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Established Member
MmeLucie
Posts: 23
Registered: ‎08-07-2008
0

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?

Moderator Emeritus
beamMEup
Posts: 4,470
Registered: ‎12-31-2008
0

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.
Moderator Emerita
LilMirth
Posts: 3,091
Registered: ‎08-09-2008
0

Re: Should I apply for a Pottery Barn card?

[ Edited ]

It sounds like the perfect time & situation to app, if you ask me. :smileyhappy: 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! :smileyvery-happy:

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Established Member
MmeLucie
Posts: 23
Registered: ‎08-07-2008
0

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?

 

Established Contributor
jefftca925
Posts: 706
Registered: ‎08-14-2008
0

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!  :smileyvery-happy:

CCs: Chase Freedom VS 6.9k, CSP VISA Sg 7k, BofA Amex 12.5k, Discover 10.5k, US Bank Cash+ Visa Sg 12.5k, 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, Amex Zync, Costco Amex 12k, BofA CR VS 17k, Amex BCP 9.5k, Amex ED 5k, Sears MC 9k, HD 7k, Target 600, Amazon 7k, US Bank MC 15k, US Airways MC 4k, NFL Visa 4k, Patelco Visa 10k, Penfed PR VS 44.6k, Chase United VS 13k, Chase Marriott VS 8k, Citi Simplicity 13.3k, PayPal MC 5k, Compass Visa 4k, WF VS 14k, FNBO Amex 14.1k, OCCU VISA 15k, TR Visa Sg 13.3k, Capital One QS Visa 11k, FRN MC 13.5k, HSN 4k, Saks WEMC 10k/4k, Chase Ink 18k, Barclay Arrival 10k, Ebates VS 8k, Orbitz VS 9k, NASA V 30k, USBk FP VS 17k
Epic Contributor
Creditaddict
Posts: 22,067
Registered: ‎10-23-2007
0

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.

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Contributor
MAstudent07
Posts: 117
Registered: ‎05-20-2009
0

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.

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EQ: 797
TU: 782
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Contributor
waqaszm1
Posts: 80
Registered: ‎02-27-2008
0

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.

New Contributor
KimberH
Posts: 67
Registered: ‎08-20-2009
0

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
Established Member
MmeLucie
Posts: 23
Registered: ‎08-07-2008
0

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!


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