Need some advice on what to apply for next

[Anonymous]

I had been reading about that unfortunately I don't use chase anymore I did years ago but closed the account out before I started having credit issues. I signed up to ther credit monitoring service last night and had 3 preapproval cards but wasn't sure if it was the same as a green check indicator. Essentially I am just being very carefull with HP because I don't want to unnecessarily take to many. I really only want to app for one or two more cards and if I don't get them just get a secured and work with my Cap one. Do you think it would be worth it in my position with what my credit report reflects currently to apply for the lower tier Amex everyday or just app for the blue? I've been debating pulling the trigger after that citi rejection but I think that card was just out of my current league. Also should I app both the blue and everyday? Will it only pull once like I have been reading around?

[Anonymous]

When you check for Chase's preapproval, did it give you a fixed APR or just showing a range of APRs? If it's not a fixed APR then it's not a preapproved offer.

If it is a preapproval, use the offer link if you decide to apply and make sure you have the fixed APR in pricing terms during the application. It's reasonably solid offer but as always, no guaranteed approval (same as the "green check mark ").

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[Anonymous]

I just went to the pre approval link at chase and this is what comes up:

http://tinypic.com/r/4q3nh4/9
http://tinypic.com/r/3145lc0/9

On citi, and amex I get no offers  (discover secured offer). I am guessing due to my limited new credit history. Cap one pre approved another platinum and the Qs1, aswell as bank of america and us bank have pre approvals. I essentially raised my score 93 points to 711 EX since I have had the Cap one card 3 months and have some old credit from 2009. I would rather not get credit one or anything like that.

[Anonymous]

I know you are trying to avoid a secured card, but it might be worth it to app for a discover it.  Sign up for their credit scorecard, you will get your Experian FICO8 score monthly (which it sounds like you already get, but might be paying for), and lately many people (myself included) have apped for new cards without a hard pull from Discover.  I was just approved for a $9500 SL with only a soft pull.  Discover is definitely a fan of thin and/or rebuilding profiles.

[Anonymous]

So essentially by obtaining the secured discover it and maintaining it you were able to build a relationship with discover and they offered you a healthy SL by proxy. It doesn't sound like to bad of an idea I essentially just wanted one more non secured card to be able to use my card more. With a $300 limit staying under 30% goes quick. I just have one question with getting that high of a SL is there any outlying factors that would increase a good starting limit? Is it just high score? My salary is around $45k a year and I have been wondering after reading here on how people are getting such high SL.

[Anonymous]

If you don't want a secured card then you will have to apply for some of the non secured cards that you are prequalified for and see if you are approved. That means you will have to risk getting inquiries as that is the way the process works. No one can guarantee an approval but you must apply first to find out if you are approved. You seem to want a guarantee that you will be approved before applying and there is none.

[Anonymous]

I actually didn't start with the secured card.  I had no relationship with Discover other than using the Scorecard.  Honestly, when I had last applied for credit cards, I don't even think Discover offered me a secured card!  I was doing pre-qual apps and did have offers, but if you have the Scorecard, they may not do a hard pull.  This is a fairly recent development with them from my understanding.  Score certainly plays in to your limit, but I think that they also look for things within your profile that help those with thinner profiles get good limits.  When I apped, they did also ask additional questions about financial reserves.  I do have some funds at my disposal which may have helped.  My score is lower than yours and I make less money than you do.  If it makes any sense, immediately after my Discover approval, AMEX declined me.  Not even a small limit - a straight out rejection, even with multiple pre-qual offers.  I don't get it...doesn't seem to be much of a rhyme or reason to anything.

I think it is worth a shot and if you end up getting rejected, you can try reconning and see if they will just give you the secured card since you already took the hard pull.  

[Anonymous]

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@Anonymous wrote:

If you don't want a secured card then you will have to apply for some of the non secured cards that you are prequalified for and see if you are approved. That means you will have to risk getting inquiries as that is the way the process works. No one can guarantee an approval but you must apply first to find out if you are approved. You seem to want a guarantee that you will be approved before applying and there is none.

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I am just simply asking for advice pertaining to my credit profile as I have done alot of lurking here and gotten as much advice as I can to apply to my situation but just wondered what I would be most likely to receive without taking to many HP for no reason thanks for the advice and I think I have two cards in mind I am pre approved for that I am going to app for as soon as my latest payment reports and brings down my utlization to 10%.