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Which card should I apply first?

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eastsea
Regular Contributor

Which card should I apply first?

I recently received 3 CC pre-approvals in the mail, BBVA Clear Points, TD Bank Cash, and Discover IT, and I want them all.   (Greed, thy name is me.)    I am interested in all 3 but I want to start with the one most sensitive to inquiries first.  I have a BCE 10/2019 and a BoA Cash Rewards 12/2019.   FICO scores around 770 across all 3 CRAs and inquiries are at EX 3, TU 1, EQ 0. 

 

Is anyone of them more sensitive to inquiries and recent cards more than others?   Which one should I go for first, second and third?  

 

PS, I also have another BoA cash rewards pre-approval and I am surprised because I thought I was not allowed to have 2 BoA cash rewards at the same time.  By any chance I can have a 2nd one or a co-branded version such as WWF or MLB?  Really like this card.   Very versatile and useful.  

 

 

6 REPLIES 6
Anonymous
Not applicable

Re: Which card should I apply first?

BBVA is not sensitive to inquiries. I can't say for sure about the others.

Message 2 of 7
issac2x
Frequent Contributor

Re: Which card should I apply first?

I'd go TD Bank - BBVA - Discover in that order.

 

BOA does allow you to have more than one card but be aware of the rules before you apply for another BOA card. Afterwards I'd garden for awhile before apping for anything else.


Message 3 of 7
AverageJoesCredit
Legendary Contributor

Re: Which card should I apply first?

Id just be wary of getting too much too soon with Boa. They can be sensitive to alot of new credit. Not saying anything would happen just be wary. Good luck on your applications

Message 4 of 7
Remedios
Credit Mentor

Re: Which card should I apply first?

If you keep adding inq, watch the preapproval APR change on Disco prequal.  While they may not deny with preapproval, credit seeking certainly changes terns and leads to diminishing returns. 

I wouldn't go for more than 2 cards.

Also, what @AverageJoesCredit  said.

Several members reported closures because new cards appeared after Bank Of America approvals.

I totally understand the credit greed, I suffer from it myself, but lenders are suffering from "Go chill for a while" 

 

I strongly suggest you reconsider this approach. 

Message 5 of 7
eastsea
Regular Contributor

Re: Which card should I apply first?

Thank you all very much! 

 

I will take the advice and only go for 2 cards, starting with TD, and then BBVA.   Clear Points is my goal card.  

Message 6 of 7
pinkandgrey
Senior Contributor

Re: Which card should I apply first?

Agreed. BBVA isn't particularly inquiry-sensitive in my experience, so I'd take that one second. Disco It is a great card, and eventually I would definitely go for that one. But stopping with two for now is a good decision. 

 

"Greed, thy name is me" made me laugh too much. 

 

Good luck!!!

Discover It: 26.5k
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Message 7 of 7
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