Credit card applications..best way to move forward?

[Anonymous]

I just closed on my house two weeks ago after a long and grueling process (yay!). Anyways, it's been two years since I have applied for a credit card. One due to my credit score being in the 500s and two, because the mortgage process took over a year. In the past year, I have raised my score from 550s to 698 TU, 684 EQ, 674 EX. It was hard but this forum helped me accomplish this goal.

At this point, time is the only way to heal my credit from baddies and missed payments from two years ago. Anyways, I really want to apply for new credit. My income is $85,000 alone. I am thinking of a Lowes, Home Depot, Chase and BOA. I have filled out pre qualifications on every site that offers it. I was pre qualified for every one except Home Depot and Chase.

I'm just looking for the best way to move forward. Ideally, I would like to open two general usage cards and the two store cards. I just increased my amazon, Wal-Mart and jcpenney to $6000 calling credit solutions. Those limits were 600-800 prior to the CLI. Should I do everything at once or space them out?

Thanks in advance!

[Anonymous]

I prefer to do all my applications at one time so accounts can age together. I, however, have never applied for more than 3 accts at one time.

[Kevin5974]

I might wait for those bigger CL to reflect on report. My gut says go for Amex Blue Cash and Discover IT. Lowes is pretty easy to get. They will likely match your Walmart limit, if not more.

[Anonymous]

My current profile consists of

Discover IT $2500 (request CLI one week ago; $500 CLI)
Capital One Journey $1900 (CLI of $700 one week ago)
Capital One Platinum $500 (haven't activated the card in a year; once I activate and use once, plan to request CLI)
Amazon/Wal-Mart/Jcpenney $6000
Target $300
Fingerhut $1000
Cap1 Auto $10000 est
Deferred student loans $35,000

I am also an authorized user for BOA of $18,000 and Barclay is $12,000. My utilization is 1% total.

I feel like with my weak profile, baddies and short credit history, I won't get decent SLs on the cards i decide to apply for. I'm waiting for some advice prior to applying. By then, all of the new CLI will be reported to the CRAs.

From what I have been reading as well as the suggestion for AMEX, I am considering that over Chase. I have pre qualifications from amex already and none from chase. Any thoughts or suggestions of credit unions?

[jl4]

If you’re pondering a CU, Navy Federal would probably be a good option based on the luck others have had. Them and AmEx would be my two picks.