topic My 8th and final app in Credit Card Applications

My 8th and final app

Anonymous — Tue, 18 Nov 2014 04:19:42 GMT

Fico family I need some insight and opinions.

I have the following cards currently in my sig and will be adding a 7th in the lineup which will be the Chase Saphirre Pref.

For the 8th card, I was thinking of either 1) Capital One Quicksilver, ( cash back, good service for my parents so far and good on automatic Cls)

2) Wells Fargo Cash back ( Do I really need a relationship before I app? Like a savings or checkings, if so how long does it need to be established for?)

3) US Bank Cash+ ( I heard app by phone now, and the rewards are decent)

4) Sallie Mae ( Just for rewards)

Would like for some suggestions / opinions to help me choose one before 2015.

Current scores : All 3 range 720 - 750 Fico. 11 Months Credit History. All PIF, no BK's, 1 auto loan.

Would like my cards to enter the garden the same Year, I am picky

Thanks guys.

Re: My 8th and final app

Ghoshida — Tue, 18 Nov 2014 04:23:26 GMT

@Anonymous wrote:
Fico family I need some insight and opinions.

I have the following cards currently in my sig and will be adding a 7th in the lineup which will be the Chase Saphirre Pref.

For the 8th card, I was thinking of either 1) Capital One Quicksilver, ( cash back, good service for my parents so far and good on automatic Cls)

2) Wells Fargo Cash back ( Do I really need a relationship before I app? Like a savings or checkings, if so how long does it need to be established for?)

3) US Bank Cash+ ( I heard app by phone now, and the rewards are decent)

4) Sallie Mae ( Just for rewards)

Would like for some suggestions / opinions to help me choose one before 2015.
Current scores : All 3 range 720 - 750 Fico. 11 Months Credit History. All PIF, no BK's, 1 auto loan.

Would like my cards to enter the garden the same Year, I am picky

Thanks guys.

You have the Citi DC so Cap One Won't be better in terms of rewards.

I'd recommend 1) Sallie Mae and then 2) Cash+

Re: My 8th and final app

Anonymous — Tue, 18 Nov 2014 05:27:57 GMT

For your situation,

Sallie Mae > US Bank Cash+ >>>>>>>>>>>> Quicksilver (since you have the Double Cash) >>> WF (none of WF's credit cards are good. They are all outclassed by something better, and this is coming from someone who has a WF credit card.

And in my opinion for general situations,

Double Cash >= Sallie Mae > US Bank Cash+ (since restaurants were nerfed) >>> any other no annual fee card.

Re: My 8th and final app

Anonymous — Tue, 18 Nov 2014 08:01:34 GMT

Do you need a relationship with Wells Fargo to open a CL with them?

Re: My 8th and final app

Anonymous — Tue, 18 Nov 2014 11:37:27 GMT

Absolutely go for Sallie Mae!

Re: My 8th and final app

Anonymous — Tue, 18 Nov 2014 11:50:08 GMT

@Ghoshida wrote:
@Anonymous wrote:
Fico family I need some insight and opinions.

I have the following cards currently in my sig and will be adding a 7th in the lineup which will be the Chase Saphirre Pref.

For the 8th card, I was thinking of either 1) Capital One Quicksilver, ( cash back, good service for my parents so far and good on automatic Cls)

2) Wells Fargo Cash back ( Do I really need a relationship before I app? Like a savings or checkings, if so how long does it need to be established for?)

3) US Bank Cash+ ( I heard app by phone now, and the rewards are decent)

4) Sallie Mae ( Just for rewards)

Would like for some suggestions / opinions to help me choose one before 2015.
Current scores : All 3 range 720 - 750 Fico. 11 Months Credit History. All PIF, no BK's, 1 auto loan.

Would like my cards to enter the garden the same Year, I am picky

Thanks guys.
You have the Citi DC so Cap One Won't be better in terms of rewards.

I'd recommend 1) Sallie Mae and then 2) Cash+

Re: My 8th and final app

MoreRewards — Tue, 18 Nov 2014 14:46:58 GMT

SALLIE MAE!

Re: My 8th and final app

Anonymous — Tue, 18 Nov 2014 22:24:25 GMT

Wells really doesn't have anything special. I app'd for the Wells Propel (not sure why). Was declined for no banking relationship. First time I have ever been denied credit. Still can't believe it. YMMV

Re: My 8th and final app

Anonymous — Wed, 19 Nov 2014 03:49:07 GMT

@MoreRewards wrote:
SALLIE MAE!

Re: My 8th and final app

Anonymous — Wed, 19 Nov 2014 05:12:50 GMT

If you get a WF offer for 5% groceries, gas, drugstore for 6 months I think that's a great deal. But I shop at Walmart a lot and annex doesn't count them as a store. .. so for me that will be a significant amount of rewards the next 6 months. Otherwise I don't think they are worth it.

Re: My 8th and final app

Anonymous — Wed, 19 Nov 2014 05:14:23 GMT

That should read amex doesn't count Walmart as a grocery store.

Re: My 8th and final app

Anonymous — Wed, 19 Nov 2014 05:38:24 GMT

@Anonymous wrote:
That should read amex doesn't count Walmart as a grocery store.

Yep!