Author Topic: new to the game  (Read 5941 times)

Offline myb821

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2011
  • Posts: 7570
  • Total likes: 28
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
new to the game
« on: March 22, 2011, 01:17:57 AM »
im new to the game was wondering what were the best cards to sign up for right now? also how many cards do ppl sign up for lets say in a 6 month time period? and how much does a hard pull affect ur credit?
thank you in advance

Offline myb821

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2011
  • Posts: 7570
  • Total likes: 28
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
Re: new to the game
« Reply #1 on: March 22, 2011, 01:19:31 AM »
to add more info the only card i have right now is the amex gold which i got like 6 months ago with thr 25k offer

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 30533
  • Total likes: 7829
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: new to the game
« Reply #2 on: March 22, 2011, 01:45:45 AM »
to add more info the only card i have right now is the amex gold which i got like 6 months ago with thr 25k offer

Amex Platinum.
Citi Aadvantage (3 applications) 75/100k offer. Read the thread and use the 3-browser method.
Chase Continental 55k + $50 statement credit (30k + $50 and a Match to the 50k offer for another 25k).
And possibly the Cap1 venture card (if you have excellent credit) and 100k in a mileage account to get matched.
100% of Likes will be donated to support our brothers and sisters in Eretz Yisrael

Offline myb821

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2011
  • Posts: 7570
  • Total likes: 28
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
Re: new to the game
« Reply #3 on: March 22, 2011, 01:55:37 AM »
Amex Platinum.
Citi Aadvantage (3 applications) 75/100k offer. Read the thread and use the 3-browser method.
Chase Continental 55k + $50 statement credit (30k + $50 and a Match to the 50k offer for another 25k).
And possibly the Cap1 venture card (if you have excellent credit) and 100k in a mileage account to get matched.
and applying to 5 dif cards at once wont tank my credit

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 30533
  • Total likes: 7829
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: new to the game
« Reply #4 on: March 22, 2011, 02:02:53 AM »
and applying to 5 dif cards at once wont tank my credit

Not recommended to sign up for all at once, just giving you some ideas.

The card issuers look at more than just your score when evaluating you for credit, one thing they look at is recent inquiries, so those would hurt you even with a stellar score. I'd guess each hard pull hits your score between 4 and 10 points. Another thing to remember is that most applications only hit one of your credit reports at the three credit bureaus.
100% of Likes will be donated to support our brothers and sisters in Eretz Yisrael

Offline myb821

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2011
  • Posts: 7570
  • Total likes: 28
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
Re: new to the game
« Reply #5 on: March 22, 2011, 02:09:23 AM »
Not recommended to sign up for all at once, just giving you some ideas.

The card issuers look at more than just your score when evaluating you for credit, one thing they look at is recent inquiries, so those would hurt you even with a stellar score. I'd guess each hard pull hits your score between 4 and 10 points. Another thing to remember is that most applications only hit one of your credit reports at the three credit bureaus.
does the three browser method mean only one credit pull for sure?

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 30533
  • Total likes: 7829
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: new to the game
« Reply #6 on: March 22, 2011, 02:50:45 AM »
does the three browser method mean only one credit pull for sure?

With Citi, that's how it's been thus far. Just make sure to hit submit (the second one, confirming the data) in all three browsers at the same time.
100% of Likes will be donated to support our brothers and sisters in Eretz Yisrael

Offline HSS

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Jul 2009
  • Posts: 744
  • Total likes: 7
  • DansDeals.com Hat Tips 2
  • Gender: Male
    • View Profile
  • Location: Queens, NY
  • Programs: SPG Platinum, Priority Club Platinum, Hyatt Platinum, BMI Silver, Avis Preferred, Hertz #1 Club Gold
Re: new to the game
« Reply #7 on: March 22, 2011, 05:11:05 AM »
Amex Platinum.
Citi Aadvantage (3 applications) 75/100k offer. Read the thread and use the 3-browser method.
Chase Continental 55k + $50 statement credit (30k + $50 and a Match to the 50k offer for another 25k).
And possibly the Cap1 venture card (if you have excellent credit) and 100k in a mileage account to get matched.
+1

Offline myb821

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2011
  • Posts: 7570
  • Total likes: 28
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
Re: new to the game
« Reply #8 on: March 22, 2011, 08:27:57 AM »
Amex Platinum.
Citi Aadvantage (3 applications) 75/100k offer. Read the thread and use the 3-browser method.
Chase Continental 55k + $50 statement credit (30k + $50 and a Match to the 50k offer for another 25k).
And possibly the Cap1 venture card (if you have excellent credit) and 100k in a mileage account to get matched.
Sorry but which 3 r u referring to from citi the 75k personal the 50/100k personal and what else? A business card?

