topic Re: So my GF has really good credit and I'm a rebuilder and don't have advice in Credit Cards

So my GF has good credit and I'm a rebuilder and don't have advice

Brickbybrick — Sun, 11 Jun 2017 06:30:40 GMT

She has 750s across the board and has ONLY store credit cards lol.

Nordstrom 7k Walmart 5k Target 5k

Which cards should I have her apply for? Discovery, BoA, and Amex Blue Cash back?

Thanks!

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 05:57:05 GMT

Well how are your scores? We could probably give you better advice if we knew where you are credit wise.

Any late payments? Negatives on your credit history? The more we know, the more advice we can give.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 05:58:55 GMT

Good job to the GF.

First question....while I think everyone should have at least one Visa or MC, does she WANT any more ccs?

If so, for what purpose? Does she want cash back, travel rewards or simply a card for life's unexpected surprises? This will be helpful to narrow down options that will benefit her.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Brickbybrick — Sun, 11 Jun 2017 05:59:49 GMT

Sorry, I'm getting advice on behalf of my GF, she has 750 across the boards and needs real cards. Thanks.

Cash back.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 20:54:49 GMT

Seems like she is doing well.....she may not need cards but simply a card. Without knowing her full profile, I would suggest a Visa or MC to get started. Amex and Discover (I'm assuming discovery = discover) are not accepted everywhere. The easiest approval and easiest rewards would be Cap1 QS imo.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Brickbybrick — Sun, 11 Jun 2017 06:07:24 GMT

All three cards are Mastercards but are store cards, except the Walmart which can be used anywhere. I just felt she should have like Disco, BoA, etc.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 06:14:15 GMT

Whoops! Misread that. Well....her profile seems fairly thin, so on that note is suggest discover as they like thin profiles(generally!). Chase also has the freedom card which is similar to discovers cash back program, but they seem stinger with Cli's and they are always a hard pull unless they are auto cli's.

Amex bce is great for gas and groceries. Some may suggest the bcp, but that all depends on how heavy you use the card.

Finally, while those are two solid cards, there are some retailers who don't take amex or discover...even though it's rare. So for a mastercard/visa option is try for a Citi DC card. They tend to prefer thicker files and starting limits tend to be not as generous, but responsible use will help grow their limit.

Those are my suggestions. I tend to like cash back cards with no annual fees, so that's where I came up with those.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 06:18:42 GMT

@Brickbybrick wrote:
She has 750s across the board and has ONLY store credit cards lol.

Oops...didn't realize they were MCs....I thought she had ONLY store cards which could only be used in store.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Brickbybrick — Sun, 11 Jun 2017 06:26:56 GMT

2 are store cards and one is a MC, the walmart which she can use anywhere. So should she do like a spree or just go for one?

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 06:33:33 GMT

Your making me nervous for your GF 😐

Not every consumer does or should go on app sprees. In fact, most don't. She seems to be doing fine. I don't feel good about her applying for a bunch of cards she may not really want and/or need. That 750 is not made of steel. Now if she wants to apply for a bunch of cards, that's on her. I wish her luck.

Imo, just one.

Re: So my GF has good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 06:37:44 GMT

That is really up to her. Given her scores( they are fico and not fako, yes?) Her odds of approval are pretty solid. I'd suggest looking at each card and deciding which benefits she likes the most.

Re: So my GF has good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 06:42:17 GMT

I'll also echo what was stated. More versatility is nice, but how many does she really need? I'd recommend 1 card, 2 tops.

Re: So my GF has good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 06:47:19 GMT

Since you mentioned theyre all store cards, im assuming she'll want to get some main prime cards. Any Chase, BofA, Amex, Discover, etc would qualify as that. Not knowing what she likes to spend on, for a general input cards like the Freedom or unlimited, Discover It, BofA cash rewards, Amex BCE, Cap1 Quicksilver, are all cards I would recommend for basic needs like gas, groceries, food, etc. Some of those give rotating categories, some are 1-2-3 cash back types, and some are flat 1.5 back on everything. Most of all theyre all No Annual fee cards which is great too, but it also really depends.....but just for a start those are some cards ill throw out there if you wanna research them a little more!

