Ok I'll do that thanks!
@Beast26 wrote:For a better starting line should I apply for the Amazon visa only after I've built a different card to a $5000+ credit line?
Many people in your situation are in a hurry to build a lot of credit lines and want higher limits. The truth is that if you get a handful of good credit lines, use them regularly and responsibly, and manage your overall credit well for a few years, you'll get much better limits with the big banks than if you apply too quickly with a thin file. My Fico Forums is littered with cases of members who pushed too hard-too fast and ended with lower limits or higher APRs. And those low limits like the $200 to $500 ones you have now will be used as the benchmark other lenders know you can handle. You could be stuck in low-limit hell.
The one-year mark with Chase is simply a minimum guideline but it depends on many profile factors. It would help us to help you if you added some verbage to your signature for us to know your profile better. What is your income? What is your total debts? Debt-to-income is a big concern for underwriters on more thin and unproven files. @wasCB14's experience may or may not be an appropriate guideline. For example, you don't know his credit factors, debts, or income at his time of approval for a CSP at 14 months credit history and a SL of $7.5K. In my opinion, that is not something everyone can expect. There is more to the story than meets the eye. On the other hand, even as a Chase banking customer, he only got $600 on his inital SL card with Chase. There are so many variables between us that we have to be careful about making comparisons and drawing expectations.
In other recent threads, you asked about PayPal Mastercard and Citi Double Cash. I think PayPal Mastercard would be your best bet right now if you want a better card. It gives you some better value than what you currently have and you stand a decent chance of approval, IMO. However, I'd wait awhile on Citi or Chase banks. They're in a different league than where you are now. If you got approved at all, you might be very disappointed at the terms. Sometimes, good things come to those who wait. 
@Aim_High wrote:
@Beast26 wrote:For a better starting line should I apply for the Amazon visa only after I've built a different card to a $5000+ credit line?
Many people in your situation are in a hurry to build a lot of credit lines and want higher limits. The truth is that if you get a handful of good credit lines, use them regularly and responsibly, and manage your overall credit well for a few years, you'll get much better limits with the big banks than if you apply too quickly with a thin file. My Fico Forums is littered with cases of members who pushed too hard-too fast and ended with lower limits or higher APRs. And those low limits like the $200 to $500 ones you have now will be used as the benchmark other lenders know you can handle. You could be stuck in low-limit hell.
The one-year mark with Chase is simply a minimum guideline but it depends on many profile factors. It would help us to help you if you added some verbage to your signature for us to know your profile better. What is your income? What is your total debts? Debt-to-income is a big concern for underwriters on more thin and unproven files. @wasCB14's experience may or may not be an appropriate guideline. For example, you don't know his credit factors, debts, or income at his time of approval for a CSP at 14 months credit history and a SL of $7.5K. In my opinion, that is not something everyone can expect. There is more to the story than meets the eye. On the other hand, even as a Chase banking customer, he only got $600 on his inital SL card with Chase. There are so many variables between us that we have to be careful about making comparisons and drawing expectations.
In other recent threads, you asked about PayPal Mastercard and Citi Double Cash. I think PayPal Mastercard would be your best bet right now if you want a better card. It gives you some better value than what you currently have and you stand a decent chance of approval, IMO. However, I'd wait awhile on Citi or Chase banks. They're in a different league than where you are now. If you got approved at all, you might be very disappointed at the terms. Sometimes, good things come to those who wait.
No installment history, PIF, no baddies, highest CL was $6k on a 5-month old BCE. Also had a 5-month old $4.5k Sallie Mae. Chase checking/savings balances were maybe $10k. I don't recall the income I used on the app (it varies and I try to be conservative in case I have to prove it) but probably mid 5 figures. No special treatment for once having investments there (that didn't emerge until later).
No pandemic or massive spike in unemployment, either. Lender risk appetite is not constant.
@wasCB14 wrote:
@Aim_High wrote:
... What is your income? What is your total debts? Debt-to-income is a big concern for underwriters on more thin and unproven files. @wasCB14's experience may or may not be an appropriate guideline. For example, you don't know his credit factors, debts, or income at his time of approval for a CSP at 14 months credit history and a SL of $7.5K. In my opinion, that is not something everyone can expect. There is more to the story than meets the eye. On the other hand, even as a Chase banking customer, he only got $600 on his inital SL card with Chase. There are so many variables between us that we have to be careful about making comparisons and drawing expectations.No installment history, PIF, no baddies, highest CL was $6k on a 5-month old BCE. Also had a 5-month old $4.5k Sallie Mae. Chase checking/savings balances were maybe $10k. I don't recall the income I used on the app (it varies and I try to be conservative in case I have to prove it) but probably mid 5 figures. No special treatment for once having investments there (that didn't emerge until later).
No pandemic or massive spike in unemployment, either. Lender risk appetite is not constant.
Thanks for adding some data points. I was mainly just trying to point out how profiles may differ widely but this may help. So it sounds like you had no student loans, auto loans, mortgage debt? Pretty good (national household average) income already, probably as a 20-something? And $10K or so in bank balances? Plus another credit card with $4.5K limit already. So, I see a lot of potential differences in profile, depending on @Beast26 's situation. And as you mention, current economic times put a whole different perspective on things.
