I just wanted to know your opinion about this little situation:
I was approved for the TE card a week ago, that I didn't intend to apply but ended up with when I renewed my membership with costco. I thought of re-building my relationship with amex when my account with them was cancelled 8 yrs ago due to my ignorance as an undergrad student.
I've been planning and thinking of applying with one of the charge cards after learning all my lessons and improved my credit. However, since I was recently approved with the TE card, what will be my chances of getting approved with a charge card?
Should I apply or is there such thing as the basic charge card that I should start with and work my way up to the higher end charge card? I particularly would like to apply for the gold /gold rewards mainly to redeem air points, since I go on random getaways for pleasure (platinum would be nice too, too ambitious, aren't I? lol). I am fortunate to have an income and so I don't mind the annual fees too.
Lastly, how long should I wait to apply for another amex card?
If I knew that one can apply with 1 or more card within a 1-2 days period I would have done it so that way the inquiries wouldn't hurt my score(as I have read in some other posts)
TIA sooo much! at the moment
opening the TE card (is my only recent inquiry) $2500 limit, still waiting for to the card
a platinum hsbc mc, $0 balance, $2500 limit
macys, $0 balance, who knows the limit now,(I called and they said they couldn't disclosed the information) but last time I checked $1500 (haven't used
it for more than a year)
2 car auto loans
no mortgage, i do rent
my debit mc that i use 24/7
and student loans that are deferred since I'm back at school
and any balances, revolving account are paid in full and on time
my credit scores are mainly in the lows 700s