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First card out of bankruptcy

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icyhot
Valued Contributor

First card out of bankruptcy

Ch7 discharged 12/2018.....burned Capital One for almost $30K....just been approved for the Platinum card at $500 with the Credit steps. This is my first card since being discharged, would like to apply for one more but don’t wanna push my luck and not sure who else is open to recent BKs. So I’ll just enjoy this one!
Ch 7 BK discharged 12/2018
Bank Cards: NFCU Flagship Rewards $25K | NFCU Cash Rewards $20K |NFCU More Rewards Amex $17K | PenFed Power Cash $12.5K | PenFed Platinum Rewards $12.5K | PenFed Pathfinder Rewards $10K | PenFed Gold Card $7.5K | PayPal Cashback Mastercard $5K | Apple Card $3.5K
Store Cards: Bergdorf Goodman $10.5K | Neiman Marcus $7.5K | Care Credit $7K |
Scores: EX 656 | EQ 667 | TU 680


Goal Card: Amex Platinum (Amex IIB, waiting for 5 year mark)
Message 1 of 15
14 REPLIES 14
Rogue46
Established Contributor

Re: First card out of bankruptcy

Cap one is pretty forgiving. I burned them also and they gave me the same card and a few months later a QS.  Since your pretty recent bk I would wait a few months and use that card before trying for a second.





Message 2 of 15
MartyWrite75
Valued Contributor

Re: First card out of bankruptcy

Congratulations on your approval!

February 2024: Experian 761 Equifax 762; Transunion 764


Cards I Have:
Cap One QS: $600 (Sock drawer) || Cap One QS (#2): $6,200 (Sock drawer) || Discover It: $11,400 || Cap One Walmart: $600 (Sock drawer) || AMEX BCP: $8,900 || Amazon Prime Store Card: $10,000 || FNBO Rewards Visa: $2,600 || Discover Cash Back: $3,500 || Citi Custom Cash: $9,500 || Verizon VS Visa: $10,000 || Amex Hilton Honors: $10,000 || Amazon (Chase) Prime Rewards (VS): $9,500

Wishlist Cards:
Paypal Mastercard || Bread Mastercard

Gardening to 04/2024(ideally)
Total Utilization: 11%
Inquiries: Exp: (2) Trans: (1) Equif: (1)

Message 3 of 15
chhull00
Frequent Contributor

Re: First card out of bankruptcy

Congratulations mate on your rebuildHeartHeartkudos.gif

 



Message 4 of 15
19eighty5
Senior Contributor

Re: First card out of bankruptcy

Congratulations!

FICO 8 (Feb 2018):EX- 519, TU- 530, EQ- 545
FICO 8 (Sept 2022):EX- 706, TU- 685, EQ- 684
What's in my wallet:


Message 5 of 15
Anonymous
Not applicable

Re: First card out of bankruptcy

Congrats on your approval !!!!

 

 

Message 6 of 15
Anonymous
Not applicable

Re: First card out of bankruptcy


@icyhot wrote:
Ch7 discharged 12/2018.....burned Capital One for almost $30K....just been approved for the Platinum card at $500 with the Credit steps. This is my first card since being discharged, would like to apply for one more but don’t wanna push my luck and not sure who else is open to recent BKs. So I’ll just enjoy this one!

Congrats!

Message 7 of 15
Anonymous
Not applicable

Re: First card out of bankruptcy

Congrats on the approval. 30k and they gave a new card that fast. That's awesome.
Message 8 of 15
Anonymous
Not applicable

Re: First card out of bankruptcy

Hi so I discharged in October of 2018 and waited about a month to apply for anything, I started with the Discover IT secured card for 500 and then was approved for Cap One, Capital One was included in my BK. Here is what I have been able to get - I am now gardening so hoping to get my score up higher. I very rarely carry a balance on anything for more then one cycle and have kept my utilization under 10% and my FICO has gone up about 100 points:

 

Pier One -500

Kohls- 500

Saks - 1000

Bergdorf- 1000

Overstock - 500

Helzberg- 2001

Express - 500

Neiman Marcus-750

Lord and Taylor -750

Discover secured- 500

Capital one mastercard -500

 

 

 

Message 9 of 15
800FICOGoal
Established Contributor

Re: First card out of bankruptcy


@icyhot wrote:
Ch7 discharged 12/2018.....burned Capital One for almost $30K....just been approved for the Platinum card at $500 with the Credit steps. This is my first card since being discharged, would like to apply for one more but don’t wanna push my luck and not sure who else is open to recent BKs. So I’ll just enjoy this one!

Thats insane. Cap1 loves to forgive. 

 

Congrats on the card!!!



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Message 10 of 15
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