Aside from applying for a BCE in January. I'm also thinking about applying for either a PenFed Platinum Rewards Card or a NFCU Platinum card. They mainly intrigue me because of their generous initial CLs.
I'm only chasing the higher limit cards because after I apply for these cards I'm not applying for anything for 2-3 years as this is the timeframe that my baddies (1 Charge off and a few late payments) (06-'07) will fall off my reports. Current utilization is at 25%
From forum members experiences....
1. Is this a good plan in your opinion?
2. What are your experiences with the mentioned cards above?