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Question By
iwantagreatcreditscore

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applying for a cc with a company when you already have a card from that company
is it okay to apply for a cc with a company when you already have a card from that company? i am listed under my husband's account, but i want to apply for my own card. should i do this?

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Top Contributor
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Not a problem.

many CC co's offer many different credit cards, I have 3 from Citibank, 2 from BofA and 2 from Amex.   

Just be sure that you are in a good position when you apply.  

Score of 640 or better, no more than 20% debt ratio, no late pays with in the last 2 years, and no more than 4 hard inquiries in the last 2 years. 

meet that critieria and you should have no problem and your previous relationship with the other card should help as well. 

Good luck 

Top Contributor

Reply by
Havvkeye

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32 People Helped

Some of those requirements are not necessary.  Your credit history and history with the bank in question will most likely have a larger effect.  Do not worry if you have more than 4 hard inqueries.  Certain companies limit the number of cards you can open with them (or at all) in a given amount of time but if you don't have a bunch of credit cards you shouldn't need to worry about that.

Some banks will even let you open 2 of the same type of card under the same user!

One example of the rule above is Chase only allows 5 new cards (excluding most business cards) within the last 24 months and only 2 cards in the last 30 days.

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