3 CC applications within 1 month. Is that too many?

[rrscott426]

I'm 1 month post discharged BK13 and have applied (approved) for the AMEX hilton honors Aspire card (3.1k) and Cap1 Venture 1 (5k), I really want the SAVOR card. Will that be too many apps within a months time? Should I wait to app for the SAVOR card?

DP's are TU 708, EQ 703, EX 703. I currently have NFCU Amex (4k), Discover (2.3k), Paypal MC (2.4k), Paypal credit (1.2k), Cap1 QS (1.2k) and Upgrade LoC (8K - used 4k for CC consolidation back in November). Util is at 26% due to Upgrade not reporting correctly. I've been disputing for 2 months now. 

[Anonymous]

It really depends on your profile.  3 CC apps for a strong profile is no sweat.  Looking at what you've got going on though, I personally think it's a bit aggressive.  I would sit on your hands a bit longer and at least get your reported utilization down to an ideal place before pulling the trigger on additional credit.

[OmarGB9]

3 CC inquiries/new accounts may or may not be too many. It just depends on the lender as well as what your profile supports. In Capital One's case, they can be inquiry sensitive, but regardless, they'll only approve one card with them every 6 months as per their new(ish) policy.

[rrscott426]

Cool, thanks for the advice...I didn't know about the 6 month policy. I'll hang tight on apps for 8-9 months. 

[OmarGB9]

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@rrscott426 wrote:

Cool, thanks for the advice...I didn't know about the 6 month policy. I'll hang tight on apps for 8-9 months. 

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You're welcome and good plan. 👍