690 credit score. How can I raise it above 700?

For just about anything you want to get off your chest about credit cards.
4 posts
Green Member
Green Member
Posts: 3
Joined: Tue Feb 14, 2012 9:21 pm
Location: USA

690 credit score. How can I raise it above 700?

Postby Eric79 » Tue Feb 14, 2012 9:47 pm

Just joined this forum to see if I could get some quick advice from some of the members on here that have rather good credit.

So right now I am trying to raise my credit above the 700 mark as I am just around 10 points under 700 (690 credit score) according to last months reports. My score has been going up a lot the last 3 months and has improved 50+ points over the last 6 months

Currently I have 2 credit cards. One is a Visa which has a $500 credit limit and the other is a MasterCard(Capital One) which has a $750 credit limit. I am using about 45% of my credit. What I want to do is get that number to around 30%.

So my question is should I get one more credit card to get that number down closer to 30% or call my Capital One Card number and ask for a higher credit limit? Now if I really needed to pay my cards off I could but I don't want to do that right away.

Also I just got that Capital One card about 10 months ago. I would also probably get a better interest rate considering my credit score is much better and I am looking for a card with some decent benefits. If you could suggest a card that would be great.

Thanks in advance!

Centurion Member
Centurion Member
Posts: 304
Joined: Sat Aug 13, 2011 9:38 am
Location: Michigan

Postby ooxs » Wed Feb 15, 2012 7:34 pm

Capital one might lower your interest rate but what is going to help you the most is a credit limit increase. Unfortunately with capital one, you stand a better chance moving to Michigan than getting them to give you a credit increase. Try paying your cards down and stay under 25%, the good news is this, if you call Capital one and threaten them to close your account, they will volunteer to lower your rate just to keep you

Applying for a new card might lower your score 10 points but after a few months of payments, you will jump right back to where you were and even higher try this card and let me know if you have any questions/concerns.

Good Luck and welcome to the forum

Green Member
Green Member
Posts: 3
Joined: Tue Feb 14, 2012 9:21 pm
Location: USA

Postby Eric79 » Wed Feb 15, 2012 8:28 pm

Thanks ooxs for the helpful response. Also I do live in Michigan ;)

And Yeah I was thinking if I applied for another card it might hurt my score a little.

But I was hoping to possibly get a Discover More credit card since I want to use it for gas and eating out so I can get money back etc. Also it would be great if I got a higher credit limit and better APR%. That would help my score out in the long run but don't know if Discover would accept me. Still not sure what to do.

Thanks again.

User avatar
Centurion Member
Centurion Member
Posts: 284
Joined: Sun Jul 17, 2011 12:38 am
Location: Newton, MA

Postby bisbicos » Wed Feb 15, 2012 9:06 pm

I was approved for a discover more card with a 630 credit . And a limit of 1250. Try your luck
Credit Cards
American Express: Fidelity Rewards (2% cash back) 9.5k
Discover: Discover More (5% rotating categories) 12k
Mastercard: Chase Freedom (5% rotating categories) 4.6k
Visa: Citi Forward (5x pts on restaurants) 15.7k
Citi Dividend (5% rotating categories) 5.6
Capital One Journey (1.25% cash back) 1.25k
BofA AAA (5% on gas) 2.5k
PenFed Platinum Rewards (5% on gas 3% groceries) 7.5k

Future Cards
US Bank Cash +
Chase Ink

Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 3 guests