Hey guys,
Thank you for all of the great advice so far. I was just approved or a Chase Disney yesterday for $10k. It's very exciting. The reason I want one more card, however, is I want a 0% apr promo card, esp. with Balance transfer. My concern though is I am not sure if I should hold off for 3-6 months.
Relevant Info:
Previously approved for $18k loan from Discover
Chase approval
No other new accounts
Thin File: 1 Cap 1 at around 2 years, one other card for near 9. No previous installments/other active accounts.
3 Recent EXP inquiries, fico is today at 757. T.U was 750+ Yesterday before it was also hit by Chase. Likely at around 740. EQ is never touched, of course, as it has a near 780. Bleh.
Income 90K / Util per card < 3% and total 3%
So the concern is my 2 new accounts do not show so I am still 'low account' risk. I don't want an app spree. I was wondering if Chase would be able to use my file for 30 days from the disney app to review if I can be approved for a basic Freedom card, so I can have a fair balance and possibly a 0% apr promo if offered. I also know Discover has them as well. Concern is I have 3 recent inq hits (3 fall off from 2 years ago in 90 days) but I also know my loan will hit in 2 months and my score could lower.
Not sure how to approach getting that one last card, whether it's an Amex (experian pull) BCE, Discover IT/Miles or another chase. If you were in my position, knowing this is the last one, what would you do? I was consdering Penfed, too, but I worry they are too conservative and I will be the first person in history to not have EQ pulled as all lenders hate my high score EQ 
Thank you for your time.
@jbh wrote:Hey guys,
Thank you for all of the great advice so far. I was just approved or a Chase Disney yesterday for $10k. It's very exciting. The reason I want one more card, however, is I want a 0% apr promo card, esp. with Balance transfer. My concern though is I am not sure if I should hold off for 3-6 months.
Relevant Info:
Previously approved for $18k loan from Discover
Chase approval
No other new accounts
Thin File: 1 Cap 1 at around 2 years, one other card for near 9. No previous installments/other active accounts.
3 Recent EXP inquiries, fico is today at 757. T.U was 750+ Yesterday before it was also hit by Chase. Likely at around 740. EQ is never touched, of course, as it has a near 780. Bleh.
Income 90K / Util per card < 3% and total 3%
So the concern is my 2 new accounts do not show so I am still 'low account' risk. I don't want an app spree. I was wondering if Chase would be able to use my file for 30 days from the disney app to review if I can be approved for a basic Freedom card, so I can have a fair balance and possibly a 0% apr promo if offered. I also know Discover has them as well. Concern is I have 3 recent inq hits (3 fall off from 2 years ago in 90 days) but I also know my loan will hit in 2 months and my score could lower.
Not sure how to approach getting that one last card, whether it's an Amex (experian pull) BCE, Discover IT/Miles or another chase. If you were in my position, knowing this is the last one, what would you do? I was consdering Penfed, too, but I worry they are too conservative and I will be the first person in history to not have EQ pulled as all lenders hate my high score EQ
Thank you for your time.
Congratulations on your approval. I believe your options are great. If you're looking for good 0 apr promotions, then the AMEX BCE and Chase FU are great choices, if you are also looking for cards that will grow with you in the process. I think these are two great cards to have. Discover is a bit more conservative with their UW, but then again, your scores and income are great so I think you can definitely get an approval with any of these cards. All three offer the same with 0% APR's and well laid out Cashback rewards programs. Good luck in making your decision.
With your stats and income, low inqs, i would just apply for the card you most want. Let the hps age off together. You have great shot at getting whatever you want
If you'd apped for the Freedom the same day as the Disney. There was a good chance of using the same HP. You might get lucky and they use the same pull. There's a good chance they may HP you again. No need to explain why you want a card. Lol
It's your choice and there's nothing wrong with wanting a specific CC.
Good luck..you've a great shot at it.
It's your choice and there's nothing wrong with wanting a specific CC.
Good luck..you've a great shot at it.
