Prime Card?

[NiNoMArksLA]

Hello forum I been seeing people's post they have alot of nice prime cards and nice limts I would like a prime card I think I am gonna apply around nov/dec time cause I wanna let some cards age and try to get my other cards higher limts

These are the banks I was thinking of getting what's the best in my opinion

Citi Bank
UsBank
Wells Fargo

My current cards
2 Cap One's $750 And $300 Limt
Credit One $300
Bofa Secured $300
Wal-Mart $400
Express $500
Macy's $300
Daniels Jewels $560

My UTL % is really high from balances but I cut all cards up not to use Intill paid off cause I keep useing them

By July R August Cards Will Get Paid

I am paying every 2 weeks to pay down

Experian 29 inqs Ex 20 inqs TU 19inqs

But some r from trying to get a car loan and some are from credit applying

Do u think I should just wait Intill inqs fall off in 1 year

[NiNoMArksLA]

Sorry for typing bad on iPhone 5

[Anonymous]

I would recommend you wait until those inquiries be >1 year old if you're patient enough. Waiting will definitely benefit you in many ways though.

[NiNoMArksLA]

What's a good bank you think I will get Appoved when times comes?

[knoregs]

Definitely hold off. After paying off most of your balances consider adding to your BOA card. Then seek SP CLI's on other cards. Try EO for CAP1 cards. Then try for Prime card.

~kn

[Anonymous]

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@NiNoMArksLA wrote:
What's a good bank you think I will get Appoved when times comes?

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it's hard to tell without knowing what your scores will be at that time.

do you have any collections / charge-off / BK or anything negative on file as well?

If you are able to wait a year, I would say your chances will be a lot higher than what it is right now.

What cards do you have in mind as well?

[CEOriginal]

I agree with everyone thus far..

PLUS,

You shouldn't be cutting up your cards to prevent usage. The main purpose of banks starting you off with toy limits is so you teach yourself how to manage credit. If you can't handle a $500 CL, what will you do with a $5,000 CL, or a $25,000 CL?

I don't mean to be blunt, but not only should you adhere to all advice above, you should also practice better spending habits. One thing that helped me was to take my current CL on my card, divide it by 3, and make THAT number my new CL. I would never ever ever ever go over that number, unless it was an emergency, and I made sure to pay much more than the minimum. Just an idea.

[09Lexie]

I like the idea of dividing it by 3. And I agree with others, it's hard to tell without knowing your profile. Low util, inqs will be best

[NiNoMArksLA]

No BK No Collections No Charge-off Clean profile 1 year and 8 months of AAOA

[SnackTrader]

+1 to CEOriginal.

Your spending habits are reckless and are costing you money. You need to budget and get that aspect of your life together. Your low limits are most likely a result of banks identifying your credit usage as less responsible than an average consumer. Until that changes, it is unlikely that you will be getting higher limits.