My answer: Sure I do, when I can’t find a card or cards I want or, I’m shut out by the system.
Here is what I know as of today.
My last card applications were 12/10/09 for two Citicards.
They will not give me anymore for 90 days as one was a Business card.
I just got the British Airways card from Chase, so I’m shut out with them for 6 months.
My credit scores are 749 Transunion, 742 Experian and 684 Equifax. My inquiries are correspondingly 12, 11, and 14.
I’ll stay away from Equifax this cycle and get back on track with them in mid-April when I’m ready to do all three credit reporting agencies at the same time. My score is under 700. I want my scores above 700. I practice what I preach.
My credit is one of my most important assets.
For now, I’ll look for Experian and Transunion cards for South Carolina. Off to the Creditboards.com > creditpulls database I go.
Now that I’m here I plug in my state South Carolina and tick the Experian box and leave the creditor name blank. Hit search and up pops: American Express cards and Bank of America cards.
Now lets do Transunion: Up pops Barclays and an Amex card that was pulled by Transunion as the guy had frozen his Equifax account. Lets stay away for now.
So I’ve now got some candidates and will go back and now specify the lender, not tick a reporting agency, and state to see if it still matches. Yep Experian is predominate for Amerian Express and Bank of America cards and Barclays is Transunion.
Let’s go to the Frugal Travel Guy credit card database on the right hand blog column and see if there is any other creditor I want to check: Weak. We only have 25 cards in the database.
Come on folks. If this thing is gonna work, we need a bigger selection of cards. Read the December 21 st post and supply me with the info you have on cards that have good bonuses.
For now, I’ll also check the Pentagon Federal card as I’ve heard good things about their offering and they have been great to Katy and I for short term cash advances and balance transfers. No info listed for South Carolina and Pentagon Federal Credit Union.
More research required. but it looks like a Alaska Airlines business and personal card from Bank of America, the Virgin Atlantic 65K offer, or Asiana Airlines card if I can find that reward chart again.
And for my Amex card (which will be checked by Experian) I think the new Premier Rewards card.
And a Virgin America card from Barclays for a Transunion card. The Spirit Airlines card is worth 3 round trips but no Spirit near me. Airtran moved out of Savannah as well.
So there are my candidates. Now to find the best current card offers, research how I can use those awards if I do decide to apply and then off to application day.
It looks like I’ll be busy when I get home.
Citi ThankYou® Premier Card
- Annual Fee: $95 fee waived for the first year
- Foreign Fees: No
- Card Type: Bank
- Earn 50,000 bonus ThankYou Points after $3,000 in purchases within the first 3 months of account opening - redeemable for $500 in gift cards, $625 for airfare, or other great rewards.
- Earn 3X ThankYou Points on Travel including Gas, 2X ThankYou Points on Dining Out and Entertainment, and 1X ThankYou Points on Other Purchases
- ThankYou® Points are worth 25% more when redeemed for travel through thankyou.com, as compared to gift cards
- No foreign transaction fees on purchases
- Points do not expire and earn unlimited ThankYou Points
- Annual Fee: $95 (fee waived for the first 12 months)