@Anonymous wrote:
Hi all,
I'm a long time lurker but finally signed up to do some posting. I'm looking for a little advice on what cards are good to apply for, and how I should proceed. The primary purpose of the endeavor is score boosting through adding accounts and increasing available credit limits, followed by a good long gardening period.
A little background - My oldest open account is my Chase Freedom (1999) followed by BoA (2000). I bank with BoA and have my mortgage through them as well. I just paid off an auto loan through Chase. I haven't really done anything with my credit over the years and haven't apped for many cards. Most of my credit has been installment loans (auto, personal loans, etc). That said, I have no missed payments or derogs, and no inquires in the last year. For installments I have the mortgage, one Lending Club loan, and two Prosper Loans (the latter of which don't report to EQ for some reason). My revolving util is <1% and my personal loans are all <65%. AAoA is 7-8 years. My scores are in the 750's and will go up next month when my accounts report (just paid off some card balances).
I'm interested in primarily cash back cards, although I wouldn't mind having a travel card. I also really want to get one of those Chase Amazon Rewards cards since I do about 80% of my shopping through Amazon Prime. Can't believe I missed that one until now!
So, other than the Amazon card, which cards are good to target for me? How often should I app? Is there a strategy to apping for multiple cards at once? Again, I don't particularly NEED this credit I just want to cultivate my scores.
Thanks!
AMEX ED
CAP ONE QUICKSILVER
CITI DOUBLE CASH
My scores are very similar to yours and I spend 1500 a month. I travel twice a year and I do benefit from CSP (my favorite). Apping is very subjective, usually every six months for me. App then garden, works for me.
