topic Re: Three Credit Card Approvals in the span of 5 days!!!! in Credit Card Approvals

Three Credit Card Approvals in the span of 5 days!!!!

Mones — Sun, 05 Jun 2022 18:28:51 GMT

Hi, I've been on this forum for a couple of months now and I recently turned 18. I've been looking for advice on what credit cards cards to open early on in order to garden my credit score so that after college I can start out one step ahead. I convinced each of my parents to sign me up as an authorized user on one of each of their cards so I waited till both cards came up on my Experian report (8 years and 8 months average age of accounts and $13,000 credit line between both) so I'm assuming this probably helped with my applications but I didn't push my luck very far with the applications either so who knows?

So, onto the applications: ($18k income, 18 year old)

I applied to Discover It Student Cash Back on my birthday (a couple weeks back) and got an email stating I had to verify my SSN with a photo, I never did it. (Only a Soft Pull)

On 5/28, I applied to Macy's credit card at the store in order to save some money (that's the best part about credit cards right?). I wasn't really excited at the time since it was a hard inquiry but at least I saved a decent amount on my purchase (Maxed out the Credit Line but I have the money to pay it off) and got my first approval. I learned later that I didn't qualify for the AMEX but I will be trying the 30 day CLI that seems to work very well on this card and shoot for the AMEX version in December.

Macy's store card: $300 limit which is the card minimum but you have to start off somewhere and the card is known for insane CLI growth so I'm looking forward to that and then converting to AMEX! (Pulled Experian)

That same night, I decided to hit it and impulsively applied for the Chase Freedom Flex (I bank with Chase so I thought this would also be an easy approval and I wanted to apply before 2/30 since Discover never had a HP). I ended up being denied at the start but more on this later.

On May 31st, as I had gotten two hard pull on my credit report (Chase app was very good at having push notifications sent within 15 minutes both times), Discover sent me an email saying my application had been approved but I rechecked my Experian Report and there still was no HP (so I could still call Chase Reconsideration without being over 2/30 chase autodenial)

Discover It Student Cash Back: $500 limit (minimum limit but it has good cash back and I can definitely put spending on it as I start college)

Back to Chase application, I saw my denial on Monday, May 30th then I called reconsideration on May 31st, explained that I banked with Chase for a while now and I wanted to grow the relationship as I try to build my credit. (They said Chase was worried about credit history and I just said, I'm an 18 year old, do you expect me to have 10 years of credit history with another bank?) I waited a day and on June 1st the card appeared in my Chase App. My limit was probably so high due to my deposits there and having had direct deposit there, I'm definitely pleased with this card especially the benefits and the high limit which Chase isn't known for. I think the banking relationship was a large part of the reconsideration and approval with such a high limit. I recommend the reco line to any Chase denials with a good reason to back yourself up.

Chase Freedom Flex (Official Approval on June 1st): $2,200 limit (pretty high if you ask me but it will give me a good cushion to have a low utilization rate) (Pulled Experian)

Ending Summary (TLDR):

- Three credit approvals on the span of a 5 days (Two Experian Pulls)

- Macy's Store Card ($300 SL) [Sadly no Amex approval at this point]

- Discover Student Cash Back ($500 SL)

- Chase Freedom Flex ($2,200 SL) [told me my score was 674 pulled from Experian]

I plan on gardening till December, putting spend on the cards (and paying off Macy's), pay off before the due date, have a low utilization rate so I can hopefully get CLIs on Macy's and Discover and get approved for Macy's Amex. Definitely still surprised about Chase, the Flex's UR points will definitely become more useful after college!

Re: Three Credit Card Approvals in the span of 5 days!!!!

CreditAggie — Sun, 05 Jun 2022 18:26:43 GMT

Congratulations on your approvals!

Re: Three Credit Card Approvals in the span of 5 days!!!!

babygirl1256 — Sun, 05 Jun 2022 18:34:50 GMT

Congrats on your Chase Freedom Flex, Macy's and Discover Student Cash Back approvals. Best wishes to you as you start to build your credit file. Remember to spend only what you can pay and not let friends use your credit with a promise of repayment . . . that was one of my major previous credit problems.

