Hi All!
I am still fairly new to the credit world and am having difficulty deciding my next step. Here are my current specks:
-Chase Freedom ($1500 limit), open for 1 year.
-Discover ($2500 limit), open for 1.5 years.
-Last discover statement said my credit score was 721.
-$75,000 income
-22 years old
-Long time Chase customer but I have no significant amount of cash in those accounts
I am going to be planning and booking travel for January over the next several months so I was considering getting a travel credit card both for the rewards and the 0% foreign transaction fee. Ideally I am interested in the CSR, but I do not show up as prequalified online, I do show up as prequalified for the CSP. However, I am worried about hitting the spend requirement to obtain the sign up bonus for either card in the next three months. I'm on a pretty strict budget through the end of the year, but it becomes significantly more flexible in January and I shouldn't have a problem hitting the spend. So should I book all of the travel on my current cards and then get a travel card right before my trip? Or is there a better option such as a differnet credit card I am not considering?
Sidebar: I recently requested a CLI for the Chase Freedom and of course they want to do a HP. Would you reccomend going through with this? I held off initially in case I decide to apply for a new card. I have three possible inquiries on my credit reports.