Offline myb821

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2011
  • Posts: 7570
  • Total likes: 28
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
Re: new to the game
« Reply #9 on: March 22, 2011, 10:19:45 AM »
also what about spg?

Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Diamond Elite
  • **********
  • Join Date: May 2008
  • Posts: 67598
  • Total likes: 16909
  • DansDeals.com Hat Tips 16442
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA GS, AA EXP, DL Dirt, Hyatt Glob, Fairmont Lifetime Plat, DD Diamond, Blocked By @NeriaKraus
« Last Edit: March 22, 2011, 10:35:31 AM by Dan »
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.


Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Diamond Elite
  • **********
  • Join Date: May 2008
  • Posts: 67598
  • Total likes: 16909
  • DansDeals.com Hat Tips 16442
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA GS, AA EXP, DL Dirt, Hyatt Glob, Fairmont Lifetime Plat, DD Diamond, Blocked By @NeriaKraus
Re: new to the game
« Reply #12 on: March 22, 2011, 10:42:21 AM »
first off thanks to everyone for all their help especially u dan
second how many do u recommend applying for at once or in a certain time frame?
There are many churning strategies.
1 strategy would be to pick 2 or 3 cards from each bank and apply for those cards simultaneously from different browsers (IE/FF/Chrome).  Apply for all the cards on the same day before all those inquiries hit your report and then take a break from applications for a little while.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline myb821

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2011
  • Posts: 7570
  • Total likes: 28
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
Re: new to the game
« Reply #13 on: March 22, 2011, 11:13:37 AM »
There are many churning strategies.
1 strategy would be to pick 2 or 3 cards from each bank and apply for those cards simultaneously from different browsers (IE/FF/Chrome).  Apply for all the cards on the same day before all those inquiries hit your report and then take a break from applications for a little while.
Will applying for a few at same time only come up as 1 hard pull?


Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 30533
  • Total likes: 7829
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: new to the game
« Reply #14 on: March 22, 2011, 11:22:27 AM »
Will applying for a few at same time only come up as 1 hard pull?

With Citi we know that to be the case, with other issuers we're not sure.

Please read the forums, you'll learn much much more than you can possible ask and answer in this thread. There's a thread (at least 1) for practically each of the cards Dan linked you to in his post above.
100% of Likes will be donated to support our brothers and sisters in Eretz Yisrael

Offline myb821

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2011
  • Posts: 7570
  • Total likes: 28
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
Re: new to the game
« Reply #15 on: March 22, 2011, 11:30:02 AM »
With Citi we know that to be the case, with other issuers we're not sure.

Please read the forums, you'll learn much much more than you can possible ask and answer in this thread. There's a thread (at least 1) for practically each of the cards Dan linked you to in his post above.

will do thank you so much for everything

Offline kivabb

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Mar 2010
  • Posts: 747
  • Total likes: 84
  • DansDeals.com Hat Tips 0
    • View Profile
Re: new to the game
« Reply #16 on: March 22, 2011, 11:51:44 AM »
Apply for all the cards on the same day before all those inquiries hit your report and then take a break from applications for a little while.

So when Chase pulls my report, it won't show that I applied for 2 Citibanks a few hours earlier? Is same day safe or should I try to squeeze them together withing the hour (or two)?

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 30533
  • Total likes: 7829
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: new to the game
« Reply #17 on: March 22, 2011, 12:32:04 PM »
So when Chase pulls my report, it won't show that I applied for 2 Citibanks a few hours earlier? Is same day safe or should I try to squeeze them together withing the hour (or two)?

Within 10 minutes of eachother, why not?
100% of Likes will be donated to support our brothers and sisters in Eretz Yisrael

Offline kivabb

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Mar 2010
  • Posts: 747
  • Total likes: 84
  • DansDeals.com Hat Tips 0
    • View Profile
Re: new to the game
« Reply #18 on: March 22, 2011, 12:45:59 PM »
Within 10 minutes of eachother, why not?

Dan seemed to imply a have a whole day. That sounds less stressful then 10 minutes.

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 30533
  • Total likes: 7829
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: new to the game
« Reply #19 on: March 22, 2011, 01:44:04 PM »
Dan seemed to imply a have a whole day. That sounds less stressful then 10 minutes.

The idea is to try to get them all in as soon as (reasonably) possible, to improve the chances of the inquiries not showing.
100% of Likes will be donated to support our brothers and sisters in Eretz Yisrael