What are my SimplyCash Plus Business approval chances?

[tiger61]

I had several collections in past 3 years. I made adreements with all credit cards and now I am just improving history. My FICO score is around 610. CreditWise and Credit Karma scores are about 720. Yes there 110 points different.

I just received an Amex SimplyCash Plus Business card offer for my Sole Properietor company. My company is 2 years old but I almost did nothing with it.

My question; what are approval chances, should I apply?

Thank you in advance...

[Anonymous]

Is it a pre approval you received?

I got this card with a 675 score 6k SL

If you have a preapproval probably start you at 1-2k

[Creditplz]

They send me mailers all the time but I think it's just advertisement.. with your scores I'd hold off, Credit Karma and Creditwise are useless nobody will use those scores.

[Anonymous]

Creditplz - Some creditors use those scores, though it may not be the 90% that FICO boasts some do use Vantage scores. Likely not any big banks or creditors, but some here and there do use them (probably like 1-2% of creditors).

And there's mailers for Business Credit Cards??

[Creditplz]

Never heard of a bank pulling CK scores.. can you name some? I'm curious

And yeah I get about 10 from US Bank and 4 from Amex monthly sometimes with set APR sometimes with a generic variable rate

[CreditUnionFan]

Do you have any other relationship with American Express? A FICO score of 510 is probably a bit on the lower side for approval. 

There's not a large harm in trying, unless you try repeatedly. If you decide to pull the trigger, let us know what the results are.