Hey everyone. This is my first official post here but I have been reading up for quite awhile now and trying to learn as much as I can.
Before I get to my main question, let me give a little background of myself:
- 22 year old recent college graduate
- 711 TU credit score (Using CreditKarma)
- 718 VantageScore (again using CreditKarma)
I have had a Capital One Journey Card for about 2 years. It was my first ever credit card and a great credit builder. Started with a $500 CL and the card now sits at $2,750 CL.
Today, I applied for the Chase Freedom card as it has better rewards than my starter Journey card and a friend recommended I give it a try. I was instantly approved for the Chase Freedom with a $2,500 CL.
I also received a "offer" in the mail today for the BankAmericard Cash Rewards. The perk that caught my eye with this card was the 3% cash back on gas all year round (with a max/quarter, of course). The gas perks are important to me as I do a lot of driving for work. Since the Chase Freedom works on revolving categories, I figured I would use the Chase Freedom for gas when it was included in the bonus categories and the BankAmericard during the months gas was not included.
When I applied for the BankAmericard, I was not instantly approved and received the daunting message that I would be contacted via mail within 30 days with a decision.
Should I consider this as a denial? I know others have been approved after receiving this message but I was worried that since I applied for 2 cards in a day that this was a bad sign.
Sorry for the long post and I appreciate any input from more seasoned veterans!