New card suggestions

xenon3030 · ‎05-01-2022

I plan to finalize a new autoloan soon and afterward, shop a few cards, preferably with a high SUB. Not sure how the banks consider the inquiries from autoloan but hope they identify them as autoloan but not CC. I am less fan of prime travel cards with high AF (due to future uncertainty due to covid), unless they can get PCed to cards with less or no AF. Fico8~800, 4/12, 5/24 and I become 4/24 soon. Which cards do you recommend (among this list or some other cards)? Do I qualify for these cards (considering that I will have a few recent inquiries for autoloan)?

PenFed pathfinder: SUB~50k (~3-4x travel).
Citi Premier: SUB~60k (AF not waived in first year). Is it feasible to PC it to Custom Cash in the second year?
Citi Custom Cash: SUB~200$ (5% categories), no AF.

Fico8: EX~EQ~TU~810 (12 month goal~840).
BOA (CCR, UCR), Chase (CFF, CSP, Amazon, CIC, CIU), US Bank (Cash+, AR, Go, Ralphs), Discover, Citi (CCC, DC, SYW), Amex (BCP, HH, Biz Gold, BBC, BBP), Affinity CR, Cap1(Walmart), Barclay View.

Citylights18 · ‎05-01-2022

Citi Rewards+ has a historically good 20,000 SUB at the moment.

FinStar · ‎05-01-2022

@xenon3030 wrote:
I plan to finalize a new autoloan soon and afterward, shop a few cards, preferably with a high SUB. Not sure how the banks consider the inquiries from autoloan but hope they identify them as autoloan but not CC. I am less fan of prime travel cards with high AF (due to future uncertainty due to covid), unless they can get PCed to cards with less or no AF. Fico8~800, 4/12, 5/24 and I become 4/24 soon. Which cards do you recommend (among this list or some other cards)? Do I qualify for these cards (considering that I will have a few recent inquiries for autoloan)?
PenFed pathfinder: SUB~50k (~3-4x travel).
Citi Premier: SUB~60k (AF not waived in first year). Is it feasible to PC it to Custom Cash in the second year?
Citi Custom Cash: SUB~200$ (5% categories), no AF.

Just one thing to note on the bolded piece. Inquiries are inquiries. A lender will see them individually regardless and doesn't differentiate from vehicle financing or CCs. It's up to their algorithms how they evaluate them internally. For scoring purposes, auto finance or mortgage inquiries are binned together provided they're coded correctly and within a specific timeframe.

xenon3030 · ‎05-01-2022

Last year, I had plenty of mortgage inquiries. After finalizing it, I applied for a few cards and all got accepted, except Citi (CSR said that they rely on EQ and since inquiries were not coded as mortgage, my chance would be low to get approved within the entire year). So, this time I may check EQ and if the autoloan iquiries would not code correctly, I may postpone Citi cards to the next year.

Fico8: EX~EQ~TU~810 (12 month goal~840).
BOA (CCR, UCR), Chase (CFF, CSP, Amazon, CIC, CIU), US Bank (Cash+, AR, Go, Ralphs), Discover, Citi (CCC, DC, SYW), Amex (BCP, HH, Biz Gold, BBC, BBP), Affinity CR, Cap1(Walmart), Barclay View.

Citylights18 · ‎05-02-2022

@xenon3030 wrote:
Last year, I had plenty of mortgage inquiries. After finalizing it, I applied for a few cards and all got accepted, except Citi (CSR said that they rely on EQ and since inquiries were not coded as mortgage, my chance would be low to get approved within the entire year). So, this time I may check EQ and if the autoloan iquiries would not code correctly, I may postpone Citi cards to the next year.

I dunno. I was sitting on 12-15 inquires over a two year period and was approved for a Citi Premier three months after close.

But I didn't shop around on rate. I just worked an existing relationship with a non-bank lender figuring I would refinance in 6 months anyways. How wrong was I on that one? I could of paid another point and got 2.875% over 3% and now I wish I did. The non-bank lender did the shopping around for me. Shot me a cadlestick MBS chart to be able to time the rates most effectively.