have you pulled your reports from here yet? 

having a 5k credit card is a good sign depending on your other cards. 

they dont just give those away  

what do your other accounts look like? utility? aaoa? etc... 

the negative score gained from the inq will recover in a year and the new account ding is about 6 months. 

Current: EQ FICO 690, TU FICO 692, Walmart TU 737 EX FICO 726 Amex Pull(1/1/13) Starting total revolving credit: $2600 | Current total revolving credit: $21,600 Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012

2013 Goals: Freedom Signature Costco:True Earnings

Amex Zync(Unicorn) Chase Freedom$1500 Citizens Mastercard$5000