topic Re: Credit Card Application Spree in Credit Card Approvals

Credit Card Application Spree

NuMeNuDay — Wed, 04 Dec 2019 07:06:05 GMT

For 2020, I needed to get into shape with my business credit (I was using personal cards for business expenses).

I decided to apply for several (I think I applied for 12 +/-) new cards (before freezing my accounts again) on November 4th, I received more than I though I would and only had a few inquiries post on my account. Especially since I know many CC companies do not want to approve cards in the same years, let alone days.

My scores at the time were EQ 704, TU 714, EX 707. I have taken great strides to pay off my total $50k in credit card debt in from Feb to Dec 2019. All cards will be 100% paid off by Dec 31, 2019! But I do have them set up for autopay on my monthly bills and then auto payment for cc payment due dates.

I applied and was approved for:

AMEX (Platinum Business, Platinum Personal, and Blue Business Plus - $5k)
CHASE (Reserve Saphhire - $11k and Ink Business Preferred - $5k)
APPLE Card - $5k
Alliant CU CC - $15k
PenFed Platinum Rewards - $7.5k
Discover IT Miles - $5k

Out of the CCs approved, the AMEX Personal Patinum, Chase Sapphire Reserve, PenFed Platinum, and Apple card was auto approved. However, I did have to speak to the CC reps for the other cards, edpected to get denied since I was just approved for cards, with them (especially Chase and AMEX) and outside of their company, but low and behold I got approved!

Additonal CC Wins

Received an upgraded CC from NFCU from Go Rewards to Flagship Signature Card due to my credit history with them. (no CLI yet)
Received an auto CLI from Paypal of $1500
Received an auto CLI from SDFCU CC of $2500

Happy Credit Growth to Everyone!

PS: One day I look forward to having a snazzy signature line to show my progress!

Re: Credit Card Application Spree

AllZero — Wed, 04 Dec 2019 07:07:02 GMT

Congratulations on your approvals!

Re: Credit Card Application Spree

FireMedic1 — Wed, 04 Dec 2019 10:50:45 GMT

Holy smokes. Nice job getting all those new shiney cards. Can you say garden time till 2021? LOL!!!!! Congrats and Happy Holidays! 🌲

Re: Credit Card Application Spree

AverageJoesCredit — Wed, 04 Dec 2019 12:05:48 GMT

Sprees are back!

Nice job

Re: Credit Card Application Spree

gdale6 — Wed, 04 Dec 2019 12:24:35 GMT

Quite a run, grats to all

Re: Credit Card Application Spree

Drwaz99 — Wed, 04 Dec 2019 13:05:30 GMT

Dang, nice haul! Congrats!

Re: Credit Card Application Spree

Malcono — Wed, 04 Dec 2019 16:57:28 GMT

wow, very nice spree.

and congrats on getting all of that credit card debt paid off.

Re: Credit Card Application Spree

M_Smart007 — Wed, 04 Dec 2019 17:53:05 GMT

Congrats ..

Re: Credit Card Application Spree

NuMeNuDay — Thu, 05 Dec 2019 11:13:16 GMT

@FireMedic1 - Thank you so much! I was completely shocked after teh two AMEX Platinums received back to back approvals!

Yes, I am gardening until after closing on my house when I return stateside mid-late 2021, went back and froze my CBs right after to ensure I don't do nothing else. LOL

Re: Credit Card Application Spree

NuMeNuDay — Thu, 05 Dec 2019 11:16:03 GMT

@AverageJoesCredit - Thank you so much! I don't normally do sprees, but I got teh AMEXs and thought wellhell everyone should be givign me approvals! LOL

Re: Credit Card Application Spree

NuMeNuDay — Thu, 05 Dec 2019 11:17:16 GMT

@gdale6 - Thank you!

Re: Credit Card Application Spree

NuMeNuDay — Thu, 05 Dec 2019 11:18:18 GMT

@Drwaz99 - Thank You!

Re: Credit Card Application Spree

NuMeNuDay — Thu, 05 Dec 2019 11:19:09 GMT

@Malcono - Thank you!

Re: Credit Card Application Spree

randomguy1 — Thu, 05 Dec 2019 19:27:27 GMT

Holy moly. Congrats.

That's about 20+k in MSR in 90 days.

Re: Credit Card Application Spree

Anonymous — Thu, 05 Dec 2019 23:11:25 GMT

Where was PenFed in the spree? Early, late, middle?

Re: Credit Card Application Spree

NuMeNuDay — Fri, 06 Dec 2019 08:44:23 GMT

@Morpho - Actually, I applied for everything on the same day, hoping to corral all the inquiries into a group (didn't really work though LOL), but I applied to them probably towards the end. I literally sat at my computer and did the AMEX first (checking the pre-approval first and then went for the business one first). I applied for everything on 11/4.

Interestingly enough some I applied for gave me the give us a few days notice, so I did not think I got approved, and then each told me to call (or called me) to confirm my information. Here was kinda how it went from my shoddy memory:

Applied on 11/4:

AMEX Platinum Business (applied and given notice to call for additional info - called 11/5 and found out nothing else needed but for me to confirm my busienss structure - I put sole prop, but they noted my busienss name had LLC, and when i confirmed I am an LLC not a sole prop, but that there was no option for LLC she updated my app and then told me congratulations!)
AMEX Platinum Personal (Instant approval)
AMEX Blue Business Plus (applied on 11/8 due to the AMEX Platinum does not normally carry balances, and wanted an AMEX I could carry a balanace on if necessary - approval process same as AMEX platinum business, but I watched the online app status checker and it was almost a week and a half before it went to the next steps of them requesting me to call - I did not rush it, I just let it sit until they updated) - I was surprised they gave it to me - she noted I am an AMEX member, since she thanked me for being a long-time AMEX member, I did not correct her, just said thank you! I love my AMEX. LOL)
CHASE Reserve Saphhire (Approved Instantly)
CHASE Ink Business Preferred (I had applied for this and the Chase United Card - they called me about the Chase United and went over everythign, she noted I had another pending application and I knew I wasn't getting the United card, so I hammed it up and said i was looking to obtain a card I could use for my business transactions and I would prefer the business one, but the United had perks I could also use for my frequest overseas travel. So she confirmed I was not approved for the United card, but let her see what she could do for me for the business card, she came back and said she approved me for the business card)
APPLE Card (Instant Approval)
Alliant CU CC (Instant Approval)
PenFed Platinum Rewards (This process is a little different, their online application goes through everything manually I think, I applied and a couple days later checked and saw it was approved, I did not have to talke to anyone, but I have a personal loan with them as well, so that may have helped (I honestly thought it wuld hurt me) and then it was cleared. Their process is pretty easy.)
Discover IT Miles (Applied and got a notice to call them a couple of days later and I did an talked to the nice rep and he asked a question or two and then approved me over the phone.)

All in all I lucked up, because I felt for teh ones I had to call or they called me, I was for sure thinking they could see my app spree (especially since I trief for multiple cards from the same companies (Mainly AMEX (5 applied for, got 3)and Chase (4 applied for got 2) they were the cards I did not get out of the full spree)

Re: Credit Card Application Spree

NuMeNuDay — Fri, 06 Dec 2019 08:49:49 GMT

@randomguy1 - Thanks! I ended up with almost 60k in new TLs/CLIs, it was totally unexpected, but grateful. I only have about $12k in CC debt left, and this was wodnerful on my utilization!