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What Gardening? Hit the Trifecta Today!

Established Contributor

Re: What Gardening? Hit the Trifecta Today!

In case anyone is interested, my current EX profile showed 11 inquiries total, but only 4 were within the past year, and none in the last 6 months.

 

I have no negatives whatsoever on my report, with a revolving utilization of about 40%, an open car loan, about $50,000 in unpaid/deferred student loans, and an AAoA of 5.8 years.

 

Just wanted to throw that out there to maybe help someone if they were wavering and on the fence about applying... Smiley Tongue 


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Established Contributor

Re: What Gardening? Hit the Trifecta Today!


MsLadyRover wrote:

Very nice!  CONGRATULATIONS!


Thanks!


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Established Contributor

Re: What Gardening? Hit the Trifecta Today!


digitaldiva wrote:

Awesome!!  Congrats!


Thank you!


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Established Contributor

Re: What Gardening? Hit the Trifecta Today!

Does anyone know how long it typically takes AMEX to send out new cards?

 

I know it didn't take them long to add one of the accounts to my EX report - it was already showing up when I pulled a new CMS report this AM.


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Mega Contributor

Re: What Gardening? Hit the Trifecta Today!

CONGRATS!!!!!

 

And nice CL on the BCP!!!




EQ FICO 548 3/3/16
Regular Contributor

Re: What Gardening? Hit the Trifecta Today!


TNTransplant wrote:

Does anyone know how long it typically takes AMEX to send out new cards?

 

I know it didn't take them long to add one of the accounts to my EX report - it was already showing up when I pulled a new CMS report this AM.



Fast. I got mine within a few days of apping, while it took Chase a couple more and Wally World nearly two weeks. I have also heard of others receiving theirs within 2-4 days of being approved, which seems to suggest it isn't abnormal for them to get down to business.

Established Contributor

Re: What Gardening? Hit the Trifecta Today!

I would expect you would get a good score increase as well. The utilization will drop big time with the bcp and i woild think that will more than offset any inquiries/new acct points that you may lose. If it takes you under 10% util and you keep it there, then you should be sitting really nice for the rest of the year. Congrats
Established Contributor

Re: What Gardening? Hit the Trifecta Today!

Thanks LS and DI,

 

I haven't received a new card for a while, so this will be like Christmas in May... Smiley Happy

 

Chris123inTx,

 

I should be able to get both cards backdated to 2006, and the resulting BCP reduction in utilization will bring me from just over 40% to 33% on my revolving debt (will be Sept/Oct before I get utilization < 10%).  I will also have a new tradeline reporting with the upgrade to Walmart Discover, so it will be interesting to see what effect this has on my scores - I'm hoping they at least stay about the same.


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Established Contributor

Re: What Gardening? Hit the Trifecta Today!

One more question, then I'll shut up for a while...

 

I need to meet the spend requirement for BCP ($1000 in 3 months) to get the $150 statement credit, but I'm also wanting to use the Green card to develop a usable NPSL. My dilemma is that in order to maximize my rewards, I should probably primarily use the BCP.  I have school tuition that I'm paying out of pocket for the upcoming summer session ($2600), so I will be putting that on one of these cards and then be paying it off as soon as it reflects on my account.  

 

So, what would be best?  

 

1. A reasonably large one-time charge on Green, and then not much further use (I would love the airline tickets/travel rewards, but not sure I'd spend enough to make this worthwhile), or

 

2. Go ahead and charge the tuition on BCP and just continue to primarily use this card for the cashback rewards?

 

Any thoughts on which way I should go with this?   


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Valued Contributor

Re: What Gardening? Hit the Trifecta Today!

Mr points is worth .02-.03 cents when used properly as airlines miles or hotel points. Otherwise you are lucky to be able to get .01 in gift cards. So will you earn enough to get a flight? Otherwise the blue cash rewards is easier to get and more tangible. If not sure, I would just do the blue cash. You might want to do one month of expenses on green to build npsl limit. Pay it as often as you need. Your internal limit will skyrocket.
               LIMITS IN CARD DESCRIPTIONS