@Anonymous wrote:
@Anonymous wrote:
@Anonymous
I have nothing against the VentureOne - and I know that by continually raising my scores, and then putting charges through the card and PIF, it will end up being a really great card with a solid limit down the line. My thought/concern was that - it still hasn't posted a "new account" yet to bureaus, which has kept me that much further away from "most recent account opened;" which would be helpful in terms of the fact that I'm hoping to get an AMEX card before the new account shows up and therefore begin my relationship with AMEX, considering they're a wonderful issuer and a great one to have a long-standing relationship with.
Current personal CL: ~$27k
CL with AU included: ~$45k.
Current posted UTL: 0% (or really 0.35%, which has been rounded down in the reports I've seen)
Base salary: $150k/year... It seems like my personal CL is quite low compared to what I may be able to achieve. I'm not seeking an ultra-high CL, but just something slightly more in-line with my salary so that if I do carry any type of reported balance (yet, still PIF during the end of grace period - always) that a posted UTL won't have such a negative impact on my score, as I've just rebuilt it and intend on continuing to rebuild it. ~FICO8 - 720:EX, 733:TU, 728:EQ
Yeah, I wouldn't have too many opened then closed accounts on my CRs. One won't kill you. It would be kind of like having jobs on your resume that have only lasted 1 month each.
I guess I wasn't being clear enough, I'm not looking to close the account. I'd like to use the VentureOne as it's a great card with great benefits, and I want to start a relationship with Cap1 - even if they are typically seen more as a subprime issuer.
Question was mostly with regards to having the account show up on my CR before I app's for an AMEX, as I know that a "new account opened recently" is more hazardous for new apps than an inquiry...as of right now, so far as my CR is concerned, it's just showing as an inquiry rather than an opened account yet - meaning that apping an AMEX wouldn't show the newly opened account during consideration, but rather just the inquiry.
Plan was to app an AMEX revolver (with hopeful approval) and then afterwards, start using my VentureOne with its $1000 limit as kind of a daily driver for 3 months, rising to $650 UTL, paying it off, rising to $650, pay it off, twice/month -- demonstrating that I'm attempting to use the card for more than its current limit lets me, in hopes that -- at that point -- I would then have my AMEX and have started a relationship with them, as well as then working on CLI with Cap1 - as I'd be okay with it reporting and using it after acquiring the AMEX.
Not trying to close any account, I know that would be a bad move.
