topic Re: I do not know who to choose in Credit Cards

I do not know who to choose

Caitt — Sun, 27 Dec 2015 09:48:35 GMT

Between Capital one (venture/Quicksilver) got preapproved showed 17.39%
Got preapproved Citi double cash card,
AMEX everyday card, everyday blue card, gold.
I would like to purchase a house around June 2016 so I'm trying to get this out of the way!
Any help is appreciated.
I noticed CO does 3 pulls, what about Citi, and AMEX?
CO does sp for CLI, what about AMEX, and Citi?

Re: I do not know who to choose

Anonymous — Sun, 27 Dec 2015 10:31:17 GMT

Amex did a single pull, Experian.

Reading what others have said, Cap does do tripple pull and lately they haven't been as generous with the SL/CLI's. I don't think Amex and Cap have similar cards. But I think Citi has some. Try to decide what you need in a card first I suppose.

edit: sry, just noticed you had already listed some cards, specifically. In that case, I'd still go with what you NEED. Also take into account how the card will be used. If you want CB, Cap doesn't require a minimum to cash out. But I think the Citi DC need a minimum of $25. This isn't an issue for some though.

Re: I do not know who to choose

Caitt — Sun, 27 Dec 2015 10:25:10 GMT

I'm more interested in the SL rather the rewards honestly

Re: What would u choose?

Anonymous — Sun, 27 Dec 2015 10:29:05 GMT

As always, it depends on you and what you need/want.

Personally, I would go with Capital One because they are probably the best in the business right now (imo obv) and Citi would likely give you the lowest initial limit with no easy path to a CLI. AMEX Everyday is a junk card imo, BCE is a very good card though.
I like both the QS and Venture for their instant rewards (no waiting for billing cycles etc.) and generally high initial limits with SP CLI's. They also have by far the best website and mobile app.
While you may hear otherwise, Cap One ime has by far the best overall customer service.

Re: What would u choose?

Caitt — Sun, 27 Dec 2015 10:32:04 GMT

Thanks so much

Re: What would u choose?

Caitt — Sun, 27 Dec 2015 10:33:24 GMT

I'm thinking of applying for QS and Venture back to back hoping for only 3 hp instead of 6!

Re: What would u choose?

Anonymous — Sun, 27 Dec 2015 10:37:00 GMT

Thats a good idea, especially if you want to merge the accounts down the road to get rid of the APR without closing an account.

Re: What would u choose?

Caitt — Sun, 27 Dec 2015 10:40:51 GMT

I was actually thinking about converting it to the ones with no APR's

Re: I do not know who to choose

Anonymous — Sun, 27 Dec 2015 10:54:33 GMT

Most likely Capital One Venture will give you the best SL. They base it largely off of income. Citi will likely give you a junk limit.
What are your scores and income?
Depending on your scores now, I might suggest waiting until after the mortgage, but you might benefit from adding one card right now. Do not add a bunch of cards now so close to the mortgage.

Re: I do not know who to choose

Caitt — Sun, 27 Dec 2015 11:02:24 GMT

My scores are Ex 662 EQ 660 TU 670 but I have had a collection removed since last pull. My income is 45k. I have not started the process for Mortgage yet. I was thinking of the 2 for 1 with Capital one.

Re: I do not know who to choose

Anonymous — Sun, 27 Dec 2015 12:43:18 GMT

The Capital One cards are great!
If I were you I would go for the Venture. If you are pre-approved, with that income i'm thinking you will get a 10-15k SL. That should be all you need and I would hesitate going for the two for one simply because you want to limit the amount of accounts you pick up so close to a mortgage. It probably won't hurt you and it may actually be enough of a boost to your score by June to help you, but it is a risk.
After you apply for the Venture (which I would do right now!!!!), go right back and check the pre-qual to see if it still says you are pre-approved for the QS. If you are, apply for that if you want, if you are not, don't!

Good Luck!

Re: What would u choose?

jeffery581 — Sun, 27 Dec 2015 13:15:41 GMT

you can request no annual fee but might not get it. cap one has been very good to me. they grow with you. citi double cash back it good option too.

Re: What would u choose?

tntexans72 — Sun, 27 Dec 2015 14:51:44 GMT

The ones I think would give me the highest SL if that is at the top of your priority list. You can always get the remaining cards later imo.

Re: What would u choose?

elim — Sun, 27 Dec 2015 14:57:23 GMT

or you could get them all

Re: I do not know who to choose

tntexans72 — Sun, 27 Dec 2015 16:09:48 GMT

@Caitt wrote:
My scores are Ex 662 EQ 660 TU 670 but I have had a collection removed since last pull. My income is 45k. I have not started the process for Mortgage yet. I was thinking of the 2 for 1 with Capital one.

If you can, I would hold off on apping til you closed on the house. After your mortgage report to the bureaus, you will get a ton of mail offers for cards. Good luck!

Re: I do not know who to choose

Shogun — Sun, 27 Dec 2015 16:16:50 GMT

@Anonymous wrote:
Most likely Capital One Venture will give you the best SL. They base it largely off of income. Citi will likely give you a junk limit.
What are your scores and income?
Depending on your scores now, I might suggest waiting until after the mortgage, but you might benefit from adding one card right now. Do not add a bunch of cards now so close to the mortgage.

It's always a YMMV type of thing. When I started rebuilding, I was getting some small limits. I could understand that, but Citi jumped right in with a 5 figure SL. This helped to kickstart the others.

Re: I do not know who to choose

gdale6 — Sun, 27 Dec 2015 20:20:05 GMT

2 threads have been merged into one since they were both on the same subject. OP please refrain from cross posting or multi posting the same topic, I thank you for your help and understanding on this.

Re: I do not know who to choose

NRB525 — Sun, 27 Dec 2015 20:25:15 GMT

@Caitt wrote:
I'm more interested in the SL rather the rewards honestly

Which cards do you have already? Bank, card name, credit line?

Re: I do not know who to choose

Caitt — Sun, 27 Dec 2015 20:45:05 GMT

I have a capital one secured card (showing platinum on the app) cl 200
Nfcu nrewards $1000
Discover it $500
And I was approved this morning for a venture $10000!!!!!
Denied the quicksilver (im thinking because of the secured card)

Re: I do not know who to choose

Anonymous — Mon, 28 Dec 2015 03:29:19 GMT

@Caitt wrote:
I have a capital one secured card (showing platinum on the app) cl 200
Nfcu nrewards $1000
Discover it $500
And I was approved this morning for a venture $10000!!!!!
Denied the quicksilver (im thinking because of the secured card)

Congrats! Nicely done!