Hit the 12 month on my secured card without graduation and checked prequalify/applied successfully for second card.
1st card - Secured Chrome, opened with $500, later PC'd to cash back IT and over time increased security deposit to $2500. Has not yet graduated (statement date is the 4th, so still possible for next week). Hard pull TU 2 months after bk7 discharge, score ~580. I average ~$1500/more in spending, it's my everyday card.
2nd card - Hard pull Experian 708 today. 19.49% and $14,500. Had to provide proof of address (at my new place about a year). Called in after sending documentation.
Kind of in shock. Making good progress on my rebuild, but was not expecting such a huge limit. Still expecting a call back that they made a mistake.
KUDOS to you recoveringfrombk7. That is an awesome approval and SL.
Yes that's exactly what I plan to do. But why on a less active quarter? Does it matter what ur spend is that quarter to combine cards?
I suggested a less active quarter because if you are able to max out both cards for the 5% category in a given quarter the turn around time for having that cashback applied at the next statement, applying for a new card, receiving it, etc might dip into a busy quarter. So I would think if you had a quarter that was less busy you would reduce any headaches.
@JNA1I'm looking for ways to max out the gas/ CVS/ Walgreens. Maybe buying a gas gift card for the rest of the year but I was also thinking Amazon gift cards (inside CVS? Valero? Shell? Arco?).
Have you had any success or suggestions about this?
I was thinking about doing this on the grocery shopping quarter. We spend about 100/week on food, so I figured I'd just buy Aldi gift cards each visit and then use them in the "off-season" to max out the quarter on both cards.