Next Credit Card

[ZackAttack]

Hi,

I currently have a 3-year car loan, Authorize Capital One Savor Card (version 1), 1 Self Lender, Discover Student Cash Back ($500 CL | Currently in College), and MSGCU (my CU | $1k CL). So in a months, I would be eligible to apply for another credit card while I wait for the current accounts to age to out. My only problem is that I honestly don't know what credit card to get in a few months and to help the credit utilization get lower. I know Experian FICO 8 doesn't see much about the Authorize Savor Card. Even though that card has 11k CL, I know some lenders wouldn't see it. So I'm been pretty much basing it of what I have on the 2 credit cards that I own, $1500 (together amount). 

My current FICO 8 score is TU 726, EQ 700, & EX 712 ... any ideas as to what card I should get soon? Mostly interested in cashback with no annual fees.

[Anonymous]

Cash back with no AF....well there are quite a few out there.  Your scores are good but how old is your oldest account?  Where do you spend most of your money?  

[Remedios]

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@ZackAttack wrote:

Hi,

I currently have a 3-year car loan, Authorize Capital One Savor Card (version 1), 1 Self Lender, Discover Student Cash Back ($500 CL | Currently in College), and MSGCU (my CU | $1k CL). So in a months, I would be eligible to apply for another credit card while I wait for the current accounts to age to out. My only problem is that I honestly don't know what credit card to get in a few months and to help the credit utilization get lower. I know Experian FICO 8 doesn't see much about the Authorize Savor Card. Even though that card has 11k CL, I know some lenders wouldn't see it. So I'm been pretty much basing it of what I have on the 2 credit cards that I own, $1500 (together amount). 

My current FICO 8 score is TU 726, EQ 700, & EX 712 ... any ideas as to what card I should get soon? Mostly interested in cashback with no annual fees.

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Hi and welcome @ZackAttack 

Can you clarify a few things...are you authorized user on Savor card? Is there a balance on that card? 

How old are your Discover and CU card? 

Your scores are ok, but should be higher based on what you described. Do your cards report high utilization? 

If you have a car loan in your name, Self lender loan is unnecessary, as you already have an active installment loan

What do you spend your money on mostly? 

Have you tried any prequals? 

[pinkandgrey]

Maybe Amex BCE. Assuming you spend money on gas and groceries. 

[Anonymous]

Try Citi double cash 2% cash back on everything no AF I got approved at 600 ex and eq and had a collection account at the time but I also had a pre approval letter in the mail worth a shot though

[Anonymous]

PayPal Cashback. 2% on everything, no FTF, no AF. High APR but that shouldn’t matter if you’re looking for rewards. 

A 700+ TU buys the farm with Synchrony. 

[ZackAttack]

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@Remedios wrote:

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@ZackAttack wrote:

Hi,

I currently have a 3-year car loan, Authorize Capital One Savor Card (version 1), 1 Self Lender, Discover Student Cash Back ($500 CL | Currently in College), and MSGCU (my CU | $1k CL). So in a months, I would be eligible to apply for another credit card while I wait for the current accounts to age to out. My only problem is that I honestly don't know what credit card to get in a few months and to help the credit utilization get lower. I know Experian FICO 8 doesn't see much about the Authorize Savor Card. Even though that card has 11k CL, I know some lenders wouldn't see it. So I'm been pretty much basing it of what I have on the 2 credit cards that I own, $1500 (together amount). 

My current FICO 8 score is TU 726, EQ 700, & EX 712 ... any ideas as to what card I should get soon? Mostly interested in cashback with no annual fees.

---

Hi and welcome @ZackAttack 

Can you clarify a few things...are you authorized user on Savor card? Is there a balance on that card? 

How old are your Discover and CU card? 

Your scores are ok, but should be higher based on what you described. Do your cards report high utilization? 

If you have a car loan in your name, Self lender loan is unnecessary, as you already have an active installment loan

What do you spend your money on mostly? 

Have you tried any prequals? 

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All credit cards that connect to me are paid in full. My mom holds the version 1 type of the Savor card. She added me to her account. Version 1 of the Savor has VISA on it and not the version 2 with Mastercard.

In June, I turn 19 so that can explain a lot of the few things. The Discover and CU Card I applied on Jan 3rd and manage to get both. At the moment I a freshman in a community college.

Everything does get paid in full and have got any late fees (nor when Cap. 1 copied a history of 3 years to me)

Prequals on some sites, it claims you have to be 21 which is annoying.

[Remedios]

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@ZackAttack wrote:

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@Remedios wrote:

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Hi and welcome @ZackAttack 

Can you clarify a few things...are you authorized user on Savor card? Is there a balance on that card? 

How old are your Discover and CU card? 

Your scores are ok, but should be higher based on what you described. Do your cards report high utilization? 

If you have a car loan in your name, Self lender loan is unnecessary, as you already have an active installment loan

What do you spend your money on mostly? 

Have you tried any prequals? 

---

All credit cards that connect to me are paid in full. My mom holds the version 1 type of the Savor card. She added me to her account. Version 1 of the Savor has VISA on it and not the version 2 with Mastercard.

In June, I turn 19 so that can explain a lot of the few things. The Discover and CU Card I applied on Jan 3rd and manage to get both. At the moment I a freshman in a community college.

Everything does get paid in full and have got any late fees (nor when Cap. 1 copied a history of 3 years to me)

Prequals on some sites, it claims you have to be 21 which is annoying.

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They are not "claiming it". It's due to CARD act.  I think you have plenty of credit for your age. You have not mentioned employment,  I'm assuming you have very little to no income of your own at 18. 

I think you're trying to rush at this point.  It doesn't work like that. Save yourself some frustration and let this go for a while. 

[Anonymous]

What do you want cashback on or do you want a flat rate cash back? I might just say go for Citi Double Cash or an unlimited 1.5% cash back like Chase Freedom Unlimited.