Which Card Next?

For just about anything you want to get off your chest about credit cards.
32 posts
Regnohspf
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Location: Orlando

Postby Regnohspf » Fri Aug 10, 2012 4:23 pm

citi thank you premier is only 1 domestic flight ticket per year. it would be crazy if it was 2 a year.

Unless your planning on using points to fly and travel all the other cards i feel are unnecessary. only reason why i even have my forward and my sapphire is cause i travel a minimum 5 times a year.

Chase Freedom i feel is your best bet. I got approved for my Sapphire with a 40k income and im also rent/mortgage free as well. so im not sure if they will give you off the bat $5k cl on your freedom but its worth a shot. you can always ask for a cli as soon as you get approved or wait the 60days and try and ask for the $5k.

Chase freedom is just all around good since you can get cash back for your purchases and currently they're doing $100 cash back and no interest for 12 months as well which is an awesome deal. I got mine with a $350 bonus but with interest at a horrible 21.99% rate but i pay everything in full so no worries.
Wells Fargo Student Credit Card Visa - $1300 (February 2011)
American Express Zync Charge Card (February 2012)
Chase Freedom Visa- $2000 5% rotating (April 2012)
Citi Forward Visa- $3000 - 5x at restaurants, amazon.com (April 2012)
Chase Sapphire Preferred Mastercard World Elite - $5000 (July 2012)

Credit cards left to attain
-Amex BCE/BCP


kcarter609
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Joined: Thu Aug 09, 2012 7:54 am
Location: VA

Postby kcarter609 » Fri Aug 10, 2012 4:38 pm

Regnohspf, how long is your credit history/what are your scores if you don't mind me asking? I'd really like to know to see if I would qualify for Sapphire or not. I've really been reading about the Freedom since I posted this thread, and the more I read the more I like it. I'll probably apply for it anyway.

Also, I would travel if I had the points/some sort of discount to do it. But when I have to pay for everything at full price out of pocket, it's hard to swallow.

***EDIT: Does anyone know if I sign up for the Freedom now and get the Bonus 10k points, then later on want to apply for the CSP, can I still get the 40k bonus or not? The Chase website phrases it as new customers only, not current card members/accounts. I'm not 100% sure what they mean.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

Regnohspf
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Location: Orlando

Postby Regnohspf » Fri Aug 10, 2012 5:14 pm

My credit history is 1 year and 6 months. AAOA is only i think 7 months since so many new cards this year. im basically new, ive gotten 4 credit cards in the past 6 months. and my scores i have no idea. my CK score is currently at a 746 but i mean CK doesnt really mean much. I dont know what my FICO score is now but last time i got rejected for Sapphire (february) i was at a 590 fico haha so who knows what im at now.

Yes you do get both bonus. I've received my 35k points for my Freedom and called the CSP customer service and they said im also elligible for the 40k bonus. By new accounts they mean that you don't currently have one of those cards.
Wells Fargo Student Credit Card Visa - $1300 (February 2011)
American Express Zync Charge Card (February 2012)
Chase Freedom Visa- $2000 5% rotating (April 2012)
Citi Forward Visa- $3000 - 5x at restaurants, amazon.com (April 2012)
Chase Sapphire Preferred Mastercard World Elite - $5000 (July 2012)

Credit cards left to attain
-Amex BCE/BCP

kcarter609
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Posts: 423
Joined: Thu Aug 09, 2012 7:54 am
Location: VA

Postby kcarter609 » Fri Aug 10, 2012 5:24 pm

Regnohspf wrote:My credit history is 1 year and 6 months. AAOA is only i think 7 months since so many new cards this year. im basically new, ive gotten 4 credit cards in the past 6 months. and my scores i have no idea. my CK score is currently at a 746 but i mean CK doesnt really mean much. I dont know what my FICO score is now but last time i got rejected for Sapphire (february) i was at a 590 fico haha so who knows what im at now.

Yes you do get both bonus. I've received my 35k points for my Freedom and called the CSP customer service and they said im also elligible for the 40k bonus. By new accounts they mean that you don't currently have one of those cards.


