samhradh wrote:Has anyone successfully applied for cards while carrying a balance?
Getting approvals while carrying a balance isn't necessarily difficult (depends on one's credit) and many have. Many have also received denials applying while carrying balances. I've been approved for the Freedom, PenFed Platinum Cash Rewards, Discover it & Ink Plus since I started carrying a balance on a card due to an introductory 0% offer. The Freedom was issued with 2 cards carrying balances and the Discover it was issued with 3 cards carrying balances (and has the lowest limit and highest APR of all cards).
It's not just a matter of carrying balances or not but utilization. Odds for getting desirable credit limits and APR's will drop as your utilization increases. 30% is the generally recommended max. Optimal for many is somewhere around 10% (possibly more or less depending on credit). It's also not just overall utilization but individual utilization that matters. At 5% overall and 19% on your Freedom I doubt you'll have problems from a utilization standpoint but it really depends on the creditor as well.
samhradh wrote:I read a couple old threads where posters mentioned approvals while carrying but am curious about more recent history.
Keep in mind that person A getting approved at X% utilization doesn't necessarily mean that person B will get approved at X% utilization. Credit is never about just one single factor.
samhradh wrote:To clarify, when you app'd, was it a balance carried or reporting? My balance is being carried. Or am I mistaken in thinking these are two different things?
They are two different things but a balance carried will end up reported. As stated above, most report at statement end.