topic Re: Some research before I pull the trigger... Looking for first major CC in Credit Cards

Some research before I pull the trigger... Looking for first major CC

welshdave86 — Fri, 14 Feb 2014 01:10:53 GMT

My signature should show my current scores and UTL, as of today, and for the near future. My scores have recently increased quite a bit and I'm closing in on the 720 I'm been aiming for.

The negative aspects are the short history - just turned 2 years on my Auto loan, which in turn has 6 inquiries alone just for the auto. I'm told this doesnt matter as much because consumers shop around for rates before buying a car so that shouldnt matter.

I'm looking at applying for the Chase Freedom (I have a pre-qual when I log into my Chase online banking) and/or a Discover card, after seeing good things about the 'It' card on these forums.

What can anybody tell me about my chances of being approved? My banker friend at Chase thinks I should be fine and the Recon dept certainly seems like a good alternate if I come unstuck - i'm basically eager to apply but don't want a HP for no return....

Thanks for your time ladies & gents!

Re: Some research before I pull the trigger... Looking for first major CC

gdale6 — Fri, 14 Feb 2014 01:14:20 GMT

From what I have read about Chase you are probably fine and yes they do have one of the best recon departments in the business. Good luck

Re: Some research before I pull the trigger... Looking for first major CC

Anonymous — Fri, 14 Feb 2014 01:18:21 GMT

I think you'll be good for both the Chase Freedom and the Discover It. Imagine most would agree.

There is a great $150 bonus for Discover It right now. The Chase Freedom bonus is just $100 right now - it was $200 when I signed up just over a month ago, and has been more than that in the past if that matters to you.

Re: Some research before I pull the trigger... Looking for first major CC

lg8302ch — Fri, 14 Feb 2014 01:17:08 GMT

@Anonymous wrote:
I think you'll be good for both the Chase Freedom and the Discover It. Imagine most would agree.

Re: Some research before I pull the trigger... Looking for first major CC

welshdave86 — Fri, 14 Feb 2014 01:50:19 GMT

So I should be good for a decent limit you think?

Re: Some research before I pull the trigger... Looking for first major CC

B335is — Fri, 14 Feb 2014 01:54:51 GMT

Any negs?

Re: Some research before I pull the trigger... Looking for first major CC

Anonymous — Fri, 14 Feb 2014 02:03:54 GMT

Get both if you can get the sign up bonuses on both in 3 months. The 5% categories alternate well with the 2 cards.

Re: Some research before I pull the trigger... Looking for first major CC

welshdave86 — Fri, 14 Feb 2014 02:14:37 GMT

No negs, just short history of 2 years- never missed a payment...

Re: Some research before I pull the trigger... Looking for first major CC

efranklin23 — Fri, 14 Feb 2014 02:18:01 GMT

@Anonymous wrote:
Get both if you can get the sign up bonuses on both in 3 months. The 5% categories alternate well with the 2 cards.

Re: Some research before I pull the trigger... Looking for first major CC

welshdave86 — Fri, 14 Feb 2014 02:21:16 GMT

What do u mean by 'in 3 months'? U mean 'for 3 months'? Thanks

Re: Some research before I pull the trigger... Looking for first major CC

welshdave86 — Fri, 14 Feb 2014 02:24:54 GMT

Ohhh- I get it now.. The $100 if u spend X amount right? Got it. Doh!