cancel
Showing results for 
Search instead for 
Did you mean: 

Building my credit

Auto Loans for ANY Credit Situation. Immediate Response.
Advertiser disclosure
Member

Re: Building my credit

Thanks for the feedback!
For the Chase Ink Cash I definitely can make a use for it- paying for liability insurance, equipment rentals/upgrades, in addition to putting my internet and phone bills on there.
My TU is currently 715, I think a few more months of tending the cards I have will help raise that more.


I have been thinking about diversification, Chase was my first move due to 5/24 and being a Chase customer, so I thought it would be low hanging fruit. I've been occasionally checking to see if i have any prequals that might change my immediate plan. I didn't have any for Amex until today, where the Delta Skymiles card popped up. With Discover, pre approvals for the Discover it® Cash Back and Chrome. I get offers all the time for the Citi AAdvantage card, so that might be another route to take. I do use uber a lot, so the Uber Card is a good alternative to look into as well.

Message 11 of 16
Established Contributor

Re: Building my credit

As long as you don't have blinders on you should be good.

 

Chase can be finicky but, then again so can other lenders.  If you have 1 Amex pop-up then they're all pretty much fair game.  Disco is a good one to have even w/o the benefits they used to offer.  The Miles card offers 3% for the first year and then drops to 1.5%.  Citi has a 6/6 rule that you might be on the cusp of depending on how fast you move on cards and they usually pull 2/3 CR's when you app.  

 

https://www.reddit.com/r/churning/comments/67u9q0/guide_antichurning_rules/  Take a gander at this to come up w/ a plan before pulling the trigger on multiple apps.

500K+ TCL / 800+ FCOs
Message 12 of 16
Member

Re: Building my credit

Any DP on if having a Barclays savings account is beneficial if applying for their cards?

Message 13 of 16
Moderator

Re: Building my credit


@judokaal wrote:

Any DP on if having a Barclays savings account is beneficial on applying for their cards?


That would not provide any type of benefit with an application, unfortunately. 

Message 14 of 16
Member

Re: Building my credit

Sticking to the plan...
Current scores: FICO8 EX 697 | FICO8 EQ 731 | FICO8 TU 731
Card Statuses: 
QS1 ($500)- Just became a year old, payed the $39 AF. Only put Spotify and Tidal Subs on it at the moment + Autopay. I don't think I will get a CLI because of my low use. Is this the time to try PCing? Or should I add a phone bill on there a few months and see if that greases the wheel?
CFU ($3900) - Balance of $1119, with 0% APR until Jan when it turns 1yr, planning to pay that off by Nov/Dec
CSP ($5300) - Paid off some big charges on there, currently balance of $0/ planning to keep PIF

Barclay Aviator Red app successful! $4000 CL
Not an instant approval- it took 5 business days. I think I will use my SUB purchase to reactivate the american miles on my account- would that count as a purchase I would get the 2x on, or is it only for flight purchases? 

Next up: Chase Ink Cash when I am done paying off the the CFU balance, sometime early 2020.

Message 15 of 16
Valued Contributor

Re: Building my credit


@judokaal wrote:

Sticking to the plan...
Current scores: FICO8 EX 697 | FICO8 EQ 731 | FICO8 TU 731
Card Statuses: 
QS1 ($500)- Just became a year old, payed the $39 AF. Only put Spotify and Tidal Subs on it at the moment + Autopay. I don't think I will get a CLI because of my low use. Is this the time to try PCing? Or should I add a phone bill on there a few months and see if that greases the wheel?


Unfortunately, you are most likely bucketed by Cap1 on your QS1. My QS1 started off at $300 CL, increased to $500 after 6 months, $1000 in a year, $1100 after 15 months and I could not get any further CLIs. I called and spoke with a CSR who told me that I would never be able to PC the card. I called back several times and was told the same thing again and again. It was suggested that I apply for the card that I wanted and then close the QS1. 

 

The QS1 was the first card in my rebuild and because my scores were probably low is why the card was bucketed. Even with my scores near where yours are now, it was a NO GO!

 

I called just before my AF was due and asked again for a product change to the QS with no AF. I was told they could not PC the card. That is when I closed the account. 


















Your FICO credit scores are not just numbers, it’s a skill.

Message 16 of 16
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.