Originally Posted by
anotherTCKid
The nature of my international expenses, Sapphire Preferred made the best choice. I just got my rejection from them
Few revolving accounts opened long enough
Not enough account opened long enough
When I called in to try and reconsider, they said there were also too many inquiries. Should I have mentioned that prior to this app, there was only one inquiry in the last 3 months? (Citi Foward)
It's not like I have other credit lines to play around/negotiate with, but is there anything I could say to plead my case? Even just a 2k limit would go a long way. I'm just baffled that I've had a solid job for almost two years and there are college kids who get higher limits than I do
The Sapphire Preferred and other Visa Signature cards (and whatever the equivalent Mastercard level is) are premium cards that require a minimum credit limit of, I believe, $5,000. It'll be tough, if not impossible, for you to get that right now.
I'm not sure what the best strategy for you would be, but I would wait at least 3 more months before applying for a lower level card, maybe another one from Capital One (since they have no foreign transaction fees). In the meanwhile, moderately increase your spending on your existing card.