topic Re: Applying for a new Card. in Credit Card Applications

Applying for a new Card.

Anonymous — Wed, 28 Nov 2018 20:10:06 GMT

Hey guys.

Currently thinking about applying for the Venture Card so I can get the 75k miles bonus.

My current combined total limit is $27500, however on my most recent credit report is $15900, which was my prev total limit.

Should I wait until the $27k is reflected on the report, or I can just do it now. Mainly to get a higher limit on the new card.

Thank you.

740 EQ

742 TU

730 EX

Re: Applying for a new Card.

xaximus — Wed, 28 Nov 2018 20:30:35 GMT

More info would be helpful -

AAoA?
Inq's?
Etc.
Based on that - from what I see, scores look good, doing it before or after it updates is up to you. I don't think it would make much of a difference.

Re: Applying for a new Card.

Anonymous — Wed, 28 Nov 2018 20:36:04 GMT

@xaximus wrote:
More info would be helpful -

AAoA?
Inq's?
Etc.
Based on that - from what I see, scores look good, doing it before or after it updates is up to you. I don't think it would make much of a difference.

I think AAoA is 10 months., oldest 1yr 3 mo.

Inq EQ 2, TU2, EX 5

utilization less than 1%.

payment 100%

Re: Applying for a new Card.

HeavenOhio — Wed, 28 Nov 2018 20:54:04 GMT

What's the age of your youngest account? How many cards have you added in the last six months? And what are your current limits?

Because the Venture has a minimum 5k starting limit, I'd wait until your new limits report.

Re: Applying for a new Card.

Anonymous — Wed, 28 Nov 2018 21:12:38 GMT

@HeavenOhio wrote:
What's the age of your youngest account? How many cards have you added in the last six months? And what are your current limits?

Because the Venture has a minimum 5k starting limit, I'd wait until your new limits report.

Applied and declined lol. Never mind.

Re: Applying for a new Card.

Anonymous — Wed, 28 Nov 2018 22:08:03 GMT

@Anonymous wrote:
Applied and declined lol. Never mind.

Looks like too soon. Sorry. I know the feeling.

Re: Applying for a new Card.

FinStar — Wed, 28 Nov 2018 22:59:55 GMT

@Anonymous wrote:
Hey guys.

Currently thinking about applying for the Venture Card so I can get the 75k miles bonus.

My current combined total limit is $27500, however on my most recent credit report is $15900, which was my prev total limit.

Should I wait until the $27k is reflected on the report, or I can just do it now. Mainly to get a higher limit on the new card.

Thank you.
740 EQ
742 TU
730 EX

A little late now, but you did ask. Personally, and as mentioned further upthread, I would've waited since you would've had more favorable results down the road instead of pulling the trigger today. But, what's done is done 👍

Re: Applying for a new Card.

RonM21 — Thu, 29 Nov 2018 23:05:24 GMT

Sorry you were denied Op. Use this as a lesson learned to have a bit more patience. I certainly get the itchy finger feeling, but you want to make sure you have everything lined up first, for a better shot of approval.