topic Re: App spree in Credit Cards

App spree

nicholasyud — Tue, 23 Oct 2012 03:53:33 GMT

After my Credit One hit 6 months period, im going to apps for maybe 2 credit card. i already paid all my balance on my card under 10 bucks........and utility down under 9%. My score should increase somewhere around 670 or 680..........Credit file is on my Signature......Here's my list

Discover More
US Banks
City Banks
Amex
GE

So what do you guys think ?? The best 2 cards there.......Im planning on the long run and maybe going to closed my newest credit one card till its hit 1 years anns......And maybe Orchard Bank next year.....So if i add 2 more ccards right now and stick with it then its not going to hurt my AAOA that much........I need some advice......thanks guys.....My AAoa about 3.2 years and i had 8 TL......

Re: App spree

kobe2012 — Tue, 23 Oct 2012 03:55:48 GMT

Good luck!!! keep us posted.... you have the same credit file like mine.... I wanna see how you did...

Re: App spree

nicholasyud — Tue, 23 Oct 2012 05:09:02 GMT

what cards do you had now kobe ?

Re: App spree

nicholasyud — Tue, 23 Oct 2012 14:09:58 GMT

Does my credit score going to dings a lot if I apps for two cards now ?????

Re: App spree

kobe2012 — Tue, 23 Oct 2012 16:04:03 GMT

@nicholasyud wrote:
what cards do you had now kobe ?

i have:

Cap one :$1000

Cap one cash rewards: $1250

Walmart store: $2000

Chevron gas card: $1700

Gap store: $1000

Kay jewelers: $1500

Amex Zync: $500 PSL

the cap one with $1k was the only one i opened in 01/2011 and the rest i opened the last six months.... A lot of apps and denials, i mean A LOT!! But when i opened my walmart and chevron (Started $500 and $400 CL)i think i had 10 negatives including 4-5 collections....gap started ($200 CL).. Am down to 2 charged offs and 1 collection (5-6 yrs old).... Am glad am gettn nice increase from GE and i got Zync before it was discontinued..am gonna try chase and barclays at the end of the week and am done for the year

Re: App spree

kobe2012 — Tue, 23 Oct 2012 16:07:12 GMT

@nicholasyud wrote:
Does my credit score going to dings a lot if I apps for two cards now ?????

i havent seen any changes in my score after 6-7 inquiries...i have at least 7+ on each bureau the past 6-7 months

Re: App spree

distantarray — Tue, 23 Oct 2012 16:33:59 GMT

@nicholasyud wrote:
After my Credit One hit 6 months period, im going to apps for maybe 2 credit card. i already paid all my balance on my card under 10 bucks........and utility down under 9%. My score should increase somewhere around 670 or 680..........Credit file is on my Signature......Here's my list
Discover More
US Banks
City Banks
Amex
GE
So what do you guys think ?? The best 2 cards there.......Im planning on the long run and maybe going to closed my newest credit one card till its hit 1 years anns......And maybe Orchard Bank next year.....So if i add 2 more ccards right now and stick with it then its not going to hurt my AAOA that much........I need some advice......thanks guys.....My AAoa about 3.2 years and i had 8 TL......

If you can try to get an Amex right now for back dating purposes since they're the only ones to do it. Also Chase Freedom beats out Discover more cause you need to spend over $3000 a year to start getting 5% I believe. Personally my lists would go

1. Amex

2. GE cards cause they offer GENEROUS CLI's and a Walmart card would give you access to a TU08 Fico score.

3. US Bank Cash+ if you can get it , or a Chase Freedom card

4. Citi Forward for restaurants at 5%

5. Discover more

Re: App spree

nicholasyud — Tue, 23 Oct 2012 16:51:50 GMT

The reason I list those card not because its the one I want the most but the one I know i had imore change they would approved me ........I love Amex but I hate the way they do with their annual fees and plus I don't need a charge card.....I rather wait another 1 or 2 years then apps for their prime cards.........I'm only ant about two cards right now and choose the one that really grow with me......

