I want some ideas on how to improve my credit before applying for an AMEX Green. I have applied for the Qantas American Express Discovery Card
however I was declined 2 months ago.
I currently have these 2 cards:NAB Low Fee Card - NAB
with a limit of $5000AUDDiamond Credit Card
(to open this one you need to have a minimum limit of $18,000AUD which is what I have.
Now I am thinking of going for The American Express Card
in the next few years.
I am an Australian so credit works differently here in the sense that the 3 digit scores are not known to individuals. I have got 17 hard inquiries on my credit file over the past 5 years with 3 due to come off next year and 4 to come off in 2013.
So I take it not to apply for any more credit for the next 2 years (no changes in credit limits or loans ect)
I am working full time - earning about 40,000 AUD p.a. and I pay all my cards off each and every month. I am thinking of getting rid of my NAB card (1st one on my list) and just have everything through the 2nd bank (Commonwealth).
What are everyone's thought and ideas to improve my credit to get that little piece of green sitting in my wallet?