Re: So my GF has good credit and I'm a rebuilder and don't have advice

JR_TX — Sun, 11 Jun 2017 15:49:04 GMT

I would suggest 2 total CCs to apply for to wit;
1 of either Disco or Amex depending on her spending that would benefit her the most in terms of rewards.
1 of either Visa or MC. I would suggest for her to have a CC with the same bank that she has a relationship with or banks with, i.e., Chase, Citi, BoA or CU. Again, whatever V/MC CC she can benefit the most based on her spending.

Re: So my GF has good credit and I'm a rebuilder and don't have advice

joltdude — Sun, 11 Jun 2017 16:16:26 GMT

Heres my spin....

Even though she already has an MC store card (walmart)..... if were looking for some diversification and want cards with actual cash back.....

Iv had a similar situation with a family member....

And myself.. I had only one CC for almost 2 years (no store cards at all)

Id think of adding at least 2 cards... and maybe a third down the road...

I wouldnt rely on the walmart card for daily spend... and heck no to having a balance on Wally....

Discover and Amex are nice.... but as folks have said, acceptance can be an issue...

If it were me.. id go for a Disco card.. and some flavor of Visa (vs MC) to start...

(you could also go for some flavor of Amex as well. if you dont mind not having a Visa immediately (since you have the MC).. could go for both...

Both Discover and Amex are thinnish file friendly and that score will cinch the deal.....

I had to go seek a VISA because thats the only network Costco takes in-store.... and my bank charges 2$ for a Debit transaction at Costco..

Think having a card from a bank other than synchorny for the (visa/mc) would be a good idea too....

Getting a full 2% with easy redemption and full features. is a little harder... id tend to go for something like a Double Cash (alas its MC) or perhaps either a Chase FU or even a capital one QS.. (use the prequalify... and see if you can jump into the QS and not the one on the first try... (no AF) But CapOne cards almost ALWAYS Take 3 CR pulls)

Im fond of Blis but its a tricky card to get... and it doesnt have many of the features or extras another card would have... it has good deferred interest deals though..

Just a few ideas off the top of my head.. There is something to having 3 major ccs for scoring purposes as well...

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Brickbybrick — Sun, 11 Jun 2017 17:05:48 GMT

From what I'm gather 2 cards tops, 1 of Disco or Amex and one Visa. I think Discover grows better and has a better cash back. Then a Chase Unlimited Freedom or BoA...hmm

She banks with BMO and she made this thread with me because she wanted advice that I just didn't have.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 20:00:01 GMT

@Brickbybrick wrote:
From what I'm gather 2 cards tops, 1 of Disco or Amex and one Visa. I think Discover grows better and has a better cash back. Then a Chase Unlimited Freedom or BoA...hmm

She banks with BMO and she made this thread with me because she wanted advice that I just didn't have.

The consensus is Bofa grows quick, if you search the fourms plenty of people have some monster lines from them. Some have started as low as $500 or 1k SL and end up with 20-30k lines from what Ive seen around here. On the other hand, I guess you are correct about Chase, theyre known to be a bit more stingy I believe.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

CYBERSAM — Sun, 11 Jun 2017 20:23:31 GMT

I would say Discover and AMEX because they are fun cards to have for rewards and deals with no AF. I wouldn't go after Visa or MC just because. She is doing great managing 3 cards, so no reason to go on app spree. With her great credit she can get any card that she wants in the future so just keep it at that. If she sees a must have card in future then so be it.

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Anonymous — Sun, 11 Jun 2017 20:28:12 GMT

If she's happy with what she's got and her score is good, why are you recommending anything?

Re: So my GF has really good credit and I'm a rebuilder and don't have advice

Brickbybrick — Sun, 11 Jun 2017 23:54:56 GMT

This thread has become quite odd, she asked me to basically make a thread for what cards she should apply for since she has only has store cards and would like cash back, etc. She asked me for advice and I came here.