topic Re: Planning my first app spree! in Credit Card Applications

Planning my first app spree!

Anonymous — Sat, 06 Jul 2019 21:45:45 GMT

I've never done a spree before, always just one card at a time while I built my file. Now that I have 5 cards, AAOA 3 years 4 months, the Alliant loan from 3 years 5 months ago still going strong, and oldest card 5 years 5 months old, I think it's time gve mysel fa nice big payoff for all y hard work.

Can't get y exact FICO score because I pulled them earlier this year and then the info was lost when computer crashed. But no lates, no deogatory marks, 1 inquiry across all 3 bureaus and Vantage 3.0 score is 794.

Looking for cash back cards only! What do you all recommend?

So far I'm thinking of the following lineup:

Chase Freedom, $150 SUB spend $500
BOA America Cash Rewards, $200 SUB spend $1000
US Bank Cash + Visa signature, $150 SUB spend $500

We typically live pretty frugal and meeting these spend requireents would be tricky, except we're about to get a lot of work done on a vehicle. I'll get quotes on Monday but I expect it to bump up our expenses at least enough to meet these. Might be ble to squeeze in another one but I'm not sure I want to do the drop in AAOA for 4 cards; 3 is probably my comfort zone at the moment.

Re: Planning my first app spree!

kilroy8 — Sat, 06 Jul 2019 22:09:14 GMT

US Bank can be tricky. If you have any inqs or new accounts within past six months, it will likely take recon to approve. Chase has the famous 5/24, BoA is a jealous one as well.

They don't look like spree friendly cards to me.

Re: Planning my first app spree!

mikesonthemend — Sat, 06 Jul 2019 22:18:15 GMT

Have you looked to see if you have an upgrade offer from BCE to BCP? You can always downgrade back to BCE after hitting your sub. No pulls, no 5/24 slots.

Good luck! Keep us posted.

Re: Planning my first app spree!

M_Smart007 — Sat, 06 Jul 2019 22:54:52 GMT

@Anonymous wrote:
I've never done a spree before, always just one card at a time while I built my file. Now that I have 5 cards, AAOA 3 years 4 months, the Alliant loan from 3 years 5 months ago still going strong, and oldest card 5 years 5 months old, I think it's time gve mysel fa nice big payoff for all y hard work.

Can't get y exact FICO score because I pulled them earlier this year and then the info was lost when computer crashed. But no lates, no deogatory marks, 1 inquiry across all 3 bureaus and Vantage 3.0 score is 794.

Looking for cash back cards only! What do you all recommend?

So far I'm thinking of the following lineup:

Chase Freedom, $150 SUB spend $500
BOA America Cash Rewards, $200 SUB spend $1000
US Bank Cash + Visa signature, $150 SUB spend $500
We typically live pretty frugal and meeting these spend requireents would be tricky, except we're about to get a lot of work done on a vehicle. I'll get quotes on Monday but I expect it to bump up our expenses at least enough to meet these. Might be ble to squeeze in another one but I'm not sure I want to do the drop in AAOA for 4 cards; 3 is probably my comfort zone at the moment.

I hold all 3 of those cards, I don't know how old your Chase FU in your Siggy is?

Having FICO 8/9 Scores would help give insight?

if you had a Thick profile I would say 4, but Best stick to 3 Apps.

Chase you can check pre-approvals online, In Branch is Best if you can do that?

This Helps you: "But no lates, no deogatory marks, 1 inquiry across all 3 bureaus" + "AAOA 3 years 4 months,"

GL2U

Let us know how it turns out?

Re: Planning my first app spree!

kilroy8 — Sat, 06 Jul 2019 22:51:03 GMT

The very best cashback card, at least for its first year, is DiscoverIt. You get cashback match, which makes everything 2%, and the quarterly categories (right now restaurants and paypal) 10%. Your profile looks like a shoo in for it from what you have shown, and they don't spook as easily as most.

Re: Planning my first app spree!

Anonymous — Sat, 06 Jul 2019 22:57:39 GMT

@kilroy8 wrote:
The very best cashback card, at least for its first year, is DiscoverIt. You get cashback match, which makes everything 2%, and the quarterly categories (right now restaurants and paypal) 10%. Your profile looks like a shoo in for it from what you have shown, and they don't spook as easily as most.

