Reply
Valued Member
Posts: 31
Registered: ‎01-30-2013
0

Planning next apps

So here is my situation... I'm planning on refinancing my mortgage in the next 60 days. Once that is taken care of my next move was to apply for a few CCs. I have 3 cards in mind: PenFed Platinum Rewards, BCP, and CSP. So now, How long after the refi should I wait? Should I app for all 3 at the same time or at separate times? If not all at once then in what order?

 

Thanks for your input!

EX 761 (5/14); EQ 784 (4/14); TU 778 (5/14)

NFCU cashRewards 23k | Marriott Premier MC 18k | US Bank Club Carlson 15k | Amex BCP 14.3k | Citi AA Exec 13k | Barclays US Airways 10k | PSECU 7.5k | Amex SPG 7k | Amex Old Blue Cash 5k | Chase Sapphire 5k | Ink Plus 5k | PenFed Platinum Rewards 5k | PenFed Defender 5k | PenFed LOC 5k | Gap 4300 | Amex SPG Biz | Amazon Chase 500 |
Valued Contributor
Posts: 1,568
Registered: ‎09-15-2012
0

Re: Planning next apps

Well, as far as I know you are free to app after closing. Typically the underwriting process is complete by then.

 

Also, I am a big fan of app sprees if they are well planned. I like having the cards and inquiries age off quickly, why drag the torture out over months when you can get it done all at once. 


In My Wallet: Amex BCP (12/12) $22.200, Cap1 Quicksilver (6/12) $14,000, Chase CSP (4/14) $12,000, Barclaycard Rewards (5/13) $10,500, Citi Forward (12/12) $9,600, Chase Freedom (12/12) $5,000

Last App: April 2, 2014
Regular Contributor
Posts: 266
Registered: ‎09-05-2012
0

Re: Planning next apps

I say you go for the following 3 cards:

 

Fingerhut

Swiss Colony

The Matrix Card

 

These 3 cards - no can defend

 




Valued Contributor
Posts: 1,568
Registered: ‎09-15-2012
0

Re: Planning next apps


Johnny_Favorite wrote:

I say you go for the following 3 cards:

 

Fingerhut

Swiss Colony

The Matrix Card

 

These 3 cards - no can defend

 


You should probably clarify that you are joking. 


In My Wallet: Amex BCP (12/12) $22.200, Cap1 Quicksilver (6/12) $14,000, Chase CSP (4/14) $12,000, Barclaycard Rewards (5/13) $10,500, Citi Forward (12/12) $9,600, Chase Freedom (12/12) $5,000

Last App: April 2, 2014
Valued Contributor
Posts: 1,569
Registered: ‎11-10-2012
0

Re: Planning next apps

[ Edited ]

 :smileylol: I say go in the order of sensitivity to inqs...which I estimate to be PenFed, BCP, then CSP.



My Wallet:
WalMart: ||15k|| USAA Platinum MC: ||26k|| BCE: ||9k|| Chase Freedom Siggy: ||10k|| Discover it: ||6.5k|| SG Visa: ||11k||
USAA World MC: ||23k|| US Bank Cash+ Siggy: ||7.5k|| Citi TYP World MC: ||12k|| Barclays Arrival World MC: ||13k||Citi Double Cash World MC ||25k||Sallie Mae World MC ||18.8k||Fico Scores (3 Fico Monitoring): EQ 751,TU 749, EX 743. Last app: 9-12-14 Sallie
Regular Contributor
Posts: 266
Registered: ‎09-05-2012
0

Re: Planning next apps

Sorry hehe, I am joking about Fingerhut, Swiss Colony and the Matrix Card.




Valued Member
Posts: 31
Registered: ‎01-30-2013
0

Re: Planning next apps

I understand that you are joking, I just don't understand the joke.

EX 761 (5/14); EQ 784 (4/14); TU 778 (5/14)

NFCU cashRewards 23k | Marriott Premier MC 18k | US Bank Club Carlson 15k | Amex BCP 14.3k | Citi AA Exec 13k | Barclays US Airways 10k | PSECU 7.5k | Amex SPG 7k | Amex Old Blue Cash 5k | Chase Sapphire 5k | Ink Plus 5k | PenFed Platinum Rewards 5k | PenFed Defender 5k | PenFed LOC 5k | Gap 4300 | Amex SPG Biz | Amazon Chase 500 |
Established Contributor
Posts: 665
Registered: ‎11-13-2012
0

Re: Planning next apps

They're just crappy cards with horrid interest rates and annual fees
Wallet: Barclay-5k, Citadel MC- 5k, Slate- 4k, Freedom- 3k, BOA- 3k, Citi- 2k, AMEXBCE- 2k and more...

Get a myFICO recommended credit card

Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.