@Thorin wrote:I've had a Capital One Journey card for about 6 months with a $750 limit (just bumped up from $500).
I can't get my credit report again until July, but the only thing that should be on it are a couple leftover inquiries (3 or 4) and the payment history Capital One has been reporting. I've been paying it off in full every month and using it semi-heavily (some car repairs came up which had to be done, so I was riding the CL pretty close, but paid it off before I got an amount due, if that matters).
My question is: how long should I wait until applying for a second credit card with only ~6 months of credit history to my name?
I would get a full year of history and let those INQ's age, August you should be fine!
@Thorin wrote:
@Anonymous wrote:
@Thorin wrote:I've had a Capital One Journey card for about 6 months with a $750 limit (just bumped up from $500).
I can't get my credit report again until July, but the only thing that should be on it are a couple leftover inquiries (3 or 4) and the payment history Capital One has been reporting. I've been paying it off in full every month and using it semi-heavily (some car repairs came up which had to be done, so I was riding the CL pretty close, but paid it off before I got an amount due, if that matters).
My question is: how long should I wait until applying for a second credit card with only ~6 months of credit history to my name?
What card are you interested in applying for? Also why do you say that you can't get your credit report again until July?
I was thinking of getting the Walmart card for the TU score/report.
The only thing is that I applied to them just before I applied with Capital One and was denied because I had no credit history, which was what gave me the idea to try for the Journey.
I last did my free credit report in August, 2011 so I guess it'd actually be August.
I think you may be good for the Walmart now (YMMV), but you can pull your credit at anytime with zero penalties.
@Thorin wrote:
@Anonymous wrote:
@Thorin wrote:I've had a Capital One Journey card for about 6 months with a $750 limit (just bumped up from $500).
I can't get my credit report again until July, but the only thing that should be on it are a couple leftover inquiries (3 or 4) and the payment history Capital One has been reporting. I've been paying it off in full every month and using it semi-heavily (some car repairs came up which had to be done, so I was riding the CL pretty close, but paid it off before I got an amount due, if that matters).
My question is: how long should I wait until applying for a second credit card with only ~6 months of credit history to my name?
What card are you interested in applying for? Also why do you say that you can't get your credit report again until July?
I was thinking of getting the Walmart card for the TU score/report.
The only thing is that I applied to them just before I applied with Capital One and was denied because I had no credit history, which was what gave me the idea to try for the Journey.
I last did my free credit report in August, 2011 so I guess it'd actually be August.
That's a good idea 
Why do you want to see a new report before applying? And are you wanting to view a report from each bureau?
@Anonymous wrote:
@Thorin wrote:
@Anonymous wrote:
@Thorin wrote:I've had a Capital One Journey card for about 6 months with a $750 limit (just bumped up from $500).
I can't get my credit report again until July, but the only thing that should be on it are a couple leftover inquiries (3 or 4) and the payment history Capital One has been reporting. I've been paying it off in full every month and using it semi-heavily (some car repairs came up which had to be done, so I was riding the CL pretty close, but paid it off before I got an amount due, if that matters).
My question is: how long should I wait until applying for a second credit card with only ~6 months of credit history to my name?
What card are you interested in applying for? Also why do you say that you can't get your credit report again until July?
I was thinking of getting the Walmart card for the TU score/report.
The only thing is that I applied to them just before I applied with Capital One and was denied because I had no credit history, which was what gave me the idea to try for the Journey.
I last did my free credit report in August, 2011 so I guess it'd actually be August.
That's a good idea
It's not really necessary, but just to explain a bit that I have no idea what Capital One is actually reporting about me. I pay everything well in advance, usually as soon as it hits, so I can keep the credit line open and get the (meager) rewards they offer.
On a side note, does that have much of an effect on my credit score with regards to credit utilization?
@Thorin wrote:
@Anonymous wrote:
@Thorin wrote:
@Anonymous wrote:
@Thorin wrote:I've had a Capital One Journey card for about 6 months with a $750 limit (just bumped up from $500).
I can't get my credit report again until July, but the only thing that should be on it are a couple leftover inquiries (3 or 4) and the payment history Capital One has been reporting. I've been paying it off in full every month and using it semi-heavily (some car repairs came up which had to be done, so I was riding the CL pretty close, but paid it off before I got an amount due, if that matters).
My question is: how long should I wait until applying for a second credit card with only ~6 months of credit history to my name?
What card are you interested in applying for? Also why do you say that you can't get your credit report again until July?
I was thinking of getting the Walmart card for the TU score/report.
The only thing is that I applied to them just before I applied with Capital One and was denied because I had no credit history, which was what gave me the idea to try for the Journey.
I last did my free credit report in August, 2011 so I guess it'd actually be August.
That's a good idea
It's not really necessary, but just to explain a bit that I have no idea what Capital One is actually reporting about me. I pay everything well in advance, usually as soon as it hits, so I can keep the credit line open and get the (meager) rewards they offer.
On a side note, does that have much of an effect on my credit score with regards to credit utilization?
It's best to leave a small 1-9% balance on that card since it is your only card reporting for FICO scoring purposes.