@ori68 wrote:
I’m planning to apply for a new card in the next 2 months’ or so. My current FICO as of today is 681. Score watch says my amount of debt and amount of new credit is “not good,” while everything else is good/great. My utilization rate is at 88%, but it should be 35-50% in the next few weeks after my payments reflect on my credit report. I don’t have any other chase or discover cards, and I have a stable income. I don’t want to apply for both, I would like to keep my inquiries low. I read that chase recon line is good, but I’m not sure if it is better than discover. So :
Who is easier to qualify with.
Who gives better/higher cl
Well, your EQ FICO is at 681 today. Going from 88% UTIL to 35% would be a very nice boost to your score, which should help a lot. If you can get it to under 10%, that would be even better and help with approval and probably CL as well. Do you have any baddies?
Which one is easiest is subjective. They both have their own models, and react differently to previous baddies, existing or previous relationship (checking account with Chase, etc), as well as many other factors. That's probably why you'll get both answers in this thread. I would just work on improving your CR before you apply, and then app for whichever card has categories that are most beneficial to you.
Have you considered the Sallie Mae Mastercard? It might be better than Discover It or Chase Freedom. Assuming you need some of the 5% categories it has.