Re: Three Credit Card Approvals in the span of 5 days!!!!

CreditMagic7 — Sun, 05 Jun 2022 18:42:06 GMT

Congratulations on all those new approvals!

Re: Three Credit Card Approvals in the span of 5 days!!!!

gdale6 — Sun, 05 Jun 2022 18:58:56 GMT

Well good for you, you have your 3 cards to drive your Fico score which will take 6 months to generate. Keep them paid down preferrably one card with small balance reporting monthly. Grats to all your approvals and welcome to myFico!

Re: Three Credit Card Approvals in the span of 5 days!!!!

Mones — Sun, 05 Jun 2022 19:50:43 GMT

Yep, I plan to use these only for myself and maybe my parents if some of the benefits are useful because my parents have always paid me whenever I have let them borrow some money for a short period of time but thanks for the advice. I appreciate it!

Re: Three Credit Card Approvals in the span of 5 days!!!!

Mones — Sun, 05 Jun 2022 19:53:02 GMT

Yes, they will be driving up my score but the only agency I don't have a score in yet is Transunion. I plan on prepaying whatever small balance I have so they all close with less than $25

Re: Three Credit Card Approvals in the span of 5 days!!!!

Mones — Sun, 05 Jun 2022 19:56:00 GMT

Hey CreditAggie, thanks for the congradulations. I actually have a question for you, how can I show a signature like you do with all of your credit cards and inqueries?

Re: Three Credit Card Approvals in the span of 5 days!!!!

CreditAggie — Sun, 05 Jun 2022 20:41:47 GMT

@Mones wrote:
Hey CreditAggie, thanks for the congradulations. I actually have a question for you, how can I show a signature like you do with all of your credit cards and inqueries?

Check out the following threads for what I used to build my signature:

THIS IS HOW YOU ADD CREDIT CARD PICS TO YOUR PROFILE - Credit Card images

Badges for Your Signature - for inquiries, account age, etc.

Note that you will need to have a minimum rank of Member in order to add images to your signature. You can rank up by posting in the forums. If you need help with the coding, feel free to ask one of our moderators!

Re: Three Credit Card Approvals in the span of 5 days!!!!

Yasselife — Sun, 05 Jun 2022 21:01:36 GMT

Congratulations @Mones Getting the freedom flex💳 is a mayor success, remember if you're doing AZEO Chase will report $0 balance to the bureaus if you pay the card off before new statement cuts.

Re: Three Credit Card Approvals in the span of 5 days!!!!

NalekSok — Sun, 05 Jun 2022 21:56:59 GMT

Congratulations on your approvals! 🎉 Enjoy those new benefits!

Re: Three Credit Card Approvals in the span of 5 days!!!!

Elpadrino1 — Sun, 05 Jun 2022 22:36:35 GMT

Very nice; congratulations on approvals!!

Re: Three Credit Card Approvals in the span of 5 days!!!!

Dave4fun — Mon, 06 Jun 2022 01:25:08 GMT

A Super CONGRATULATIONS to you! I very much enjoyed reading your post! Enjoy your new cards! I love the 3 cards you acquired.

Re: Three Credit Card Approvals in the span of 5 days!!!!

cashorcharge — Mon, 06 Jun 2022 01:57:30 GMT

WooHoo!! Congratulations on all three of your Approvals!!👏🏼🍾🥂

Re: Three Credit Card Approvals in the span of 5 days!!!!

KingRue8500 — Mon, 06 Jun 2022 04:17:45 GMT

Congrats on your approvals

Re: Three Credit Card Approvals in the span of 5 days!!!!

Mdowning30 — Mon, 06 Jun 2022 11:40:39 GMT

Good luck on your credit game journey I wish I was as savvy as you at 18. I just started when I was turning 30 when it comes to credit cards. Only thing in my opinion better than getting the Macy's card would have been to get a Capital One card.

Re: Three Credit Card Approvals in the span of 5 days!!!!

firefox100 — Mon, 06 Jun 2022 12:08:50 GMT

Congratulations and great way to start out, good luck with college and life.

