Re: To fellow 800 Club members (Advice on the last Hoorah)
04-15-2012 11:24 AM
I mena if you follow anything I do I'll apply for anything, half the time with no use!
But the fact that the next highest CL after the $20k with Amex is $5300 and not wanting to apply unless you get $10k plus, although score and everything deserves it some of these automated approval computer systems will kick down the initial CL just based on your average CL on your accounts.
If you know car, marriage, home? are coming in the next couple years you can afford a couple INQ right now, start with Home Depot, get an underwriter and ask for $20k
not sure Chase is worth it or not, sometimes people get very large lines and others can't get out of $1k, it's almost like Cap1 or something!
go ahead and apply for the discover
a 2nd amex would probably be EASY and getting $25k on your current Delta and a new one would probably take very little time.
Then you have an entire year to sit and the new accounts age and inq to go away to then get the car etc.
Navy Flagship Visa, American Express Blue Cash Preferred, American Express Costco, Macy's American Express
~Cards in My name kept Active:
3 Target Cards, Cap1, Best Buy MC, Kays, Von Maur, FNBO Secured
~Cards in Holding AU or Joint: 2 Discover it, Chase Freedom, Bank of America, Navy Federal Cash, Wells Business Credit Card, USAirways Business Card, AA Business Card, Best Buy Store, SAKS, Bloomingdales... I'm sure I'm forgetting something in my car!