Its time to apply for my second credit card

A place to talk about your credit-building goals and progress -- and to ask for advice
10 posts
g35x955
Gold Member
Gold Member
 
Posts: 25
Joined: Mon Nov 23, 2015 8:13 pm
Location: Long Island, New York

Its time to apply for my second credit card

Postby g35x955 » Thu Sep 08, 2016 2:48 pm

Hello everyone. My credit story is short and sweet. Ive had my one and onley account for exactly a year and a half. Its a Discover student card with a 3000limit. Always payed on time, in full, and below 30% utilization. As of today, discover gave me a score of 756. CK has me at 729 & 734. The only other card I applied for was the barclay jet blue mastercard 6 months ago but I was denied. I just want some guidence from you guys to know what card I would have a good chance of being approved for. And by the way, cashback/miles and all of that doesnt matter to me much. I just want to add another credit card to my file. I really want to apply for the jetblue card again since I often fly with them but I dont want to risk getting denied again. Any advice to add another account and help keep building my credit?

I appreciate all the feedback I get!!
Discover IT $3000 (3/15)


User avatar
17thWhitePrince
Gold Member
Gold Member
 
Posts: 34
Joined: Mon Aug 29, 2016 11:55 pm
Location: Grand Blanc, MI
Twitter: aPatriot_n_Poet

Re: Its time to apply for my second credit card

Postby 17thWhitePrince » Thu Sep 08, 2016 11:46 pm

Did they specify a reason for your denial?
ImageImageImageImageImage

|EX 738 | TU 742 |

In 2016 I've increased total CL by $21,000
Only c/c not shown is 'ArtVan' which will be cancelled once it is paid off by Feb 2018

2017 Possibilities - Discover It 'NHL' (or just a Discover It) & Huntington Voice Rewards World MasterCard

g35x955
Gold Member
Gold Member
 
Posts: 25
Joined: Mon Nov 23, 2015 8:13 pm
Location: Long Island, New York

Re: Its time to apply for my second credit card

Postby g35x955 » Fri Sep 09, 2016 5:54 am

17thWhitePrince wrote:Did they specify a reason for your denial?


When I called for a recon, the ladie told me I had no credit which wasnt true. At that point I had a year of credit.

What happened was I was out at a bar and the bar tender gave me back someone elses card. The same card design, same first name, but different last name. I didnt realize until a couple days later so I called Discover and they cancelled the old one and sent me a new one.

So with that being said, I think when that was going on, discover maybe wasnt reporting my info to the buerues?? Im honestly not sure but Even when I logged onto credit karma It said no scores were available at the time
Discover IT $3000 (3/15)

User avatar
17thWhitePrince
Gold Member
Gold Member
 
Posts: 34
Joined: Mon Aug 29, 2016 11:55 pm
Location: Grand Blanc, MI
Twitter: aPatriot_n_Poet

Re: Its time to apply for my second credit card

Postby 17thWhitePrince » Fri Sep 09, 2016 7:01 am

Well, what I would do if I was in your situation, would be to go ahead and apply for the Discover Miles card that way you start earning miles toward your travels and also because you've been with Discover so they already "know" you. And then if you've been approved, which I feel you should be, you should then wait three to four months and then reapply for the JetBlue MasterCard you really want and you should be approved at that time if all is well with your credit
ImageImageImageImageImage

|EX 738 | TU 742 |

In 2016 I've increased total CL by $21,000
Only c/c not shown is 'ArtVan' which will be cancelled once it is paid off by Feb 2018

2017 Possibilities - Discover It 'NHL' (or just a Discover It) & Huntington Voice Rewards World MasterCard

User avatar
CarefulBuilder14
Centurion Member
Centurion Member
 
Posts: 3746
Joined: Thu May 08, 2014 7:42 pm
Location: United States

Re: Its time to apply for my second credit card

Postby CarefulBuilder14 » Fri Sep 09, 2016 1:06 pm

17thWhitePrince wrote:Well, what I would do if I was in your situation, would be to go ahead and apply for the Discover Miles card that way you start earning miles toward your travels and also because you've been with Discover so they already "know" you. And then if you've been approved, which I feel you should be, you should then wait three to four months and then reapply for the JetBlue MasterCard you really want and you should be approved at that time if all is well with your credit

Were I in your shoes, g35, I wouldn't do this.

The marginal value of a second Discover product might be fairly low, considering it has limited acceptance and there's no signup bonus. I love having a Discover card, but I find one is enough. The shopping portal is nice, but you already have access to that. Also, Discover may think you have enough credit from them already.

Don't let the name fool you. The "miles" you earn with Discover Miles will not transfer to TrueBlue. Discover Miles is a cash back card (poorly) disguised as a travel card. To transfer your rewards to TrueBlue you'll need a Barclaycard JetBlue MC or an Amex card that earns MR points.

