05-05-2010 10:02 PM
05-06-2010 03:09 AM
Try the Best Buy RewardZone Mastercard
you can try there pre approval site here https://www.hsbcapply.com/start/rewardzonemastercard?media=B5IM29H20061100001EM
05-06-2010 03:18 AM - edited 05-06-2010 03:19 AM
I would try to limit your exposure on the store cards. 1 no more than 2. You shop at Walmart? Good get that and no more. They even have a cash back on the card. Comes in handy when you need to get a keg for a party. Store cards on a credit report are like cat litter. Too many won't look good down the road.
05-06-2010 03:47 AM
Hello, I'm looking to apply to some store and wanted to know who is easy to get and what credit place they pull? I shop at sams, walmart, target, macys, dillards that's about it. I have one credit card which I open in march of this year, no other credit. I'm a 21 yr old college student. I'm trying to add to my report so I can get more credit cards in the future. Please give advice!
I've read your other posts on this same question.
My advice is to slow down. Don't app for anything. Wait at least 6 months, preferably longer. Let your 6-week-old credit history mature a bit. The rest will take care of itself if you just give it time.
At age 21, I know 6 months seems like forever, but it's not. If you continue to app now for anything you can get, you will be stuck with a boatload of low-limit cards (if you can even get them) and inquiries that won't fall off for another 2 years (which, BTW, is four times longer than 6 months). You will miss out on opportunities for receiving pre-approved offers for decent credit limit bank cards that historically are sent to recent college grads with thin files, but good payment history on just one small CL account.
I've got a couple of nieces just out of college within the last two years. I gave each of them this same advice. Niece #1 listened, and now has two bank cards with nice limits for her income, as well as a couple of good store cards. Niece #2 didn't want to wait, she went to all the stores, did all the apps, did the online bankcard apps, got turned down repeatedly, but finally got a $200 Target card and not much else. And that's where she's at right now.
Where do you want to be credit-wise when you're out of school?
05-06-2010 05:55 AM
05-06-2010 07:03 AM
I would use your existing card for everything you spend on.
I would never go over the limit, always give yourself at least a $50 cushion. Track your spending every day. Keep your receipts.
I would pay that card off in full, every month. If necessary, pay it off several times a month (whenever you hit that $250 balance, pay it off in full, even in mid-cycle). If you are using that card to the extent that you have to pay it off several times a month, you won't have to ask for a CLI. The bank will offer it, or upgrade your card.
Never, never, never ever be late in paying...ever! (One member on these boards has that as his/her siggy, and I've always loved it... it's critical to your credit health). There's no such thing as "only a day late", or "only 45 minutes late". Late is late. Don't ever be late!
Six months down the road, you may want a store card or you may not. Nobody really needs them, regardless of the credit-mix thing for scoring purposes. It's just not worth it unless it's a high limit card, which you probably aren't going to get in six months.
Please just be patient. You are building a foundation here...let the concrete set before going any further.
I truly wish the best for you, and think you'll do OK in the long run. But that's what it is...it's not a sprint.
I hope this helps!
05-06-2010 10:27 AM
Macy;s will be co-branded with AMEX network soon, rather than VISA. CitiBank not American Express is underwriter. IMO, good choice for next application.
Meh. I've posted that I love my Macy's. But they're not currently reporting CL's; and evidently they will continue that behavior moving forward. They are off my "luvy" list.
I've got to +1 everything Uborrow-Upay posted here.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† 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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.