My AAOA is like 2.4 years, CK score is 752, true FICO from Equifax is 750 I think. Or 740. It's right around there. Credit history is like 3.1 years or so. I also have a car loan with Chase in good standing that's been active for like 2.3 years or so.

How did you get the 35k bonus? I thought it was only 10k. Or was that the deal back then?

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

FutureBillionaire
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Location: Down South

Postby FutureBillionaire » Fri Aug 10, 2012 5:34 pm

kcarter609 wrote:As noted in my initial post, I have an AMEX Gold card already. Unless you are talking about a specific one.


What do you mean stingy? I see quite a few people on here and other forums with Discover limits of anywhere from $5k to $16k. A lot of people have over $10k from what I've seen. Or do they just have a high income?

I will use the card for whatever, and the Chase Trifecta was recently brought to my attention and it seems like a good option. What does everyone think?


I was referencing the blue cash preferred or the blue cash card. It gets you cash back on things you use alot, plus it doesn't hurt your AAOA.


I only have 5k total between two Discover cards. I will admit that I have a total of 50K amongst my other cards though But, to prove my point, I was told the other day that the recommended limit for my Blue Cash preferred that I just apped and was approved for was 12,500. That amount is in spite of my high available credit. I would have to beg discover for another 1k.

If you don't have Discover, the Chase freedom is ok for Gas. Take a look at the categories to make sure that they match up for you.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

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jumbo
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Location: IA

Postby jumbo » Fri Aug 10, 2012 5:34 pm

FutureBillionaire wrote:Bank of America gave me very generous limits. They are relatively easy to get approved for.


Really..? BofA is most stingy to me. I got their Platinum Plus student CC on Feb 2010. The initial credit limit was $700 and they increased it once (with request) to 1000. Thats $300 increase in almost three years.
Do you have any trick to make them generous and increase the CL.
BofA Cash Rewards | CapitalOne QuickSilver | Discover More
Gold Delta AMEX | Citi DoubleCash | Citi Simplicity
Chase Freedom | Kohls Charge Card

FutureBillionaire
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Location: Down South

Postby FutureBillionaire » Fri Aug 10, 2012 6:16 pm

No tricks that I can think of. I have 3 different cards with them with a total of 20k of available credit. That may be the first card I applied for outside of the credit union card I had first. It may be because I didn't have much available credit then. Also, I see that you have a student card. Are you currently a student?
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

kcarter609
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Joined: Thu Aug 09, 2012 7:54 am
Location: VA

Postby kcarter609 » Fri Aug 10, 2012 7:10 pm

Ok, after doing a lot of reading and comparing the Citi Thank You cards with the Chase trifecta, I really think that the Chase Freedom (hopefully with a high enough CL to be a Visa Signature) and the CSP are the best option for me. The UR points are way more versatile than TY points, and I feel like that's a better option.

So my plan is to apply for the Chase Freedom, keep it for a few months, then apply for the CSP as a World Elite MasterCard.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

kcarter609
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Location: VA

Postby kcarter609 » Fri Aug 10, 2012 8:02 pm

***Update***

I applied online, got approved, called up to see my limit, they said it was $3,000. I asked for a CLI to $5,000, they approved it instantly. Asked them to give me the correct department to make sure it comes as a Visa Signature Card, and they told me I have to wait a YEAR before I can convert it to a Signature.... So sometime soon, my Freedom card will be here with a $5k limit. Maybe when it gets here I can figure out who to call and talk to so they convert it to a Signature. Anyone know how to make this happen??

When it gets here, I'll transfer all of my subscription stuff to it to start getting points. There is a new Chase branch opening in my town in a couple days, so I'll visit them and see if I can get a free student checking or something so I can have the 10 + 10 setup.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

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jumbo
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Location: IA

Postby jumbo » Fri Aug 10, 2012 10:43 pm

FB, yes still a student, graduating this year. Hoping to get a CLI while converting from student to non-student card in near future.
BofA Cash Rewards | CapitalOne QuickSilver | Discover More
Gold Delta AMEX | Citi DoubleCash | Citi Simplicity
Chase Freedom | Kohls Charge Card



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