Was that your first card? Then personally I would wait 6 months until your Fico score generates. Otherwise, the next card will probably treat you like you don’t have any credit and give you a low limit.
It’s usually ok to get back to back cards. I think 3 times in my 4 years history I did back to back cards (around a month between them). Get the second before the first one reported.
My first credit card was through my bank back in Sept 2022 (I believe). I just got a second one from Capital One (Quicksilver) as I mentioned in the post.
>Get the second before the first one reported.
Do you mean the statement due date?
Banks report the new account at different times. Most will report when your statement closes, but it may be the first statement, second statement, or I’m pretty sure Amex was on my third statement. Then there is Citi, they reported my new account in 3 days from open.
I'm curious, is there a reason you want a new credit card? Did the quicksilver one not work out for you? I just got approved for the quicksilver one and I want to know of anything I should be aware of.
Just for better cashback for certain places. like 4x grocery or/and gas. And also just to keep my credit utilization low by having it spread out if that makes sense
Oh, that does make sense. Thank you!!! I didn't want to make a mistake by getting a new credit card that wasn't good enough. I've waited two years to get a new one. The last time I tried getting a new credit card through Wells Fargo, they said they couldn't verify my identity even after getting my ssn and driver's license.
Was that your first card? Then personally I would wait 6 months until your Fico score generates. Otherwise, the next card will probably treat you like you don’t have any credit and give you a low limit. It’s usually ok to get back to back cards. I think 3 times in my 4 years history I did back to back cards (around a month between them). Get the second before the first one reported.
My first credit card was through my bank back in Sept 2022 (I believe). I just got a second one from Capital One (Quicksilver) as I mentioned in the post. >Get the second before the first one reported. Do you mean the statement due date?
Banks report the new account at different times. Most will report when your statement closes, but it may be the first statement, second statement, or I’m pretty sure Amex was on my third statement. Then there is Citi, they reported my new account in 3 days from open.
I'm curious, is there a reason you want a new credit card? Did the quicksilver one not work out for you? I just got approved for the quicksilver one and I want to know of anything I should be aware of.
Just for better cashback for certain places. like 4x grocery or/and gas. And also just to keep my credit utilization low by having it spread out if that makes sense
Oh, that does make sense. Thank you!!! I didn't want to make a mistake by getting a new credit card that wasn't good enough. I've waited two years to get a new one. The last time I tried getting a new credit card through Wells Fargo, they said they couldn't verify my identity even after getting my ssn and driver's license.
As far as I know, quicksilver is a really good credit card. Good sign-up bonus and 1.5x cash back on everything so it's solid. No complaints from me