topic Re: Mini app Spree in Credit Cards

Mini app Spree

Anonymous — Tue, 09 Apr 2013 05:36:33 GMT

Hi Guys,

I just checked myFICO score 5 minutes ago for EQUIFAX and came back with a 742! suprised me. one question I have: Is the Transunion score obtainable with the free trial i just got or is it a seperate purchase?

Back to the topic I plan to app for a couple of cash back credit cards. my dream card is the Amex BCE and following that I cant decide between the Chase Freedom or the CITI Dividend cards. they both offer the sign up offer of spending $500 in the first three months to get $100 cash back. what do Y'all suggest? and do you think I would be approved for them?

Credit Profile:

Age: 20

Full time student, part time employee: $10,149 annual income.

Three open accounts:

Ge/Autocare Store Card: $1500 (March 2011)

Golden One Student Visa $1000 (August 2011)

Citi Student Foward $1300 (February 2012)

AAOA--1 year 7 months

Experian inquiries 5 total, most recent nov. 2012 others are over a year old.

Equifax inquiries 3 total.

Perfect payment history, no negative reports whatsoever.

Utilization 3% on one card other two have no balance.

Fico score from EQ---> 742

Any advice would be appreciated

Re: Mini app Spree

Anonymous — Tue, 09 Apr 2013 05:38:14 GMT

I think you will be approved for all of the cards you listed. So it's up to you on which cards you want.

Don't go on a crazy spree though, you might get into FR trouble because your income is considered low and your file is also pretty thin.

best of luck!

Re: Mini app Spree

09Lexie — Tue, 09 Apr 2013 05:44:55 GMT

You should be fine with Chase and you already have a history with Citi so I don't see a problem there either.

Good luck!

Re: Mini app Spree

BearsAndTurtlesRtheBest — Tue, 09 Apr 2013 05:49:16 GMT

If you apply fo freedom(which you should) let us know the outcome! Good luck

Re: Mini app Spree

Anonymous — Tue, 09 Apr 2013 06:03:50 GMT

With the responses Im Leaning towards the freedom card. Since I have a good history with citi it would be nice to start one with chase. The thing I like about citi products is the citi cli via SP online. Does anyone know is chase does the same?

Re: Mini app Spree

Anonymous — Tue, 09 Apr 2013 06:06:18 GMT

@Anonymous wrote:
With the responses Im Leaning towards the freedom card. Since I have a good history with citi it would be nice to start one with chase. The thing I like about citi products is the citi cli via SP online. Does anyone know is chase does the same?

with chase, any CLI is HP sadly.

Re: Mini app Spree

Anonymous — Tue, 09 Apr 2013 06:23:59 GMT

One card I forgot to list is the US bank cash+. Is this card only availible in the VISA signature version? From my understanding they start the cl's at $5,000, and I don't have a tradeline even close to that. Is this card obtainable for me??

Re: Mini app Spree

bluesnowman — Tue, 09 Apr 2013 06:44:06 GMT

Grubs, my income is slightly higher then yours. To be honest, I don't think you will be approved for it. I was reading in a topic here on the forums that 2 of the requirements include having a 720+ along with an income of 30k+. But you should be okay for the other cards (don't go for the dividend, It's not that great of a card from what I hear.) The Freedom is on my list of cards to apply for and the BCE. But good luck on apping for those cards and may you be approved!

Re: Mini app Spree

Anonymous — Tue, 09 Apr 2013 07:19:58 GMT

Thanks bluesnowman! I kind of figured that but oh well the chase freedom should be fine. I'm just gonna try and dig up some old sign up offer links to try and get the best deal for both cards.

Re: Mini app Spree

Anonymous — Tue, 09 Apr 2013 07:27:57 GMT

because of your income, there is a good chance that most banks will start you out with toy limits.

As for Chase, you need to know that their cards do not grow with you. There's a chance of auto CLI, but it's rare and unpredictable.

So if you need to be prepared to sacrifice another HP in the future to get your limits raised for Chase.

As for US Bank Cash+, I would recommend you apply for this later when you have higher limits on other cards and also a higher income.

Re: Mini app Spree

Anonymous — Tue, 09 Apr 2013 19:50:53 GMT

UPDATE: Instantly Approved for the AMEX BCE! I apped through the credit card match website and got the sign up offer of $150 cash back after spedning $500 in the first three months. APR 12.99%(my lowest)

so excited, how do I find out my Credit Line? and how do i get it expedited?

Re: Mini app Spree

SteveUrkel — Tue, 09 Apr 2013 19:54:21 GMT

Congrats! I really want that card

Re: Mini app Spree

09Lexie — Tue, 09 Apr 2013 19:54:28 GMT

Congrats! Give them a call in a few hours.

Re: Mini app Spree

Anonymous — Tue, 09 Apr 2013 20:18:55 GMT

@CarlosC88 wrote:
Congrats! I really want that card

Thanks! It was on the top of my list. good luck when you apply!

Re: Mini app Spree

Anonymous — Wed, 10 Apr 2013 01:34:07 GMT

Another update: called in to check my CL and the nice rep told me $3700!!! I'm stoked was honestly expecting $1000 because of my income. My question is when applying for the 3X's CLI in 61 days is it okay for me to request the full amount? Which would be $11,100(about $50 more than my income) or should I request a smaller amount?

I'm pretty responsible with this credit business so I wouldn't even pass the 30% mark, but it would be nice to have a 5 figure cl.

Re: Mini app Spree

BearsAndTurtlesRtheBest — Wed, 10 Apr 2013 02:59:07 GMT

holy moly! Congrats!!!! AND THUMBS UP ON INITIAL CL thatS even better than others who apply and begin with a $1k CL Congrats to you!!

Re: Mini app Spree

Anonymous — Wed, 10 Apr 2013 04:38:31 GMT

Anyone know if I can request the full 3x's CLI?

Re: Mini app Spree

_jb_ — Wed, 10 Apr 2013 04:45:57 GMT

You can. I don't know that I would though. I'd just stick with the $3700 and when you need more credit (ie: have more income), ask for the 3x then. There is no hardfast rule that says you have to ask for 3x right at the 61 day mark.

Re: Mini app Spree

rtw — Wed, 10 Apr 2013 10:01:07 GMT

Congrats!

Re: Mini app Spree

Anonymous — Wed, 10 Apr 2013 11:17:21 GMT

grats!