topic Re: approved approved approved in Credit Card Approvals

approved approved approved

jeffery581 — Sat, 21 Jan 2012 16:41:31 GMT

Needed some new work clothes. Approved for Old Navy, Banana Republic, GAP and American Eagle. Low Limits but Pennys and Walmart have grown with me very nice. The new Oulet Stores just opened here so it will be nice to use them. Time to garden for sure.

Re: approved approved approved

frogfan12 — Sat, 21 Jan 2012 16:43:15 GMT

You do know that ON, BR, and Gap are all the same company, right?

Re: approved approved approved

Anonymous — Sat, 21 Jan 2012 16:45:04 GMT

wait... you got all 3?!?!?!? u should ask if they can combine them into one >_<

Re: approved approved approved

jeffery581 — Sat, 21 Jan 2012 16:45:42 GMT

Yes.

Re: approved approved approved

frogfan12 — Sat, 21 Jan 2012 16:47:04 GMT

@Anonymous wrote:
wait... you got all 3?!?!?!? u should ask if they can combine them into one >_<

+1 Pick your favorite and close the other 2.

Re: approved approved approved

jeffery581 — Sat, 21 Jan 2012 16:47:07 GMT

I didn't know you could combine.

Re: approved approved approved

jeffery581 — Sat, 21 Jan 2012 16:48:14 GMT

Is there something not good about having all 3?

Re: approved approved approved

Anonymous — Sat, 21 Jan 2012 16:49:48 GMT

i'm not sure you can but no point in having all 3 when you can use them all at the stores.. i use my ON card at gap all the time.

well you got hit with 3 inq's probably when it couldve been 1 and used that 1 card on all 3 stores.... GE needs to fix that.. if you have the ON or gap card or BR card they shouldn't approve you for the other store cards...

Re: approved approved approved

learnin113 — Sat, 21 Jan 2012 17:53:56 GMT

at least 2/3 will be eligiblefor a visa with good use, so good luck

Re: approved approved approved

Anonymous — Sat, 21 Jan 2012 17:59:15 GMT

@jeffery581 wrote:
Is there something not good about having all 3?

Well, now you have at minimum three HP's and three new TL's that will kill your AAoA's.

All you needed was the ON Card it seems.

Even if you closed the other two now, you are still stuck with those new TL's, might as well keep them open to hep with util (assuming they report a CL)

Re: approved approved approved

LS2982 — Sat, 21 Jan 2012 19:19:28 GMT

@Anonymous wrote:
i'm not sure you can but no point in having all 3 when you can use them all at the stores.. i use my ON card at gap all the time.

well you got hit with 3 inq's probably when it couldve been 1 and used that 1 card on all 3 stores.... GE needs to fix that.. if you have the ON or gap card or BR card they shouldn't approve you for the other store cards...

Re: approved approved approved

LS2982 — Sat, 21 Jan 2012 19:21:42 GMT

@Anonymous wrote:
@jeffery581 wrote:
Is there something not good about having all 3?
Well, now you have at minimum three HP's and three new TL's that will kill your AAoA's.

All you needed was the ON Card it seems.

Even if you closed the other two now, you are still stuck with those new TL's, might as well keep them open to hep with util (assuming they report a CL)

Should be independant CLI's too, nice util. hike!!!

Re: approved approved approved

jamesdwi — Sat, 21 Jan 2012 19:29:30 GMT

@Anonymous wrote:
@jeffery581 wrote:
Is there something not good about having all 3?
Well, now you have at minimum three HP's and three new TL's that will kill your AAoA's.

All you needed was the ON Card it seems.

Even if you closed the other two now, you are still stuck with those new TL's, might as well keep them open to hep with util (assuming they report a CL)

+1 you paid the price might as well keep them, you get a higher CL on your report and no AF.

and you may get different credit offers from different cards... so are 3 times more likely to get a deal at any given time.

Re: approved approved approved

NikJ4 — Sat, 21 Jan 2012 19:33:26 GMT

To OP, I also got Banana, Old Navy, and Gap. I did this because they each have small limits. I didn't want one card with a small balance to use. Plus two have potential to grow into Visa's. It's YOURS to do as you wish. I say keep and enjoy them. Just my two cents.

Re: approved approved approved

LS2982 — Sat, 21 Jan 2012 19:37:58 GMT

@NikJ4 wrote:
To OP, I also got Banana, Old Navy, and Gap. I did this because they each have small limits. I didn't want one card with a small balance to use. Plus two have potential to grow into Visa's. It's YOURS to do as you wish. I say keep and enjoy them. Just my two cents.

You done took the 3 INQ's, why close them!

Re: approved approved approved

Anonymous — Sat, 21 Jan 2012 19:56:25 GMT

All them toy cards will kill you in the long run!!! Will only breed low limit cards in the future. I was there and it was toy card hell.

Re: approved approved approved

Anonymous — Sat, 21 Jan 2012 19:59:11 GMT

"To OP, I also got Banana, Old Navy, and Gap. I did this because they each have small limits. I didn't want one card with a small balance to use. Plus two have potential to grow into Visa's. It's YOURS to do as you wish. I say keep and enjoy them. Just my two cents."

Advive from a sub 600 score, prolly not the best

Re: approved approved approved

LS2982 — Sat, 21 Jan 2012 20:01:36 GMT

@Anonymous wrote:
"To OP, I also got Banana, Old Navy, and Gap. I did this because they each have small limits. I didn't want one card with a small balance to use. Plus two have potential to grow into Visa's. It's YOURS to do as you wish. I say keep and enjoy them. Just my two cents."

Advive from a sub 600 score, prolly not the best

little below the belt there.......

The OP is free to handle the situation as he/she see's fit with however the contributors on this site give him/her information. There's no right/wrong answer to this.

Re: approved approved approved

JustMe77 — Sat, 21 Jan 2012 20:23:06 GMT

@jeffery581 wrote:
Needed some new work clothes. Approved for Old Navy, Banana Republic, GAP and American Eagle. Low Limits but Pennys and Walmart have grown with me very nice. The new Oulet Stores just opened here so it will be nice to use them. Time to garden for sure.

Yikes, opening ON, BR, and Gap? Oh well, what's done is done! If your other cards are all fairly new, it won't ruin your AAoA, and the HP's will not affect FICO in a year.

I'm really happy with my BR card. They have given generous CLIs with only SPs. Just know that if you ever get invited to 'upgrade' your BR, Gap, and ON store cards to a Visa version, that the Visa version is a brand new account (affecting AAoA once again).

Hopefully you will pay your new work clothes off ASAP, because the interest rates on the store cards (at least BR, Gap, & ON) are insane.

Re: approved approved approved

LS2982 — Sat, 21 Jan 2012 20:24:50 GMT

@JustMe77 wrote:
@jeffery581 wrote:
Needed some new work clothes. Approved for Old Navy, Banana Republic, GAP and American Eagle. Low Limits but Pennys and Walmart have grown with me very nice. The new Oulet Stores just opened here so it will be nice to use them. Time to garden for sure.
Yikes, opening ON, BR, and Gap? Oh well, what's done is done! If your other cards are all fairly new, it won't ruin your AAoA, and the HP's will not affect FICO in a year.

I'm really happy with my BR card. They have given generous CLIs with only SPs. Just know that if you ever get invited to 'upgrade' your BR, Gap, and ON store cards to a Visa version, that the Visa version is a brand new account (affecting AAoA once again).

Hopefully you will pay your new work clothes off ASAP, because the interest rates on the store cards (at least BR, Gap, & ON) are insane.

I learned the hard way with Old Navy. PIF now.