Valued Member
jf49rs
Posts: 35
Registered: ‎02-05-2012
Open 5 credit cards resently

Hi how long should I wait before applying for American express? I just got approved for a discover more for $5500, BCU visa card $1000, Papal Master card $1500

walmart card $600.00 chase freedom 500.00and just refinanced my car 

How long should I wait to app for a america express card?

 

Thanks

Established Contributor
armbenderc
Posts: 794
Registered: ‎09-11-2012
Re: Open 5 credit cards resently

jf49rs wrote:

Hi how long should I wait before applying for American express? I just got approved for a discover more for $5500, BCU visa card $1000, Papal Master card $1500

walmart card $600.00 chase freedom 500.00and just refinanced my car 

How long should I wait to app for a america express card?

 

Thanks


Seems like 6 months is the magic number... or maybe 12 months.

 

Current Score: Amex Plus (02/13): 728 EX, 728 EQ, Discover LP (03/13): 731 TU, Walmart TU08 (04/13) 734
2013 App'd: 03/01/13 - Discover IT (Approved), 03/04/13 - Amex BCE (Approved), 05/04/13 - CSP (Approved)
Established Contributor
JusdoNit
Posts: 921
Registered: ‎12-10-2011
what does your scores look like?

what does your scores look like?


Starting Score: 722
Current Score: Now 687 what the hockey sticks...from a 784 (Aug 12 EX 751 EQ Fico)
Goal Score: 800

If your outGo is more than your INcome than your UpKeep will become your downFALL.

Take the FICO Fitness Challenge


Valued Contributor
Epcot
Posts: 2,592
Registered: ‎10-10-2012
Re: what does your scores look like?
Congrats on those approvals. How long ago did you get approved for them?

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 777 EX 767 TU 771
App free since 4/11/12
Regular Contributor
iCoop
Posts: 105
Registered: ‎05-06-2012
Re: what does your scores look like?

I would wait a good 12 months to let your inquiries go down a bit and for the accounts to report.  At this point you may get a higher starting limit therefore at the 61-day mark you can attempt a 3X CLI for even higher. If you attempt too soon you will get stuck with a low limit like some of the cards you just posted instead of a higher limit for having less inquiries and a higher AAoA.


Starting Score: EQ 675 | TU 688 | EX 702
Current Score: EQ 692 | TU 730 | EX 702
Goal Score: 750 (Across All 3)


Take the FICO Fitness Challenge
Valued Contributor
Repo-ed
Posts: 2,602
Registered: ‎02-09-2012
Re: Open 5 credit cards resently
at least 6mo. and with low util%

Starting Score: TU:650 - EQ: 672
Current Score: TU: 706 - EQ: 680 - EX: 699
Goal Score: 700

Take the myFICO Fitness Challenge
Valued Member
jf49rs
Posts: 35
Registered: ‎02-05-2012
Re: what does your scores look like?
[ Edited ]

Just yesterday and today I was aproved for the walmart card

and thanks

Valued Member
jf49rs
Posts: 35
Registered: ‎02-05-2012
Re: what does your scores look like?

My fico scores are on the 680's and I just bought a house last month but haven't made a payment yet $280k loan on the mortgage

New Contributor
baronofthenorth
Posts: 71
Registered: ‎03-19-2011
Re: Open 5 credit cards resently

jf49rs wrote:

Hi how long should I wait before applying for American express? I just got approved for a discover more for $5500, BCU visa card $1000, Papal Master card $1500

walmart card $600.00 chase freedom 500.00and just refinanced my car 

How long should I wait to app for a america express card?

 

Thanks


Does that one give you a special discount at the Vatican?  LOL

EQ FICO 695 (4/26/2012)
TU FAKO CK 723
Lender Pulls (for mortgage) 12/03/2012 - 698 EQ, 729 TU, 721 EX
Business Cards: Discover Business Miles and US Bank FlexPerks Cash Rewards
Personal Cards: Capital One, Chase Freedom, Chase Amazon, Wells Fargo Rewards, Amex Zync NPSL, Target, Chevron/Texaco Store Card and VISA, CareCredit