What to do? I need advice

Mm587 · ‎04-19-2014

I have been rebuilding for a while.....my cc line up currently include a creditone bank-550 CL...a cap 1 QS - 500 CL....a Cap 1 QS 1800- and a barclay-average for 1300....i am really wanting to get one more card with a decent limit before i turn out the lights on the Credit1....myfico EQ is 766...TU 08 is 780...not really sure about ex.....the barclay and one of the QS cards are new....i should probably wait, but I really want to try to pull the trigger one time.....i am looking for advice about which I should app for...i am looking at a great chance for approval and a card that has the potential to grow maybe to 10K in the next few years....I appreciate it!

Mm587 · ‎04-19-2014

CORRECTION!!!! my scores are 677 and 680....NOT 766 and 780!!! haha

bigblue7722 · ‎04-19-2014

Check all the pre approval sites. If you want a 10k line I would suggest a local cu they tend to be more generous. Credit lines however are a little overrated. Yes its nice to have but id take better rewards any day over a limit.

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.

BigBS · ‎04-19-2014

What are your spending patterns (restaurants, gas, grocery, online shopping, department stores)?

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

Mm587 · ‎04-19-2014

we dont eat out much....fair amount of gasoline...most of my shopping is at walmart....also, i dont currently pay any bills on cc, but am thinking about starting to pay all my bills that i can on cc and pif....

rubberguy · ‎04-19-2014

Sorry, I did not see your utilization, my strategy would be to bring down utilization to less than 10% then ask for CLI on the card that you think will give you the best chance of reaching $5000.00 then go for AMEX BCE... once you get that your doors are wide open

Been in the US for just over 2 years, started from scratch
TU Fico 770, EXP Fico 768 EQ Fico 782
in my wallet:
AMEX BCE 22,500-$0 balance
CSP 12,000-$0 balance
Discover IT 4500-$0 balance
BOA Cash Rewards $5000-$0 balance

SunriseEarth · ‎04-19-2014

@Mm587 wrote:
we dont eat out much....fair amount of gasoline...most of my shopping is at walmart....also, i dont currently pay any bills on cc, but am thinking about starting to pay all my bills that i can on cc and pif....

Why not go for the Walmart Discover or Walmart store card? The Walmart Discover is converting to a Walmart Mastercard at some point in the summer. If the rewards are anything like the Sam's Club Mastercard, it would probably fit your needs fairly well. And even if you got the store card, it could upgrade at a later time.

SunriseEarth · ‎04-19-2014

@Mm587 wrote:
we dont eat out much....fair amount of gasoline...most of my shopping is at walmart....also, i dont currently pay any bills on cc, but am thinking about starting to pay all my bills that i can on cc and pif....

As long as you don't have bills that have a service charge for paying with CC, you should! May as well take advantage of the rewards on your QS cards!

Mm587 · ‎04-19-2014

thanks for the advice!!

BigBS · ‎04-19-2014

Sallie Mae MC might be a good card for you. 5% on grocery and gas up to $250 each month.

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M