topic Re: About to pull the trigger, need some advice*** in Credit Cards

About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 08:40:10 GMT

My scores are about 730/740 across all boards.

no lates, no baddies, I have one car loan more than half way paid off and a low limit bofa credit card between 2 1/2 and 3 years in age.

I am looking to add a couple more cards.

Is it true, that if you are going to app to some credit cards, do them all at the same time?

I have good credit and decent income, about 40k yearly, but my file is a little thin, thus working on getting a couple more cards..

I am thinking about going for three credit cards.

Discover More, Capital One Platinum, and maybe a Best Buy store card or Chase? not to sure.. yet. any suggestions?

do I stand a chance with any of these cards? mainly the Dicover.. since i would be using it for everything, and paying in full each month, or close to it.

Re: About to pull the trigger, need some advice***

Itsmeagain — Sat, 03 Apr 2010 11:31:54 GMT

While I like my Discover account, if I were making the decision in this economic climate, I would choose credit unions. Banks are just too volitle right now. For every comment I see that says "I love my bank card", I see that many or more posts decrying the unconcionable treatment they are getting from banks. Credit Unions will offer higher initial credit lines, charge less interest on credit products, pay higher interest on deposit accounts.

Some notable examples:

NFCU - only for military personnel and their families. One of the best. Great credit products.

Pen Fed - Easy to join. Very conservative lender but once you're in they offer excellent credit products.

Alliant - Easy to join, high initial CL's, great interest on regular checking and savings.

Addison Avenue - Easy to join, high initial CL's. Low interest.

USAA - limited membership to non-military. High initial CLI's, low interest.

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 13:34:09 GMT

I have also heard MUCH better things about Credit Union cards! I do not know if applying all at once makes a difference or not though. I have a 720 score and got denied a CLI on a $500 Citi card I have had for 5 years with no lates and a 0 balance. A good deal with credit is just so hard to get right now. I would stick with the CU

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 16:58:52 GMT

Bump for more opinions.

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 16:59:46 GMT

I would pull that trigger once every 6 months. Decide who you want the most and go one at a time in order.

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 17:49:04 GMT

well on the information I gave, 730/740 score, 3 year file, (thin), no lates, or baddies..

Based on that Criteria, i am looking for a decent card to app for, mainly one with a decent rate and no yearly fee..

Since my file is so thin, I am basicly looking for anyone who might give me a chance.

I was leaning towards either Dicover More card, or a local credit union, wich includes opening up a checking/saving account whith them as well.

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 19:09:01 GMT

Well i called Discover today and got approved for a Discover More card but with only a 750.00 cl, but hey it's a start..

how are they with cli every 6 months?

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 19:32:18 GMT

bumps.

Looking for a second suggestion, thinking maybe a store card? best buy? or perhaps capitol one? chase?

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 19:44:00 GMT

Do you shop at Nordstrom?

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 19:48:53 GMT

yeah some times, well my girl friend LOVES that place, lol, while i like bestbuy for my toys

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 19:49:52 GMT

Go for the Nordstrom card. Its a great card to have!

Re: About to pull the trigger, need some advice***

score_building — Sat, 03 Apr 2010 19:57:50 GMT

unless you want to risk extended play in 'low limit hell' zone Iet your next app be for a card where you've a fair shot at a higher limit than what you already have, ie. a CU card or something like Nationwide, State Farm perhaps if any of their cards suit your spending profile. Nordstrom is another great option as well but not sure how they would work with a thin file on initial CL, they're great about CLIs every 4 mos or so.

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 20:10:55 GMT

capital one, chase an option? or do you think going for a store card, is enough, I am already in the door with Discover More card, wich is am excited about already.

bestbuy usually have small CL'S?

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 20:32:20 GMT

You may want to look into this thread;

Depending on where you live your choices are Krogers,Ralphs and a few others

http://ficoforums.myfico.com/t5/Credit-Cards/RBS-Bank-Kroger-Mastercard-Approved-for-6K-Pulls-EFX-only-682/m-p/493055

Re: About to pull the trigger, need some advice***

Anonymous — Sat, 03 Apr 2010 23:37:11 GMT

Krogers looks like it doesnt report to the major credit bureaus?

Re: About to pull the trigger, need some advice***

Anonymous — Sun, 04 Apr 2010 01:03:29 GMT

I have a chase card, cap1 and a BB store card. The other day I posted about getting a decent CLI one the BB. My starting limit on my BB was 3.6k then increased up to 4.7k.

Re: About to pull the trigger, need some advice***

Anonymous — Sun, 04 Apr 2010 02:33:43 GMT

Odd that Discover would give a $750 CL with your income and score.

Re: About to pull the trigger, need some advice***

Anonymous — Sun, 04 Apr 2010 02:35:48 GMT

Give State Farm Bank a try. I love 'em. They pull TU.

Re: About to pull the trigger, need some advice***

score_building — Sun, 04 Apr 2010 02:45:34 GMT

@Anonymous wrote:
Odd that Discover would give a $750 CL with your income and score.

I'd imagine they tend to be conservative with thin file apps.

Re: About to pull the trigger, need some advice***

Anonymous — Sun, 04 Apr 2010 03:18:23 GMT

Got a 1,500 Bestbuy card too!! =D

I am really happy about the dicover card honestly, seemed like one of the harder ones to get, i plan to use/pay in full each and every month.