Applying While Carrying a Balance?

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13 posts
samhradh
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Joined: Thu Nov 21, 2013 1:13 pm
Location: United States

Postby samhradh » Thu Jan 02, 2014 8:56 am

Just realized I calculated my carried balance/UT wrong. D'oh. Should've said about 19%.

My goal is to travel to Taiwan for free in first class. Thinking I will start by app'ing for the Delta Gold AmEx since Chase UR points don't transfer to the Delta program.

Thanks all for advice, very helpful!
Citi Forward ($10.1K), AmEx Blue Cash Everyday ($30K), Chase Freedom ($12.4K), Discover it ($5.5K), Barclaycard Arrival ($12.5K), L.L. Bean Visa ($5K). FICO 806 (TU), 812 (EQ), 806 (EX).


JoDa
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Joined: Tue Mar 12, 2013 10:10 pm
Location: United States

Postby JoDa » Thu Jan 02, 2014 8:09 pm

Depends on your DTI and overall credit profile. I'm not super-careful about paying off my cards by the report date (unless I'm buying something big like property, and always in time to avoid interest), so I frequently show balances on my credit report of 3-5% of my available credit. It's never gotten me turned down for a card or any other credit, and the $19K line you'll see below was approved while my UMP was reporting a $2500 balance (Christmas shopping and regular expenses since paid off).

Also, just saw your goal, and while first is obviously ultra-luxury, international business is very nice and may save you a few points. I was a United devotee for years, and their international business now has lay-flat seats, 20" personal screens, and good food and wine. Good enough for me. :)
CSP $19K
BOA $4K
UMP $11.5K
Target Visa $1.5K

samhradh
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Joined: Thu Nov 21, 2013 1:13 pm
Location: United States

Postby samhradh » Mon Jan 06, 2014 6:26 pm

JoDa, I actually couldn't get Delta to give me a first class seat. Only business. So I got inspired to just do a basic kayak search for flights and realized that plenty of other airlines could get me to Taiwan. Not sure why I thought Delta would be the best option.

Ended up going back to my original plan of a general travel card. I realized that getting 2x on purchases made with an airline using their card was equal to general purpose cards like the CSP and Arrival. And while I am tempted to try out MS, I have yet to test whether my local CVS accepts CC for Vanillas, so the $3K requirement on the CSP is unrealistic w/o a 0% APR offer.

All of which lead me to finally apply for...drumroll please...the Barclaycard Arrival WMC. I applied online a few mins ago and got approved for a $12.5K CL. At first I was ready to throw the laptop across the room because the "Congrats" message left out the World part of the card name. I got nervous the app was wasted and I wasn't approved for the WMC but merely the platinum. I started setting up my online account, though, and all the info in it seems to point toward me getting the WMC. Will update once it arrives.

Final tally RE: the balance I was carrying when apping is pretty similar to the one I initially laid out (a little higher actually). So I am thankful Barclay didn't hold that against me. I think once I master MS I will do the CSP in a few months.
Citi Forward ($10.1K), AmEx Blue Cash Everyday ($30K), Chase Freedom ($12.4K), Discover it ($5.5K), Barclaycard Arrival ($12.5K), L.L. Bean Visa ($5K). FICO 806 (TU), 812 (EQ), 806 (EX).



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