@Anonymous wrote:
Discover Cash - 8K
Credit Union - 5K
All these have 0$ balance and never carry a balance. Those % rates ouch!
Wayfair-1550
Victoria-500
Children's Place-500
I'd like a credit card to either JCP, Macy's, Dillards or Kohls. Of the 2 (you listed 4 cards) who tends to have the higher starting limit or gives CLIs more generously?
I'd also like another credit card that's likely to give a good starting limit such as 5-8k like my discover did and also gives CLIs within 3 months or so.
then don't go down the retail road.... Kohl's caps at 3K period and won't grow beyond that. Dillards (WF/AX network) and Macy's (DSNB/Citi/AX Network) at least have non-captive options.
After this I'd like to go to garden other than requesting cli from my cards.
My FICO 8 scores
Exp-673
Equ-638
TU-664
As of now I'd just like to open a clothing store card that runs great rewards and sales with a good limit so it doesnt affect my uti
one more big bank credit card with travel rewards(if possible) Have you looked into cards? https://frequentmiler.boardingarea.com/best-credit-card-sign-up-offers/
I've tried the pre-approval on chase, Citi, and amex to no success. Capital one was preapproved but is that a good card with good limits and increases? Pre-app sites aren't golden anyway. I never had any for Citi or Amex over the years and have cards with both of them now, Amex sitting at 2 cards aggregate 55K and Ciit 2 cards currently at 39K. I never had any luck with Chase either and have an aggregate of 70K+ with them now in the last couple of years and also BOA pre-app isn't more than marketing but, I did score 10K with them that in 2 short years jumped to 65K.
Yes, your CBIS scoring is affected when you have too many retail cards and those retail cards don't do much for your ability to have the ability if you need to carry a balance the higher CL's that afford you the ability to keep the numbers lower.
It's tempting to save a buck when shopping but, credit shouldn't be like your keyring tags that you swipe to get a discount. I had the Macy's Amex for awhile but, never really used it beyond the intial discount at the register and finally just kicked them to the curb because it was just clutter to deal with. Cap1 joined Macy's fate as well the same day.
With scores in the mid 6's the options might be a little more limited when it comes to some of the more glam cards but, you're close enough to pick up an Amex which would be 1000x more productive than more store cards because 1) it's a major issuer and 2) it has immense potential to grow with CLI's.
CU's are great for low APR options but their rewards tend to be not so great. I keep 3-4 of them around for backups but, they don't see the light of day usually because they lack any real benefits outside of age/low apr. As your scores go up though both the CU and Disco cards will reduce your APR if you ask them every once in awhile.... IIRC you can ask Disco every 6-12 months and the CU's vary / might require a HP to check the rate reduction.
Right now I would save Chase for when you're more secure with your profile stats. It's not gong to be worth the double pull right now.
Depending on where you are there are some othe regional banks to consider like BBVA/BBT/PNC/Regions and so on. Some of them offer really good options.
