topic Re: My next card help in Credit Cards

My next card help

Anonymous — Fri, 06 Jan 2012 18:23:13 GMT

I've been in rebuliding mode since 2008. Just pulled my reports and got my fico for 2012. TU fico is now 744, EQ is 685(still has a expired judgement(5 years old in NY)), going to mail EQ and ask them to drop that), anyway, TU and EX are clean now, 2.5 yrs history, aaoa 1.5 yrs. 4% util, 2 inq on TU, EX, 1 inq on EQ.

3 tradelines: orchard opened 7/09 200 limit, cap1 opend 5/11 3500 limit. auto loan opened 10/10 20,000 from credit union.

my goal is to get amex blue cash everyday, but i know i am not there yet, i think i am still 1.5 yrs away for that, will wait until 4 yrs of history to give it a try.

and now, i've been recieving BOA cash reward visa offer for a quite sometime, do you guys think its a good 3rd card for me? i am looking for a prime bank cc. do we consider BOA as prime bank??? and does it pull only EX in NY? if so, i might try to apply it now since it has $100 reward sign up bonus. with my TU fico 744, i am thinking my ex score won't be too far off from that, thank god.

Re: My next card help

Anonymous — Fri, 06 Jan 2012 18:33:57 GMT

what about the credit union that u have ur auto loan with? do they have some good cards?

Re: My next card help

Anonymous — Fri, 06 Jan 2012 19:24:53 GMT

First off congrats on getting your scores up! BOA is considered a prime bank - it's one of the "big four" banks along with JP Morgan Chase, Citigroup, and Wells Fargo. Their Cash Rewards card is a great prime card to start out with. It's much improved over the last version which was just 1% back. I believe it is now 3% gas, 2% groceries, 1% everything else up to $1500 per quarter. I started out with a BOA student card, 2nd card was their Cash Rewards card, and they helped me build a nice credit history so that I could qualify for more desirable cards later on. Best of luck!

Edit: Just wanted to add they have always pulled Experian for me. And if you take a look at the rewards this card is not far off from the Amex BCE

Re: My next card help

JusdoNit — Fri, 06 Jan 2012 19:19:44 GMT

Congrats and I agree with the previous poster as well.

Re: My next card help

quest208 — Fri, 06 Jan 2012 19:21:47 GMT

have you treid trying to get the judgment removed from EQ?

Re: My next card help

Anonymous — Fri, 06 Jan 2012 19:28:43 GMT

Bofa is great and yes they are prime if you are looking for a card that will grow with you this is it just get the card with initial limit and in one year of heavy use and great payment they will give you a great limit and will grow as you do very good potential for a 20k plus cl

Re: My next card help

Anonymous — Fri, 13 Jan 2012 06:24:07 GMT

Just a quick update, I called BofA today to apply for the cash reward card. 1,2,3% and $100 cash bonus. He couldn't tell me which report they pulled, but it should be either EX or TU (if it was EQ, i doubt they even gonna approve me). I got instant approve for $5000. What a great feeling, Now I am 4 for 4 since rebuilding

Re: My next card help

improvingmycredit — Fri, 13 Jan 2012 06:51:33 GMT

Congrats on the Approval!!!! WTG! What a GREAT CL to boot!

Re: My next card help

Anonymous — Fri, 13 Jan 2012 07:33:07 GMT

OP that's terrific! Congratulations on your accomplishment

Re: My next card help

Anonymous — Fri, 13 Jan 2012 07:55:15 GMT

@Anonymous wrote:
I've been in rebuliding mode since 2008. Just pulled my reports and got my fico for 2012. TU fico is now 744, EQ is 685(still has a expired judgement(5 years old in NY)), going to mail EQ and ask them to drop that), anyway, TU and EX are clean now, 2.5 yrs history, aaoa 1.5 yrs. 4% util, 2 inq on TU, EX, 1 inq on EQ.
3 tradelines: orchard opened 7/09 200 limit, cap1 opend 5/11 3500 limit. auto loan opened 10/10 20,000 from credit union.
my goal is to get amex blue cash everyday, but i know i am not there yet, i think i am still 1.5 yrs away for that, will wait until 4 yrs of history to give it a try.
and now, i've been recieving BOA cash reward visa offer for a quite sometime, do you guys think its a good 3rd card for me? i am looking for a prime bank cc. do we consider BOA as prime bank??? and does it pull only EX in NY? if so, i might try to apply it now since it has $100 reward sign up bonus. with my TU fico 744, i am thinking my ex score won't be too far off from that, thank god.

Based on the information you provided I would apply for the BCE card. Even though you don't know your EX Fico I would say it would be close to your TU score since they are both clean of any negatives. In other words your chances of being approved for the BCE is good at this time. Worst case scenario if you don't get approved for the BCE you can always call to recon to start with a smaller limit and/or ask to be approved for the Zync if you are trying to get in with Amex.

Re: My next card help

boomhower — Fri, 13 Jan 2012 14:26:41 GMT

@Anonymous wrote:

Based on the information you provided I would apply for the BCE card. Even though you don't know your EX Fico I would say it would be close to your TU score since they are both clean of any negatives. In other words your chances of being approved for the BCE is good at this time. Worst case scenario if you don't get approved for the BCE you can always call to recon to start with a smaller limit and/or ask to be approved for the Zync if you are trying to get in with Amex.

