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path to disaster/ getting flagged?

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Anonymous
Not applicable

path to disaster/ getting flagged?

hi!

so i've been kinda sorta on an app spree and i need to cool down, here's my history

discover it (dec 2013) at $1.8k now

citi thankyou preferred college (july 2014) at $2.4k now

amex everyday (oct 2014) at $18k now

chase freedom (dec 2014) $2k

citi aadvantage (feb 2015) $3.2k CLOSED because i had so many problems with the card

amex delta gold (april 2015) $5k

and within the past two weeks....

amex prg and barclay arrival plus at $5k

i'm 19 and a student, could these recent approvals look sketchy to my cc companies?

am i at risk for CLDs, etc...?

thanks for your input guys, cooling off from applying for AT LEAST a year, visiting family across the country multiple times a year this year and going to hawaii in january, and these cards will/ have helped me not pay a cent in airfare Smiley Wink

ps- i'm on the east coast, so all of my inquiries except for barclays have been experian Smiley Sad

Message 1 of 34
33 REPLIES 33
elim
Senior Contributor

Re: path to disaster/ getting flagged?

id'e say your safe.  take your year off and grow your current limits (and enjoy your trip)

Message 2 of 34
Imperfectfuture
Super Contributor

Re: path to disaster/ getting flagged?

What comes, comes. I've learned not to stress too much. PS, for future reference, this isn't an approval thread, should go in main CC forum. Smiley Wink
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Message 3 of 34
kdm31091
Super Contributor

Re: path to disaster/ getting flagged?

I'd definitely chill and garden. Lots of new accounts can signal risk and set off alarms. If you just leave it alone now and let them age, you should be fine. No one has a crystal ball though.

 

However it's just credit cards. If it gets taken away so be it. Not the end of the world. Just enjoy them and whatever happens happens. I would certainly garden though.

Message 4 of 34
Anonymous
Not applicable

Re: path to disaster/ getting flagged?


@kdm31091 wrote:

I'd definitely chill and garden. Lots of new accounts can signal risk and set off alarms. If you just leave it alone now and let them age, you should be fine. No one has a crystal ball though.

 

However it's just credit cards. If it gets taken away so be it. Not the end of the world. Just enjoy them and whatever happens happens. I would certainly garden though.


I agree...

Message 5 of 34
Anonymous
Not applicable

Re: path to disaster/ getting flagged?


@Anonymous wrote:

@kdm31091 wrote:

I'd definitely chill and garden. Lots of new accounts can signal risk and set off alarms. If you just leave it alone now and let them age, you should be fine. No one has a crystal ball though.

 

However it's just credit cards. If it gets taken away so be it. Not the end of the world. Just enjoy them and whatever happens happens. I would certainly garden though.


I agree...


+1

Message 6 of 34
Jerry45
Valued Contributor

Re: path to disaster/ getting flagged?

Nice job on the Amex everyday. 18k is a great limit

Message 7 of 34
NRB525
Super Contributor

Re: path to disaster/ getting flagged?


@Anonymous wrote:

hi!

so i've been kinda sorta on an app spree and i need to cool down, here's my history

discover it (dec 2013) at $1.8k now

citi thankyou preferred college (july 2014) at $2.4k now

amex everyday (oct 2014) at $18k now

chase freedom (dec 2014) $2k

citi aadvantage (feb 2015) $3.2k CLOSED because i had so many problems with the card

amex delta gold (april 2015) $5k

and within the past two weeks....

amex prg and barclay arrival plus at $5k

i'm 19 and a student, could these recent approvals look sketchy to my cc companies?

am i at risk for CLDs, etc...?

thanks for your input guys, cooling off from applying for AT LEAST a year, visiting family across the country multiple times a year this year and going to hawaii in january, and these cards will/ have helped me not pay a cent in airfare Smiley Wink

ps- i'm on the east coast, so all of my inquiries except for barclays have been experian Smiley Sad


Are you prepared to pay these annual fees when they come due? Or is your plan to dump the cards prior to AF?

Because that relates to your long term strategy which, at 19, is not best handled with closing cards just yet Smiley Happy

If you are prepared to pay the AF, then you have a number of quality cards here that will grow your file for the long term. Even paying one year of the AF when they come due, to extend this wallet further, will be helpful.

 

Your plans to not app anymore should be your action. No apps. You are not likely to get AA if you don't abuse the cards, and even if you do, as noted it is only credit and you have enough other cards, they won't all get AA, and you will be fine.

Message 8 of 34
Anonymous
Not applicable

Re: path to disaster/ getting flagged?

sorry! i grouped it under "recent approvals" but now i know! Smiley Sad

Message 9 of 34
Anonymous
Not applicable

Re: path to disaster/ getting flagged?

i am for the prg, i was thinking of pcing the delta and arrival/ asking for a retention offer when the time comes.

the signup bonus for the delta card saved me about $1000 on airfare so i may just keep it.

Message 10 of 34
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