topic Re: Which Card?? in Credit Card Applications

Which Card??

Kathy4NU — Mon, 20 Apr 2015 15:16:15 GMT

I went to the Capital One pre qualified site and saw that I do have 3 offers.

I am wanting to balance transfer my Sam's Club card and one other smaller balance. Total would be around $5,000. I would pay this off by October '15.

The offers are:

Quick Silver, 0% January '16, 17. 9% thereafter. Earn $100 after spending $500. 3% transfer fee, 0% until Jan '16. 17.9% after.

Venture, Earn 40,000 bonus miles after speding $3,000 in first 3 months (not a problem as we are going to Alaska in June), Annual Fee of $59 after first year.

Plantnum Prestige, 0% until July '16, 15.9% after, 0% on transfers until July '16 after that 3% fee and 15.9%

Which card would give me the highest limit? I do travel a fair amount if that matters.

My scores as of this morning: EQ 715, TU 685, EX 715. I am expecting them to go up just slightly yet this week as I have two cards that reported last month that are now at zero. Should update today and Wednesday.

Re: Which Card??

traveler2005 — Mon, 20 Apr 2015 15:44:43 GMT

I think your highest limit would be with venture!

Re: Which Card??

CraigHwk — Mon, 20 Apr 2015 16:38:38 GMT

@traveler2005 wrote:
I think your highest limit would be with venture!

Agreed. If I got 15k with my "fair" credit profile, then OP should get at least that. CapOne seems to be going CL crazy recently with the Venture.

Re: Which Card??

Kathy4NU — Mon, 20 Apr 2015 16:47:21 GMT

If I applied for 2 Cap One cards would they use the same pull or would it be 6 pulls? I know they tripple pull which sucks. I was thinking the Venture to get a high limit card and a Quick Silver for the balance transfer and point.

Thanks!

Re: Which Card??

Creditaddict — Mon, 20 Apr 2015 16:48:29 GMT

Platinum Prestige for the BT offer and Venture because you will get a huge limit and Cap1 will give you 2 cards on same pulls in same day!

Re: Which Card??

Kathy4NU — Mon, 20 Apr 2015 16:57:15 GMT

Do you think I have a fair shot at a high limit with the Venture with my scores? I have one card with them already at a lousy $1,000. I also have a Menards card through them with a $3,000 limit. Cards have always been in good standing. My AAoA is not very high though. All my cards are 24 months or less. I have a 15 year student loan. EX and EQ are perfect files with no negatives. TU has 2 paid 5 year old negatives (not mine but apparently TU says they verified that my Ex-husbands bills are mine).

I am thinking of apping on Friday when all the updates should be done. I need to app before the first as 2 cards I put car repairs on - I can pay off but will balance transfer the other one along with my Sam's bill. The Venture would be great for my upcoming trip to Alaska. We have the trip paid in full except for a couple extra things we will be doing. I am always afraid of putting too much on a card as it will look like it is maxed.

Re: Which Card??

Creditaddict — Mon, 20 Apr 2015 17:39:32 GMT

Venture is $5k Minimum but I'm not sure I have seen less than $10k approved... Venture One is $3k or more but I personally got $5k.

Re: Which Card??

SecretAzure — Mon, 20 Apr 2015 17:43:36 GMT

I nominate Venture for an easy 10K SL. If you can get a use out of the travel bonuses at all then that is definately the card you should go for.

Re: Which Card??

Kathy4NU — Mon, 20 Apr 2015 17:57:14 GMT

Oh - I am getting the itchy finger to apply for the Venture and Prestige..... One account updated on TU... bumped my score to 688. I really need to ignore the itchey fingers until Friday when all the others will be updated. At that point 2 of 15 cards will be reporting balances..... Hoping for a miracle to get TU in the 700 range before I app.

Will they deny me due to my AAoA being low? My average age is only 2 years. I am pre qualified on the Capital One site - whatever that means.

Re: Which Card??

