@Anonymous wrote:
Barclay's is a little more concerned than some others when they tell you "too many new accounts." I'd say 12 months not 6 based on my experience with Barclay's. I'd also recommend asking Barclay's what their opinion is of your specific profile and how long to wait.
How many new accounts? 5? 10? 15? Answer also depends on the number, but Barclay's can review all the nuances of your account and customize and answer specifically for you.
Barclay's doesn't want to feel as if you're wanting to add one mare card to your collection with them. I know it's not the answer you want to hear, but I'd wait 12 months for absolute best results.
Yeah, Barclay's credit analysts are excellent, every call I've made to them has been a positive experience. I've had the Rewrds MC since April 2012, auto CLI'd.up to $5700 CL In late March I was approved for the NFL card w/$5k SL, I moved $2700 CL over to it from Rewards and promptly did a 15 mo 0% $4500 BT to pay off a Prosper loan. In early July I was approved for Discover IT and thought before that hits my CR I'll app for the Sallie Mae card, the 5% rewards for gas & groceries a better match for my spending then Rewards MC. I got an "Under Review" message and called to recon. In my mind the NFL was almost 4 mos old, but with the statement schedule I'd actually only made 2 payments, and the credit analyst said it was "too new to rate", so she couldn't approve SM "at this time". I explained that the 55% utilization on NFL was dinging my CS, so I had budgeted an agressive repayment schedule to get the balance down to under $2200 (27% util) by the end of the year, and asked if that would be a good time to re-apply for SM. The rep said "with that kind of payment history and repayment we'd be happy to hear from you again".
