3 Quick Questions [ Citi Double Cash, Discover IT, Saliemae]

[Anonymous]

 I am going on  my app spree early.

Discover tiped me off

Ive goten a hard 14.99 offer in the mail, today the online offer dropped to 12.99

Im going for it

Citi double cash is showing on prequal for 22.99 . Ive heard rumors that on approval they had lower APRs Is this accurate in some cases?

Salimae- Im going for it.

What order should I app?

Im thinking discover to lock in the 12.99 without effecting what they saw, then Citi, then Salimae? 

Im going in HOT in 20 minutes, give me some intel guys!

[kdm31091]

Sallie first, they are the more inq sensitive, and then Double Cash and then Discover.

I will caution you that I have not heard of Citi lowering APRs right away, though. If that's a concern, be careful. They cannot lower it at first because you'll be in a 0% period and after that there is still no guarantee of them lowering it.

If you're being offered a 12% Discover, a 22% Citi card sounds atrocious to me personally. It's almost an insult. Look into a Quicksilver -- at least check the prequals and see what APR they'd offer you.

Citi has been known to raise a starting limit on a Double Cash with a 2nd HP right away but not change the APR that I'm aware of.

[Anonymous]

Do you plan on carrying a balance?  If not then the APR shouldn't matter.  Double Cash is really only worthwhile if you don't carry.  Otherwise you are getting 1% and then another 1% on whenever you make the payment.

Either way, ignore the QS suggestions.  Cap1 will triple pull and not worth it for their sub par product.

[14Fiesta]

Don't know if you apped yet, but depending on how many INQ in last 6 months, go City, Barclay, Discover. 

I've heard if you cold app for the double cash you can get a lower initial APR than the pre-qual offer.

[Anonymous]

I made It Out.

I apped Discover, Citi, SaliMae

SallieMae gave me some SERIOUS LOVE.

Discover

$4500 @ 12.99%

Citi Double Cash

$3700 at 22.99%( OUCH)

SaliMae

This is where it gets legendary

$10,000 @ 20.99%

WHAT!?!?!?!

[Anonymous]

Congrats! Those are some great cards and limits that you grabbed.

[kdm31091]

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@Anonymous wrote:

Do you plan on carrying a balance?  If not then the APR shouldn't matter.  Double Cash is really only worthwhile if you don't carry.  Otherwise you are getting 1% and then another 1% on whenever you make the payment.

Either way, ignore the QS suggestions.  Cap1 will triple pull and not worth it for their sub par product.

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0.5% less in rewards, awarded instantly, no FTF, no redemption minimums, is not exactly "subpar". You may not like Cap One but the Quicksilver is a fine product and at least they are willing to give decent APRs on it. Whether you "plan on carrying a balance" or not, you should always seek a lower APR. I mean, why not?

Anyway, seems OP got a decent limit on Double Cash, and maybe they'll lower the APR over time.