Creditaddict — Mon, 20 Apr 2015 18:11:09 GMT

@Kathy4NU wrote:
Oh - I am getting the itchy finger to apply for the Venture and Prestige..... One account updated on TU... bumped my score to 688. I really need to ignore the itchey fingers until Friday when all the others will be updated. At that point 2 of 15 cards will be reporting balances..... Hoping for a miracle to get TU in the 700 range before I app.

Will they deny me due to my AAoA being low? My average age is only 2 years. I am pre qualified on the Capital One site - whatever that means.

it means approved... APPLY!

Re: Which Card??

CreditMagic7 — Mon, 20 Apr 2015 18:41:22 GMT

APPROVED!!!

Go For It!

Re: Which Card??

DrMac210 — Mon, 20 Apr 2015 18:41:29 GMT

Following....... I am in a nearly identical situation. Same three pre-approvals, same APR's, looking to BT 3-4K, but wouldn't mind getting a large SL with a Venture also. My scores are a little higher (730-740), but otherwise about the same profile it seems.

Re: Which Card??

Kathy4NU — Mon, 20 Apr 2015 18:54:42 GMT

I am going to apply on Friday when I know my credit file is as peak as it is going to get.

This is what I got from Capital One. Is prequalified the same as preapproved?

Re: Which Card??

Creditaddict — Mon, 20 Apr 2015 18:56:27 GMT

@Kathy4NU wrote:
I am going to apply on Friday when I know my credit file is as peak as it is going to get.

This is what I got from Capital One. Is prequalified the same as preapproved?

Yes with Capital One.

Do Venture no matter what and I'd do QS unless you need BT then I would do prestige and venture.

Re: Which Card??

Kathy4NU — Mon, 20 Apr 2015 18:59:56 GMT

@DrMac210 wrote:
Following....... I am in a nearly identical situation. Same three pre-approvals, same APR's, looking to BT 3-4K, but wouldn't mind getting a large SL with a Venture also. My scores are a little higher (730-740), but otherwise about the same profile it seems.

How about you apply and let me know how it goes? I will do the same on Friday.

Re: Which Card??

Creditaddict — Mon, 20 Apr 2015 19:01:14 GMT

@Kathy4NU wrote:
@DrMac210 wrote:
Following....... I am in a nearly identical situation. Same three pre-approvals, same APR's, looking to BT 3-4K, but wouldn't mind getting a large SL with a Venture also. My scores are a little higher (730-740), but otherwise about the same profile it seems.

How about you apply and let me know how it goes? I will do the same on Friday.

just pick 2 and apply back to back... same pulls and double approvals.

Re: Which Card??

DrMac210 — Mon, 20 Apr 2015 19:29:06 GMT

......... I am waiting until next month when my apps from last May turn 1 year old. Otherwsie, I would!!

As a sidenote, I just re-checked the CapOne preapprovals and it looks like my APR's are also a little lower 12.9% (Venture), 12.9%(QS) and 10.9% (Platinum Prestige).

Wishing you luck on high limits for whichever you decide to apply!!

Re: Which Card??

Creditaddict — Mon, 20 Apr 2015 19:29:23 GMT

Don't think it will make a bit of difference but sure

Re: Which Card??

Kathy4NU — Mon, 20 Apr 2015 19:44:09 GMT

My amazon store card had a $800 limit and reported at $245 last month. It is now paid off and I just asked for a credit increase and they bumped me up to $2,000. Amazon should report on Wednesday. With the zero balance and new CL it will take my utilization down to 14%. I will apply as soon as I see it has reported. Maybe the interest on the pre qualify will go lower than. I than went to my Lowe's card which is also $800 but has a zero balance and asked for a CLI and they bumped me to $15k but that won't report until the 11th.

I am really wanting a high cl card and one to to a balance transfer on my Sam's card with. I want my file in the best shape that I can for it. Friday will be the day!

Re: Which Card??

Creditaddict — Mon, 20 Apr 2015 19:45:56 GMT

Sounds good