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January, 2025

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Credit card help?

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cubber
Posts: 1933 - Karma: 638
I have only one credit card, a maxed out wells fargo card with a 1200 limit, i've always made my payments on time and in full but I always manage to keep it maxed, but i have a good credit score (720)

Now i'm trying to get another card with a 0% intro APR so i can pay off my WF card, and won't get raped til summer when i'll actually be making money, but i keep getting declined by everyone because my available/used credit ratio is too much for them to handle.

should I open a low limit card so i'll have more open lines, then they might accept me, or something? any suggestions?
Feb 13 2011 3:14PM
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Rachy
Posts: 4355 - Karma: 2,761
The more you apply for the more you will get denied for. Every time you apply, it counts as a hard credit check. You really don't want more than 1 of these a year.

My suggestion is to wait for an offer in the mail with 0%apr and accept that. Then at least you know you are preapproved.

Another option, if you know your credit really is that good, is to get an additional bank account and get a card through the bank.


Id check out www.creditkarma.com its an entirely legit site and you can check your credit as often as you like. They are soft checks though, so they don't hurt your credit. Then you can see how many hard checks you have had and see what normal is and so forth.
Feb 13 2011 3:21PM
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cubber
Posts: 1933 - Karma: 638
I can't get any mail offers cause i'm out in Utah for the next few months, i guess i'll look into a new bank account since wells fargo sucks at life anyway
Feb 13 2011 3:23PM
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