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Applying while retired

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Beast26
Frequent Contributor
‎05-12-2021 08:31 AM
‎05-12-2021 08:31 AM

Applying while retired

My dad is retired from working and has a clean slate with no credit score from a BK from about 5 years ago.  I'm trying to figure out the best starter card for him.  I've heard that sometimes discover could ask for documentation which would be a hassle for me and him to get.  He pre-qualified for the basic capital one cards on the capital one website and he pre-qualified for the discover it secured.  But I'm afraid of discover asking for paperwork since he is retired.  Should I just apply for a capital one platinum card?





Revolving history: 2 years 4months across the board
AAoA:
TU: 5yrs 10months
EX: 2yrs 2 months
EQ: ~5yrs 6 months
Inquiries: Ex: 1/12. EQ: 1/12 Tu: 1/12
As of 10-5-2020

Quicksilver $3,000
Discover It Miles $17,500
Chase Freedom Flex $4,400
Amazon Prime Store Card $6,000
Walmart MC $2,500
Wells Fargo Active Cash $8,000
Citi Custom Cash $8,400
Verizon Visa $20,000
Labels:
Message 1 of 6
5 REPLIES 5
M_Smart007
Legendary Contributor
‎05-12-2021 08:56 AM
‎05-12-2021 08:56 AM

Re: Applying while retired

Cap1 would probably be your "least hassle" bet. IMO

Message 2 of 6
Sandman771
Valued Contributor
‎05-12-2021 08:59 AM
‎05-12-2021 08:59 AM

Re: Applying while retired

Also depending on who was IIBK a local bank he has a relationship would be a good source of a CC as well. Might have to start the secured route at first. 

Starting Score: EQ497/TU496/EX 499
Currently: EQ 620 TU 654 EX 627
in the garden since 6/16/2021
Message 3 of 6
Shooting-For-800
Senior Contributor
‎05-12-2021 08:10 PM
‎05-12-2021 08:10 PM

Re: Applying while retired

Cap One has been know to give up to $3k to start and up to $10k a year later on their 2nd card.

GL!

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $500k unsecured credit in 2024.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!
Message 4 of 6
Beast26
Frequent Contributor
‎05-13-2021 02:28 AM
‎05-13-2021 02:28 AM

Re: Applying while retired

Thanks!  I just seen this and he got $3k on his quicksilver!





Revolving history: 2 years 4months across the board
AAoA:
TU: 5yrs 10months
EX: 2yrs 2 months
EQ: ~5yrs 6 months
Inquiries: Ex: 1/12. EQ: 1/12 Tu: 1/12
As of 10-5-2020

Quicksilver $3,000
Discover It Miles $17,500
Chase Freedom Flex $4,400
Amazon Prime Store Card $6,000
Walmart MC $2,500
Wells Fargo Active Cash $8,000
Citi Custom Cash $8,400
Verizon Visa $20,000
Message 5 of 6
FinStar
Moderator Emeritus
‎05-13-2021 11:09 AM
‎05-13-2021 11:09 AM

Re: Applying while retired

As the OP has provided an update and indicated their family member was approved, this thread is now locked and closed to new messages. 

Message 6 of 6
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