and I am a  little app shy...LOL! I built my credit through HSBC starting with 3 cards; orchard bank  $300 CL, $0 bal, Direct Rewards $420 CL, $0 bal, Direct rewards $500 CL, $0 bal. I have a relationship with Chase so last November I did an app for the CSP and got a $5,000 CL ($809 bal). I was so excited that they gave me this high limit (considering the other limits on the now Cap One cards). I have 3 inq on EQ. One is Chase from 11/11, Discover Financial Services from 10/10, and two utilities.

Are the HP utilities counted as much as inq like Chase? Also, should I ask for a Chase CLI and hopefully have a  higher CL showing which might prompt, say  Citi to give me above a $5,000 limit ir does it matter? Goal is rewards and $15k to $20k in credit. AAoA average 4 years. Income $88k Thanks so much!!!

EQ FICO: 767 Credit XpertL EQ 767, TU 769, EX 789

[Shogun]

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@seat3a wrote:

I am grateful to this board as it has helped me understand a lot about credit. I would like to apply for a new card but have been SO careful with my credit and I am a  little app shy...LOL! I built my credit through HSBC starting with 3 cards; orchard bank  $300 CL, $0 bal, Direct Rewards $420 CL, $0 bal, Direct rewards $500 CL, $0 bal. I have a relationship with Chase so last November I did an app for the CSP and got a $5,000 CL ($809 bal). I was so excited that they gave me this high limit (considering the other limits on the now Cap One cards). I have 3 inq on EQ. One is Chase from 11/11, Discover Financial Services from 10/10, and two utilities.

Are the HP utilities counted as much as inq like Chase? Also, should I ask for a Chase CLI and hopefully have a  higher CL showing which might prompt, say  Citi to give me above a $5,000 limit ir does it matter? Goal is rewards and $15k to $20k in credit. AAoA average 4 years. Income $88k Thanks so much!!!

EQ FICO: 767 Credit XpertL EQ 767, TU 769, EX 789

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An Inq is an Inq.  But they are about to lose their affect.  Inquiries stay on your CR for 2 years but only affect your FICO for 1 year.  

[LS2982]

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@seat3a wrote:

I am grateful to this board as it has helped me understand a lot about credit. I would like to apply for a new card but have been SO careful with my credit and I am a  little app shy...LOL! I built my credit through HSBC starting with 3 cards; orchard bank  $300 CL, $0 bal, Direct Rewards $420 CL, $0 bal, Direct rewards $500 CL, $0 bal. I have a relationship with Chase so last November I did an app for the CSP and got a $5,000 CL ($809 bal). I was so excited that they gave me this high limit (considering the other limits on the now Cap One cards). I have 3 inq on EQ. One is Chase from 11/11, Discover Financial Services from 10/10, and two utilities.

Are the HP utilities counted as much as inq like Chase? They count as INQ's and may cause a denial through a computer decision when you app online but can be recon'd with a human as they are not credit INQ's. Also, should I ask for a Chase CLI How long has the CSP been open?? I'd probably wait for the yearmark then ask for CLI. and hopefully have a  higher CL showing which might prompt, say  Citi to give me above a $5,000 limit ir does it matter? Goal is rewards and $15k to $20k in credit. AAoA average 4 years. Income $88k Thanks so much!!!

EQ FICO: 767 Credit XpertL EQ 767, TU 769, EX 789

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If your looking for a new card i'd try AMEX or Discover. BCP is a good choice.

[seat3a]

Thanks so much for the help! CSP will reach the one year mark this November. Also, I am afraid to app Amex as in the 80;s I had a card and defaulted on it because of job loss, but not sure if I was just an authorized user. Don't need anoth HP!

[jamie123]

Dude!!!!!

With your current scores and history you can get ANY card you want!

AMEX's memory is not that long.

With your scores, inquiries are not that important. Quit obsessing over them.

You really should consider going on an app sree to pick-up 3 more cards. You should make sure they are from the following PRIME banks:

AMEX

Chase

CitiBank

Bank of America

Discover

Wells Fargo

Barclays

With your scores, history and income you should easily be approved from these prime banks.

Go for it!

Good luck!

[iMacDrew]

if you go on a spree with those prime banks do a little research and try to strive for 1 app per credit bureau. TU- Barclays, Ex- Amex etc.

[seat3a]

Thanks for the reply! I am in FL but have been having a lot of difficulty determining who pulls from which bureau. I went on Who Gave Me Credit but it seems to vary. Again, any help is appreciated.

[jamie123]

Like I said before, I don't think inquiries will be a problem.

Why don't you try and apping for a AMEX Blue Cash Everyday or Blue Cash Preferred and stop back and tell us how it went.

The BCE is no AF the BCP has a AF.

You wanted an AMEX right?

Why don't you go get one and stop back and we can discuss the next card!

You can do it! Quit obsessing about it!

Good luck!

(AMEX will pull EX)

[seat3a]

I went on the Amex site and filled out the pre-selected offers and the site says  

We are unable to find any pre-selected offers for you at this time due to any of the following reasons:

• - Your offer(s) may have expired.
• - We are unable to find an offer based on the information you provided to us.
• - Our site may be experiencing technical difficulty.

However, we have other great offers designed to meet your needs. See them below and apply now.
If you are an existing Cardmember, click this link to access your exclusive offers.

I don't understand this so I don't know what to do. Thanks again for your help.

[jamie123]

You were on the wrong page!

You applied  to see if you were pre-approved for any of their cards. Don't worry about that. I did the same thing you did and received the same info you did.

I then went to the actual application page and applied for the Zync and was approved. (Of course my credit is in much worse shape than yours.)

You need to go here:  https://www304.americanexpress.com/credit-card/compare

Find the card you want to apply for and hit the "APPLY NOW" button for that card.

Good luck!