topic Re: Question and advice... in Credit Card Applications

Question and advice...

crippus — Wed, 22 Jul 2015 16:22:02 GMT

Edited:

Hello,

This forum has been very helpful to me, and I have learned, and accomplished a lot from here. So here is my question.

I had a new profile, some Au's I was on going back to 2006, most of the Au's I am on have a good limit($11400, $20000, $10000) and no balances.

I have started building my credit up and recently have got these approvals:

United Traveler(Chase) $9000--$0 balance

Chase Slate $5000- $0 balance

Chase Freedom $4500 - $0 balance

RBFCU Platinum -$5000- $1500 balance

USAA Platinum Mastercard-$2000 -- $0 balance

USAA Amex-$2000--$0 balance

Bank of America Cash Rewards-$1500 ---$0 balance

Walmart store card-$10,000 --$0 balance

I just applied yesterday for Discover after seeing a legit pre qual on their site for the IT card(it showed me exact rate and terms) and was only approved for $500.

Have been declined for Barclay's because of too many inquiries.

I have over 10 each on Equifax and Experian, and had the same on TU, but just checked my reports today, and TU only has 1 hard inquiry. I think i inadvertently knocked them off, but I checked both creditchecktotal and usaa and they both show 1 hard inquiry only.

~~So can I freeze my Equifax and Experian temporarily to obtain a few more approvals using my tu only?~~ And should I try and recon the Discover limit since I just was approved, or reapply(I just checked and the IT card still shows preapproved and the exact rate)?

Also, Barclays only reason for td'ing me is too many inquiries when I called backdoor #.

TU score is 751 Fico/741 Vantage3.0.

Experian is 741/728(12 inquiries)

Equifax is 728/733(13 inquiries)

I am flying to Europe in 10 days and would like a card that I can really benefit from like the Barclay Arrival or another card.

I check Credit Cards Card Match tool daily, and today was the first time that any Simmons Bank cards showed for me(actually showed 2)

AAOA is 1yr 6 months. And income is over $100,000. Utilization is 3%.

Thanks for any advice!

Craig

Re: Question and advice...

Anonymous — Wed, 22 Jul 2015 15:53:38 GMT

Discussion of freezing credit bureaus in order to force a creditor to pull another is prohibited from being discussed on these forums. Additionally if you were to do so, more than likely you will receive a denial as they cannot pulls the reports that they wish to.

Ignore anything you see on the cardmatch site. It's purely a marketing web page for credit cards.

Re: Question and advice...

crippus — Wed, 22 Jul 2015 16:11:04 GMT

I am sorry, I honestly had no idea. So assuming that I don't do that, which I definitely won't now, any advice as far as TU only pullers? I think that's Barclay's and Discover.

Thank you

Craig

Re: Question and advice...

newhis — Wed, 22 Jul 2015 17:54:17 GMT

If I were you I'll stop apping. That Discover $500 and the denial is telling you that is time to garden.

Discover sometimes pull other bureaus. Barclay is almost always TU only. If you want the Barclay card either go for it, or garden and in 6 months I'm sure you'll get it with higher limit lower APR. Good luck.

EDIT: oh, and I'll ask Chase to transfer some limit to Freedom from United, just to be 5k or more, and ask for Visa Signature. Just to have more cards at 5k+.

Re: Question and advice...

crippus — Wed, 22 Jul 2015 17:57:00 GMT

Thanks. Honestly just want one strong card for this Europe trip as I'll pay in full when o get back, but will use a lot and don't want a ton of fees. Is barclays arrival my best bet?

Re: Question and advice...

baller4life — Wed, 22 Jul 2015 18:04:56 GMT

Barclays will very likely deny you just on new accounts. Maybe Cap One Venture?

Re: Question and advice...

crippus — Wed, 22 Jul 2015 18:39:30 GMT

doesnt show as prequal when I check. do they pull TU? I was also thinking call BOA recon and explain my reasoning for CLI(trip,etc), and have them pull TU, which they did for me originally. I also read about Us Bank? Just trying to add one or two more high limit cards that i can benefit from, then let everything garden and grow in age together I am a member of Nasa FCU , Penfed and Consumers Credit if that may be a route to go as well?

Re: Question and advice...

Anonymous — Wed, 22 Jul 2015 19:11:34 GMT

Cap 1 pulls all 3.

Re: Question and advice...

Anonymous — Wed, 22 Jul 2015 20:42:13 GMT

@Anonymous wrote:
Cap 1 pulls all 3.

Cap 1 only pulled TU and EX for me.

Re: Question and advice...

Anonymous — Wed, 22 Jul 2015 20:56:25 GMT

You got lucky.😉

Re: Question and advice...

Anonymous — Wed, 22 Jul 2015 21:02:19 GMT

I know

Anyway OP. Barclay is transunion only. They would be your best bet, however if you were already denied by them, and discover only gave you a 500 dollar limit, it is time to chill on the approvals. If you are desperaite for a good limit card, cap 1 venture will be your best bet. Be advised it might be another inq on each of the CRA , however i have seen 1/2 CRA pull.

Re: Question and advice...

crippus — Thu, 23 Jul 2015 01:59:57 GMT

Thanks not really desperate just want to get one card that I can hammer on this trip then pif when I get back and let all tsee cards grow old together. I did have e my dad add me to his discover, which is 26 years old x and hit experian this afternoon, raising my AAOA there from a year and and half to 3 yrs...

Re: Question and advice...

crippus — Thu, 23 Jul 2015 02:03:08 GMT

Was also thinking maybe apply for boa travel rewards card to use in Europe, and hopefully get good initial limit and ask for cli on my boa cash rewards card at same time. I've paid that in full twice the two months I've had it. Any advice re this?

Re: Question and advice...

Anonymous — Thu, 23 Jul 2015 04:24:46 GMT

Can you get in with NFCU somehow? With your scores and income you would probably get a pretty decent SL on one of their cards. Who have me by 50 to 60 points on EQ and about 20K in income and I had no current open revolving account history and they started me at 14K. They pull EQ on their CC products and don't seem to be concerned with how many inquires you have. Their Flagship rewards card would be a great option for overseas.

Re: Question and advice...

crippus — Thu, 23 Jul 2015 04:41:21 GMT

No, I joined, but now my sponsor and me as a result are in limbo with security dept.

Re: Question and advice...

crippus — Thu, 23 Jul 2015 05:04:27 GMT

I am a member of rbfcu, nasa, penned and consumers credit union. I'm wondering if one of those is my best bet? I do already have a 5000 platinum cc from rbfcu, and two $2000 cards from usaa

Re: Question and advice...

NY2014 — Thu, 23 Jul 2015 06:29:29 GMT

I totaly agree with Irish80 Even though he's a Notre Dame grrrrrrr _ Worlverine :: .I learned that the hard way,

Re: Question and advice...

Anonymous — Thu, 23 Jul 2015 11:54:50 GMT

OP. I honestly would not even go for another card at this point. The $500 Discover approval kind of shows that issuers want to see you use some patience. Your unlikely to get anything with a high limit. You will likely get a Venture, even without the pre-qual, but i'm not so sure it's worth it. Garden!!!

Re: Question and advice...

crippus — Thu, 23 Jul 2015 18:12:09 GMT

Thanks. It's hard. How long is good hibernation?

Re: Question and advice...

OmarGB9 — Thu, 23 Jul 2015 18:15:08 GMT

At least 6 months.