Question

Hello again lovely group!  I only have one credit card (BofA) and I want a second credit card so I applied for Chase Freedom but it got rejected on November 20th due to "lack of credit history".Hello again lovely group! I only have one credit card (BofA) and I want a second credit card so I applied for Chase Freedom but it got rejected on November 20th due to "lack of credit history". Question is, how long should I wait before applying again? I heard 3 to 6 months but I need to be assured by your wisdom. Thanks!  

Answer 1

1. What other credit history do you have? Just a BofA? How long have you had it? 2. Do you have a purpose for having a second card? Certain point or rewards your looking to achieve? 3. When you do reapply are you planning on applying for the same card or another card?  

Comments

Hello @tali787! I appreciate your answer a lot! 1. I don't really have a credit history other than my bills in my BofA card and everyday use. 2. My purpose is to build up credit history so I can get an auto loan which I got rejected cause I don't have credit history 3. I think I won't reapply for Chase since will ask me for credit history, I think I will apply for Capital One or Discover since they're not as hard as Chase. Thank you very much!  

---

Take a look at Credit Karma; they will suggest cards that you're likely to get approved for. Every time you apply for credit, your score takes a small hit, so it helps if you aren't applying for cards that you can't get.  

---

@isidroisinglass has a point. Credit Karma would help guide you to credit cards you can use. Make sure to pay them off every month and don’t hold a balance.