Hey there! I remember you from a previous thread
As said previously, your credit profile is great! Low utilization, Paid on time/in full each month, and a low number of inquires. These are all factors that creditors/lenders take into consideration.
When your score updates, if it does get into the 700+ you could definitely try applying for AMEX/Discover. If you're not approved instantly, you can always do 'recon' using a backdoor number.
Either method works for applying for cards. Some people do it in bulk, others spread it out. The AMEX BCE is a great card. It's one of their harder cards to get, however. If you really want to get your 'foot in the door' with AMEX, you could try applying for something smaller like a Green card. You don't get cash back but you do earn points which you can exchange for things such as gift cards/merchandise or FF tickets. I actually think you'd have a better chance with Discover It. I could be wrong, so don't take my word on it! Anyways, Discover IT offers 5% cash back in rotating categories (Currently Gas until October) and 1% unlimited cash back with everything else. Plus, IT has no annual fee.
As far as Chase goes, I have heard of people in the mid 600's getting a Freedom. Not sure about slate. Chase freedom also offers great Cash back. And currently, they even offer a $100 cashback bonus when you make $500 worth of purchases in the first 3 months of the card opening. As with Discover, Freedom offers 5% cash back in rotating categories up to $1500, then 1% any other time.
Another good Cash back card is the USBank Cash+. 5% cash back in two categories you choose up to $2000, THEN 2% cash back on another category you choose, and 1% on everything else. Also, it has no annual fee.You can check out the categories HERE
. Your credit profile might need to be a bit 'higher' though, so I wouldn't recommend applying for it until you get another card or some more history. Also, I hear that the Cash+ is getting cut each year now, in the sense that they're offering less benefits. But it is a Visa Signature, so in case you were interested in one of those cards I thought I should at least list it
. While it says you can only apply in branch, you can also apply over the phone. I, however, do not have the number. Sorry!
You could definitely ask for an increase on your NFCU card. Higher limits affect you because with a higher limit you will have lower utilization. Also, lower credit:debt ratio. And oddly enough, some lenders require you to have higher limits. For example, Capital One makes it a requirement that you have to have a credit card or loan with a limit/amount of $5000 + to get one of their 'Excellent Credit' cards like Venture.
Keep in note when/if you do apply for cards, to have verification ready. Some lenders require things such as proof of income.
Also keep in note that you can always recon for some of these cards if initially declined. Chase tends to be good to people who 'backdoor'.
Hope this helps!