@jadankert94 wrote:Someone once told me that when apping for an AMEX card they don't do hard inquiries, only soft? I didn't believe this, but they claimed they mostly based their apps on other information such as cash in bank and income. Advise please.
For new members: always hard, sometimes across multiple CRA's.
For existing members: almost always soft inquiries for CLI's, and for new application denials. The exception anecdotally is in borderline cases where multiple bureaus typically get pulled.
For existing members: always hard for any new application approval. Again sometimes across multiple CRA's.
@jadankert94 wrote:Typical bureau that is used? Experian?
That's Amex's default bureau of choice for many, but not guarunteed.