90, 91, 95 Days
Dec 8, 2012 | 12:19 am
#1
Original Poster
Join Date: May 2008
Posts: 20
90, 91, 95 Days
When applying for credit cards, I have seen a guideline of waiting a set period of time so that the previous hard inquiries have a diminished effect on your credit record. I have seen 90, 91, or 95 thrown around. Is there a benefit in waiting 95 days as opposed to 90 days?
Dec 8, 2012 | 8:18 am
#2
Join Date: Mar 2012
Posts: 784
I think you are mixing the citi app "rule of thumb" for non AA cards with app "rule of thumb". The citi "rule" is that citi allows apps every 90 days, but best to wait for 95 ish as Citi is reportedly known for not counting exactly 90 days, i.e. sometimes it's 91 or 92 and if you apply to early, it's a denial.
I've read the 90 day app "rule" a bunch, but I'm not willing and have no need to be that aggressive. It seems to me that waiting another week, ie. to 95 days so that you encompass both "rules" is simply not that difficult.
I've read the 90 day app "rule" a bunch, but I'm not willing and have no need to be that aggressive. It seems to me that waiting another week, ie. to 95 days so that you encompass both "rules" is simply not that difficult.
Dec 8, 2012 | 7:38 pm
#4
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
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Posts: 12,745
When applying for credit cards, I have seen a guideline of waiting a set period of time so that the previous hard inquiries have a diminished effect on your credit record. I have seen 90, 91, or 95 thrown around. Is there a benefit in waiting 95 days as opposed to 90 days?
Best of luck!
Dec 9, 2012 | 12:58 pm
#5
Used to be garyjr316
Join Date: Feb 2011
Location: LAX or SBA
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Posts: 800
I think the 90 days is important with Citi more so than most other credit card companies. When it comes to Chase it's more about what your relationship is with that bank. Balance, credit line, payment history, etc. If you establish a good relationship I don't think it matters when you apply for cards. However... it probably makes more sense to spread them out quarterly because it is easier to explain the credit "hits" every few months vs. monthly. Of course this is just my opinion...