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When to Re-Apply
I am new to this. I just applied for:
Barclay's US Air Delta Gold Sky Miles Chase Marriott Rewards Citi AAdvantage Visa Already got approved for Citi card waiting to hear back from others. When should I apply for more cards? And when can I? Whats the most amount of cards you have ever kept open at a time? |
Originally Posted by dtp1987
(Post 18305985)
I am new to this. I just applied for:
Barclay's US Air Delta Gold Sky Miles Chase Marriott Rewards Citi AAdvantage Visa Already got approved for Citi card waiting to hear back from others. When should I apply for more cards? And when can I? Whats the most amount of cards you have ever kept open at a time? |
Originally Posted by dtp1987
(Post 18305985)
I am new to this. I just applied for:
Barclay's US Air Delta Gold Sky Miles Chase Marriott Rewards Citi AAdvantage Visa Already got approved for Citi card waiting to hear back from others. When should I apply for more cards? And when can I? Whats the most amount of cards you have ever kept open at a time? I would have done the citi 2 browser trick for the AA cards. It's probably too late now. |
Originally Posted by PanGalactic
(Post 18306007)
Looks like you have overdone it already!
How long do you guys wait in between batches of cards that you get? |
Originally Posted by dtp1987
(Post 18306067)
How long do you guys wait in between batches of cards that you get?
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Like I said before, it depends on your individual credit profile. What's you FICO score? How long of credit history do you have? How many current CCs do you have? If everything is in perfect shape 740 FICO (after the inquiries and new accounts report) AND you can meet the spend on all of your cards, people can apply every 90 days or so.
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Once points post after you meet minimum spending requirements, do you always have them? Or do you lose them when you cancel card?
My fico score before I applied for 4 cards last night was 740 |
Too many inquiries in a short period of time hurts your FICO score. Your score is decent, but it will take a hit because of this. However, it will recover in a few months. I would recommend waiting at least 6 months before applying for any more cards.
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Originally Posted by dtp1987
(Post 18306118)
Once points post after you meet minimum spending requirements, do you always have them? Or do you lose them when you cancel card?
If you have points in a credit card program such as Citi Thank You points, Chase Ultimate Rewards points, or Amex Membership Rewards, remaining points expire when you cancel the card. I recommend waiting 90 days before you apply for new credit cards. You will get different responses from different people based on their comfort level. |
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