Application advice

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KTM Guy

• October 17, 2022 15:28

I need some advice on getting another credit card

I had a Capital One card that I was happy with but the got a high rewards BOA card, a high points United Chase card, and an Amazon card

I canceled the Capital One card because I thought I was covered but have found that I miss it and would like it back

I reapplied a couple of times but was rejected for too many inquiries

What is the appropriate amount of time to wait before reapplying

Any other advice before reapplying?

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• Official comment

  

  Victor D

  • October 17, 2022 17:34

  Hi KTM guy,
  
  Thanks for reaching out to NerdWallet; I'm happy to offer some information about credit cards!
  
  While we aren't able to provide personalized financial advice, I've gathered some resources here that you may find helpful:

  • NerdWallet's Credit Card Hub - Start your credit card search with ease
  • Credit Card Recommendations Quiz - Find a credit card for your specific needs
  • How Long Should I Wait Between Credit Card Applications?

  Best Regards,

  Victor

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  CHRISTOPHER BATTISTA

  • November 02, 2022 17:04

  you should space your applications out 6 months. If you can see why you were declined, make sure that is what you address before applying for another. I love NerdWallet descriptions of requirements and approval odds based on score. Use this feature before you reapply. I've also noticed i get better approval odds and better limits if i am carrying a balance elsewhere when I apply.

  I was successful with 3 applications made the same day, to different companies because none of the information had hit my report yet. this is the most useful part of the 60 second approval ;)

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