Lol..not for the faint of heart..that is for sure.
The SP/HP strategy works well. Let's say you have two lenders you want a card from. One is a SP the other HP on the same CB. Naturally you'd come out better initiating the SP first then the HP app. Neither would know of the others pull. There's no telling how many people screw that up apping the HP lender first. lol
The SP/HP strategy works well. Let's say you have two lenders you want a card from. One is a SP the other HP on the same CB. Naturally you'd come out better initiating the SP first then the HP app. Neither would know of the others pull. There's no telling how many people screw that up apping the HP lender first. lol
Well I've just read the entire thread again and Gmood1 has really imparted a lot of knowledge here. I second what he said about the impact INQs and Cards Reporting on credit scores. I opened a Chase Freedom and a US Bank Cash+ on 12/28. (That's what counts as a spree to me 
) . My scores didn't budge with inquires to TU and EX. The Chase card then reported as a new account on 1/13 and my EX score fell 3 points but I just got an alert this morning that it was back at 701 which is where it was before the most two recent inquiries. The US Bank card will report on 1/31 so we'll see what that impact is.
After reading through this thread I realized I have a EQ FICO 9 score of 792 with only 1 inquiry. Perhaps its time to hit up PenFed for a Power Cash Rewards Card so I can get the 2% cashback since I already have a checking account with them. Thanks for the distillation of all that knowledge and experience.
wrote:Well I've just read the entire thread again and Gmood1 has really imparted a lot of knowledge here. I second what he said about the impact INQs and Cards Reporting on credit scores. I opened a Chase Freedom and a US Bank Cash+ on 12/28. (That's what counts as a spree to me
After reading through this thread I realized I have a EQ FICO 9 score of 792 with only 1 inquiry. Perhaps its time to hit up PenFed for a Power Cash Rewards Card so I can get the 2% cashback since I already have a checking account with them. Thanks for the distillation of all that knowledge and experience.
That's awesome MB! Mine was a 785 last I checked. Way more INQs than you .lol
In my experience you should be fine. I apped for a Cash Rewards card and two weeks later got an Amex with them on the same pull. Both had $14,000 limits. My scores weren't as good as yours back then. I was still in the 600s.
Unless something has drastically changed. It wouldn't surprise me if you got another card with the same limit.lol
They allow you to close and combine limits. That's what I did. I combined both and dropped the Amex a year later.
With such a great Fico 9 EQ score, I wouldn't be surprised if they offered it to you on SP after the next AR.
Unless something has drastically changed. It wouldn't surprise me if you got another card with the same limit.lol
They allow you to close and combine limits. That's what I did. I combined both and dropped the Amex a year later.
With such a great Fico 9 EQ score, I wouldn't be surprised if they offered it to you on SP after the next AR.
It was two years before I saw the SP preapprovals after joining. It started after Penfed moved to Fico 9 scoring. I have my fingers crossed for you. 😀 Good luck!
Hopefully later today or tomorrow you'll know something.
Thanks. The wait is already too long but hopefully it works out and I'll be able to get that Pixel XL 2. I would have never thought of applying before 6 months had elapsed without seeing your comments in this thread.
Now its Lancelot99's turn.
wrote:It was two years before I saw the SP preapprovals after joining. It started after Penfed moved to Fico 9 scoring. I have my fingers crossed for you. 😀 Good luck!
Hopefully later today or tomorrow you'll know something.
