short history card application

[Anonymous]

I'm a recent college grad. I'm very interested in applying to two cash rewards cards: Amex Blue Cas Everyday and Capital One Cash Rewards. I have had a basic BoA BankAmericard since last June (almost exactly 1 yr) which has a $900 limit. I have been on time with all my payments and have used the card 11/12 months. I have not asked for a credit line increase at any time. I just applied and signed a lease for an apt, which included a background check. Based off those results I have a XPN 765 credit score. I was wondering what advice people could give me, and what chances I have of being approved for those new cards. I do not have any other credit history, no student loans (lucky) etc. I can provide more information if it would be of use. Also if I should or should not apply for a new credit card, should I apply for a credit line increase? Alternatively, should I see if it gets raised this month afer I have completed one year? If I should not apply now then when?

Thanks in advance

[dodfire]

Where did you get your score? 

And welcome to the forums.

[dodfire]

Sorry I just read your post again....it was from when you leased the Apt...Got it.

Sounds to me like you have a good chance for approval.

[Anonymous]

Thank you for the welcome. Ok my main concern was that they both require "excellent credit" which CapOne describes as

• I have never declared bankruptcy or defaulted on a loan. I have not been more than 60 days late on any credit card, medical bill, or loan in the last year.
  - AND -
• I have had a loan or credit card for 3 years or more with a credit limit above $5,000

So you believe I have a good chance despite the fact that I don't meet the second mark? Based off of searching around forums I know people get approved that don't meet both marks, but I obviously want to be pretty sure so I don't get denied. Thanks again

[Anonymous]

Also if people have any strong feelings towards one card or the other I would love to hear some opinions. Based on my calculations Amex would have a small edge in terms of savings, and I thought it might be good to get an Amex since my BoA card is a Visa. Let me know your thoughts, thanks

[09Lexie]

Welcome to the forum! I would PC your BoA to a Better Balance Reward, 321. Or Travel Reward. You appear to be a good candidate for Amex. I am going to leave Cap1 for others but I would add Chase Freedom and Discover It

[Anonymous]

I'm a little wary of the rotating deals with Chase Freedom, but I will look into the rest. Thanks!

[dodfire]

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@09Lexie wrote:
Welcome to the forum! I would PC your BoA to a Better Balance Reward, 321. Or Travel Reward. You appear to be a good candidate for Amex. I am going to leave Cap1 for others but I would add Chase Freedom and Discover It

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+1 Pime Candidate for Discover

[Anonymous]

Ok Thanks

[Anonymous]

You can apply for CapOne Newcomer card. It has 2% on travel and 1% everywhere else.

6 months later you can apply for Amex BCE or Chase Freedom.