12-10-2012 07:22 AM - edited 12-10-2012 07:32 AM
I keep receiving pre-approved offers for both AMEX Gold and Discover. I'm curious if accepting these offers will cause a HP or if they've already used SP to pre-qualify me for a card. I've been in a rebuilding phase the past 2 years and added new autoloans in January 2012 and October 2012 as well as received my first new credit card in 2 years (CSP) bringing me to a total of 3 credit cards. Should I bite on the offers?
12-10-2012 07:29 AM
Yes, its a HP
12-10-2012 07:31 AM
The question is "" do you really need a new CC ???? """ and of course they will cost a HP.
12-10-2012 07:37 AM
I was planning on waiting 30 days after receiving my CSP (second week of January) to apply for a Chase Freedom to round out the trifecta and then join the garden for a year. AMEX wasn't on my radar until that point.
12-10-2012 07:37 AM - edited 12-10-2012 07:39 AM
I should probably add that it's also not a guaranteed approval.
If those cards are of use to you, you can consider apping for it. But if you are just apping because you think you have a good chance, then I wouldn't do it.
May I ask why that you apped for CSP but am getting the card in 2nd week fof January?
12-10-2012 07:40 AM
A decision made easy it seems!
12-10-2012 07:44 AM
If you have an Amex already, then wait until Jan for maximum backdating.
If you do not, then apply for it and get your foot in the door.
www.whogavemecredit.com to see where you might stand (YMMV)
12-10-2012 11:25 AM
My relationship with AMEX is what put me in a credit rebuild over the past 5 years so I'm not quite sure if I'll be joining the family until my past charge-off ages off of my reports. It was a messy situation where due to being laid off I had to go on a payment plan, banking error on the part of my employer causes check to bounce and voila, charge-off. I immediately paid the balance owed in full so I'm hoping when I do chose to apply for an AMEX again it won't hurt me too badly. Would I be eligible for back dating to when I first opened my accounts with them?
12-10-2012 11:30 AM
I activated my CSP on Saturday but want to wait a full month before applying for another Chase card.
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