@Anonymous wrote:
Yea they are the bottom of the barrel when it comes to cards, I’m thankful that they gave me my first chance at a credit care but 5 years of perfect payment history and no lates or baddies, my income has increased significantly each year for 5 years, from $65,000 to $130,000, that’s why I was approved with Amex and BoA, and also discover! I will gladly take cap 1 out of my wallet, I’m pretty sure my other 2 cards are bucketed anyway so no need to keep jacking around with them when my other cards will grow quickly
While that may be a factor it is not the deciding factor, there are those on these boards who are approved for these cards with under 30K income.
Although my card is bucketed, I won’t close it, I’ll just let them close it for non use. It’s not hurting anything.
NFCU GoRewards Sig ($40,000), NFCU Cash Rewards ($33,000), PenFed Power Cash ($25,000), FNBO Evergreen Visa ($20,000), Bread Financial Rewards Amex ($19,150), PNC Cash Rewards ($18,400), PNC Cashbuilder ($18,700) , Citi Double Cash ($9600), Discover It Cash ($9000), Walmart MC ($8000), Bank of America Unlimited Cash Rewards ($7500), Fifth Third Unlimited Cash Back Mastercard ($7500), Wells Fargo Active Cash Sig($7000), Apple Card ($6000), Amex BCE($6000), Amex ED($6600), X1 Card ($5000), PNC Points ($8000), Amex Cash Magnet($2000), Fifth Third Truly Simple ($4000), Truist Spectrum Cash Rewards($4500), Truist Bright Card($4500), CapOne Quicksilver(Bucketed @$1500), US Bank Cash+ ($5,000), US Bank Cash+ ($1,000), WF mortgage 195K Fico 8: EQ 766, TU 763, EX 753, FICO 9:EQ 829, TU 812, EX 791, AAoA-97 months, AoOA-28 years
I personally love my Venture and Savor (I'm grandfathered in, no AF for Savor and only $49 for Venture). That being said, since I've rebuilt my credit, there's nothing in their portfolio that would be worth 3 HPs to me.
That being said, they USED to give out credit increases like candy. They've really tightened up over the last two years though, and they no longer want to give you a credit increase if you're not actually using the credit limit you have now. And by using, that appears to mean putting 25-50% of your limit through in spend regularly. Remember about a year ago all the threads about how people had their $25K limits slashed to $15K or 10K?