I tend to agree. It's certianly not a lock for BCE but I would say you have a better than average chance. Your history is a little thin but not impossible. I would check and see what CR they pulled. If it's not EX I would give it a shot. If you go get turned down you would be all but a lock for a charge card to start building a history with them. Just be aware that if you apply for both a revolver and a charge it will be two hard pulls. If you don't want to chance a denial just get one of there charge cards. A Zync has a lot AF and usually has a sign up bonus big enough to pay that fee for a couple of years. Just give it some decent use and in six months go for the BCE/BCP.

Re: My next card help

Anonymous — Fri, 13 Jan 2012 23:59:11 GMT

@boomhower wrote:
@Anonymous wrote:

Based on the information you provided I would apply for the BCE card. Even though you don't know your EX Fico I would say it would be close to your TU score since they are both clean of any negatives. In other words your chances of being approved for the BCE is good at this time. Worst case scenario if you don't get approved for the BCE you can always call to recon to start with a smaller limit and/or ask to be approved for the Zync if you are trying to get in with Amex.

I tend to agree. It's certianly not a lock for BCE but I would say you have a better than average chance. Your history is a little thin but not impossible. I would check and see what CR they pulled. If it's not EX I would give it a shot. If you go get turned down you would be all but a lock for a charge card to start building a history with them. Just be aware that if you apply for both a revolver and a charge it will be two hard pulls. If you don't want to chance a denial just get one of there charge cards. A Zync has a lot AF and usually has a sign up bonus big enough to pay that fee for a couple of years. Just give it some decent use and in six months go for the BCE/BCP.

That's a good idea, but I don't plan to get any charge card. I will only pay 30 something dollars AF for my orchard card only.

Just checked credit karma and it just poped up a hard on my TU. So it looks like they only pulled TU but not EX. Its not a suprise tho, since BofA only soft pulled me with the offer on my TU(based on my TU report pull on 1/1/2012).

So I am gonna try for BCE later tonight lol

Re: My next card help

Open123 — Sat, 14 Jan 2012 00:51:59 GMT

Congrats on your new B of A card.

The 3-2-1 is my preferred VISA card. It has a good reward structure, unless you're willing to make the effor to designate cartain cards for specific rewards category purchases. Mostly, I'm a traditionalist and like that B of A is the "original" VISA card.

Re: My next card help

Anonymous — Sat, 14 Jan 2012 02:12:44 GMT

Amex typically pulls EX but ocassionally pulls TU...at least that happened to my brother when he applied for an Amex Blue Sky card. He was instantly approved for the card with like $7k limit which I believe is good for a first time Amex card holder.

Re: My next card help

boomhower — Sat, 14 Jan 2012 05:05:33 GMT

@Anonymous wrote:
@boomhower wrote:
@Anonymous wrote:

Based on the information you provided I would apply for the BCE card. Even though you don't know your EX Fico I would say it would be close to your TU score since they are both clean of any negatives. In other words your chances of being approved for the BCE is good at this time. Worst case scenario if you don't get approved for the BCE you can always call to recon to start with a smaller limit and/or ask to be approved for the Zync if you are trying to get in with Amex.

I tend to agree. It's certianly not a lock for BCE but I would say you have a better than average chance. Your history is a little thin but not impossible. I would check and see what CR they pulled. If it's not EX I would give it a shot. If you go get turned down you would be all but a lock for a charge card to start building a history with them. Just be aware that if you apply for both a revolver and a charge it will be two hard pulls. If you don't want to chance a denial just get one of there charge cards. A Zync has a lot AF and usually has a sign up bonus big enough to pay that fee for a couple of years. Just give it some decent use and in six months go for the BCE/BCP.
That's a good idea, but I don't plan to get any charge card. I will only pay 30 something dollars AF for my orchard card only.
Just checked credit karma and it just poped up a hard on my TU. So it looks like they only pulled TU but not EX. Its not a suprise tho, since BofA only soft pulled me with the offer on my TU(based on my TU report pull on 1/1/2012).
So I am gonna try for BCE later tonight lol

The Zync right now has a promo for 10,000 points upon first use, enought to pay the AF for four years. Go and sign up for creditsesame.com, it's free and pulls from EX.

Re: My next card help

Anonymous — Sat, 14 Jan 2012 13:54:55 GMT

@boomhower wrote:
@Anonymous wrote:
@boomhower wrote:
@Anonymous wrote:

Based on the information you provided I would apply for the BCE card. Even though you don't know your EX Fico I would say it would be close to your TU score since they are both clean of any negatives. In other words your chances of being approved for the BCE is good at this time. Worst case scenario if you don't get approved for the BCE you can always call to recon to start with a smaller limit and/or ask to be approved for the Zync if you are trying to get in with Amex.

I tend to agree. It's certianly not a lock for BCE but I would say you have a better than average chance. Your history is a little thin but not impossible. I would check and see what CR they pulled. If it's not EX I would give it a shot. If you go get turned down you would be all but a lock for a charge card to start building a history with them. Just be aware that if you apply for both a revolver and a charge it will be two hard pulls. If you don't want to chance a denial just get one of there charge cards. A Zync has a lot AF and usually has a sign up bonus big enough to pay that fee for a couple of years. Just give it some decent use and in six months go for the BCE/BCP.
That's a good idea, but I don't plan to get any charge card. I will only pay 30 something dollars AF for my orchard card only.
Just checked credit karma and it just poped up a hard on my TU. So it looks like they only pulled TU but not EX. Its not a suprise tho, since BofA only soft pulled me with the offer on my TU(based on my TU report pull on 1/1/2012).
So I am gonna try for BCE later tonight lol

The Zync right now has a promo for 10,000 points upon first use, enought to pay the AF for four years. Go and sign up for creditsesame.com, it's free and pulls from EX.

i think i saw the AF at 15 bucks too, not the normal 25 bucks