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Frequent Contributor
nada9188
Posts: 251
Registered: ‎11-27-2011

Re: AMEX Inquiry WARNING!

Based of my thoughts here, a business app is completely different than your personal card. Since they would be checking the business credit as well, Im not surprised that you also had a hard pull on EX. 

 

 

Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: AMEX Inquiry WARNING!

[ Edited ]

shane82388 wrote:

I got my personal Green AMEX last august...and i was under the impression any card from the inital card you get with AMEX will simply be backdated just the same as my original Green AMEX card...so 2011, regardless of when you apply.


That's what I thought as well at first, but then I found out the month of the new application + the year of member start date is what factors in. So if you got approved now you'll only be getting 14 months of history. In January you would only be upto 17months of history on the new card.

 

If you wait until January to apply you'll be getting 24 months of history off the new card from the start.

 

 

 


nada9188 wrote:

Based of my thoughts here, a business app is completely different than your personal card. Since they would be checking the business credit as well, Im not surprised that you also had a hard pull on EX. 

 

 


This sounds reasonable, is the business under sole prioitor proprietorship or registered as an LLC? Although sometimes it doesn't matter because some cards require personal guarenttee

total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Contributor
xboxrunner
Posts: 139
Registered: ‎05-30-2011

Re: AMEX Inquiry WARNING!

I assume if your applying for a CC you should be well prepared to take a inquiry hit. As with anything a SP is never a sure thing. I would try to recon though since you took a inquiry you might as well try to get approved.


Experian (CreditSesame)- 810 (02/11/14), 761 (Citi-4/26/13), 812 (Credit.com-02/11/2014)
Equifax Fico (MyFico) Fico- 745 (7/15/11)
Transunion (Credit Karma)- 788 (02/11/14)
Vantagescore (Credit Karma)- 890 (02/11/14)
Senior Contributor
youngandcreditwrthy
Posts: 5,997
Registered: ‎08-16-2012

Re: AMEX Inquiry WARNING!

Yep... I'd say since it's a Business App; it doesn't work the same :-P
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | CSP $10k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k | Express $3.05K | Myponts.com Visa $3.5k | Freedom Visa $1k| Amex Surpass $1k
Valued Contributor
afbar1114
Posts: 2,177
Registered: ‎01-09-2012

Re: AMEX Inquiry WARNING!

i just apped for Blue cash about 2 weeks ago no INQ when i called they said it was a SP from like 2-3 months ago so only an SP no HP because i was denied. i wonder if a business app is always a HP?


In my wallet: AMEX Gold; Freedom $1.5k; CSP $5k; Chase United $5k; Discover $2k
Last HP: 4/30
Established Contributor
shane82388
Posts: 929
Registered: ‎07-16-2010

Re: AMEX Inquiry WARNING!

It's not. I've done this with no hard inquiry about 3-4 times in the past 6 months. Never a hard inquiry until now.
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