Should I apply for Amazon Store Card or wait?

Shann0n_marie · ‎05-28-2015

My current TU fico is 637 -- I have been itching to apply for the Amazon Store card because I have Prime and want the 5% back. BUT... my question is, I have quite a few changes waiting to update on my credit report... an old charged off CC account from 2011 which I did a PFD, a CO installment loan from 2011 updated to paid, and another collection from 2012 to be updated to paid.

I'm expecting a FICO score increase at least for the deleted CO CC account... should I wait until all of this updates prior to applying? I'm pretty sure I'd get approved but I guess it would be the a matter of what the credit line amount would be?

Or I could just do a CLI once I have the updated report? Please help point my itchy finger in the right direction LOL!

2/8/19 - CH 7 BK filed
5/15/19 -Discharged
Scores at Discharge: 550 EQ 471 TU 509 EXP (Last Updated 5/11)
5/16/19 - Rebuild Started - App'ed for Credit One - Approved for $2,000 starting line! (Increased to $2200 the following month)
6/7/19 - 606 EQ 544 TU 566 EXP - New CC reported w/ $75 Balance
12/10/19 - 616 EQ 581 TU 592 EXP

8/28/2021 - 698 EQ 670 TU 674EXP

Anonymous · ‎05-28-2015

My report was just as littered as yours when I was approved for a chase Amazon card, but my score was about 655. Hard to guess. Do you have other cards with syncronybank?

Anonymous · ‎05-28-2015

If you do get a letter you do have valid points that your bad stuff is approaching 4 years old and that you are a dedicated customer already. I'm not that old but I'm old fashioned and would like to assume some companies still cherish their repeat business

Shann0n_marie · ‎05-29-2015

@Anonymous wrote:
My report was just as littered as yours when I was approved for a chase Amazon card, but my score was about 655. Hard to guess. Do you have other cards with syncronybank?

I do not have any Synchrony cards yet. I have seen Amazon approve lower than my FICO per these boards but I'm just curious if I'd get a significantly larger credit line if I waited for items to update on my credit report to further increase my score.

2/8/19 - CH 7 BK filed
5/15/19 -Discharged
Scores at Discharge: 550 EQ 471 TU 509 EXP (Last Updated 5/11)
5/16/19 - Rebuild Started - App'ed for Credit One - Approved for $2,000 starting line! (Increased to $2200 the following month)
6/7/19 - 606 EQ 544 TU 566 EXP - New CC reported w/ $75 Balance
12/10/19 - 616 EQ 581 TU 592 EXP

8/28/2021 - 698 EQ 670 TU 674EXP

Anonymous · ‎05-29-2015

A hp is a hp, but go for a chevron or 76/phillips66. Gas cards are easier to get generally. That way if denied you didn't blow it with amazon, if approved then wait and uild, or try at same time, maybe same hp?

Shockedimpy · ‎05-29-2015

A friend got approved for $700 with a 626 FICO. Didnt ask for a CLI via RECON either.