Current wallet cards vs sock drawer

For just about anything you want to get off your chest about credit cards.
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Snowman
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Postby Snowman » Sat Jun 15, 2013 4:22 pm

Thanks 99. I want to get some CLI's but everyone here in socal pulls EX, and I don't want EX to have more then 6 inquiries total, but I do hope that I will get one soon or in a couple of years when most of my inquiries have faded off. I still don't understand why Citi doesn't like you, my father has had a Citi card since the mid 80's, and they've been good to them, and they've been good to me in the short time I've been with them. I'd rather not chance it with them right now and maybe when my inquiries start coming off I'll start getting them. I actually have dates that I'm planning to ask for a CLI, and I think by then I will have the history and spending to justify what I'm asking for. I'm also afraid with my smallish income that nobody's going to give me a 5k CL....but we shall see what happens.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.


MemberSince99
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Postby MemberSince99 » Sat Jun 15, 2013 6:04 pm

After a year your inquiries on EX won't affect your score at all, and honestly very very few creditors even care much about anything after 6 months, let alone a year (if that's the excuse they use, they were going to find a reason to decline you no matter what).

All I can figure with Citi is, one of the cards I charged off years ago, I mean forever ago, was a Sears card, and I believe that was backed by Citi. It was like 800 dollars, which back in the 80s was a lot more than it is today, but that's still 800 dollars, I wouldn't like to lose it either. I suspect they still remember that, plus I charged off 2 gas cards backed by them as well again for very little money, but it's not so much the money (though that hurts) but the fact it was done multiple times. I have the feeling Citi remembers that. I've NEVER had an actual "Citi" card - but I have had 3 that were backed by part of Citi, and I suspect THAT could be what it is, because they always simply find a reason to decline, it's almost like they make it up, because I've read people with lower scores, history and limits getting 9k to start with them while I get a big fat decline for reasons that wouldn't bother any other prime lender.

Just my suspicion there, but I think I am on the for life blacklist, like I am with the myFICO communit.y. If those are the only two blacklists I make, I guess I haven't done too badly. I'd honestly rather be blacklisted by Citi than Chase or Amex. I don't know if Citi hard pulls if you are blacklisted, but all of my apps got a hard pull, so even if I'm blacklisted that didn't save me.

Anyway I gave up on them. No point wasting inquiries. I like that they seem to give high limits to start and are good about CLIs, but talking with their CSRs on the phone, you can't be all that impressed, not after you've talked with say Discover. They all had thick accents making it hard for me to understand them and them to understand me, and they seemed to have little power to do anything and about all they could do is read their scripts. Almost useless. Not their fault, they need to make a living too, but damn it, corporate America, this way of saving a buck is getting ridiculous. If you can't train these people then what the hell? I blame our companies and their infinite greed not the CSR for that.

Anyway, I think you have to keep pushing for that limit. These companies will be happy to keep you in low limit land forever unless you take the initiative and find your way upward. Someone will give it to you, you just have to find out who.
I would try Ciit, also at a year try Discover, they pull TU for CLIs so EX should be safe. Even Bank of America if you have an established relationship with them is said to be generous from what I've read and that's your smallest limit card but it's over a year old now.

If worse comes to worse, seriously, open a GE backed card, or something from FNBO. GE auto CLIs every 4 months or so. If you put heavy use and PIF as I did, you will see growth. They gave me an auto CLI on my Amazon store card at 4 months, I don't remember the amount, but they also got me over the 5k hump - I started with 3k, and used it HEAVY and PIF every month - after 4 months I got an auto CLI to 5800. From there other lenders started matching.
With FNBO you are eligible for a CLI every 4 months you can call (and have to call) to ask if you are eligible - if so, auto CLI. It's the best I've seen outside of GE I hear they can be generous even though they have a reputation for being conservative.

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Snowman
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Postby Snowman » Sat Jun 15, 2013 7:04 pm

Yeah that's what I was thinking, I mean if they were going to decline me it's fine, but I don't like it when my inquiries are 6 months old and they are telling me I'm being declined for...whatever.

Yeah, the Sears card is backed by them, and if you had a shell card, I believe that could have been it as well. Did you ever try paying them back? I have heard they are like Amex in that regard, that if you pay them back, they might let you back in. Citi is a good creditor IMO, but I think Amex and Chase are much better.

I think it is better if it is Citi, then the other two. Amex and Chase have excellent cards, while Citi's are good, they aren't on the same level as the other 2. That's interesting, I didn't think if you were blacklisted and applied with them again, they would give another HP. But yeah, don't waste time with them, especially since they won't give you a card.

