Hi,
I am new to the forum and have been reading up on tips on maintaining a great credit score. The wealth on information on this site alone is amazing, I've spent hours reading different threads and learning from other member's experiences.
About me:
I'm 24 years old and have been following my credit score via Credit Karma for about two months now. My last update was Oct. 07 and the TransUnion score came at 765. Since finding myFico, I have purchased my score from Experian which came at 794.
At the moment, I have 6 credit cards open for the purpose of increasing my total credit limit. My first account was opened in 2008 and last account opened was a Sears Home Improvement card 4 months ago. I do have a credit history that goes back beyond 5 years, one of my parents had me as an authorized user on their account about 10 years ago. Nonetheless, my numbers seem to be on the good side.
I've missed one payment on my Citi Dividend card almost 2 months ago, but fortunately they never reported it on either my EXP or TU report.
I've paid off all my student loans a year ago and have no existing loan under my name.
What I'm thinking about doing:
I've been toying with the idea of opening up another line of credit. This time, with AMEX. I've read the AMEX 3xCLI thread and am tempted to apply for my first AMEX card, the Every Day Blue Cash or Blue Cash Preferred.
I really like not having an annual fee with any of my current cards, but the extra rewards incentive and 150 dollar credit on the BC Preferred is what sways me to that card. I usually spend anywhere between $300-$350 on gas every month, but do not do any major shopping at grocery stores so the 6% back doesn't mean much to me. Getting to the $1000 mark within 3 months won't be an issue to claim the 150 dollar reward.
My current debt/credit limt:
Discover 07/2008: $212.88 / $2,500 (Used for Gas Purchases)
Citi Forward 10/2009: $0 / $3,500
Citi Dividend 11/2011: $0 / $5,200
BOA 06/2011: $0 / $1,000
BestBuy 02/2013: $900 / $2,500 (0% intro rate, paying $100/month)
Sears Home Improvemen 05/2013t: $0 / $6,700
**2 inquiries: 02/2013 & 05/2013
What are my odds?
Considering that my last account was opened only 4 months ago and my scores are 765/794, what do you think are my odds of getting approved for either card? I understand that both require excellent credit, but is getting the Preferred card more difficult than the Everyday card?
Thank you in advance to those who contribute to this thread. 
@valtamirano wrote:Hi,
I am new to the forum and have been reading up on tips on maintaining a great credit score. The wealth on information on this site alone is amazing, I've spent hours reading different threads and learning from other member's experiences.
About me:
I'm 24 years old and have been following my credit score via Credit Karma for about two months now. My last update was Oct. 07 and the TransUnion score came at 765. Since finding myFico, I have purchased my score from Experian which came at 794.
At the moment, I have 6 credit cards open for the purpose of increasing my total credit limit. My first account was opened in 2008 and last account opened was a Sears Home Improvement card 4 months ago. I do have a credit history that goes back beyond 5 years, one of my parents had me as an authorized user on their account about 10 years ago. Nonetheless, my numbers seem to be on the good side.
I've missed one payment on my Citi Dividend card almost 2 months ago, but fortunately they never reported it on either my EXP or TU report.
I've paid off all my student loans a year ago and have no existing loan under my name.
What I'm thinking about doing:
I've been toying with the idea of opening up another line of credit. This time, with AMEX. I've read the AMEX 3xCLI thread and am tempted to apply for my first AMEX card, the Every Day Blue Cash or Blue Cash Preferred.
I really like not having an annual fee with any of my current cards, but the extra rewards incentive and 150 dollar credit on the BC Preferred is what sways me to that card. I usually spend anywhere between $300-$350 on gas every month, but do not do any major shopping at grocery stores so the 6% back doesn't mean much to me. Getting to the $1000 mark within 3 months won't be an issue to claim the 150 dollar reward.
What are my odds?
Considering that my last account was opened only 4 months ago and my scores are 765/794, what do you think are my odds of getting approved for either card? I understand that both require excellent credit, but is getting the Preferred card more difficult than the Everyday card?
Thank you in advance to those who contribute to this thread.
if you don't spend a lot on groceries, do consider other amex cards as well.
if not, you can always buy gift cards at grocery stores. In most cases, the BCP is a lot more "worthwhile" to get than the BCE. It's up to you though.
I think your odds are good.
Remember to go to creditcards.com, use cardmatch, and check if you are pre-approved for Amex BCE / BCP. There's a 150 cashback with 500 spend offer for the BCE.
How about TRUE EARNING COSTCO !??? If you not do much at groceries store then COSTCO CC would be one thing u should consider.....
Starting Score: 560
If you don't plan to buy groceries I would go for BCE, but based on the info you provided I think you have a real good chance at either BCE or BCP. Def use cardmatch, I lost out on a decent promotion because I app'd out of haste 
This board has a collective obsession with BCE, so I'm gonna go against the tide and say, Go for BCP! Just use it to buy gift cards for other stuff you want at grocery stores.
