@CreditRebuilder2020 wrote:
@Creditaddict wrote:
@CreditRebuilder2020 wrote:
$500 initial SL, with $75 AF.
I know people are going to trash this card, but I'm stil in rebuilding mode and got a Pre-Qualify mailer, I've done some research on the card and yes it has a $75 AF, yes it racks no rewards, etc etc etc - I'm well aware, but I wanted to pull the trigger because my SL's on my other cards are still so small and I'm running my life through my AMEX Green Card right now. I applied online, was approved, 5 days later the card was in the mailbox and I found out I got a $500 SL which was very nice. I've seen posts on the forums that First Savings Bank increases limits up near $2000 - Which would be great for me as I continue my rebuild. I also acquired a Legacy VISA from First Savings Bank, who also issues Blaze, and it started at $350 and quickly grew to $500. I made a committment to myself that this is the last suprime card I will be getting. I'm 6 months into my AMEX Green Card which I got earlier this year. I'm spending roughly $3K a month on it and plan on doing the upgrade to the PRG next year and hopefully getting a revolver once my scores are up in the 680-690 range. But I'm certainly in the garden for now.
Scores right now EX: 650 EQ: 626 TU: 605
Cards are listed in my signature. My total CL is $3,000 now across a variety of cards. I run my life through my AMEX Green card. Light spend on my Capital One QS1 which I'm on the baby steps program for and will soon get a CL increase from $300 to $500 on my next statement. Little by little, it's been quite a rebuild for me. 2012-2014 I was an utter disaster in my early 20's, bunch of utility, cable bills I blew off when I was moving for work. I had a REPO on my car and also was missing payments all over the place on my student loans. I now have 2 years on-time payments on my rehabbed loans, was able to do some Pay and Deletes, but the REPO is there until 2020 in my collections.
I went from not being able to get a secured card at the beginning of 2016 with a Credit Vantage score of 404 to now having my FICO's in the 600's. Looking forward to a brighter future and I'm starting to taste it.
Cheers my fellow Credit Warriors! Rebuilder on the move!
1. you don't need this and it will not grow well so I would close it.
2. You should be asking Cap1 for a CLI each month before the credit steps kick in so you can usually double dip.
3. What's wrong with running your life through the Amex? Amex does their own internal score and you could probably apply for a credit card product with them if you have had the green for a while?
4. Why not upgrade to Gold charge at least for better rewards?
5. Close opensky too... also no growth, add the money to your discover secured!
Cap One has denied me several times on CLI's. I keep the OpenSky just because it's two years worth of on time payments and it shows up unsecured on my credit report. It's always at a zero balance. Amex denied me on the Delta Gold/Everyday/Upgrade to the PRG. They told me I can only upgrade after a year.....was that bad customer service advice?
I guess I could add money to my Discover IT secured. I hear this card "Graduates" but I'm in 14 months and my scores are now in the 600's and I'm still getting the cold shoulder from them. Either way, appreciate the input.
I would apply for the Gold Charge then.
I wouldn't add money to Discover then if it's 14 months old already.
You should just apply for the Amex PRG with the 50k sub offer then cancel your Green card after the 1 year. If you upgrade, the upgrade sub is little to none. Since you are a member already, it is most likely just a softpull. 
@CreditRebuilder2020 wrote:
@Creditaddict wrote:
@CreditRebuilder2020 wrote:
$500 initial SL, with $75 AF.
I know people are going to trash this card, but I'm stil in rebuilding mode and got a Pre-Qualify mailer, I've done some research on the card and yes it has a $75 AF, yes it racks no rewards, etc etc etc - I'm well aware, but I wanted to pull the trigger because my SL's on my other cards are still so small and I'm running my life through my AMEX Green Card right now. I applied online, was approved, 5 days later the card was in the mailbox and I found out I got a $500 SL which was very nice. I've seen posts on the forums that First Savings Bank increases limits up near $2000 - Which would be great for me as I continue my rebuild. I also acquired a Legacy VISA from First Savings Bank, who also issues Blaze, and it started at $350 and quickly grew to $500. I made a committment to myself that this is the last suprime card I will be getting. I'm 6 months into my AMEX Green Card which I got earlier this year. I'm spending roughly $3K a month on it and plan on doing the upgrade to the PRG next year and hopefully getting a revolver once my scores are up in the 680-690 range. But I'm certainly in the garden for now.
Scores right now EX: 650 EQ: 626 TU: 605
Cards are listed in my signature. My total CL is $3,000 now across a variety of cards. I run my life through my AMEX Green card. Light spend on my Capital One QS1 which I'm on the baby steps program for and will soon get a CL increase from $300 to $500 on my next statement. Little by little, it's been quite a rebuild for me. 2012-2014 I was an utter disaster in my early 20's, bunch of utility, cable bills I blew off when I was moving for work. I had a REPO on my car and also was missing payments all over the place on my student loans. I now have 2 years on-time payments on my rehabbed loans, was able to do some Pay and Deletes, but the REPO is there until 2020 in my collections.
I went from not being able to get a secured card at the beginning of 2016 with a Credit Vantage score of 404 to now having my FICO's in the 600's. Looking forward to a brighter future and I'm starting to taste it.
Cheers my fellow Credit Warriors! Rebuilder on the move!
1. you don't need this and it will not grow well so I would close it.
2. You should be asking Cap1 for a CLI each month before the credit steps kick in so you can usually double dip.
3. What's wrong with running your life through the Amex? Amex does their own internal score and you could probably apply for a credit card product with them if you have had the green for a while?
4. Why not upgrade to Gold charge at least for better rewards?
5. Close opensky too... also no growth, add the money to your discover secured!
Cap One has denied me several times on CLI's. I keep the OpenSky just because it's two years worth of on time payments and it shows up unsecured on my credit report. It's always at a zero balance. Amex denied me on the Delta Gold/Everyday/Upgrade to the PRG. They told me I can only upgrade after a year.....was that bad customer service advice?
I guess I could add money to my Discover IT secured. I hear this card "Graduates" but I'm in 14 months and my scores are now in the 600's and I'm still getting the cold shoulder from them. Either way, appreciate the input.
You have to have a AF card for at least a full year before you can upgrade.. think it has something to do with the CARD act...
(Re: Green card) As someone else said it doesn't mean your internal score with AX isnt growing, just not enough yet for a new card
Discover would like to see your TU score a bit higher... around 630 or more... May still graduate but theres likely also some baddies involved that might be slowing it down..
Yeah id still close OpenSky and put the money on your Disco Secured....
The only thing you lose from closing OpenSky is your utilization (which should not be high right now, since charge cards are treated differently than credit for this) and that deposit tied up.. it still reports for up to 7 years....
A lot of folks don't like to see people pick up fee laden cards when they really aren't necessary or will help them out... Its just the nature of myfico... your approaching the area where you shouldnt need them soon..
Congratulations on your approval and good luck as you rebuild. You'll be able to cancel those subprime cards in no time!
@Anonymous wrote:You should just apply for the Amex PRG with the 50k sub offer then cancel your Green card after the 1 year. If you upgrade, the upgrade sub is little to none. Since you are a member already, it is most likely just a softpull.
Wound up doing that and got the ole denial 
That Amex is going to open up so much more for you
. Blaze , ive always thought its the coolest sounding card out there
. Blaze , ive always thought its the coolest sounding card out there