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Frequent Contributor
Meltdownblitz
Posts: 374
Registered: ‎06-01-2011

Advice on apping

I was considering apping for BCP. I have currently 4 new accounts in the last 6 months. Only 2 INQ in the last 6 months on EX. And also opened a Amex zync back in June, therefore almost had it for 6 months of perfect payment history and ran a lot of money through it.  No baddies, FICO is around 720. What do you think my chances are of getting approved? Opinions appreciated thanks.
 
Frequent Contributor
jasimae
Posts: 311
Registered: ‎07-18-2011

Re: Advice on apping

I'd say your chances of getting approved are good, but the question is...do you really need another card?

Established Contributor
fusioncredit
Posts: 614
Registered: ‎10-23-2011

Re: Advice on apping


Meltdownblitz wrote:
I was considering apping for BCP. I have currently 4 new accounts in the last 6 months. Only 2 INQ in the last 6 months on EX. And also opened a Amex zync back in June, therefore almost had it for 6 months of perfect payment history and ran a lot of money through it.  No baddies, FICO is around 720. What do you think my chances are of getting approved? Opinions appreciated thanks.


What is BCP? Sorry for not knowing :smileyindifferent: BTW congratulations on the approvals!


Starting Score: EQ 686 10/18/11, TU 689 10/25/11, EX 685 10/11 (Amex Pull)....these are all FICO scores
Current Score: EQ 702 10/24/11, TU 689, EX 685
Goal Score: 750+

Score Update: EQ: 743 (02/03/12) TU: 741 (Walmart 01/11/12), now 761 as of 01/27/12 (Walmart), EX: 741 (Amex 01/04/12)
Take the FICO Fitness Challenge

Valued Contributor
ptr2593
Posts: 1,486
Registered: ‎08-14-2011

Re: Advice on apping


fusioncredit wrote:

Meltdownblitz wrote:
I was considering apping for BCP. I have currently 4 new accounts in the last 6 months. Only 2 INQ in the last 6 months on EX. And also opened a Amex zync back in June, therefore almost had it for 6 months of perfect payment history and ran a lot of money through it.  No baddies, FICO is around 720. What do you think my chances are of getting approved? Opinions appreciated thanks.


What is BCP? Sorry for not knowing :smileyindifferent: BTW congratulations on the approvals!



BCP is Blue Cash Preferred.

 

I've been considering apping for BCE.  Like you I have 2 inquiries in the last 6 months and both were EX and  I also opened an AMEX (my first) back in June.  My EX in July was 725.  I'm still hesitant to app for BCE because I'm trying to have only 1 more inquiry in 2011 and I don't want to waste it on a rejection.  I don't know if I'm being overly careful, but that's where I'm at.

In My Wallet:
AMEX BCE, Citi Forward, Chase Freedom

In My Sockdrawer:
AMEX Clear, Citi Platinum Select, US Bank Platinum, J.Crew
Frequent Contributor
aamex
Posts: 283
Registered: ‎04-28-2011

Re: Advice on apping

Im going to say just by going off of the sole fact that you said you have four new accounts that you will get declined for that and potentially not having a long enough history with Amex... The latter is probably an easy recon but the former.. Not so much. Best wishes though !
Wallet: Fidelity Investment Rewards | BOA Travel Rewards | Chase Sapphire Preferred | Discover More
Valued Contributor
ptr2593
Posts: 1,486
Registered: ‎08-14-2011

Re: Advice on apping

FWIW, I requested a CLI (2x my CL) 30 days into my AMEX cardholder-ship and was denied.  That's another contributing factor to my hesitance to app BCE now.

In My Wallet:
AMEX BCE, Citi Forward, Chase Freedom

In My Sockdrawer:
AMEX Clear, Citi Platinum Select, US Bank Platinum, J.Crew
Contributor
Ms-Kato
Posts: 472
Registered: ‎10-22-2011

Re: Advice on apping


fusioncredit wrote:

Meltdownblitz wrote:
I was considering apping for BCP. I have currently 4 new accounts in the last 6 months. Only 2 INQ in the last 6 months on EX. And also opened a Amex zync back in June, therefore almost had it for 6 months of perfect payment history and ran a lot of money through it.  No baddies, FICO is around 720. What do you think my chances are of getting approved? Opinions appreciated thanks.


What is BCP? Sorry for not knowing :smileyindifferent: BTW congratulations on the approvals!


Yes it's the AMEX Blue Cash Preferred ..the one they denied me.

 

It has the best rewards !

 


 

Welcome to Cardmembership.

Make purchases that total $1,000 or more within your first 3 months of membership and you'll receive a $150 Welcome Bonus

Earn unlimited cash back on your purchases.

Earn unlimited cash back - 6% cash back at supermarkets, 3% cash back at gas stations and department stores, and 1% back everywhere else. Cash back will be awarded in the form of Reward Dollars. Redeem Reward Dollars for cash back, or choose from gift cards or merchandise.2

It pays to refer a friend.

Earn a $75 Referral Bonus3 with the new Blue Cash Preferred for each friend or family member who is approved for the Card, so be sure to tell everyone you know about the great cash back rewards they can earn when they sign up.

You can earn 75 Reward Dollars for each new Blue Cash PreferredSM Card account you refer. .
Annual fee pays for itself.

With 6% cash back at supermarkets, if you spend just $25 weekly at your supermarket, you can receive over $75 cash back from these purchases alone.

Valued Contributor
tntexans72
Posts: 1,071
Registered: ‎04-24-2008

Re: Advice on apping


ptr2593 wrote:

FWIW, I requested a CLI (2x my CL) 30 days into my AMEX cardholder-ship and was denied.  That's another contributing factor to my hesitance to app BCE now.



You need to wait 61 days and are allow to request 3x your current CL.

Valued Contributor
ptr2593
Posts: 1,486
Registered: ‎08-14-2011

Re: Advice on apping


tntexans72 wrote:

ptr2593 wrote:

FWIW, I requested a CLI (2x my CL) 30 days into my AMEX cardholder-ship and was denied.  That's another contributing factor to my hesitance to app BCE now.



You need to wait 61 days and are allow to request 3x your current CL.



So since I already tried once for a CLI do I have to wait 61 days from my denial?  Or still 61 days of card membership?

In My Wallet:
AMEX BCE, Citi Forward, Chase Freedom

In My Sockdrawer:
AMEX Clear, Citi Platinum Select, US Bank Platinum, J.Crew
Frequent Contributor
Meltdownblitz
Posts: 374
Registered: ‎06-01-2011

Re: Advice on apping

[ Edited ]
Yes it is the blue cash preferred and I want it because it has awesome rewards. I think I might wait until December because that would give me 6 months with having my Amex zync and would probably give me a better chance of getting the bcp. But I do want to app for it soon. I saw on the credit pulls database that quite a few people with scores even below 700 have been getting approved. So I wonder... Guess I won't know till I app. Is Amex new account sensitive? Because as I said, I have very few inqs on ex, which I know they'll like.
 

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