DavidNY wrote:I generally apply for several cards on the same day then wait so I have time to make the spending minimums for whatever bonuses there were on the cards I picked up.
hematino wrote:I'm not much for gardening, guess I don't have much of a green thumb. I do need to chill with the inquiries though, I range from 9 on Equifax to 17 on Experian (lol). Racked most of them up last year, but in return I got pretty much every card I wanted. Last year I accomplished in order:
Amex Blue Cash Preferred
US Airways World Mastercard
PenFed Cash Rewards Platinum Visa
Chase Sapphire Preferred World Mastercard
Citi Forward Visa Signature
Citi Dividend Mastercard
DCU Platinum Rewards Visa
US Bank Cash + Visa Signature (started as a Cash Rewards and got PC'ed)
US Bank Cash Rewards Visa (#2)
TD Bank Cash Rewards Visa Signature
Kohl's Charge Card
Plus converted my Chase Slate to a Freedom, and got CLI's from Discover, Amex, US Bank, and Citi. On the flip side, I had my US Airways card closed by Barclays from all my new accounts/inquiries, but having the bonus miles the card had already served its purpose.
I applied for a couple other cards but started getting denied for too many inqs. Thats my cue to let them age 6 months before applying for anything new or asking Chase to CLI my Freedom or SP. My utilization sits around 4%. The last thing I got was approved for the Rewards Barclaycard this February (shocking after they AA'ed me in November), and I only applied for that for the 15 month 0% APR to make a large purchase with that I cannot pay immediately off. Froze TransUnion afterwards to make sure if I try for a CLI from someone it doesnt screw me with Barclays again.
The banks get all pissy sometimes from all the inquiries but truth be told, it hasn't really dropped my FICO scores that much, my TU is still 714 and my EX is 701. Havent had EQ pulled in a while so I don't know that one. The fact that my scores are still a notch above 700 shocks me with all the abuse I've been dishing out to them.
I'm impulsive and impatient, and gardening is not for someone like me. Gonna have to suck it up for a while though till these inquiries age. My goal this year is to break 10K on at least one of my limits (highest are 7500 and 8000 from TD Bank and US Bank respectively), and also to boost some of the limits on a few anemic cards.
Sevenfeet wrote:You can tell when someone's trying to round out the pack when you see a JCB card in the mix (and they don't live on the west coast and I cannot tell if you're Japanese or not ). I think you'd probably would have a Diners Club if they still offered personal cards.
You're story is still an interesting one since there seems to be a floor as to how much an app spree will damage your credit scores as long as everything else is ok (no baddies, utilization ok).
VisaSpeak wrote:What does the term mean?