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Credit card application timing advice

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Anonymous
Not applicable

Re: Credit card application timing advice


@ccquest wrote:

@juanjunior99 wrote:

After touch the one-year mark, if I want apply for 3 new cards, what is the best way? apply for all cards the same day? week? month?, what period of time is recommended to leave between applications


I'd say research which bureau they each check. If they aren't all the same, go for the same day that way the new accounts don't show up when the other checks. If any issues, wait 6 months to try again.


^^^This, except use 12 month cycles in my opinion for the reasons outlined above. 

you can even hit two on one bureau in the same day, but I don't think I would go beyond that, but preferably spread out among the bureaus, indeed and as @ccquest said above, quickly, so they don't see the new accounts report.

Message 21 of 22
SouthJamaica
Mega Contributor

Re: Credit card application timing advice


@juanjunior99 wrote:

I want to target the chase...

 

the cards i want are chase freedom and chase sapphire preferred, in my signature you can see my details. I was thinking apply when my AoYA touch 6M, but really I am not sure.. Reading yours advice I get a better idea of when would be the best time to apply. In general, do you think that applying 6 months after opening my last account is a very short time? or do you think I have a chance?


If you're targeting Chase, then you should definitely wait at least 6 months or so, then apply for the Freedom.


Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682




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