Re: Three Credit Card Approvals in the span of 5 days!!!!

greatscott85 — Mon, 06 Jun 2022 14:01:36 GMT

Congratulations! You're miles ahead of me when I was 18

Re: Three Credit Card Approvals in the span of 5 days!!!!

Buddah — Mon, 06 Jun 2022 18:57:12 GMT

Congrats! Lookslike you are off to a good start.

Re: Three Credit Card Approvals in the span of 5 days!!!!

SouthJamaica — Mon, 06 Jun 2022 20:00:23 GMT

@Mones wrote:
Hi, I've been on this forum for a couple of months now and I recently turned 18. I've been looking for advice on what credit cards cards to open early on in order to garden my credit score so that after college I can start out one step ahead. I convinced each of my parents to sign me up as an authorized user on one of each of their cards so I waited till both cards came up on my Experian report (8 years and 8 months average age of accounts and $13,000 credit line between both) so I'm assuming this probably helped with my applications but I didn't push my luck very far with the applications either so who knows?

So, onto the applications: ($18k income, 18 year old)

I applied to Discover It Student Cash Back on my birthday (a couple weeks back) and got an email stating I had to verify my SSN with a photo, I never did it. (Only a Soft Pull)

On 5/28, I applied to Macy's credit card at the store in order to save some money (that's the best part about credit cards right?). I wasn't really excited at the time since it was a hard inquiry but at least I saved a decent amount on my purchase (Maxed out the Credit Line but I have the money to pay it off) and got my first approval. I learned later that I didn't qualify for the AMEX but I will be trying the 30 day CLI that seems to work very well on this card and shoot for the AMEX version in December.
Macy's store card: $300 limit which is the card minimum but you have to start off somewhere and the card is known for insane CLI growth so I'm looking forward to that and then converting to AMEX! (Pulled Experian)

That same night, I decided to hit it and impulsively applied for the Chase Freedom Flex (I bank with Chase so I thought this would also be an easy approval and I wanted to apply before 2/30 since Discover never had a HP). I ended up being denied at the start but more on this later.

On May 31st, as I had gotten two hard pull on my credit report (Chase app was very good at having push notifications sent within 15 minutes both times), Discover sent me an email saying my application had been approved but I rechecked my Experian Report and there still was no HP (so I could still call Chase Reconsideration without being over 2/30 chase autodenial)
Discover It Student Cash Back: $500 limit (minimum limit but it has good cash back and I can definitely put spending on it as I start college)

Back to Chase application, I saw my denial on Monday, May 30th then I called reconsideration on May 31st, explained that I banked with Chase for a while now and I wanted to grow the relationship as I try to build my credit. (They said Chase was worried about credit history and I just said, I'm an 18 year old, do you expect me to have 10 years of credit history with another bank?) I waited a day and on June 1st the card appeared in my Chase App. My limit was probably so high due to my deposits there and having had direct deposit there, I'm definitely pleased with this card especially the benefits and the high limit which Chase isn't known for. I think the banking relationship was a large part of the reconsideration and approval with such a high limit. I recommend the reco line to any Chase denials with a good reason to back yourself up.
Chase Freedom Flex (Official Approval on June 1st): $2,200 limit (pretty high if you ask me but it will give me a good cushion to have a low utilization rate) (Pulled Experian)

Ending Summary (TLDR):
- Three credit approvals on the span of a 5 days (Two Experian Pulls)
- Macy's Store Card ($300 SL) [Sadly no Amex approval at this point]
- Discover Student Cash Back ($500 SL)
- Chase Freedom Flex ($2,200 SL) [told me my score was 674 pulled from Experian]

I plan on gardening till December, putting spend on the cards (and paying off Macy's), pay off before the due date, have a low utilization rate so I can hopefully get CLIs on Macy's and Discover and get approved for Macy's Amex. Definitely still surprised about Chase, the Flex's UR points will definitely become more useful after college!

Congratulations.

IMHO you don't need any more cards.