how important is to wait a full year between Apps?

[4yearsin]

so about exactly 6 months ago

i was approved for 5 new accounts

after rebuilding in the gardern with 3 subprime cards for 4+ years

when apply i still had a neg, so my scores just under 700.

So the cards were mostly charge cards and not great for rewards.

Today i got a message that my only negative has fallen off.

Somy FICO8 score are 750-780

I finally want Prime cards so i can rotate for best possible rewards.

For the best CL and rates, should I wait for a full year in the garden

or will 6-7 months since last 5 accounts be enough. I have

added 3 AU accnts with 11-17yr history

So profile looks like 4 indivial cc's    3 -5yr old   5 - 6-7 mo old                                               3AU - 11-17yr   3- self loan paid and closed 3 to 5yrs old

AAOA- 5.6yrs TUFICO8 757  inq-3  1- 30 day late 4 yrs old

will this be enough for PENFED- DISCOVER-  DCU - TRUIST - CITI -- AMAZON CC?? or other banks better for my profile

or are other banks better

[NoMoreE46]

Welcome @4yearsin.

If you got 5 new cards in the past 6 about exactly months, you should wait.

Not really important here but is English a challenge for you?

[4yearsin]

no ,but has been last 5 years

[NoMoreE46]

Ok thank you @4yearsin.

[NoMoreE46]

It would be helpful if you could list all of your cards with their credit limits, balances and dates opened. 

[4yearsin]

okay.

BOA(secured to unsecured)

0/500cl 4yr 3mo

Indigio MC (99 annual fee) dont want to lose history

0/300cl- 4yr 1mo

Citi Secured MC

0/200cl- 4yr 7mo (hopefully they will graadute when they review this time

LOWES- 2000/25000cl  7mo

PAYPALMC 0/300           6mo

Overstock- 0/1700          6mo

AVANT     -0/2000           6mo

BIGLOTS -0/1000           6mo

3 Separate 12mo Self Loans paid and closed

550 balances 3 - 4+yr old

KOHLS AU -

0/3000cl 16yr 6mo

MACYS AU -

0/6500cl 17yr

DISCOVER AU-

0/14000  11yr

FICO8-768 INQ-3  AAOA 5.6yr AOOA- 17yr (AU )

I have preapproval for amex BCP and Discover IT

I just want 3 or 4 prime cards to rotate for rewards

but i also dont want to be stuck with 1000-2000 cl approvals?

is it gonna that much better waiting 4-5 months

also would it help if i got my cl's up thru cli's

im sure lowes would approve to 35K(they offered in past)

[4yearsin]

ok here is the detailed history

CITI SECURED MC -

0/200cl 4yr 6mo

INDIGO MC - 99 annual fee ( worried to lose history)

0/300cl 4yr 4mo

BOA MC SEC to UNsecured

0/500cl 4yr 1mo

3 separate 12mo self loans/paid and closed 3-4yr+ old

LOWES

2200/25000cl  7mo

PAYPAL MC

0/300cl   - 6mo

OVERSTOCK Store card

0/1700cl - 6mo

AVANT

0/2000cl - 6mo

BIGLOTS

0/1000cl  - 6mo

AU's Accounts

KOHLS 0/3000cl 16yr+ old -  MACYS - 0/6500cl 17yrs+old

DISCOVER 0/14000 8+yrs old  - USBANK-0/900cl 11yrs

TUFICO8 - 768 inq-3 AAOA 6.4yr AOOA 17yr1mo (AU )

TUFICO8 last month was 704  last collection fell off 4 day ago

I just want to get a  SAMS CLUB MC, DISCOVER IT, AMAZON CC

for rewards but dont want to get stuck with low CL's.

Also want to get a nice 5 year SSL loan?

which CU would be best, I have a DCU membership or is

PENFED offering one, maybe a CC and SSL with one hard pull?

would waiting 4-5 months make that much of a difference?

[FireMedic1]

Welcome @4yearsin 

What are you rebuilding from 4 yrs ago? That will help with which way to go. PENFED and NFCU are the SSL CU's.

[coldfusion]

I'd probably stick with a cadence for now of 1 CC application every 6 months. 

Scratch DCU off your list of potential credit cards,  in general they're a good CU other than it being almost impossible to talk to someone without a lengthy wait when you call in but their card offerings are mediocre.  

See if you can prequalify for a Discover IT unsecured card as it's a 2% non-category/10% category cashback card for the 1st 12 months.  The Penfed Power Cash Rewards might be an alternative for right now or possibly your next card in 6 months that you can use for unstructured spend. 

You mentioned NFCU as a possible SSL target; are you a member currently or know that you qualify for membership? 

[4yearsin]

I started building 4+ years ago. because i had 2 medical collections and one comcast collection for $197 that a roommate opened after i moved out and i didnt know till I saw it on my report. 

I've disputed and even sent a police report but didnt help last 2 years but it fell off 6-7months ago and hasnt showed back up (maybe because my state has a 3 year SOL. and it was about 4 years old. The other 2 medical collections i was able to PFD. and the last one that was 5k+ finally did a deal for PFD and was deleted 4 days ago. bringing my score up 90+points

so now i just have a single 30 late 3 years ago on INDIGIO accnt. ( will my score approve anymore as it ages or i just have to wait another 4 years?(when do issuers not view it as bad?

I'm still worried about the comcast showing back up ( even tho I have all the ID theft papers to send in if it shows up again but they are very stubborn last time i spoke with them.

That's why I also want to apply for atleast 2 good reward cards incase it shows up

and i have to go back and forth for another year.

My plans for applying is 1 every 6-12 months after these apps.

Ive have preapprovals for amex plat and gold. also BCperfereed and Blue Magnet

Also preapproval for discover it BT for 8%15mo

I'm thinking of applying for

 DISCOVER IT and SAMS CLUB MC since sync has been good to me with lowes

OR DISCOVER and AMEX BCP or DISCOVER AND AMAZON PRIME CC)

After these 2 cards, I will garden for 1 year then 1-2 cards a year

unless i get into NFCU in next 3-4 months

then that will be the only execption for a new card.

Should I try asking for CLI with paypal and lowes b4 applying for another

synch card. or should i stay away with them, even tho ive built 7 months of

history with them on 2 cards. Is Amazon CC a chase or commentity card?

 Thanks for all the help guys, without this fourm i wouldnt be at this mileston

For Gas and Groceires, what other card then Discover would be good

for my profile. If i got a Penfed CC, can I get a SSL loan and CC with one inquiry?

I'm just happy to be in 750+ after 4 years of trying and reading all the myfico fourms i could.