I actually don't like their CS, I think Discover and Chase have the best CS out of them all. I hear you there, CS suffers because they'd rather be greedy and downgrade their CS, which makes it a pain to deal with.

Actually, I just got a small increase to 1,000 on my Cash Rewards card this afternoon, so that makes me happy and I hope to get there soon. I do use it heavy, but I pay before the statement date cuts, what's the best way to get an increase..or some steps at least...?

I'm also looking at GE, but the thing is I don't shop all too much, so only the Chevron card would make sense for me.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.

MemberSince99
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Postby MemberSince99 » Sat Jun 15, 2013 7:37 pm

I actually did call them many years ago offering to pay them, and they refused, saying it was sold to a vulture I mean collection agency and it was out of their hands and to deal with them. This was Sears, but they were backed by Citi and I believe still are.

So no go with that. At this point they wouldn't let me pay from my experience. What's done is done.

Wow congratulations on your CLI that's terrific!!!! I have read that BofA likes how you do it - PIF, and I'm sure heavy use combined with that is nothing they frown at. I mean who doesn't want heavy use. Since they gave you an auto CLI, obvioiusly they like what you are doing. I suspect, I have a hunch, that you could get more by calling them, IF you are willing to take a hard pull on TU. No matter what the CSR promises you, from what I've read you can never be 100% sure they won't do a hard pull when you call asking about an increase. But if you are willing to risk/take the pull, I bet you might get more. It seems like once you get over that 5k hump, the others follow suit if you're doing it right which you are.

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Snowman
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Postby Snowman » Sun Jun 16, 2013 3:02 am

Yup, Sears is still backed by Sears. Honestly, I would have tried, but I guess at that point It was already too late to bother.

I do use it quite a bit since I drive quite a bit, and it comes in handy. Actually, I requested the CLI online ( I wanted it to be 2,000, but they asked me to push a new number. I put 1,000 to be on the safe side.) I would call them, but I already have a new account and I don't want them to deny me for more. I'll stick with it and in a year or so I'll ask for another CLI. I also got approved for the Southwest RR Plus right after the CLI with a 3.6k limit. I applied for the BCE (gave me the notice that they needed to process it more, honeslty don't care if they approve it or not.) Applied for the Citi AAdvantage card and said everything was fine, just need limits that are close to 5k or above and then try again. But I'm done with cards for now since there isn't anything I really want now. Honestly, I love Chase. They have been the best to me and they will deserve to get my business more then any other creditor. I think I already took the pull, but I'm sure they pulled TU (I'll be upset if they pulled EX, It's bombarded enough.) I'm going to be laying low for the next 6 months to a year and then maybe try for the Marriott card and see what happens, but now I'm done and happy with my progress so far.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.

MemberSince99
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Postby MemberSince99 » Sun Jun 16, 2013 6:29 am

I hope you get the BCE. If there is any snag at all it would be income.

But you are doing great I know you will get there. I would honestly do just like you and just let things go for a while. That's kind of my plan at the moment too. Don't really have any cards I want, other than possibly Freedom, but Amex doesn't offer anything else I can honestly use, and i don't want many more cards in fact I'd like to close at least 2 of what I have so the Associated cards are literally in my drawer right now. I'm hesitating to actually close them, butI'm not going to use them, and that's what will eventually happen if I leave them there anyway.

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Snowman
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Postby Snowman » Sun Jun 16, 2013 10:15 am

Yeah, I would hope so. If I get the BCE, I am going to close the PRG in a few months, and I might close my Forward or More card, since I want to keep my higher limits+ my BOFA account (my first account), and don't want the 2 lower limits, even though both are good cards IMO. You've got good limits member, I'd leave with them. Personally, I'm planning to close anything lower then 1.5k (other then my BOFA card) since I don't want smallish limits, bigger the better. Chase has shown me nothing but generosity for someone with my income, and I will be spending with them more then any other issuer.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Discover: More-7k
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.

chan35
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Location: Chicago, IL

Postby chan35 » Sun Jun 16, 2013 7:20 pm

Freedom Signature, CSP & BCP are my brand new cards that have replaced everything in my wallet! I have Citi Diamond Preferred, 3 Capital One cards, Victoria's Secret & J Crew tucked away in my closet. I happily gave Applied Bank & Credit One the boot last week!
FICO Scores:
EQ 704
TU 789
EX 781 (via Amex on 6/11/13)



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