Actually Disco Miles is 3% for the first year.

Re: Planning my first app spree!

mikesonthemend — Sat, 06 Jul 2019 23:04:40 GMT

It is the Disvo IT Balance Transfer card with the rotating 5%. And it is awesome!

Re: Planning my first app spree!

Anonymous — Sat, 06 Jul 2019 23:06:19 GMT

Chase Freedom, $150 SUB spend $500 - double pull of 2 of the 3 CRA's and it's a bit random
BOA America Cash Rewards, $200 SUB spend $1000 - single pull usually and it's a random
US Bank Cash + Visa signature, $150 SUB spend $500 - single pull usually and it's a random.... unless you do it during the opening of another account like checking/savings, then it's usually a TU pull

From the looks of it you're aiming at cash back and $0 AF cards. I would swap CF for CFU at a minimum for 3% for a year w/ a 20K cap or CSP for a year and collect the $505 for the 4K spend.

BOA $200 is a pretty typical offer for them unless you go for PR then it's $500 for a 3K spend.

USB is not very good w/ SUB's but, long term hold of Cash+ makes sense for everyone that has a monthly utility bill for 5% back.

https://frequentmiler.boardingarea.com/best-credit-card-sign-up-offers/ -- take a look here at some of the other offers and see if anything catches your eye.

Barclay's can be a quick $100 w/ Uber after $500 spend and they pull TU

Depending on where you live there's some other hidden gems you might qualify for a low spend and $100-$200 cash back.

Re: Planning my first app spree!

Anonymous — Sat, 06 Jul 2019 23:32:12 GMT

I would just pick two and come back for the third in 6 months. It's not worth risking getting your cards shut down.

I would pick Chase and US Bank first.

Re: Planning my first app spree!

SouthJamaica — Sun, 07 Jul 2019 01:23:39 GMT

@Anonymous wrote:
I've never done a spree before, always just one card at a time while I built my file. Now that I have 5 cards, AAOA 3 years 4 months, the Alliant loan from 3 years 5 months ago still going strong, and oldest card 5 years 5 months old, I think it's time gve mysel fa nice big payoff for all y hard work.

Can't get y exact FICO score because I pulled them earlier this year and then the info was lost when computer crashed. But no lates, no deogatory marks, 1 inquiry across all 3 bureaus and Vantage 3.0 score is 794.

Looking for cash back cards only! What do you all recommend?

So far I'm thinking of the following lineup:

Chase Freedom, $150 SUB spend $500
BOA America Cash Rewards, $200 SUB spend $1000
US Bank Cash + Visa signature, $150 SUB spend $500
We typically live pretty frugal and meeting these spend requireents would be tricky, except we're about to get a lot of work done on a vehicle. I'll get quotes on Monday but I expect it to bump up our expenses at least enough to meet these. Might be ble to squeeze in another one but I'm not sure I want to do the drop in AAOA for 4 cards; 3 is probably my comfort zone at the moment.

IMHO you should just pick one card, and concentrate your spend on that.

If it were me, I would go for the Chase Freedom.

Re: Planning my first app spree!

Andypanda — Sun, 07 Jul 2019 03:58:28 GMT

@kilroy8 wrote:
US Bank can be tricky. If you have any inqs or new accounts within past six months, it will likely take recon to approve. Chase has the famous 5/24, BoA is a jealous one as well.

They don't look like spree friendly cards to me.

Did get approved for us bank cash+ card with a new account/hp only 3 months before, no recon necessary. That being said,i did start with a $1,000 sl. I did prequil for the card.

Re: Planning my first app spree!

Anonymous — Sat, 13 Jul 2019 20:15:07 GMT

@mikesonthemend wrote:
Have you looked to see if you have an upgrade offer from BCE to BCP? You can always downgrade back to BCE after hitting your sub. No pulls, no 5/24 slots.

Oooh yes, I did that earlier this year and forgot to update my siggy. They made me pay the BCP annual fee at the time of hte bonus being posted so I'm keeping it at BCP for the better cash back and will downgrade before the net anual fee. That was a good one!

Re: Planning my first app spree!

CreditCuriosity — Sat, 13 Jul 2019 20:19:45 GMT

Locked as OP has been approved can see thread here

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Planning-my-first-app-spree/td-p/5678192