AMEX 1 HP for 2 apps?

[myjourney]

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@CS800 wrote:

She has a green AMEX already but was looking to add the Delta Gold and the BCE

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That's a different case 

for Amex customers 

SP if denied HP if approved 

EDIT when did she get the green?

[thecentury303]

I apped for AMEX Gold and AMEX BCE on the same day last month and only faced 1 HP (but triple pull though).

[traveler2005]

I apped for Gold PRG  and Delta Skymiles on 7/4/2013   two cards one hardpull on experian. Approved for both. YMMV

[Involver]

Have a question about this ...

Recently approved for a BCE ... thinking about trying to hit up the 2 for 1 but not sure whether or not the additional ding to AAoA (I've already hit it pretty hard) is worth an account that I honestly won't really use.  

I've seen various info about charge cards and FICO scoring - would adding a charge card to revolving / installment bolster the FICO scoring algorithm or are they scored the same as any other revolving account (without factoring in a CL).  If I can push my score up a little bit i'll qualify for lowest terms on a home which would definitely offset the AF I would pay on a charger.

[red259]

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@Involver wrote:

Have a question about this ...

Recently approved for a BCE ... thinking about trying to hit up the 2 for 1 but not sure whether or not the additional ding to AAoA (I've already hit it pretty hard) is worth an account that I honestly won't really use.  

I've seen various info about charge cards and FICO scoring - would adding a charge card to revolving / installment bolster the FICO scoring algorithm or are they scored the same as any other revolving account (without factoring in a CL).  If I can push my score up a little bit i'll qualify for lowest terms on a home which would definitely offset the AF I would pay on a charger.

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I don't see how a new charge card is going to increase your credit score. 

[Involver]

I wanted to know whether or not a charge card was considered a "mix of credit" i.e revolving vs installment, or if it would be scored as a revolving account.  

I'm not asking if my score will automatically increase because I get a charge card.

[red259]

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@Involver wrote:

I wanted to know whether or not a charge card was considered a "mix of credit" i.e revolving vs installment, or if it would be scored as a revolving account.  

I'm not asking if my score will automatically increase because I get a charge card.

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Depends on the scoring method being used. It would be in the revolving category I believe but with the exception of some old methods it does not factor into util. At least that is how it was explained to me. 

[Involver]

Thanks for the clarification.  

Will probably just hold off for now.

[bobbay]

@ ^^ New account could boost score if util went down and with amex it is possible that AAoA goes up depending on situation.

I was going to ask about the 2:1 HP question so I am glad I saw this raised.

I am looking to app for Costco TE and if approved PRG.  Two questions 

1. Is there an amount of time that would be too soon post Delta approval ( my first statement cuts monday) and I already hit the spend limit and was credited the 30k miles.  I posted a payment and will post a second payment to bring the reported balance to $100 for the statement cut.
2. Does it make a difference to app in person at the service desk as opposed to online.  I have read yes app in person.

I am waiting for the statement to cut to see if i get a score boost myself since adding Delta---> My util dropped to 3% due to added CL and AAoA went up 4 months in my file.  2 more AMEX accounts would push AAoA another 8mos.

[bobbay]

I think it is scored as revolving but does not affect Util because the balance does not carry forward due to PIF required.