Credit Card Center Advertiser Disclosure

Reply
Member
Posts: 13
Registered: ‎07-18-2017

Should I apply for the AmEx PRG?

Hello!

 

Please go easy on me, since I'm new here 😅 although I've been lurking for a while.

 

Anyway, here's my FICO Score 8's:

 

EQ: 761

TU: 752
EX: 764

 

I have one charge off that I paid off in May 2015, and I've had one secured card from USAA with a CL of $1000. Income after taxes is $120K

 

I'm pre-approved via the AmEx site for the PRG, Blue Cash Everyday Card, Blue Preferred Everyday Card, and the AmEx Everyday Card.

 

I applied for the Blue Cash Everyday Card last month, and declined the application going through because I didn't want them to mail the credit card to the address I posted on my application (I'm not in the country at the moment). Still got the hard pull from it though. 

 

I travel frequently (I spend about 5-6 weeks in the US per year) so I figured the PRG would be best for me.

 

Should I go ahead and apply for the PRG? (using an updated address of course)

 

Also, what more will it take for me to qualify for the AmEx platinum card? CreditKarma says approval rating is "very good", but I know that that's not too reliable, figured I'd ask others before blindly applying sometime in the future

Frequent Contributor
Posts: 408
Registered: ‎07-03-2017
0 Kudos

Re: Should I apply for the AmEx PRG?

You have better scores than me when AMEX sent me a reservation to aplly for the Platinum, so go for it.

Other stats when I got the Platinum include, Optima Platinum since 1998, and no balance on existing CCs. I only had 2 up to end of June.

Gardening Through 01/31/18
Established Contributor
Posts: 604
Registered: ‎05-09-2016
0 Kudos

Re: Should I apply for the AmEx PRG?

You have great score and dont rely on Credit Karma, they get paid when you apply for their clients cards. Really underwritting for all their charge cards are the same. Its rather, do you want to pay for gold or platinum. Both cards have nice perks.

Regular Contributor
Posts: 195
Registered: ‎01-01-2017
0 Kudos

Re: Should I apply for the AmEx PRG?

You look like you're already in incredible shape for the Amex Platinum, which might give you a lot of perks during your travels. I'd also look into the Chase Sapphire Reserve, since it provides a lot of protections and one of my favorite things about it is that it provides primary domestic rental car insurance which is less common among credit cards these days.

Member
Posts: 13
Registered: ‎07-18-2017
0 Kudos

Re: Should I apply for the AmEx PRG?

are you sure that I'm in running to apply for an Amex Platinum, even though I have a derogatory mark on my credit account, and I've only had my secured card for two years? 

Frequent Contributor
Posts: 272
Registered: ‎02-13-2016
0 Kudos

Re: Should I apply for the AmEx PRG?

Go to AmEx and complete their Pre-qualify page. I think you will be pleasantly surprised!

Regular Contributor
Posts: 156
Registered: ‎07-27-2016
0 Kudos

Re: Should I apply for the AmEx PRG?

I got an Amex Platinum with scores in the low 600s last year. The PRG is a great card - go for it!
Current scores high 600s on EX/EQ/TU.

Amex Platinum NPSL - NFCU Platinum $17,900 - Chase Ritz $14,000 - PenFed Promise $5000 - Synchrony PayPal MC $5000 - Barclay AA $4000 - Merrick Bank $2400 - USAA Amex $2000 - Local CU Visa Classic $1600 - Cap 1 $1650 - Amex Delta Gold $1000 - Chase Freedom Unlimited $500 + several store cards.
Member
Posts: 13
Registered: ‎07-18-2017
0 Kudos

Re: Should I apply for the AmEx PRG?

just to clarify: I haven't been pre-approved for the Amex Platinum.. just the PDG

Regular Contributor
Posts: 149
Registered: ‎06-08-2017
0 Kudos

Re: Should I apply for the AmEx PRG?


bumboclawt wrote:

just to clarify: I haven't been pre-approved for the Amex Platinum.. just the PDG


if you pre-approved for the PRG, you'd likely be approved for the Platinum as well. Just be aware the $550 annual fee for the Platinum is due on the first statement.

Member
Posts: 13
Registered: ‎07-18-2017
0 Kudos

Re: Should I apply for the AmEx PRG?

Thanks for all of the advice.. I think I'll send in my application in on the first of September for the Platinum card then! (don't have any travel plans until November)

I was over here thinking that I needed at least a 5 year credit history as well as credit scores in the 800's to be in the running for an Amex Platinum

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.