@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
As of right now my credit is still new and I can accept the cards/limits I have. Cap one secured $400, qs1 $300 to $750 last week, dcu visa $500, barclays rewards $1000. Next year, likely july 1st, which will be one year since my first card (secured) and since I have 4 accounts opened in 24 months and I want a csp, no accounts before csp app. Which means build nice limits with qs1 and barclays until july, get csp. I want a bcp but don't know if a prg is necessary as well. I don't travel at all, so definitely would cancel before the af but the bonus would be nice. Is the freedom necessary as well? I know it compliments the csp and having those two ur cards seems wise. Prg is mr which doesnt compliment bcp at all.
I have no problem with closing all current accounts for these prime cards, maybe keeping qs1/qs (will attempt pc in april) opened and SDing it unless I want the no ftf at some point.
Basically, my research says freedom and csp go well and since I want a bcp, not sure what I should do in regards to prg. If Im gonna close it anyway before af, then opening it wouldnt matter Id assume.
Please list your three fico 08s, AAOA, and monthly spend divided into categories (gas, dining, grocery, travel)
eq 629, tu 752, ex 716 - eq needs to delete 2 collections the other bureaus already did. Disputes open and will be completed next week.
Aaoa is .4 and thats with my au account from july 2013. After I remove that in jan, all my accounts are from july 2015-sept 2015.
$40 a week in gas
$100 a week in dining
$40 a week in groceries but that's without amazon gift cards I'd undoubtedly buy at store for the cash back bonus. Likely $100 a month on amazon if that.
Don't travel ever.
$100 a week misc spend. I quit drinking last week so that could change things a lot.
@Anonymous wrote:
What I am thinking:
Bce to start, could pc to bcp of course if grocery spend warrants it
Qs, rather not take the hp for the dc if my qs1 gets a pc to qs
Discover it, use for the categories
So that takes care of groceries (bce), gas (bce or discover category), everything else (qs). Don't find it necessary to get the chase aarp for dining or fort knox for gas. Boa 3-2-1 also isnt worth it. Some details got leaked for the citi costco card and its rather underwhelming. So, bce, qs, discover will be my lineup likely.
Of course if something new comes out, I'll reevaluate. Also, Freedom is still an option since getting in with chase would be nice and the categories will mostly differ from discover it.
For comparison ease, I'm going to put your numbers into annual spends:
$2080 on gas
$5200 on dining
$2080 on groceries
$5200 on gift cards (through grocery category)
$5200 misc.
To break even on the BCP/BCE grocery deal, you need $2500 in grocery spend. You aren't there on your own, but you get there with the gift cards. BCP caps at $6k grocery spend per year. It also bumps gas from 2% to 3%.
If you aren't going to go the AARP route (3% dining, 3% gas, no caps), your dining will probably fall into miscellanous spend. I agree with using Discover or QS(1) for these expenses. If you get in with Discover soonish, you can activate the double cash promotion, which functionally makes it a 2% card with 10% categories and 22% back on Apple pay purchases before Jan. 1. Nobody knows how long the double cash promo will last, so it might be gone by the spring. Or, it might still be going, or it might come back at some point. Nobody knows.
If you can't get the QS1 PCed to a QS, try to get the AF waived. That makes it a de facto QS, just with the QS1 labelling.
If the leaked details of Costco are true, it is underwhelming. AARP + your existing QS1 outperform it.
