I'm looking to get into the world of Travelhacking, but wanted to start with a relatively clean slate.
This week, I paid off the last of my current 3 credit cards and have zero credit card debt!
I'm very interested in applying for the Chase Sapphire Preferred card, but of course want to get the best interest rate and limit I can. Is there a time-frame of how long I should wait to apply (for my credit reports to reflect not having any debt)?
I have 3 cards:
-BoA BankAmericard was at a balance of just over 5K (near max) in August of last year. Was at 2200 this past month, now at 0.
-Chase Slate was at a balance of just under 2500 (near max) in January. Was at 800 this past month, now at 0.
-Capital One Platinum was at a balance of just under 2500 (near max) in August of last year. Has been sitting at 0 for about a half year.
I do have a fair amount of student loan to pay off (it's in the works) that I hope to have finished in the next year and a half.
Is there a "best time" to apply for certain cards? Should I wait another month or so having just paid off the Chase Slate and BankAmericard cards?
I'm just eager to start having any transactions I make start working extra for me.
Thanks for any advice!