topic Fidelity 2% CC Application help in Credit Card Applications

Fidelity 2% CC Application help

observantstudent — Wed, 03 Dec 2025 08:49:56 GMT

I am looking to apply to the fidelity 2% card as I am looking for a 2% card with no AF and no FTF.
I want to know my chances of getting a decent credit limit given my recent inquiries.

Credit Score: 774
Oldest Account: 3 Years
AAoA: 1 year 7 months

Youngest Accounts: 4 and 5 months old
Total Credit Limit: ~16000 @ 5 credit cards
Hard Inquries: 2 Experian (the two new accounts in past 24 months) and 0 Transunion (where Elan will pull from)

Is it fine to apply now? Could I expect a decent credit limit (over 10k?) with this profile?

Re: Fidelity 2% CC Application help

Aim_High — Wed, 03 Dec 2025 17:42:19 GMT

@observantstudent wrote:
I am looking to apply to the fidelity 2% card as I am looking for a 2% card with no AF and no FTF.
I want to know my chances of getting a decent credit limit given my recent inquiries.
Credit Score: 774
Oldest Account: 3 Years
AAoA: 1 year 7 months
Youngest Accounts: 4 and 5 months old
Total Credit Limit: ~16000 @ 5 credit cards
Hard Inquries: 2 Experian (the two new accounts in past 24 months) and 0 Transunion (where Elan will pull from)

Is it fine to apply now? Could I expect a decent credit limit (over 10k?) with this profile?

Welcome to My Fico Forums, @observantstudent.

I recommend that you wait based on the following observations.

Your credit file is just beginning to develop at three years old. That means you should plod more carefully as you may not be able to get away with what a more seasoned credit profile could accomplish.
You acquired (at least) 2 of your 5 accounts in past 12 months since newest are 4 and 5 months old. That means that for "new personal accounts," you are 2/6; 2/12 at a bare minimum but possibly higher.
As a subsidiary of US Bank, Elan Financial is known to be somewhat conservative in underwriting although probably not as strict as US Bank itself. That said, while some members with thicker and deeper files might be able to get an approval with 2/6 and 2/12, I wouldn't push it with your situation.
Your average credit limit is $3,200. ($16,000/5.) You don't disclose your highest limits. However, I would guess that the average profile of that nature probably has a high limit of $5K to $8K, meaning a $10K approval much less higher would probably be a bit of a stretch. Among other factors, lenders tend to award limits generally in-line with the limits you've shown you can manage successfully. The limits would also be tempered by your credit age and number of new accounts. So even if you were approved, you could be looking at a credit limit somewhere between $500 and $3,000.

Inquiries and credit score are good. Continue to use and pay your cards in full monthly. Keep revolving utilization under 8% (but don't carry a balance do it.) Allow that file to season and garden until you are at least 0/12 for new personal accounts. At that point, you've got a much better chance of success and also getting a better starting limit.

Re: Fidelity 2% CC Application help

ElvisCaprice — Wed, 03 Dec 2025 20:39:47 GMT

@observantstudent wrote:
I am looking to apply to the fidelity 2% card as I am looking for a 2% card with no AF and no FTF.
I want to know my chances of getting a decent credit limit given my recent inquiries.
Credit Score: 774
Oldest Account: 3 Years
AAoA: 1 year 7 months
Youngest Accounts: 4 and 5 months old
Total Credit Limit: ~16000 @ 5 credit cards
Hard Inquries: 2 Experian (the two new accounts in past 24 months) and 0 Transunion (where Elan will pull from)

Is it fine to apply now? Could I expect a decent credit limit (over 10k?) with this profile?

Another option is the AVEN Visa, 3% CB first 10k per year, 2% unlimited after, no AF or FTF. Is only a soft pull unless approved, so no risk to apply. If approved it's a HP to Experian. Most are getting a 15k SL to start, seen as low as 5k. A $100 SUB with reference, no spend required. See the AVEN thread for more details. Aven Rewards Visa 3% cash back ongoing review

Re: Fidelity 2% CC Application help

RobertS2 — Fri, 05 Dec 2025 00:58:12 GMT

Have you considered the Bread Cashback Amex? That's also 2% back with no annual/foreign fees.

Re: Fidelity 2% CC Application help

LuckyShatter — Mon, 26 Jan 2026 17:17:00 GMT

I had a similar file and they gave me a $500 limit in July of 2025. I've been putting 90% utilization every month and paying in full... maybe I'll get an increase after my 6th statement closes.

Best of luck! I think your chances aren't great but it is still possible.

Re: Fidelity 2% CC Application help

Varsity_Lu — Mon, 26 Jan 2026 17:45:31 GMT

@observantstudent wrote:
I am looking to apply to the fidelity 2% card as I am looking for a 2% card with no AF and no FTF.
I want to know my chances of getting a decent credit limit given my recent inquiries.
Credit Score: 774
Oldest Account: 3 Years
AAoA: 1 year 7 months
Youngest Accounts: 4 and 5 months old
Total Credit Limit: ~16000 @ 5 credit cards
Hard Inquries: 2 Experian (the two new accounts in past 24 months) and 0 Transunion (where Elan will pull from)

Is it fine to apply now? Could I expect a decent credit limit (over 10k?) with this profile?

Well, it's an Elan card, so they are new account and inquiry sensitive. There is a small SUB if you use this visa-signature-rewards-1502 I think your 2 new cards in less than 6 months might be an issue. My wife and I waited until we were 0/12 for both new and inq before we applied. My wife had a much better profile than you and only got a $2k starting credit limit. I got a $21.2k starting limit, but my profile was much older.

Re: Fidelity 2% CC Application help

observantstudent — Tue, 27 Jan 2026 01:00:05 GMT

Ill give an update.

In early July and late August I got two new credit cards. Then in December I got the American Express BCE at a limit of 15k. After that I recieved the Fidelity promotion for $150 SUB in the mail in Junaury and I decided to apply. Recall I was at 3/6 in inquiries. Suprisingly I got a credit limit of 22k!

I am unsure what factors were present but my credit score when applying for Fidelity was 762 with 3/6 inquiries and oldest account at 3 years and 1 month with an average of 1 year and 5 months. I have a hunch that because I work in insurance (as an actuary) I am considered a lower risk class which couldve contributed to not getting the $500 limit that some get. Also I constantly contribute to my 401k and Roth IRA in Fidelity if that has an impact.

Currently I am at 4/12 inquiries and am reaching the 5/24 chase rule. I will probably apply to get the citi custom cash in late 2026 and try to get another custom cash with a downgrade on another citi card. Then once I am under 5/24 again I will try to get the Amazon Prime Visa with a 6 month trial young adult free trial so that I can get really good cashback and a really sweet amazon gift card bonus. If anyone has more questions let me know.

Re: Fidelity 2% CC Application help

FicoMike0 — Tue, 27 Jan 2026 02:09:08 GMT

Congratulations!

btw, I got the prime card at 5/24.