Hey all! So I decided to go on an app spree after getting approved for an auto loan, below are the results. Super HAPPY!
Other cards I have:
Useless cards that I just canceled:
Did your BCE have verbiage along the lines of maintain a balance for 5 months.
Honestly, I can't remember. I usually like to pay my cards down each month. So I will test the water and see what works best. And thank you!
I just got the AMEX BCE with initial limit of $500, and was told I’d have to wait five months to request a CLI. I don’t recall though that they said I had to carry a balance.
For the Amex program that is similar to CapOne's credit steps, you don't need to carry a balance. You just need to have a balance when your statement closes and pay it prior to the due date. No interest accrues due to the 25 day grace period.
And congrats OP! All 3 of your FICO 08 scores were really 630?! Those are impressive approvals.
Thanks for the clarification. I failed to do even that. It closed with $0 each month for th first 6 statements.
Was that because you made mid-statement payments to have it report at $0, or did you really not use it at all? Essentially they want to see payment history, so even going the PIF before statement cuts to report at $0 should work. But certainly not using the card at all for 6 months doesn't show them a pattern of responsible payment history.