I have been gardneing since january when I opened Citi Costco Anywhere and Sears Retail Card. I want to only apply for one new card in July as inquiies drop off. I am debating on which would be me best move at this time. I am highly considering Barclay Ring or Forward, Citi Thanks You Car, Walmart and either Lowe's or Home Depot. Or maybe a line of Creidt. WHich would be best and worth taking the HP for? My TU is currently 744 EQ is 746 and EX is 744. I currently have 8 open accounts and one closed auto loan. My average account age is just over 2 years now so I only want to apply for one and then return to the garden. I have 1 inquiry on both TU and EQ and 5 on EX. My UTI is under 1% currently. I haven't hadn't been using credit much just the auto loan which I paid off in 2013. No baddies. Your advice will be greatly appreciated.
@Anonymous wrote:
Since you already have a nice portfolio of credit cards, I would suggest a personal line of credit. PenFed would be a good place to start.
The Barclays Ring is my favorite, but the new Barclay Ring card is different than the one I have; it has higher interest.
The Cash Forward, which I also have, is really not so great; much prefer my Quicksilver.
Among my favorite cards that I have are my PenFed Promise and Langley Select for versatility, and my Chase AARP and Amazon Prime for cash back.
PenFed has a good 2% cash back card, but to get the 2% rate you need to maintain a checking account, and their checking account requires either a $500 minimumbalance or $500 in monthly direct deposits to avoid a $10 per month service charge.
@Anonymous wrote:
Thanks for all your suggestions! I went ahead and decided to apply for the Barclay Ring Mastercard. I received the 7-10 day message response. Now today 9 days later, I recieved my approval email. Its back to the garden for me now until 2018.
Congratulations Not an easy card to get