- Centurion Member
- Posts: 4046
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
planman wrote:I make $125000 a year. How many trade lines would I need to get the 10-20 k cards?
With an income like that, your best option might be to develop 6 months of history with maybe 2 "starter" cards. Then add an Amex charge card, and use that for maybe 3 months. Then get an Amex revolver and use it heavily, requesting CLIs every few months.
That would be a pretty reasonable way to get a 10k-20k Amex CL within maybe 15 months. Then you can probably get a similar CL on a Cap One Venture card.
That is the best way I know to accomplish what you say you want. Like others here, though, I'm not sure your goal is a very good one.
Cap One's rewards are of limited value because they don't have high-earning bonus categories, and they don't let you earn rewards that can become hotel/airline loyalty points. Loyalty points can be worth much more than cash. The Capital One customer service also gets a lot of complaints.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech