topic Re: TOO Many New Cards In The Last Week in Credit Card Approvals

TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 03:52:41 GMT

Hello I am new to the forum and think it is wonderful. Up until Feb this year, I had 4 credit cards and my most recent was in 2012. In Feb, I app and was approved for a Citi Simp and in April, Citi DP. In the last few weeks I have been looking and reading the forum. I guess I was bit by the bug and went on an app spree. Last week I app for a Amex BC with a 6,500 limit. Then I tried for a Chase Slate for 3,000. I said to myself, I was done right there. The next day I app for a Chase SP for 5,000 and then a Citi DC for 3,000. Again, I was done. But, later in the week I wanted a CU card. So, I joined Penfed and got the promise card with a 2,500 limit. I was really happy with all of those approvals and I said to myself I am done and will ask for a CLI in 61 days for the Amex and app for a new Penfed of ask for a CLI before the 60 days are up. Well yesterday, I joined and app for the NASA PCR and was approved for 10,600! That was what I was looking for all along. I wanted a card with at least a 10,000 limit. Well, I didnt stop there. I was reading the forum tonight and wanted a Barclay Ring. So, I pushed my luck and app. I got the 10 day notice. As, I read on here I called the recon line and was approved for 5,000. The rep said I have a lot of inquires lately. LOL I am officially done. I think I have pushed the limit and will garden. I want these cards to mature and get a higher CL over time. All I will do is to see if I can get 3x CLI on the amex and a CLI on the PenFed in 60+ days. Good thing my new Amex is backdated to 2000 with all these new cards. Is this normal to get 7 cards in a little over 10 days?

Re: TOO Many New Cards In The Last Week

OmarGB9 — Sun, 16 Aug 2015 03:56:38 GMT

Sorry to burst your bubble, but Amex no longer backdates...

But congrats on your app spree nonetheless. Nice SLs too. And some members on here have done the same or even more in 7 days lol.

Re: TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 03:58:38 GMT

Even though it says member since 00? Oh well not a big deal if they don't. Thanks for the input.

Re: TOO Many New Cards In The Last Week

OmarGB9 — Sun, 16 Aug 2015 04:05:12 GMT

Correct, the card and your online portal may say that, but you won't get the actual backdating benefit (history) on your credit reports for new cards. I believe they stopped backdating back in March/April.

Re: TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 04:09:24 GMT

Welcome to MyFico and congrats on your approvals. And yes, the backdating ship sailed away a while back.

Re: TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 04:15:43 GMT

Boo to Amex and thank you! I still have a lenghty credit history of 16 years. And I believe the AAoA is around 6 years.

Re: TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 06:22:36 GMT

where's the discover it card?! double cash back son!

Re: TOO Many New Cards In The Last Week

MissMoni223 — Sun, 16 Aug 2015 19:00:12 GMT

CONGRATS on your App Spree!!!

Re: TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 22:28:34 GMT

Congrats!!!!! What a run.

Re: TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 22:32:18 GMT

Wow, Congrats on all of the approvals!

Re: TOO Many New Cards In The Last Week

signaturecardmember — Sun, 16 Aug 2015 22:35:54 GMT

Congratulations! now time to garden!

Re: TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 22:39:48 GMT

Congrats!

Re: TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 23:20:11 GMT

@Anonymous wrote:
where's the discover it card?! double cash back son!

Funny you mention that. lol I forgot, I also app for that and got a call for more info. I called and the CSR, and he said, why did I want to app for another card? I told him to forget about it and I would keep the current DC I had. I believe I was approved. BC, he mentioned something about combining limits. I called the next day to see if I could open the app again and I was told it would be another HP. Is this true?

Re: TOO Many New Cards In The Last Week

Anonymous — Sun, 16 Aug 2015 23:22:53 GMT

Thanks everybody, as it feels good to get these approvals! I still want to app for other cards. But, I think I will chill for a min.

Re: TOO Many New Cards In The Last Week

Anonymous — Mon, 17 Aug 2015 00:35:56 GMT

idk about the second HP being true or not. someone else may have a more defined answer, though.

Re: TOO Many New Cards In The Last Week

Anonymous — Mon, 17 Aug 2015 02:14:11 GMT

Congratulations on all the approvals!! It is highly addicting, and take it from me, who did the same thing this year, I had 2 CC's, paid them off and swore I wouldn't ever app for a card. Found myFICO and realized the benefits of rewards cards, and since January I went from 2 cards, down to 1 card (Amex) and then app spree took me to 15 cards total to date. I have since closed 2 cards.

The AMEX Costco card was to 2001, and when I closed it and then got the AMEX BCE, I thought it was backdated, but missed it by about 2 weeks. My new BCE card does show 2001, but the new card does not backdate to it unfortunately. Below is the link to the big thread about this.

http://ficoforums.myfico.com/t5/Credit-Cards/Amex-No-Longer-Backdating-to-Credit-Bureaus/m-p/3907659#M1091193

Re: TOO Many New Cards In The Last Week

Anonymous — Mon, 17 Aug 2015 04:54:02 GMT

CSP and no Freedom? Once all those cards report you'll be cut off from CSP's best friend for 2 years

Re: TOO Many New Cards In The Last Week

Anonymous — Mon, 17 Aug 2015 05:09:29 GMT

Super congrats on your amazing app spree!

Re: TOO Many New Cards In The Last Week

BrickTime — Mon, 17 Aug 2015 05:26:55 GMT

Interesting. I got an AmEx Hilton Surpass and PR Gold last July (2014) and both back-datedon my credit report to 1995.

I must have gotten in just under the wire.

Re: TOO Many New Cards In The Last Week

Anonymous — Mon, 17 Aug 2015 05:59:20 GMT

wow !

@OmarGB9 wrote:
Sorry to burst your bubble, but Amex no longer backdates...

But congrats on your app spree nonetheless. Nice SLs too. And some members on here have done the same or even more in 7 days lol.