Now that your Discover is reporting correctly again, your credit seems decent. I don't have a crystal ball, but in your shoes...I'd risk going for the JetBlue card. You'll get a nice bonus (assuming you meet the minimum spend) and enjoy MC's wider acceptance. Even if you get declined, one or two wasted inquiries aren't a big deal. And definitely recon if they decline you again (after seeing your real history this time).

The AF JetBlue MC card does look like a good offer (or an okay one if you don't check a bag). I don't have one, but that's because I'm already spread out between other airline programs.

If you fail after recon, you might take a look at Chase Freedom. 5% categories can remain useful even with a lot of cards, the criteria aren't too strict, and it's a Visa.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

User avatar
17thWhitePrince
Gold Member
Gold Member
 
Posts: 34
Joined: Mon Aug 29, 2016 11:55 pm
Location: Grand Blanc, MI
Twitter: aPatriot_n_Poet

Re: Its time to apply for my second credit card

Postby 17thWhitePrince » Fri Sep 09, 2016 10:41 pm

Well yeah g35x955 ignore my post LOL
- I don't even have a Discover card!!! ..hahahaha

Just listen to CarefulBuilder14
- he knows what's up
ImageImageImageImageImage

|EX 738 | TU 742 |

In 2016 I've increased total CL by $21,000
Only c/c not shown is 'ArtVan' which will be cancelled once it is paid off by Feb 2018

2017 Possibilities - Discover It 'NHL' (or just a Discover It) & Huntington Voice Rewards World MasterCard

g35x955
Gold Member
Gold Member
 
Posts: 25
Joined: Mon Nov 23, 2015 8:13 pm
Location: Long Island, New York

Re: Its time to apply for my second credit card

Postby g35x955 » Sun Sep 11, 2016 1:19 pm

17thWhitePrince wrote:Well yeah g35x955 ignore my post LOL
- I don't even have a Discover card!!! ..hahahaha

Just listen to CarefulBuilder14
- he knows what's up


Lol I appreciate you guys responding to me. But I think next month Im gonna give the jet blue card another shot and apply. I hope I get it
Discover IT $3000 (3/15)

User avatar
17thWhitePrince
Gold Member
Gold Member
 
Posts: 34
Joined: Mon Aug 29, 2016 11:55 pm
Location: Grand Blanc, MI
Twitter: aPatriot_n_Poet

Re: Its time to apply for my second credit card

Postby 17thWhitePrince » Tue Sep 13, 2016 12:19 am

g35x955 wrote:Lol I appreciate you guys responding to me. But I think next month Im gonna give the jet blue card another shot and apply. I hope I get it


Well best of luck!!! Hope you get approved!!!
ImageImageImageImageImage

|EX 738 | TU 742 |

In 2016 I've increased total CL by $21,000
Only c/c not shown is 'ArtVan' which will be cancelled once it is paid off by Feb 2018

2017 Possibilities - Discover It 'NHL' (or just a Discover It) & Huntington Voice Rewards World MasterCard

Stros05
Gold Member
Gold Member
 
Posts: 45
Joined: Thu Sep 01, 2016 4:16 pm

Re: Its time to apply for my second credit card

Postby Stros05 » Wed Sep 14, 2016 10:54 am

If you you want to know which card you might get approved for whithout applying yet, try the CardMatch tool on this page.
content/cash-back-credit-cards-4/
I used it and was approved for the Chase Freedom card.

MrAB3
Green Member
Green Member
 
Posts: 15
Joined: Fri Oct 07, 2016 5:03 pm

Re: Its time to apply for my second credit card

Postby MrAB3 » Fri Oct 07, 2016 5:43 pm

I suggest that you apply for the Chase Freedom and/or Freedom Unlimited if you want to start earning points for travel. You can later apply for the either of the Chase Sapphire card as a companion to the Freedom. All of these Chase cards are Visas, which are a little more widely accepted than Discover.

If you like Membership Rewards from American Express, I suggest the no AF Everyday card. But your acceptance will be limited with that card and Chase has fewer, but better quality partners and customer service IMO.

The JetBlue cards are from Barclaycard, which isn't the best bank for customer service or attention to detail. I have heard horror stories about people having trouble with their cards (particularly the Arrival +) when travelling internationally. Contacting customer service from out of the country is an expensive nightmare.

Don't listen to the person who suggested the Discover It Miles. The Freedom Unlimited earns you 1.5x Ultimate Rewards Points for every dollar spent, the same rate as the It Miles. UR Points are also more flexible than Discover's miles. UR Points can be transferred to their 11 partners (via a Sapphire card) whereas Discover's miles work like cash back that can only be used for travel purchases on the card.

Best of luck!



Return to “Credit building”

Who is online

Users browsing this forum: No registered users and 0 guests