Hello everyone, I would like to share info for my recent approval with my CSP...
My highest limit card is my Navy Fed More Rewards Amex & it's only 3 months old so I was torn if I should apply or not but I've really wanted this card for a long time since I travel alot internationally. I said to myself, YOLO and I applied on Saturday, March 27th @ 2am and got an instant approval!
Which credit card? Chase Sapphire Preferred® Credit Card.
Starting credit limit: $14,700
What CRs were pulled? Experian & Equifax (puts me at 5 hard inquiries on both reports.)
My FICO score: 670 Fico 8 /Experian & 718 Equifax as of 3/27/2021
Why this card?:
Reward Points ( Travel benefits) best-known travel rewards credit cards. Featuring 2x points per dollar on all travel and dining purchases, it earns valuable points that can be transferred to 13 airline partners and hotel partners or redeemed directly for travel through Chase Ultimate Rewards.
Higher-than-average points valuation: Many competitors offer rewards points or miles worth just a penny each, but Chase Ultimate Rewards points value is at 1.46 cents apiece, on average.
Sign up bonus ( "80,000 bonus points (a $1,000 value) when you spend $4,000 within 90 days of account opening")
My relationship with Chase... My primary bank since 2012. I've never applied for any of their products 😐
My credit profile:
Total revolving credit before this card: $31,000 (2 cc - Discover $3000, Navy Fed More Rewards $23,000 and 1 store cards My Jewelers $5000)
Utilization: <2% (balance on cc $411 and $0 on store cards)
Oldest account: 16 yrs 6 mo
Average age of open accounts: 5 yrs 9 mo
Baddies: No collections, 3 paid charge offs, 5 accounts ever late (at least 2 yrs old)
Starting Score: 02/2020: EX 520 ✦ EQ 527 ✦ TU 518 Current Score: 11/2020: EX 667 ✦ EQ 720 ✦ TU 687 Goal Score: 800
Discover It $3,000 | NFCU More Rewards $23K | Chase Sapphire Preferred $14,700 | NIHFCU Platinum $6,500 NFCU Platinum $3,000 My Jewelers Club $5,000 | New Coast Direct $5,000 Navient Student Loan - 8 late pays 120 days Feb 2019
June 2021: Experian 710 Equifax 701 Transunion 723
Cards I Have: Cap One QS: $600 (Sock drawer) || Cap One QS1: $4,100 || Discover It: $3,400 || Cap One Walmart: $600 (Sock drawer) || AMEX BCP: $1,000 || Amazon Prime Store Card: $6,000 || Overstock Store Card: $6,050 || FNBO Rewards Visa: $2,600 || Discover Cash Back: $2,000
Wishlist Cards: Citi Double Cash || Paypal Mastercard || Cap One Savor
Gardening from 03/18/2021 to 04/18/2023 (ideally) Total Utilization: 10%