My credit score is now 721, just got my first fico of 729.
Where do i go from here? I eventually want chase cards but don't think my credit history is quite ready. I am in a good position to get more cards and i have preapproval for discover it, citi, and a few others. Should i go on an app spree now to get some good cards while building history more, garden for 2 years and then try chase?? What would be good cards, personal and business?
First thing I would do is go here and get your EX score https://www.creditscorecard.com/registration
Then I would probably go for Disco and AMEX BCE/P. It looks like you've accomplished quite a bit in a short time and even managed to rebound from a couple of apps back to the low to mid 7's quite easily. Waiting for Chase is probably the best options since you're already excluded with 5 accounts in 24 months.
Disco and BCE will work.
You can only double dip on AMEX with a revolver and charge. BCE and ED are both revolvers. If you don't want to pay an AF then just get the BCE since all of their charge cards have a fee.
Just go for those 2 and then let them grow. They will grow nicely over the next 2 years and prime you up for a high limit with Chase if you still want one then.
Would the bcp have more potential to grow than the bce?
They're the same.... only difference is the rewards %'s and the AF. - I started with BCE at 10K and then 61 days to 30K and then after that went to 50K and waiting on my next jump currently as they review it. You can start with BCE $0AF and when your intro period is up there's an upgrade option that comes every once in awhile that includes a bonus.
Best charge option..... Depends on what kind of perks you want with them.... PRG is middle of the road I believe for their charge options. Platinum is more for frequent travelers to take advantage of the rebates and lounge access and the Green is just entry level and a waste of $95/yr.
Whoa thats a nice starting limit. I will look more into the amex cards but probably will go with bce. The charge cards dont really appeal me. Do you think my prepaid amex account would have any affect on my atarting cl?
Are there any other good cards to grow on? What about BofA?
Prepaid isn't Credit.
I don't particularly care for BOA and had accounts with them in the past but, nothing in the past 10 years. Someone else migh chime in but, Disco / Amex offer SP CLI's and most of the other big banks don't.