No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
So i've been debating whether to apply for the Discover IT and the AMEX Blue Cash. Did some searching and people had posted that Discover pulls from TU which is my highest score of 662, and AMEX pulls from EX which is 646.
Went to Discover and applied, but once I submitted the app, the site was down? So decided to go for the AMEX and was APPROVED!!! They didn't give me the special finance offers though, but got a $500 CL with an email that told me if I post a balance and pay on time for 5 statements, I "could" get a CLI.
So next morning, went ahead and tried Discover again, and was denied due to serous delinquencies, revolving credit too high, and too many inquiries. Serious Delinquencies are my 7 student loans that all reported 90 days last 2 years ago, my utilization is at 48% which is a bit high, and i've got 12 inquires. So i'll try again in a few months once I drop the utilization down, which is high from Christmas.
Funny thing was Discover pulled EX and EQ initially, and then TU later? I got credit alerts for all 3. The AMEX only pulled from EX.
I was kinda hoping for both, and was actually expecting the opposite, an approval from Discover but denial from AMEX. Honestly, when I first started rebuilding around Sept, 2015 I thought it was going to take me years to have an AMEX! It was a great feeling to see an approval from them! Yeah its only $500, but its a start!
And now, its going to be gardening for a while now...
Congrats on the AMEX! Its a place to start a relationship with them.
@ALLgoodABQ wrote:
So i'll try again in a few months once I drop the utilization down...
Honestly I don't recommend apping for anything unless you absolutely need it until your scores are 700+. Can you get an approval with sub-700 scores? Sure, but you also have a significantly higher chance for denials as you just experienced one. Every time you app, you take a step backwards with respect to building your credit profile. You just got in with Amex, congrats with that. If I were you I'd focus on that card for a while and don't think about Discover again until you see your scores at or above 700.
Congrats on the AMEX card! I've been looking at the Everyday and Plenti cards but didn't know how much of a chance I would have at getting one. Read about people with similar scores but with more HP and delinquent accounts that would get approved. Even if my limit was only $500 with one of those cards, that approval would be good enough for me.
Congrats on your Amex approval! :-)