About a month ago, I logged into my Chase account and finally saw some of those green check preapprovals I've read about here. I thought about it and looked at the offers several times, but I didn't bite. I figured I'd wait to see if they'd show me a starting limit (which I also learned about here). Then last week, I noticed the offers were gone and I was slightly relieved that the temptation was no longer there (while also being slightly disappointed lol).
Well, this morning I logged into my account and saw this:
I honestly didn't think it would be this high, so the temptation is back again! My only hesitation is that there is a good chance that I'll be applying for a mortgage this time next year. Chances are we'll start looking in March, though, so is it better not to apply 11 months out? I feel like the answer is wait until next year (after the mortgage), but would love some input. My last card was the CSP last July, so it's been 9 months. My fiancés credit history is much longer than mine and his scores are in the 800s, so I'm sure it'll come down to my mortgage scores.
@KLEXH25 wrote:About a month ago, I logged into my Chase account and finally saw some of those green check preapprovals I've read about here. I thought about it and looked at the offers several times, but I didn't bite. I figured I'd wait to see if they'd show me a starting limit (which I also learned about here). Then last week, I noticed the offers were gone and I was slightly relieved that the temptation was no longer there (while also being slightly disappointed lol).
Well, this morning I logged into my account and saw this:
I honestly didn't think it would be this high, so the temptation is back again! My only hesitation is that there is a good chance that I'll be applying for a mortgage this time next year. Chances are we'll start looking in March, though, so is it better not to apply 11 months out? I feel like the answer is wait until next year (after the mortgage), but would love some input. My last card was the CSP last July, so it's been 9 months. My fiancés credit history is much longer than mine and his scores are in the 800s, so I'm sure it'll come down to my mortgage scores.
Congratulations on your Chase offers! I've read (and experienced) that six months at minimum, to one year, of opening new accounts before going for a mortgage. We just did a home equity loan, and our lender specifically mentioned us not having sought out credit in the last six months (it'd been longer than that though!)
@KLEXH25 wrote:About a month ago, I logged into my Chase account and finally saw some of those green check preapprovals I've read about here. I thought about it and looked at the offers several times, but I didn't bite. I figured I'd wait to see if they'd show me a starting limit (which I also learned about here). Then last week, I noticed the offers were gone and I was slightly relieved that the temptation was no longer there (while also being slightly disappointed lol).
Well, this morning I logged into my account and saw this:
I honestly didn't think it would be this high, so the temptation is back again! My only hesitation is that there is a good chance that I'll be applying for a mortgage this time next year. Chances are we'll start looking in March, though, so is it better not to apply 11 months out? I feel like the answer is wait until next year (after the mortgage), but would love some input. My last card was the CSP last July, so it's been 9 months. My fiancés credit history is much longer than mine and his scores are in the 800s, so I'm sure it'll come down to my mortgage scores.
Since you see a mortgage in your near future, your best bet is to refrain. Being on the scorecard for folks with no new accounts in the past 12 months is a good thing, and you want to be on that scorecard when you apply.
Also, you don't want the inquiries. Chase sometimes even double pulls.
Thanks, guys. You all bring up good points. Indeed, I am pretty happy with my current lineup, and don't really need any new cards. These would be superfluous, although the 0% APR could come in handy for a large purchase I am considering.