Re: App spree

XxRaVeNxX — Tue, 23 Oct 2012 16:53:37 GMT

Why dont you apply for the Discover IT card

https://www.discover.com/credit-cards/index-beyond.html?gcmpgn=0712_ZZ_srch_gsap_txt&srchQ=discoverit&srchS=internet_cm_corp&srchC=internet_cm_fe&srchP=1

Re: App spree

nicholasyud — Tue, 23 Oct 2012 17:03:57 GMT

Since Discover It new....I really don't wanna take my risk.....did you approved for it ?What's your credit score ???

Re: App spree

XxRaVeNxX — Tue, 23 Oct 2012 17:10:12 GMT

Isn't it just the upgrade to Discover More...almost identical

Re: App spree

nicholasyud — Tue, 23 Oct 2012 17:29:41 GMT

I'm not sure but it's seem they offer for more benefit meanwhile they probably had some strict approve Requirement

Re: App spree

distantarray — Tue, 23 Oct 2012 18:40:43 GMT

@nicholasyud wrote:
The reason I list those card not because its the one I want the most but the one I know i had imore change they would approved me ........I love Amex but I hate the way they do with their annual fees and plus I don't need a charge card.....I rather wait another 1 or 2 years then apps for their prime cards.........I'm only ant about two cards right now and choose the one that really grow with me......

They have cards that aren't charge like Delta Gold which waives first year's annual fee, and you can cancel it before it renews and you'll still have the back date. Remember besides charge cards they also have revolvers.

Re: App spree

nicholasyud — Tue, 23 Oct 2012 19:39:19 GMT

@distantarray wrote:
@nicholasyud wrote:
The reason I list those card not because its the one I want the most but the one I know i had imore change they would approved me ........I love Amex but I hate the way they do with their annual fees and plus I don't need a charge card.....I rather wait another 1 or 2 years then apps for their prime cards.........I'm only ant about two cards right now and choose the one that really grow with me......
They have cards that aren't charge like Delta Gold which waives first year's annual fee, and you can cancel it before it renews and you'll still have the back date. Remember besides charge cards they also have revolvers.

I don't wanna have cards then cancel .....I just need to add 1 or 2 trade line and stay with it...but thankhs thou

Re: App spree

distantarray — Tue, 23 Oct 2012 20:33:26 GMT

Then why not try for Amex Clear or Amex Costco you still get backdating with no annual fees and it's not a charge card

Re: App spree

nicholasyud — Wed, 24 Oct 2012 00:02:43 GMT

Would they approved for 670 Fico score thou ???? If they do then I would love to have one of them....

Re: App spree

kimmiller112 — Wed, 24 Oct 2012 00:33:26 GMT

If I were you, I'd go with a Walmart card. You get the free TU score, plus, if you call in every four months, GE is very good with CLIs. Two months ago, I went from $1000 to $2000. In two more months, I'm going to ask them for $4000. I went from $200 to $1000 with my Belk store card and I got approved for a Paypal Extras MC for $2000 two months ago. I plan on asking for $5000 when it's four months old.

For the other card, I'd suggest either the Chase Freedom or the Discover More. I like the rotating 5% cash back categories. I especially like ShopDiscover and the cash back from the participating stores.

I can't comment on Citi because I just can't get approved for one of their cards. I'm a year away from apping for an Amex. They are pretty strict on bankruptcies being 8 years old and mine is 7.

Whatever you choose, garden for a while and you will be looking good. Just don't forget, if you get Walmart, ask for those CLIs every four months.

Re: App spree

SnackTrader — Wed, 24 Oct 2012 00:59:38 GMT

In reply to Distantarray:

You were mistaken on the Discover More. It always pays 5% for those categories. But it doesn't begin paying 1% on the non-rotating categories until $3,000. It pays 0.25% prior to hitting that threshold.

And there are exceptions for the 1% also, like warehouse stores for example.

Re: App spree

nicholasyud — Wed, 24 Oct 2012 03:50:58 GMT

Other cards seem pretty interesting but Walmart card had like 22.9 % APR......kinda freak me out lol.......
I know it going to be one of my list but maybe i gonna past 'em this time.........I lwant to know about City and US.....is any of them fit with my credit file ????!!1 any suggestion guys

Re: App spree

Sorainzo — Thu, 25 Oct 2012 03:56:41 GMT

Nice. And be careful with applying with all of those inquiries, they may sometimes not affect your score, but they may affect creditors' decision on approving your card application. Were you approved for any cards after those inquiries?