topic Re: Debating Application Timing in Credit Cards

Debating Application Timing

BigBS — Thu, 03 Dec 2015 23:01:13 GMT

In a previous thread I talked about my plans for 2016 and that I want to get the NFCU GoRewards (3% Restaurants), NFCU CLOC (just because), and USAA Cashback Rewards Plus AMEX cards. Both NFCU and USAA pull EQ in my area and currently I have 11 INQs there. Originally planned to wait until March when 2 INQs fall off and app for the GoRewards and CLOC and then wait 6 months or so to app for the Rewards Plus AMEX.

The 0% APR for BTs has me rethinking. Perhaps do the app for GoRewards in Jan, in Jul go for USAA, and in the Fall get the NFCU CLOC. Either way by the end of the year I would be at 6 INQs on EQ, 1 on EX, and 2 on TU. I also thought about the Chase AARP for 3% on Restaurants which has 10 INQs currently, but I'm not sure how INQ sensitive they are for co-branded cards?

Scores are 803 EQ, 809 EX, and 800 TU. Just app'd for the Huntington Voice in Nov.

Really would like to hear folks thoughts on this. If it came down to either the GoRewards or the AARP think I would go with the GoRewards because I believe I would get a higher SL. Maybe I should just shut up and go sit in the corner and color. Thanks in advance.

Re: Debating Application Timing

Anonymous — Thu, 03 Dec 2015 23:06:15 GMT

FWIW, I got IHG with 7 EX inquiries and Hyatt with 8 EX inquiries. Both applications were single pulls.

Re: Debating Application Timing

BigBS — Thu, 03 Dec 2015 23:36:12 GMT

@Anonymous wrote:
FWIW, I got IHG with 7 EX inquiries and Hyatt with 8 EX inquiries. Both applications were single pulls.

That's good to know, thanks.

Re: Debating Application Timing

tntexans72 — Thu, 03 Dec 2015 23:48:24 GMT

I think you are overly-cautious. You should have no problems getting the cards listed. My scores are nowhere near yours and they are handing me cards like candy

Re: Debating Application Timing

BigBS — Thu, 03 Dec 2015 23:58:08 GMT

@tntexans72 wrote:
I think you are overly-cautious. You should have no problems getting the cards listed. My scores are nowhere near yours and they are handing me cards like candy

NFCU, USAA, or Chase?

Re: Debating Application Timing

BigBS — Fri, 04 Dec 2015 00:25:10 GMT

Anyone else have any thoughts on the order of these apps?

Re: Debating Application Timing

Anonymous — Fri, 04 Dec 2015 00:30:54 GMT

I think you have a golden ticket for Chase. They are giving $200 for the first $500 spend in three months on AARP card and they have less restriction on the co brand cards.

Re: Debating Application Timing

BigBS — Fri, 04 Dec 2015 00:44:02 GMT

@Anonymous wrote:
I think you have a golden ticket for Chase. They are giving $200 for the first $500 spend in three months on AARP card and they have less restriction on the co brand cards.

I don't know. Just not feeling that confident about it. Think it's a nice card though it would take me a minute to get past the whole AARP thing.

Re: Debating Application Timing

Anonymous — Fri, 04 Dec 2015 00:46:03 GMT

How many Chase cards do you have now ? What is the total CL combined ?

Re: Debating Application Timing

BigBS — Fri, 04 Dec 2015 01:08:01 GMT

@Anonymous wrote:
How many Chase cards do you have now ? What is the total CL combined ?

Freedom, CSP, and Slate for a total of $43k.

Re: Debating Application Timing

tntexans72 — Fri, 04 Dec 2015 01:12:16 GMT

Hmmm, I always go with the card I think that is the most difficult first. Your high scores means your AAOA is over 5yrs, uti% is very low. Those are all recipes for approvals IMO. Heck you probably get all of them and than some

Re: Debating Application Timing

BigBS — Fri, 04 Dec 2015 01:24:07 GMT

@tntexans72 wrote:
Hmmm, I always go with the card I think that is the most difficult first. Your high scores means your AAOA is over 5yrs, uti% is very low. Those are all recipes for approvals IMO. Heck you probably get all of them and than some

8.8 years and 5%. I would be amazed if that happened.

Re: Debating Application Timing

BigBS — Sun, 06 Dec 2015 02:53:32 GMT

Other thoughts from the wise folks here? Could really use some guidance.

Re: Debating Application Timing

Gmood1 — Sun, 06 Dec 2015 03:31:56 GMT

Since the Go rewards and AARP are similar. Get the Go rewards after USAA. NFCU doesn't seem sensitive to new accounts or inqs. Go rewards will net the largest SL IMHO. With your scores you're golden.

Re: Debating Application Timing

BigBS — Sun, 06 Dec 2015 11:55:02 GMT

@Gmood1 wrote:
Since the Go rewards and AARP are similar. Get the Go rewards after USAA. NFCU doesn't seem sensitive to new accounts or inqs. Go rewards will net the largest SL IMHO. With your scores you're golden.

Thanks. Agree USAA is probably more conservative than NFCU. Still debating.

Re: Debating Application Timing

baller4life — Sun, 06 Dec 2015 13:46:48 GMT

@Gmood1 wrote:
Since the Go rewards and AARP are similar. Get the Go rewards after USAA. NFCU doesn't seem sensitive to new accounts or inqs. Go rewards will net the largest SL IMHO. With your scores you're golden.

+100. My thoughts exactly. You're golden for high limits! 😉

Re: Debating Application Timing

BigBS — Sun, 06 Dec 2015 16:57:48 GMT

@baller4life wrote:
@Gmood1 wrote:
Since the Go rewards and AARP are similar. Get the Go rewards after USAA. NFCU doesn't seem sensitive to new accounts or inqs. Go rewards will net the largest SL IMHO. With your scores you're golden.
+100. My thoughts exactly. You're golden for high limits! 😉

Okay, Rethinking to use this is a way to bring in the New Year, suck up the impact to CS and AAoA, and garden for the rest to bring everything back where it should be.

Re: Debating Application Timing

BigBS — Sun, 06 Dec 2015 20:26:10 GMT

Thoughts on disapproval by NFCU because I already have a CC with them?