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Will this be a problem?

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BobbyJ
Frequent Contributor
‎12-05-2012 02:07 PM
‎12-05-2012 02:07 PM

Will this be a problem?

I am going to apply for the Amex Delta or BCE in January and I wanted to know if it looks bad to creditors to have opened the following accounts over the last 6 months?  I applied for the cards after my mortgage closed in June 2012.

 

My credit file history is 27+ years thanks to both my Amex PRG and Zync backdating to 1985 each and my current AAOA is 5yrs 3mos.

 

Chase Freedom (opened 6/12)

USAA Plat MC (opened 8/12)

USAA Amex (opened 6/12)

Citi Diamond MC (opened 6/12)

Lowes (opened 7/12)

Fico 8 Scores: EX: 787 (6/25/21) EQ: 788 (6/12/21) TU: 750 (2/21/21)
Fico 9 Scores: EX: 799 (11/9/20) EQ: 794 (10/13/20)

Ch7 BK Filed on 10/13/2013 - Discharged 1/14/14



Amex Blue Cash Preferred $15K | Amex Gold Card | Citi Costco Visa $7700 | USBank Altitude Go Visa Sig $10K | USBank Cash+ Visa $8K | C1 Savor MC Elite $15K | C1 Venture One $10K | C1 Quicksilver Visa Sig $10K | C1 Quicksilver WMC $10K | Penfed Plat Rewards Visa $9,500 | Penfed Power Cash Rewards Visa $11K | Discover IT $7500 | USAA Pref Rewards Visa $5K | Penfed Path Visa $10K | Logix FCU Plat MC $12K | SDCCU Plat Visa $2,500 | Best Buy Visa $2K | Chase Amazon Prime Visa Sig $500 | Consumers CU Visa Cash Rebate $5K | PNC Points Visa $2500 | JCPenney $1,800 | Abound CU Plat Visa $5K | Lowes $7K | HSN Card $3K | Walmart MasterCard $2K | Walmart Store Card $2K | Kohls $1K | Target Red Card $800 | QVC Card $800
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daybreakgonesXe
Valued Contributor
‎12-05-2012 02:08 PM
‎12-05-2012 02:08 PM

Re: Will this be a problem?

Nah, 6 months is a good age on them, especially considering your credit history is a LOT older than them! Considering your AAoA is high because of the AMEXs, you should have no problem! Plus that extra month of age will only help by waiting until January Smiley Tongue best of luck!

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Mustangfrank
Regular Contributor
‎12-05-2012 02:13 PM
‎12-05-2012 02:13 PM

Re: Will this be a problem?

@BobbyJ wrote:

I am going to apply for the Amex Delta or BCE in January and I wanted to know if it looks bad to creditors to have opened the following accounts over the last 6 months?  I applied for the cards after my mortgage closed in June 2012.

 

My credit file history is 27+ years thanks to both my Amex PRG and Zync backdating to 1985 each and my current AAOA is 5yrs 3mos.

 

Chase Freedom (opened 6/12)

USAA Plat MC (opened 8/12)

USAA Amex (opened 6/12)

Citi Diamond MC (opened 6/12)

Lowes (opened 7/12)

I was in a similar situation.

I had  750 FICO'S  when I applied for my Chase cards after having my Amexcards for only two months.

 

Amex Zync NPSL 9/12, Amex CostcoTrue Earnings $10K 9/12
Amex BCE $3K 9/12 (Amex Back Dated to 1983)
Chase Sapphire Preferred $17K 11/12, Chase Freedom $7K 11/12
Discover More $750 11/12
CapitalOne Platinum Secured Card 2K 2/12 (Closed 12/12)
FICO: EQ = 804 EX = 802(Amex) TU = 801(Discover)
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BobbyJ
Frequent Contributor
‎12-05-2012 02:16 PM
‎12-05-2012 02:16 PM

Re: Will this be a problem?

Thanks Daybreak.

 

Im a little concerned because my Fico scores are not really that high. 

 

Overall util is at 44% right now so maybe the Amex Delta is the best choice in January????

 

Exp - 695

TU - 710

EQ -  698

Fico 8 Scores: EX: 787 (6/25/21) EQ: 788 (6/12/21) TU: 750 (2/21/21)
Fico 9 Scores: EX: 799 (11/9/20) EQ: 794 (10/13/20)

Ch7 BK Filed on 10/13/2013 - Discharged 1/14/14



Amex Blue Cash Preferred $15K | Amex Gold Card | Citi Costco Visa $7700 | USBank Altitude Go Visa Sig $10K | USBank Cash+ Visa $8K | C1 Savor MC Elite $15K | C1 Venture One $10K | C1 Quicksilver Visa Sig $10K | C1 Quicksilver WMC $10K | Penfed Plat Rewards Visa $9,500 | Penfed Power Cash Rewards Visa $11K | Discover IT $7500 | USAA Pref Rewards Visa $5K | Penfed Path Visa $10K | Logix FCU Plat MC $12K | SDCCU Plat Visa $2,500 | Best Buy Visa $2K | Chase Amazon Prime Visa Sig $500 | Consumers CU Visa Cash Rebate $5K | PNC Points Visa $2500 | JCPenney $1,800 | Abound CU Plat Visa $5K | Lowes $7K | HSN Card $3K | Walmart MasterCard $2K | Walmart Store Card $2K | Kohls $1K | Target Red Card $800 | QVC Card $800
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daybreakgonesXe
Valued Contributor
‎12-05-2012 02:19 PM
‎12-05-2012 02:19 PM

Re: Will this be a problem?

@BobbyJ wrote:

Thanks Daybreak.

 

Im a little concerned because my Fico scores are not really that high. 

 

Overall util is at 44% right now so maybe the Amex Delta is the best choice in January????

 

Exp - 695

TU - 710

EQ -  698

I think the main thing weighing down your FICO scores is that 44% utilization! Any way to pay them down to 10% or under? Also reducing how many cards have balances may help too! But if you plan on applying with a 30%+ utilization, then yes, AMEX Delta may be the easiest to obtain and more likely to get an approval for!

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