I'm in the market for a new credit card and am unsure of which to apply for. My goal is to get a high SL. From what I've read here, Venture seems to be the best card for that, but I do not want to get hit with 3 HPs, especially since I am about to take on (my first!) mortgage loan. Don't know if that might potentially raise a red flag. FICO 8 Scores are 695 TU/698 EQ/695 EX with 10% utilization and about $55k in available credit. I've also been considering BofA Travel Rewards - only because I currently have a Cash Rewards card (which I actually just converted over to from a Travel Rewards card) - I started at 3k in 2013 and in the past 8 months got 3 CLIs to 22.9k. BofA has been really, really good to me and I'm wondering if the SL would be comparable to Venture.
Which of these two cards would be the better choice? Or, are there any others I should consider? Would love some input from all the experts here 
@Anonymous wrote:I'm in the market for a new credit card and am unsure of which to apply for. My goal is to get a high SL. From what I've read here, Venture seems to be the best card for that, but I do not want to get hit with 3 HPs, especially since I am about to take on (my first!) mortgage loan. Don't know if that might potentially raise a red flag. FICO 8 Scores are 695 TU/698 EQ/695 EX with 10% utilization and about $55k in available credit. I've also been considering BofA Travel Rewards - only because I currently have a Cash Rewards card (which I actually just converted over to from a Travel Rewards card) - I started at 3k in 2013 and in the past 8 months got 3 CLIs to 22.9k. BofA has been really, really good to me and I'm wondering if the SL would be comparable to Venture.
Which of these two cards would be the better choice? Or, are there any others I should consider? Would love some input from all the experts here
Absolutely nothing, until your mortgage has closed!
It would help if you listed all your current cards.
Lol! That'd probably be wise 
Here's what I have at the moment:
QS - $8650 (combined two cards a few months ago)
BofA Cash Rewards - $22.9k
Citi Prestige - $4250
Citi DC - $2600
Chase Freedom Unlimited - $3000
USBank Flex Perks - $2000
Amex Everyday - $3000
Discover - $1600
Amex Green Card AU - $3000 (primary user got hit with a financial review 5 years ago and Amex will not budge!)
Chase Freedom Unlimited AU - $3000
Wayfair Card - $4600
Neiman Marcus Card - $10.5k
Macy's Store Card - $6500
TJX Rewards Store Card - $2400
@Anonymous wrote:Lol! That'd probably be wise
Here's what I have at the moment:
QS - $8650 (combined two cards a few months ago)
BofA Cash Rewards - $22.9k
Citi Prestige - $4250
Citi DC - $2600
Chase Freedom Unlimited - $3000
USBank Flex Perks - $2000
Amex Everyday - $3000
Discover - $1600
Amex Green Card AU - $3000 (primary user got hit with a financial review 5 years ago and Amex will not budge!)
Chase Freedom Unlimited AU - $3000
Wayfair Card - $4600
Neiman Marcus Card - $10.5k
Macy's Store Card - $6500
TJX Rewards Store Card - $2400
I would suggest growing your current limits versus cold-apping in hopes of getting a crazy SL out of the gate. You have several cards that grow easily with SP CLI's:
US bank - Ask for $1,500 every few months, and it will most likely be a SP.
Citi- SP every 6 months, sometimes more frequently, almost guaranteed.
Capital One - SP every 6 months with regular usage and large payments.
Amex - 61 day initial 3x CLI. 3X every 6 months after that.
Discover - Can ask any time, but most people see regular SP increases every 60 or 90 days. Can grow into a monster limit in less than a year.
Once you you start getting these limits above $10K, and your income can support it, the $20 and $30K big boy limits come quickly, as you've seen with BoA. I would suggest you wait until your mortgage has closed before requesting CLI's though. Your lender looks at all your lines of credit, and might ask you to close some cards if they think your risk is too high.
I have actually gotten CLIs for all those cards within the past month, apart from US Bank - they denied my request stating my account was too new (opened last July). I suppose it would be smarter to wait another 6 months or so until I can request more CLIs. But I'm really itching for a new card!! 
@Anonymous wrote:I have actually gotten CLIs for all those cards within the past month, apart from US Bank - they denied my request stating my account was too new (opened last July). I suppose it would be smarter to wait another 6 months or so until I can request more CLIs. But I'm really itching for a new card!!
I would be a hypocrite if I told you to suck it up, because I'm apping for the Venture next month in hopes of a $10K+ starting limit, lol.
Just wait ant until your mortgage closes before doing anything.
@Anonymous wrote:I'm in the market for a new credit card and am unsure of which to apply for. My goal is to get a high SL. From what I've read here, Venture seems to be the best card for that, but I do not want to get hit with 3 HPs, especially since I am about to take on (my first!) mortgage loan. Don't know if that might potentially raise a red flag. FICO 8 Scores are 695 TU/698 EQ/695 EX with 10% utilization and about $55k in available credit. I've also been considering BofA Travel Rewards - only because I currently have a Cash Rewards card (which I actually just converted over to from a Travel Rewards card) - I started at 3k in 2013 and in the past 8 months got 3 CLIs to 22.9k. BofA has been really, really good to me and I'm wondering if the SL would be comparable to Venture.
Which of these two cards would be the better choice? Or, are there any others I should consider? Would love some input from all the experts here
You should not be applying for anything since you're about to apply for a mortgage.
Just thought I'd share a little update...mortgage lender ran my credit and my loan was approved today (yay!). So I thought what the hell, let me apply for both the Venture card and BofA card. Well I'm left feeling a little disappointed to be honest. Got approved for both, Venture @ 5k limit and BofA at a mere $1,800 limit. I feel so foolish and feel like I absolutely wasted those hard pulls (not to mention my AAoA is going to be way lower now). I really thought I would get higher limits 