- Centurion Member
- Posts: 3939
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
mltno wrote:Thanks gave me the push to apply for both of them and approved.
What do you mean by drapp to have it count as only 1 ?
Happy to see you got approved.
Others know more, and I'm probably more at the app-conservative end of the spectrum here, but I'd suspect that applying for five cards in one day is reasonable only if you have a very long and broad credit history, or if some cards are with repeat issuers. I expect Amex and Chase are a lot more friendly when it comes to opening multiple cards at once than, say, Barclays is. I'm guessing some of your current accounts are a few years old to have a near-800 FICO.
However, (if someone with a short credit history and only one or two cards is reading this) it is possible to have a fairly high FICO score (maybe 760) with only a short but clean credit history. You are not in the same credit situation as someone with a longer history, half a dozen cards, and a similar FICO.
I don't know what the right frequency is for applications, but 5 in one day on a high-FICO but thin file would be overkill.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May