AMEX may be forgiving on a 10 yr old account, I would for charge card. Good luck!!!
@longclimbback wrote:
I asked awhile back on how to get a high limit card. At the time I had a boa with 5k limit,a c1 with 5k limit,a Lowes with $225 limit and a HSBC with $700 limit. No negative history, fico's +/- 800, low inquiries, and $70k income.
Following advice offered, I now have a c1 10k, boa 10k, Lowes 5k, and HSBC 5k. This was accomplished with only a HP to tu and a HP to eq. I have 2 tu inquiries, 3 eq inquiries, and 0 ex inquiries.
So I'd still like to get one more high cl card. I would like someone who pulls ex, so the CSP comes to mind. But I had a couple chase cards that are now closed that were chronically late and over the limit. The same goes for citibank and I charged off a amex card 10 years ago.So who should I turn to now and is there a sure thing high cl card I can apply for?
My stepdaughter is going to get me into USAA and nfcu but it will take a few months before she can join. I know these are worth waiting for so I don't want to mess up these two by getting too many new accounts or inquiries while I wait.
Any helpful advice would be appreciated.
The best of luck to you!
Hey Longclimbback!
Well- being that you burned a few of the majors a bit ago- some will be forgiving and then they may not.
I think @ 10 years- Amex may want to work with you again but it's iffy.
My recommendation- if you want a travel card with decent rewards- Barclays Arrival WM.
You may not get approved for the limit you want instant but the credit analyst are easy to work with and you can recon the limit through the back door # immediately upon approval. Many have had such very good luck with them. Tell them you want them to be your "goto" card. They may just end up being it.
I think you will do just fine on that app with your current FICOs, CLs and AAoA.
Nice $400 spend bonus too.
Good Luck!
Well- being that you burned a few of the majors a bit ago- some will be forgiving and then they may not.
I think @ 10 years- Amex may want to work with you again but it's iffy.
My recommendation- if you want a travel card with decent rewards- Barclays Arrival WM.
You may not get approved for the limit you want instant but the credit analyst are easy to work with and you can recon the limit through the back door # immediately upon approval. Many have had such very good luck with them. Tell them you want them to be your "goto" card. They may just end up being it.
I think you will do just fine on that app with your current FICOs, CLs and AAoA.
Nice $400 spend bonus too.
Good Luck!
@longclimbback wrote:
I thought about the Barkley arrival or the ring card. When I say I'm looking for a high cl card, I just want another one with a 10k cl. Back when I destroyed my credit 8-10 years ago I never thought I'd be in position to want/expect a 10k limit on a brand new trade line.
I'll be able to join nfcu in a couple months through my stepdaughter and I believe my profile should get me a home run credit card with them. So I don't want to get a Barkley card and have them haggle me in a few months when I get nfcu. My last cc account was Lowes opened four years ago. So will going for Barkley now, and then nfcu in a couple months get me in trouble with one or the other? Also if I try sending in one of the preapprovals that amex is sending me, will that work against Barkley or nfcu? Also I think I read that if I'm still amex blacklisted, they'll just deny me with no credit pull. Any thoughts on that. Thanks for the help.
Hey longclimbback!
Yes, it is true that with your profile, you will likely net a good CL from NFCU. I also think that with your current profile, you could get the Barclays with no AA from them in a couple of months if you want to app the NFCU card.
Do you need both cards?... Barclays and NFCU? I think you will net a dbl digit CL with Barclays when all is said and done and the same with NFCU. I'm thinking 20K or better with NFCU.
With regards to Amex, you will not receive a HP for apping if you have been blacklisted from all I have read on these forums. However, at your stage of in the credit game, are you apping just to get CCs or are you apping to grow a really strong profile to support your spending?
You've grown a good profile so far. I'd really only app what benefits me at this time. I think you are beyond the point of credit repair. Does your spending support a couple of AF cards? Will you really benefit from the rewards that are offered?
If you decide to app for the cards: I'd app in this order:
Barclays then Amex. In 3 months time... when you are eligible, app the NFCU card of choice.
I don't think you will have any trouble with these lenders. Now if your profile were different, I'd not be recommending this with regards to Barclays.
Most people that experience AA from Barclay's have marginal CRs and have multiple inqs reconned the denial and then app for more cards.
The only problem you will experience is from the CC companies you have a bad history with and that's only probable as time passes.
