December 2015 Garden Club

For just about anything you want to get off your chest about credit cards.
284 posts
yfan
Centurion Member
Centurion Member
 
Posts: 437
Joined: Wed Jul 09, 2014 5:55 pm
Location: San Jose CA

December 2015 Garden Club

Postby yfan » Tue Dec 01, 2015 5:17 pm

Am I allowed to start one of these? :D

Anyway, I noticed we were still talking in the November Garden thread, and as it happens, today is December 1! Stay in the garden, now, boys and girls.


kdm31091
Centurion Member
Centurion Member
 
Posts: 1070
Joined: Sat Feb 21, 2015 3:35 pm
Location: Claymont, DE

Re: December 2015 Garden Club

Postby kdm31091 » Tue Dec 01, 2015 5:22 pm

yfan wrote:Am I allowed to start one of these? :D

Anyway, I noticed we were still talking in the November Garden thread, and as it happens, today is December 1! Stay in the garden, now, boys and girls.


I'm starting to see the results of gardening and I like it. My AAOA is slowly going back up and after December a chunk of my inquiries will be older than a year. It's a good feeling, and more rewarding than apping for the FOTM.

yfan
Centurion Member
Centurion Member
 
Posts: 437
Joined: Wed Jul 09, 2014 5:55 pm
Location: San Jose CA

Re: December 2015 Garden Club

Postby yfan » Tue Dec 01, 2015 5:34 pm

kdm31091 wrote:I'm starting to see the results of gardening and I like it. My AAOA is slowly going back up and after December a chunk of my inquiries will be older than a year. It's a good feeling, and more rewarding than apping for the FOTM.

What? You are not apping for a quadrillion Comenity cards right now?

LOL. In all seriousness, yes, gardening has its advantages. To tell you the truth, I have my eye on a Tesla in 2017 (when they come out with the cheaper model), and I want it at a nice, low interest rate. I won't get that from 90 zillion Comenity apps now, will I.

User avatar
CarefulBuilder14
Centurion Member
Centurion Member
 
Posts: 4196
Joined: Thu May 08, 2014 7:42 pm
Location: United States

Re: December 2015 Garden Club

Postby CarefulBuilder14 » Tue Dec 01, 2015 9:56 pm

I had my FICOs (TU and EX, only have CK for EQ) above 750 for the first time in a year and a half.

Then Hyatt reported and they fell about 10 points.

No apps planned, apart from having a very general idea that I might get an airline cobranded card sometime in early-to-mid 2016.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG, Prestige (retention)
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt
SD with activity alerts, might close: Arrival

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech, BofA Travel PH, Aviator Red

kdm31091
Centurion Member
Centurion Member
 
Posts: 1070
Joined: Sat Feb 21, 2015 3:35 pm
Location: Claymont, DE

Re: December 2015 Garden Club

Postby kdm31091 » Tue Dec 01, 2015 10:28 pm

CarefulBuilder14 wrote:I had my FICOs (TU and EX, only have CK for EQ) above 750 for the first time in a year and a half.

Then Hyatt reported and they fell about 10 points.

No apps planned, apart from having a very general idea that I might get an airline cobranded card sometime in early-to-mid 2016.


I was about to say congrats, then I read the next sentence. Lol

It's true though: to really build a great score and profile, one simply cannot app every two weeks or every month (not saying you do), "thick file" or not. It will ding you sooner or later. The people opening 5 accounts every week must have awful AAOAs; even a backdated old Amex can only do so much!

I think sooner or later everyone has to garden to get their profile to a state of supporting meaningful approvals later. It's just how it goes. I also suffered a score dip from a few new accounts in August, and it's slowly climbing back but slowly. If I was kicking it while it was down every month with another new account, it would never recover.

User avatar
Vattené
Centurion Member
Centurion Member
 
Posts: 1208
Joined: Sun Jan 26, 2014 3:55 am
Location: US

Re: December 2015 Garden Club

Postby Vattené » Wed Dec 02, 2015 12:36 am

yfan wrote:
kdm31091 wrote:I'm starting to see the results of gardening and I like it. My AAOA is slowly going back up and after December a chunk of my inquiries will be older than a year. It's a good feeling, and more rewarding than apping for the FOTM.

What? You are not apping for a quadrillion Comenity cards right now?

LOL. In all seriousness, yes, gardening has its advantages. To tell you the truth, I have my eye on a Tesla in 2017 (when they come out with the cheaper model), and I want it at a nice, low interest rate. I won't get that from 90 zillion Comenity apps now, will I.

Hey now! I've been setting my sights on a Mercedes in a few years, but I might have to consider this. My wife is absolutely in love with Tesla, and this Model 3 might actually be attainable.
-Vattené
FICO-8:
EX - 827 (4/17) | TU - 812 (4/17)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

JonE
Centurion Member
Centurion Member
 
Posts: 336
Joined: Sat Jan 24, 2015 9:55 am
Location: Denver

Re: December 2015 Garden Club

Postby JonE » Wed Dec 02, 2015 1:34 am

Left the garden last month with Discover and Amazon approvals. I'll probably wait until bare minimum 6 months before applying for any of my last two wish list cards. Need to decide if I want the EDP first (minimum spend bonus is easier to obtain) or the CSP (wont run afoul of the 5x24 rule). If my TU score is improved by mid year I'll probably shoot for CLIs on Amazon. By then I should probably be dropping care credit and possibly Walmart.
Wallet: Chase Freedom, Discover IT
Chopping Block: Synchrony
Future: TBD

Nixon
Centurion Member
Centurion Member
 
Posts: 1153
Joined: Mon Nov 03, 2014 11:12 am
Location: Great Southwest

Re: December 2015 Garden Club

Postby Nixon » Wed Dec 02, 2015 7:37 am

If I didn't have a 140 mile RT commute (Yes, by choice), I'd seriously consider an all-electric plug in like a Tesla. Love the speed on those things.

But for now, gas and diesel are cheap. :cool:
Image

kdm31091
Centurion Member
Centurion Member
 
Posts: 1070
Joined: Sat Feb 21, 2015 3:35 pm
Location: Claymont, DE

Re: December 2015 Garden Club

Postby kdm31091 » Wed Dec 02, 2015 9:14 am

The hysteria over comenity shutdowns continues on MF. People saying how horrible they are. I'm telling you, I don't know which lender these people will use since every lender is "shady" and "horrible" if they have any policy other than "approve everyone for everything they want".

Vermonster
Centurion Member
Centurion Member
 
Posts: 725
Joined: Mon Oct 01, 2012 11:09 pm
Location: NJ

Re: December 2015 Garden Club

Postby Vermonster » Wed Dec 02, 2015 9:47 am

Nixon wrote:If I didn't have a 140 mile RT commute (Yes, by choice), I'd seriously consider an all-electric plug in like a Tesla. Love the speed on those things.

But for now, gas and diesel are cheap. :cool:


I have seriously considered a Tesla for my wife as her commute is >5mi and she could really use the autopilot :D
Chase Freedom $9k~~Chase Sapphire Preferred $6.5k~~Amex Blue Cash Preferred $12.4k~~Citi Double Cash $4.7k



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 2 guests