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Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012
0

Re: $500 Zync but want NPSL...

I'd have to caution against blindly going for the PRG as your next card. Have a look at your spending patterns first, as well as your intended redemptions. If you can't spend 30k a year to get the annual booster, the AF on the PRG will likely negate whatever rewards you receive.
FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: $500 Zync but want NPSL...


CreditScholar wrote:
I'd have to caution against blindly going for the PRG as your next card. Have a look at your spending patterns first, as well as your intended redemptions. If you can't spend 30k a year to get the annual booster, the AF on the PRG will likely negate whatever rewards you receive.

Good point, think i'll stick with the Zync until i'm ready for the BCP :smileyhappy:

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
j_casteel
Posts: 1,885
Registered: ‎06-21-2012
0

Re: $500 Zync but want NPSL...

[ Edited ]

LS2982 wrote:
What's on your ex file currently?

No delinquent accounts

Student loans with some lates from several years ago

Mortgage with a few 30 days from 2007 & 2008

Cards in sig plus AU on AMEX Blue and AU on Citi World Mastercard: All perfect history

~1% util

~5yrs AAoA

~650 EX FICO...seen the FICO on it since 7/28 which was their last SP on me they used on my app back on 8/5. So it may be higher now.

 

Forgot to add that i have 4-5 inq's the past year.

| Walmart $5k | Amazon $5k | NFCU $19.5k | NavChek $15k | Lowes $17k | BoA WMC $15k | Freedom $3k | Discover $4k | CSP $5k | Marriott $5k | Costco TE $9k | BoA Alaska $5k |
Starting Scores: EQ:571 EX:??? TU:597
Current Scores: EQ:686 EX:709 TU:703
Goal Scores: 700
across the board
Valued Contributor
j_casteel
Posts: 1,885
Registered: ‎06-21-2012
0

Re: $500 Zync but want NPSL...

[ Edited ]

CreditScholar wrote:
I'd have to caution against blindly going for the PRG as your next card. Have a look at your spending patterns first, as well as your intended redemptions. If you can't spend 30k a year to get the annual booster, the AF on the PRG will likely negate whatever rewards you receive.

I have basically replaced my debit card with my Zync card. Just the past few months I have averaged ~$2k through it. That's with not even using it for every single daily purchase. I'm sure if it didn't have the $500 hard limit then I could use it even more so since I wouldn't have to worry about making weekly payments. The ultimate goal is the BCP, but it seems to be easier to get a charge card. So the plan is to app for the PRG and if approved then app for the BCP. If I get the BCP then I will use the PRG until the AF is due then PC it down to the Zync with NPSL. But since I'll have the BCP I'll get the benefits I need/want. If I don't get the BCP then I'll just use the PRG like I do my Zync currently, but even more so. I have several packs on my Zync so the AF difference won't be that much anyways. At least til I can get the BCP.

 

*I may go after the BCE though since it offers good rewards with no AF.

| Walmart $5k | Amazon $5k | NFCU $19.5k | NavChek $15k | Lowes $17k | BoA WMC $15k | Freedom $3k | Discover $4k | CSP $5k | Marriott $5k | Costco TE $9k | BoA Alaska $5k |
Starting Scores: EQ:571 EX:??? TU:597
Current Scores: EQ:686 EX:709 TU:703
Goal Scores: 700
across the board
Valued Contributor
j_casteel
Posts: 1,885
Registered: ‎06-21-2012
0

Re: $500 Zync but want NPSL...

Well, I decided to go for the PRG since it would just be a SP.

 

App'd and it said it is pending further review?? At least it's not an instant denial.

| Walmart $5k | Amazon $5k | NFCU $19.5k | NavChek $15k | Lowes $17k | BoA WMC $15k | Freedom $3k | Discover $4k | CSP $5k | Marriott $5k | Costco TE $9k | BoA Alaska $5k |
Starting Scores: EQ:571 EX:??? TU:597
Current Scores: EQ:686 EX:709 TU:703
Goal Scores: 700
across the board
Valued Contributor
jsucool76
Posts: 2,843
Registered: ‎12-11-2011
0

Re: $500 Zync but want NPSL...


j_casteel wrote:

Well, I decided to go for the PRG since it would just be a SP.

 

App'd and it said it is pending further review?? At least it's not an instant denial.


Careful if you decide to recon. From what I've read during a recon you can get a HP even if denied because they review your report manually. 

Wallet: Capital One Quicksilver 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 3000CL, Walmart Discover: 3500CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 2600CL, Bank Of America Student Travel Rewards: 2700CL, Amex PRG
Valued Contributor
j_casteel
Posts: 1,885
Registered: ‎06-21-2012
0

Re: $500 Zync but want NPSL...


jsucool76 wrote:

j_casteel wrote:

Well, I decided to go for the PRG since it would just be a SP.

 

App'd and it said it is pending further review?? At least it's not an instant denial.


Careful if you decide to recon. From what I've read during a recon you can get a HP even if denied because they review your report manually. 


yeah, i'll just call them tomorrow and see what they need. perhaps, its will just be something like that. If not, then at least i'll get a free EX FICO and a list of what i need to work on; all for just the cost of a SP.

| Walmart $5k | Amazon $5k | NFCU $19.5k | NavChek $15k | Lowes $17k | BoA WMC $15k | Freedom $3k | Discover $4k | CSP $5k | Marriott $5k | Costco TE $9k | BoA Alaska $5k |
Starting Scores: EQ:571 EX:??? TU:597
Current Scores: EQ:686 EX:709 TU:703
Goal Scores: 700
across the board
Established Contributor
laboi_22
Posts: 634
Registered: ‎07-07-2011
0

Re: $500 Zync but want NPSL...

My past experience was when I was SP denied, I was denied right away. Pending meant approved after one call on Monday. Good luck! I think you might have this. Also it's a wonderful card. I wouldn't app for the BCP if approved. You have a year to try it out. In one year if all is well pay the AF. If you don't like it then app BCP and close PRG. It's an awesome card the PRG. I personally prefer charge cards from AMEX like the no utL factoring and the MR points if used correctly can be worth 0.2-0.3 cents per point!! Be sure to update us!!
Current Scores: EX - 728 FICO (5/11/13) TU - 771 FICO (7/02/13) EQ ??

Current Cards: Chase Freedom $5,000, CSP $5,700, BofA Visa Signature $15,000, AMEX BCE $6,000, Walmart $4,150, Gap Visa $10,000, JC Penny $5,800, Lowes $8,500, Dillard's AMEX $8,000, AMEX Hilton HHonors - $2,000, Chase United $12,000, Citi AAdvantage & Simplicity $6,000/$6,000, SPG AMEX $1,000
Valued Contributor
creditnocash
Posts: 2,201
Registered: ‎07-23-2012
0

Re: $500 Zync but want NPSL...

on the 500 limit do you have auto pay setup? 

 

putting through 2k in one month is high for me as i only make 1800 a month but idk how that works. 

i know they preauthorized my checking account but do they only take out on due date or if you hit your max they take out automatically or do you make serval payments during and whatever is left over it auto debits it? 

 

 

and btw good luck on the app!

Current: Discover Fico 689 8/14 Walmart Fico 697 8/14

Inquiries (24 Months): EQ 6 TU 3 EX 4 | Most Recent: 09/04/2013
2 Inquiries in The Last 12 Months


2014 Goals:
Lower Utility

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Established Contributor
kobe2012
Posts: 690
Registered: ‎03-16-2012
0

Re: $500 Zync but want NPSL...


OlegWasHere wrote:

on the 500 limit do you have auto pay setup? 

 

putting through 2k in one month is high for me as i only make 1800 a month but idk how that works. 

i know they preauthorized my checking account but do they only take out on due date or if you hit your max they take out automatically or do you make serval payments during and whatever is left over it auto debits it? 

 

 

and btw good luck on the app!


^^^ i'm curious about how the auto pay works as well


Starting Score: TU: 598 03/23/2012 EQ:607 05/24/2012 EX:607 04/26/2012 (lender pull) EX FAKO:522 03/2012
Current Score: TU(Myfico)04/2013:689 EQ(Myfico)04/2013:701 EX(AMEX pull)04/01/2013:675 (CreditSecure FAKOS) 5/14/2013 EX:726 EQ:701 TU:730 TU(Walmart):699
Barclay Rewards:5k/Cap1:$3.5k/Cap1:$2.5k/Citi TYP:2k/Freedom:$5k/Slate:3k/Marriott visa sig 5k/BCE:$1k/Zync: $500 PSL/Discover IT:$1.9k/Walmart:$8k/Chevron:$5k/Gap:$5k/Kay:$3.4kk




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