Credit Card Applications
#16
Join Date: Apr 2010
Location: ORD
Programs: Hyatt Diamond,IHG Platinum, HH Gold, OZ Diamond (*G), AA Plat, AS MVP Gold
Posts: 85
Another data point with Chase.
I got two cards within 40days.
First one approved 14days after application, second was approved 2days after application.
I got two cards within 40days.
First one approved 14days after application, second was approved 2days after application.
#19
Join Date: Dec 2010
Location: PBI
Programs: DL FO
Posts: 388
I have around a 790 FICO and I try to keep the apps to around 5-6 per year. Any more than 10-12 in a two year period and I stop applying until some fall off. YMMV
#20




Join Date: Jun 2010
Location: Minneapolis, MN
Posts: 481
Also, TTBHG did you see my message in the Delta card thread?
#21
Join Date: Dec 2010
Location: PBI
Programs: DL FO
Posts: 388
I just posted a reply it that thread for you.
Which one of the cards were you denied for? If you got three out of four and really want to app for the last two, at this point I would probably just do it and take the extra little hit.
Which one of the cards were you denied for? If you got three out of four and really want to app for the last two, at this point I would probably just do it and take the extra little hit.
#22
In Memoriam
Join Date: May 2001
Location: Southern California
Programs: Hertz 5 star, Priceline Hotel bidder. AA PLT, 1MM.
Posts: 2,910
My credit karma score says 750, not sure how accurate that is. I've applied for an AA, CO, UA, and USAir over the past 2 weeks. Been approved for 3/4 so far (still waiting on UA). Want to try for a Jetblue and Delta perhaps.
Also, TTBHG did you see my message in the Delta card thread?
Also, TTBHG did you see my message in the Delta card thread?
My scores: Transunion FICO 756
Credit Karma 764
Spouse: Transunion FICO 793
Credit Karma 762
Credit Karma is an estimate of the Transunion score. To get real FICO's, go to myFICO.com. Check on www.creditboards for discount codes to myFICO.com. Note: I don't endorse that site but I have used them on occasion. It costs approx $20/bureau to get FICO's before discount codes. They aren't able to give you Experian scores, one has to buy Experian's "Vantage" score (different scale) to get a score. I do get my approx FICO from Chase for having certain accounts.
Bottom line: Credit Karma is an approximation of FICO. There are many different versions of FICO's. (auto enhanced, credit card enhanced, etc)
#24
Join Date: Apr 2010
Location: ORD
Programs: Hyatt Diamond,IHG Platinum, HH Gold, OZ Diamond (*G), AA Plat, AS MVP Gold
Posts: 85
Did you apply CO first then UA? then this pending probably because of CO application. I heard about it from Chase CSR if somebody apply two cards within 30days second one usually denied. However, I saw many people eventually get approved by calling. So good luck~
#25




Join Date: Jun 2010
Location: Minneapolis, MN
Posts: 481
I applied for CO first, was instantly approved. Then applied for UA 4 days later. Looks like they pulled by Experian report which has a score of 747. If I am denied, I should just call them and possibly move around some credit limit or what would you suggest?
#26




Join Date: Jun 2010
Location: Minneapolis, MN
Posts: 481
Hmm, very odd problem with my credit score. Just took out a trial of Experian and Equifax services that report credit scores. The Experian free trial says my credit score is 747. However, the Equifax score report (which has all 3) says my Experian score is 690!!! :O Anyone know what would cause this to happen. Both reports made on same day.
#27
Join Date: Oct 2009
Location: Land of the parrots and parrotheads
Programs: Several dozen
Posts: 4,820
No, be selective and cherry pick offers. Card issuers at that rate rate might waste your time issuing you a second tier card instead of the first tier one whose bonus you are chasing. Send tier cards are a waste of credit pulls and often have no bonus.
#28




Join Date: Aug 2010
Location: ORD
Programs: AA EXP >3 Million miles,HH Lifetime Diamond
Posts: 3,437
Hmm, very odd problem with my credit score. Just took out a trial of Experian and Equifax services that report credit scores. The Experian free trial says my credit score is 747. However, the Equifax score report (which has all 3) says my Experian score is 690!!! :O Anyone know what would cause this to happen. Both reports made on same day.
To make things more complicated, credit issuers can deny for credit reasons, like score or deliq reasons or for policy reasons such as they only allow for x number of cards per person. In the latter case, those checks are usually performed prior to a bureau request, so there is no cost to the company and no impact to the score of the applicant.
Your specific question about how this could happen is because even though it is the same day, each service may be using data that is not identical and score algorithms that are not identical. And if you apply for credit even on that same day, the score and data used to make that decision will not be identical to what is used in the report, and it will be difficult to match it to the information you are seeing. It is a fluid system that is constantly taking in information from many sources, managed separately and independently by the three bureaus.
I would request your free credit reporton from one bureau now, wait a few months and get one from another bureau, and review it to ensure that everything is accurate.
#29


Join Date: Sep 2001
Location: Hyderabad
Posts: 4,843
No - but I would recommend getting 6 or more cards on the same day as long as your credit scores can take it. By spreading the apps out over 2 weeks, you are only lowering the chances that you'll get the last cards for which you apply.
#30


Join Date: Sep 2001
Location: Hyderabad
Posts: 4,843
The inquiry will probably cost anyone at least a few points, but the new card can actually increase one's score due to a drop in utilization.

