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Should I apply for a Pottery Barn card?

Established Member

Should I apply for a Pottery Barn card?

My Equifax is 721 and I have had clean credit for 3 years now.

No lates nothing.

I only have 2 credit cards: a store visa and a capital one visa

 

I'm buying furniture that I have the cash to buy but want to take advantage of the cash back on this major purchase.

 

I know when you apply for credit you take  a hit to the score.

 

I kinda don't want to apply If I'm going to get a card with say a $500 limit. I want at least a $2500 or  $3000 limit.

 

Thoughts anyone?

Message 1 of 19
18 REPLIES
Moderator Emeritus

Re: Should I apply for a Pottery Barn card?


MmeLucie wrote:

 

Hi Mme!

 

My Equifax is 721 and I have had clean credit for 3 years now.  Remember that they will look at your entire CR - everything that is on your report, not just the last three years. 

No lates nothing.

I only have 2 credit cards: a store visa and a capital one visa  How old are they?

 

I'm buying furniture that I have the cash to buy but want to take advantage of the cash back on this major purchase.  Wise move to not carry a balance on this (or any other ccard).

 

I know when you apply for credit you take  a hit to the score.  Well, sometimes yes and sometimes no.  How many inquiries are currently on your reports?  Which CR does PB pull?

 

I kinda don't want to apply If I'm going to get a card with say a $500 limit. I want at least a $2500 or  $3000 limit.  In that case, and if you do decide to app for this card, you may want to consider app'ing at time of purchase.  Other folks with experience with PB will chime in and give you some great feedback.

 

Thoughts anyone?


 

Just puttin' syrup on something, don't make it pancakes.
Message 2 of 19
Moderator Emerita

Re: Should I apply for a Pottery Barn card?

It sounds like the perfect time & situation to app, if you ask me. Smiley Happy You've got the cash to PIF, and you're going after the rewards.

 

I just looked up the PB card (one of my most favorite stores, BTW, right along with Williams Sonoma), and it's underwritten by WFNNB. I have no idea what kind of limits they approve for PB, but you might try applying in the store, for instant credit, while making your purchase if you want to extract the maximum amount of credit line with them. Maybe someone else has some direct experience with that card in particular, and can give you an idea on credit lines.

 

I wouldn't worry too much about the INQ, or the new account hit. It doesn't sound like you're planning an app spree, and you don't already have a ton of cards. You might find that you get a net score gain by adding this store card to your mix.

 

ETA: beamMEup beat me to it... she's faster at the keyboard! Smiley Very Happy

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Message 3 of 19
Established Member

Re: Should I apply for a Pottery Barn card?

My Equifax is 721 and I have had clean credit for 3 years now. Remember that they will look at your entire CR - everything that is on your report, not just the last three years. No lates nothing.

 

Thanks for answering!

Here is the follow up:

 

 I only have 2 credit cards: a store visa and a capital one visa How old are they?

Store Visa is three years old

Capital One is  balance zero 18 years old

Line of credit (bal zero is 22 years old)

 

I have one inquiry about 2 yrs ago. I have no idea which report PB pulls, will they tell me?

 

Message 4 of 19
Established Contributor

Re: Should I apply for a Pottery Barn card?

I'd think you'd be ok with your history.  I'd definitely apply in-store for better results.  Applying online definitely raises minor red flags on store cards.  I love Pottery Barn too but having a CC with them would be a death wish for me...LOL!  Smiley Very Happy

CCs: Chase Freedom VS 12.9k, CSP VISA Sg 13k, BofA Amex 24.5k, Discover 12.5k, US Bank Cash+ Visa Sg 17k, Macy's Amex 8k/1.5k, Gap Visa 10k, Best Buy 11.1k, Citi TY MC 10.8k, Citi AA Amex 6k, Nordstrom VS 10k, Costco Amex 12k, BofA CR VS 5k, Amex BCP 13.5k, Amex ED 5k, Sears MC 9k, HD 7k, Target 600, Amazon 7k, US Bank MC 15k, US Airways MC 8k, NFL Visa 4k, Patelco Visa 10k, Penfed PR VS 44.6k, Chase Hyatt VS 8k, Citi Simplicity 13.3k, PayPal MC 7.5k, BBVA Visa 4k, WF VS 14k, FNBO Amex 14.1k, OCCU VISA 15k, TR Visa Sg 16.3k, C1 QS Visa 11k, FRN MC 15k, HSN 4k, Saks WEMC 10k/4k, Chase Ink 18k, Arrival WEMC 10k, Ebates VS 8k, Orbitz VS 12k, NASA V 30k, USBk FP VS 21.5k, DC 30k, VirgAm 15k, Sams MC 15k, Amex Bz Gold, Amex SC 10k, BofW Bz MC 18k
Message 5 of 19
Epic Contributor

Re: Should I apply for a Pottery Barn card?

My dad has this card 3k limit... he had very high util when applying it was instant online... it asks security questions which if you answer correctly will then give you the credit line and account added to your online account instantly.

Message 6 of 19
Contributor

Re: Should I apply for a Pottery Barn card?

My DS has the PB card since 2009. She applied online and was granted a $5,000.00 CL. She has been loyal to PB and loves having their card.

Amex BCE| BOA CB| Freedom| Citi DC| Discover It|
Message 7 of 19
Contributor

Re: Should I apply for a Pottery Barn card?

the pottery barn card is issued by WFNNB which means a definite pull on your experian report. i would make sure that your experian report is clean and good.

Message 8 of 19
New Contributor

Re: Should I apply for a Pottery Barn card?

I love PB. Initial CL was $4000, they did an CL for $800 6 months later

"Well, here's another nice mess you've gotten me into" Ollie
Message 9 of 19
Established Member

Re: Should I apply for a Pottery Barn card?

Okay guys....   I'm ready to go.

 

Both my cards have minimal balances, I'll go in the store apply see what happens.  If the limit doesn't cover everything I'll pay the balance cash.

It is all good!

 

Thanks for the support!

Message 10 of 19