topic Re: Successful App Spree (5 Approvals, $80k total) in Credit Card Approvals

Successful App Spree (5 Approvals, $80k total)

Anonymous — Sun, 11 Aug 2019 00:41:28 GMT

What started as an application for a single rewards card turned into a week long app spree resulting in 5 approvals and over $80k in additional trade lines.

HISTORY:
I recently refinanced my mortgage after rates dropped in June. A month after closing, I noticed that the old mortgage account reported that it was paid off/closed, but the new refinance hadn’t hit my report yet.

My scores jumped as a result of the initial mortgage payoff, and I figured my approval odds were at an all time high, so I started looking for new rewards cards and settled on the AMEX BCP and Cap1 Savor. Applied and approved instantly on both! Then I caught the approval bug, and started thinking maybe I could squeeze a few more approvals out of this.

APPLICATIONS/APPROVALS:

Fast forward a week, here’s where I ended up (in this order):

AMEX BCP: Approved, $20k
Cap1 Savor: Approved $20k
Barclays Uber Visa: Approved $15k
Discover IT Cash Back: Approved $3.6k
Credit Union Platinum Rewards Visa: Approved $25k
Citi Costco Visa: Denied, called but wouldn't recon due to too many inquiries

I pressed my luck at the end, which resulted in a denial. I figured it was a long shot but I was on a roll and applied anyway.

It’s the first time I’ve ever applied for more than one card in such a short period of time, and I now have several new cards that earn great rewards (not to mention hundreds of $ in SUBs).

If anyone would like other data points, I'd be happy to provide additional info!

Time to break out the gardening tools!

Re: Successful App Spree (5 Approvals, $80k total)

AverageJoesCredit — Fri, 09 Aug 2019 13:22:49 GMT

Very efficient spree Dont mind me and my love for Disco, im just a Tool🛠🛠

Re: Successful App Spree (5 Approvals, $80k total)

Anonymous — Fri, 09 Aug 2019 13:23:56 GMT

@AverageJoesCredit wrote:
Very efficient spree Dont mind me and my love for Disco, im just a Tool🛠🛠

Thanks AJC! I'm hoping I'll start loving Disco too once I'm able to hit the luv button and get that CL up!

Re: Successful App Spree (5 Approvals, $80k total)

LakeLife — Fri, 09 Aug 2019 13:28:03 GMT

Good job on the timing and nice SLs with your approvals!

Re: Successful App Spree (5 Approvals, $80k total)

Anonymous — Fri, 09 Aug 2019 14:09:48 GMT

Congrats on the approvals and impressive SL's! Enjoy those SUB's!!

Re: Successful App Spree (5 Approvals, $80k total)

Anonymous — Fri, 09 Aug 2019 14:48:33 GMT

@LakeLife wrote:
Good job on the timing and nice SLs with your approvals!

Thanks @RobertJ

It kinda just fell into my lap...I saw the email from CK about the old mortgage account being closed, and thought "What the hell?"

I'm kinda bummed about the Citi Costco denial, but it's not surprising since it was the last app after 5 other inquiries/approvals.

Re: Successful App Spree (5 Approvals, $80k total)

Anonymous — Fri, 09 Aug 2019 14:51:35 GMT

@Anonymous wrote:
Congrats on the approvals and impressive SL's! Enjoy those SUB's!!

Thanks! There were only cash SUBs on two cards ($250 w/ $1000 spend on the BCP, and $300 w/ $3000 spend on the Cap1. Both within first 3 months). Then the Disco has the double rewards for the first 12 months.

Either way, I'm extremely pleased with the outcome!

Re: Successful App Spree (5 Approvals, $80k total)

M_Smart007 — Fri, 09 Aug 2019 15:01:17 GMT

lots of APP's, Congrats!

Re: Successful App Spree (5 Approvals, $80k total)

GApeachy — Fri, 09 Aug 2019 15:32:43 GMT

That's exhilarating and a lil' scary all rolled up in an $80K ball! Wow-weeee congrats!!!!!

Re: Successful App Spree (5 Approvals, $80k total)

Anonymous — Fri, 09 Aug 2019 16:44:07 GMT

@GApeachy wrote:
That's exhilarating and a lil' scary all rolled up in an $80K ball! Wow-weeee congrats!!!!!

Definitely a roller coaster of credit emotions, and it was a fun ride while it lasted. Probably won't be riding again for another 24 months!

Re: Successful App Spree (5 Approvals, $80k total)

Anonymous — Fri, 09 Aug 2019 19:32:48 GMT

Congrats on your sweet haul of cards! 5 out of 6 is pretty good!

Re: Successful App Spree (5 Approvals, $80k total)

Cred4All — Fri, 09 Aug 2019 20:09:53 GMT

I'd say you came out on top even with the denial, those are some great additions. Congrats on the approvals.

Re: Successful App Spree (5 Approvals, $80k total)

Anonymous — Fri, 09 Aug 2019 20:43:00 GMT

@Anonymous wrote:
Congrats on your sweet haul of cards! 5 out of 6 is pretty good!

I really wanted to keep the streak alive, but it's probably best that the 6th app was denied...I might have tried for 7!

Re: Successful App Spree (5 Approvals, $80k total)

Anonymous — Fri, 09 Aug 2019 20:46:18 GMT

@Cred4All wrote:
I'd say you came out on top even with the denial, those are some great additions. Congrats on the approvals.

Thanks! I'm definitely happy with the cards, and applied in order starting with the ones I wanted the most.

Once the inquiries drop off (and I'm past the 5/24 rule for Chase) I'm going to reapply for the Citi Costco and also app for CSR. I just wasn't ready to add CSR to my wallet right now with another AF since my AMEX Business Platinum gives me a lot of the same benefits.

Re: Successful App Spree (5 Approvals, $80k total)

nuohlac — Fri, 09 Aug 2019 21:45:00 GMT

Congratulations on your approvals!!! Your spree was very fruitful.