topic Re: How am I looking in terms of Inqs in Credit Cards

How am I looking in terms of Inqs

red259 — Wed, 31 Dec 2014 06:14:40 GMT

I'm gearing up for an app cycle and am wondering how I am looking in terms of overall inquiries. I don't have the break down in front of me of which inqs are on which reports, but after January 2 I should have a couple of inqs go over a year old. I have zero inquiries in the last six months and three within the past year. I would have several more which are already over a year old but still showing on reports. Obviously these inqs are spread out across different reports, but I'm just trying to get a feel of how many cards I can go for in my app cycle without rocking the boat too much. I have three I definetly want but wouldn't mind the ability of going for a fourth card and then going into the gardent for 91-180 days. My profile is a little thin with cards since I started rebuilding June 2013, but the student loans I have give me a decent AAoAs overall. Lenders I will be targetting would be Citi, Amex, Chase and maybe Barclays. I have ongoing relationships with the first three lenders.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:18:59 GMT

Citi and Barclays first, then AMEX and Chase.

Re: How am I looking in terms of Inqs

red259 — Wed, 31 Dec 2014 06:21:54 GMT

@Anonymous wrote:
Citi and Barclays first, then AMEX and Chase.

You would put Amex before Chase?

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:39:18 GMT

Make AMEX your #1.

Chase before for approval chance (as Nixon stated).

You'll thank us later.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:25:11 GMT

@red259 wrote:
@Anonymous wrote:
Citi and Barclays first, then AMEX and Chase.
You would put Amex before Chase?

Maybe he's ranking them in terms of inquiry sensitivity.

You're good for 3-4 cards I bet before you hit any friction. Auto approvals are nice.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:25:23 GMT

@red, yes.

Re: How am I looking in terms of Inqs

red259 — Wed, 31 Dec 2014 06:27:39 GMT

@Anonymous wrote:
@Anonymous, yes.

Ok. I was a bit worried about Chase because I am showing higher util on their cards than others, although i'm not carrying a balance. I just shifted a lot of spend to them to while I cleared up my amex accounts in order to prepare my credit report.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:30:27 GMT

@Anonymous wrote:
@red259 wrote:
@Anonymous wrote:
Citi and Barclays first, then AMEX and Chase.
You would put Amex before Chase?
Maybe he's ranking them in terms of inquiry sensitivity.

You're good for 3-4 cards I bet before you hit any friction. Auto approvals are nice.

This exactly.

Re: How am I looking in terms of Inqs

TRC_WA — Wed, 31 Dec 2014 06:32:40 GMT

@Anonymous wrote:
You're good for 3-4 cards I bet before you hit any friction. Auto approvals are nice.

Agreed... OP and I are in similar shoes. I went into my spree last week having gardened for a year...

4 approvals (Nordstrom, Discover, Amex, Sallie Mae)

2 CLIs (Best Buy, CapOne QS)

All instant approvals, no denials.

INQs kept to a minimum.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:33:19 GMT

I have to hold my fire until 5/15

App for us, Red so we can live vicariously through you. lol

Which Citi do you want?

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:38:18 GMT

Also, Red, have you tried to put in any pre-qualification websites yet? Citi, AMEX, and Chase tend to be very accurate most times.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:39:21 GMT

@TRC_WA wrote:
@Anonymous wrote:
You're good for 3-4 cards I bet before you hit any friction. Auto approvals are nice.

Agreed... OP and I are in similar shoes. I went into my spree last week having gardened for a year...

4 approvals (Nordstrom, Discover, Amex, Sallie Mae)
2 CLIs (Best Buy, CapOne QS)

All instant approvals, no denials.

INQs kept to a minimum.

My latest app-o-rama lasted 4 months from beginning to end resulting in 11 Approvals and 2 Denials.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:39:42 GMT

Yes, please try the pre-qual on the Citi site and see if they offer you anything. I check it everday and I'm not on their radar yet. I'll be so happy when Barclay and Citi start sending me offers.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:41:00 GMT

I'm glad I know I am not the only one that checks every day for pre-approvals as well..... .... *long silence*

LOL!

Re: How am I looking in terms of Inqs

red259 — Wed, 31 Dec 2014 06:41:27 GMT

@Anonymous wrote:
I have to hold my fire until 5/15

App for us, Red so we can live vicariously through you. lol

Which Citi do you want?

Going for the citi Hilton card since I need the free nights and would like the status for when I do need to have hotel stays.

Re: How am I looking in terms of Inqs

red259 — Wed, 31 Dec 2014 06:42:07 GMT

@Anonymous wrote:
Also, Red, have you tried to put in any pre-qualification websites yet? Citi, AMEX, and Chase tend to be very accurate most times.

You know I havent done that in awhile. I will run a check now and report back about the results.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:42:21 GMT

@Anonymous wrote:
Yes, please try the pre-qual on the Citi site and see if they offer you anything. I check it everday and I'm not on their radar yet. I'll be so happy when Barclay and Citi start sending me offers.

All of my apps except for the Overstock have been cold apps. None of the prequals have jack to say to me, lol.

Re: How am I looking in terms of Inqs

TRC_WA — Wed, 31 Dec 2014 06:46:20 GMT

I don't put a lot of stock into pre-qualifiers... at least from AmEx who told me they had nothing to offer right before the $5k approval appeared on my screen.

Re: How am I looking in terms of Inqs

Anonymous — Wed, 31 Dec 2014 06:49:51 GMT

@Anonymous wrote:
@Anonymous wrote:
Yes, please try the pre-qual on the Citi site and see if they offer you anything. I check it everday and I'm not on their radar yet. I'll be so happy when Barclay and Citi start sending me offers.
All of my apps except for the Overstock have been cold apps. None of the prequals have jack to say to me, lol.

You know discover says they'll give you an it. I wonder what it is that triggers the prequals? I think partially it has to do with them picking you up off your address or something. How do they work, I wonder? Or are they finding you, Nixon, and because you're not over 700 you don't get the instant, but on further examination they see the rest of your fundamentals are solid enough to where you can make a strong case for reconsideration?

Re: How am I looking in terms of Inqs

red259 — Wed, 31 Dec 2014 06:57:18 GMT

@red259 wrote:
@Anonymous wrote:
Also, Red, have you tried to put in any pre-qualification websites yet? Citi, AMEX, and Chase tend to be very accurate most times.
You know I havent done that in awhile. I will run a check now and report back about the results.

I do not have any Chase offers. I do not recall if I have ever had any chase prequal offers show up to be honest. When I check citi I see the citi TY premiere card and below that they have the non-af HHonors card. I would assume if I qualify for the non-AF one I should be able to get the AF version. I don't know where to go to check Amex for prequal offers.