topic Re: Looking for advice on DW next round of cards in Credit Card Applications

Looking for advice on DW next round of cards

raisemysc0re — Tue, 25 Oct 2022 01:05:33 GMT

My DW has about 10 cards now. She is also an AU on 3 of my oldest cards.

She only carries a balance on 1 of them (Jordan's Furniture 0% for 5 years so why not) which is currently at 11% UTI but she is about 2% aggregate UTI. Most of them are starter cards (CapOne, Comenity, Synch) or Co-Branded store cards except for a USBank Cash+ @ 10K.

Her Fico8 scores are right around 800 and her inquiries are as follows:

EQ 3/12, TU 0/12, EX 1/12

She is currently 2/24 on new accounts.

I'm thinking the Citi Custom Cash for 5% gas, Wells Fargo Active or PenFed PCR for everyday 2% and Chase Prime for Amazon.

I pay all the bills and housely spending using my cards but these should pretty much maximize the rewards for her spend.

Any advice on a different lineup or order in which she should apply?

Re: Looking for advice on DW next round of cards

raisemysc0re — Tue, 25 Oct 2022 01:37:16 GMT

I was also thinking about the FNBO Evergreen as the 2% card.

She is pre-selected for the Amazon Visa, Citi Custom Cash and Wells Fargo.

She is pre-approved for the FNBO Evergreen for the 15K max SL.

Should the Custom Cash be first, followed by the Amazon and then finally the FNBO card?

Re: Looking for advice on DW next round of cards

Adkins — Tue, 25 Oct 2022 14:52:29 GMT

@raisemysc0re wrote:
I was also thinking about the FNBO Evergreen as the 2% card.
She is pre-selected for the Amazon Visa, Citi Custom Cash and Wells Fargo.
She is pre-approved for the FNBO Evergreen for the 15K max SL.
Should the Custom Cash be first, followed by the Amazon and then finally the FNBO card?

I would do Amazon, Custom Cash then FNBO, in that order.

Re: Looking for advice on DW next round of cards

spiritcraft1 — Tue, 25 Oct 2022 17:22:01 GMT

How about an Elan Max cash? It may yield a higher SL than Citi??? The DW just scored one with similar stats @ $25k. There is a 0% deal going on also. Household income, instant approval, we picked the coolest looking card from a random bank 5,000 miles away.

Re: Looking for advice on DW next round of cards

raisemysc0re — Tue, 25 Oct 2022 17:58:34 GMT

@spiritcraft1 wrote:
How about an Elan Max cash? It may yield a higher SL than Citi??? The DW just scored one with similar stats @ $25k. There is a 0% deal going on also. Household income, instant approval, we picked the coolest looking card from a random bank 5,000 miles away.

She already has the USBank Cash+ 5% card and she has already been approved for the Citi Custom Cash.

Amazon Prime Visa is next. Already applied before @Adkins response.

Re: Looking for advice on DW next round of cards

raisemysc0re — Wed, 26 Oct 2022 00:54:04 GMT

@Adkins wrote:
I would do Amazon, Custom Cash then FNBO, in that order.

Well She was instantly approved for the Citi CC ($9,400 @ 16.99%), then the Chase Amazon Visa ($10K @ 17.24%) and finally FNBO was prequalified at $15K and I think 17.24% but came back with a 2-4 week wait.