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What should be my next app? CSP maybe?

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
Frequent Contributor

What should be my next app? CSP maybe?

Please don't judge me.  I know I am obsessed with cards as are many of you.  LOL These are my current cards and limits.  They all have a nearly zero balance.  I already applied for increases using soft pulls where I could like Discover, Bloomies and Amex. BoA limit was only $500 and they finally gave me an auto increase to $2500.  Cap One venture is ridiculous!  I have been asking for a CLI and they keep denying it.  The letter that I receive keeps referencing my credit score from August!!  I contacted them via facebook and no luck with this.  I don't undertstand how often they soft pull.  I guess I will try in another couple of weeks. I would love the CSP but Chase has NEVER given me an increase on my freedom card and I'm afraid to get rejected or get a low limit.  I want a 50K limit.  Smiley Very Happy Any ideas on what to get?  My scores are TU-765 EX-724 EQ-739

 

Oh I also recently got the Navy Flagship with a 25K limit and I had the Navy Amex with $8600 and I asked Navy to close the Amex and move my limit to my flagship so now my limit is $33,600.  This made me super happy!  But I still want ONE more card with hopefully a high reward.

 

Discover               $7,500.00

Barclay                  $9,000.00

Navy Visa             $24,000.00

Bloomies Amex  $11,500.00

Cap One Venture $15,000.00

Cap One QS          $6,550.00

BoA Americard    $2,500.00

Chase  Freedom   $500.00

Amex ED  Preferred   $14,100.00

Navy Flagship       $33,600.00

NEFCU visa            $24,000.00

Home Depot          $10,0000

Lowes                     $17,000

 

Total available credit  $175,250

 

Also have Amex Green with 0 balance

11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 1 of 15
14 REPLIES 14
Moderator

Re: What should be my next app? CSP maybe?

Unfortunately, Chase isn't going to give you a $50K SL from the get-go.

Are you looking to capitalize on URs or any type of travel with the CSP? What are your goals associated with getting the card?
Message 2 of 15
Frequent Contributor

Re: What should be my next app? CSP maybe?

I want a high sign on bonus and good travel rewards.
11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 3 of 15
Frequent Contributor

Re: What should be my next app? CSP maybe?

@creditobsessed12

 

when did you open each card and how many were opened in the last two years?

 

is it normal for BofA to start off with that low of a limit when your others are fairly higher?

Message 4 of 15
Frequent Contributor

Re: What should be my next app? CSP maybe?

Most have all been open over 4 years. The flagship was opened recently. The navy cash rewards is 1.5 years old. My AAoA is 4 years I believe. It went down because my student loans were all closed and those were my oldest accounts.
11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 5 of 15
Valued Contributor

Re: What should be my next app? CSP maybe?

The Freedom may be bucketed, hence why the low limit. My suggestion would be to app for the CSP but are you under 5/24? From what your scores/CL look like, I don't think you'll get a 50k limit from Chase and possibly not from any other lender. (Sorry for being blunt).


Scores - All bureaus 750 +/-
TCL - Est. $275K
Message 6 of 15
Frequent Contributor

Re: What should be my next app? CSP maybe?

What does 5/24 mean? I think you are right in that I might not get 50k maybe I should just not apply for anything right now. I don’t want a low limit. I would take 30k as long as the card will grow. How about BoA? Any recommendations?
11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 7 of 15
Frequent Contributor

Re: What should be my next app? CSP maybe?

Oh Nevermind I looked up the 5/24 rule. I believe I’ve had 4 cards opened in the last 24 months which includes the flagship that hasn’t reported yet.
11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 8 of 15
Frequent Contributor

Re: What should be my next app? CSP maybe?

I pulled the trigger and went for the BoA travel
card since it grows quickly and all via a soft pull. They approved a SL of 15k. Has anyone had any success in recon the SL?
11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 9 of 15
Moderator

Re: What should be my next app? CSP maybe?

The $15K SL is actually pretty decent. Would you be using that out of the gate? Potentially, if you haven't used the other BoA account that much in the past 6-12 months then they won't likely budge on the SL.

You would need to contact UW to determine whether your overall profile merits a higher SL. They would be the ones to decide.
Message 10 of 15