I went into the Garden in May 2019 to prepare for a potential home purchase in June 2020. My timetable got moved up and I got preapproved for a home in February 2020 and closed on my new home on April 14th. (VA Loan through Veterans United) Knowing I'd need to make some purchases for my new home and pay some moving expenses, I acquired the following new cards:
4/15/20:
Discover It #2 - $3K
Amazon Prime Rewards Sig VISA - $10.5K
Amex EveryDay - $18K
4/22/20:
FCCU Platinum VISA CLI $14K-->$20K
Regions Life VISA - $10K
BB&T Bright VISA - $7.5K
Langley FCU Cash Rewards Sig VISA - $15K
5/6/20:
PenFed Gold VISA - $17.5K
Alliant CU Platinum VISA - $10K
5/8/20:
RBFCU Premier Rate MC - $2K
Yes, I know that's a LOT of activity over a relatively short time. I have been with several of these lenders (Discover, Amex, Chase, PenFed, FCCU) for many years and have a good history with them.
I did have a small savings account with BB&T and had savings and checking with RBFCU prior to applying for credit with them.
Langley and Alliant are new CU memberships I opened for the purpose of applying for their credit products.
With my first mortgage payment due June 1st and all of these new accounts (several already reporting), I am done for a while. I did join some other banks and credit unions with an eye toward products next year. I did not hit up every Bank/CU I have accounts with, so I'll look to them next year as well.
Please don't think I'm advocating for anyone to "do as I do." We all take in information and then make decisions we think are right for us. Some work, some don't, but sharing information at least makes our decisions somewhat "informed." And remember, all of our files are different and the variables involved are sometimes too numerous to list, so your experiences may significantly differ from my own.
well done .Congratulations! ..