Reply
New Member
Posts: 13
Registered: ‎07-19-2013
0

American Express how long should i wait

im very new to this forums infact second post ever 

i recently got approve for discover it with a limit of 1500$  and have a kolhs credit card with a 300 limit since 4 months ago now how long should i wait

before i go for american express.

i like the american express gold card.. i always want it since i was like 14 lol :smileyhappy: but i just recently started it on the whole credit thing 

so basically i have only 4 months of credit history  total

2 cards

discover 1500$

kohls      300$

 

sorry for my bad writing 

im trying get educated it :smileyhappy:

Member
Posts: 25
Registered: ‎07-20-2013
0

Re: American Express how long should i wait

I would suggest waiting until your first card has been open for at least a year. American Express has higher requirements than other companies even if you're applying for the charge card. Show them that you can handle credit properly by doing well with your other cards.


Starting Score: 09/2012 635 EXP [myFICO]
683 EQ [myFICO] | 692 EXP [Lender] | 700 TRANS [Walmart FICO]

Current Scores are as of 08/2013: On my way to 700's. Too many Inquiries - In the GARDEN 08/2013
New Member
Posts: 13
Registered: ‎07-19-2013
0

Re: American Express how long should i wait

thanks for the advice 

i was thinking the same thing  so 1year ok  its not that long :smileysad: 

Community Leader
Senior Contributor
Posts: 27,033
Registered: ‎02-07-2013
0

Re: American Express how long should i wait


MRmarquez3417 wrote:

thanks for the advice 

i was thinking the same thing  so 1year ok  its not that long :smileysad: 


Welcome to the forum

Charge cards are not that hard to get if you don't have any baddies and can garden for 9 months showing perfect payment history I think you would have a shot at that time

+ Chase ink =




Epic Contributor
Posts: 24,746
Registered: ‎10-23-2007
0

Re: American Express how long should i wait

Id apply now... bet you get it!

 

If not, go back and get it at a full 6 months of your Kohls.

Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
90 Cards and Counting :smileytongue:
New Member
Posts: 13
Registered: ‎07-19-2013
0

Re: American Express how long should i wait

yea ill wait the 9 months to  the year  before i go for american express 

 

thanks for the advice everyone 

Community Leader
Senior Contributor
Posts: 27,033
Registered: ‎02-07-2013
0

Re: American Express how long should i wait


MRmarquez3417 wrote:

yea ill wait the 9 months to  the year  before i go for american express 

 

thanks for the advice everyone 


Wise move and good luck when you do pull the trigger on Amex

+ Chase ink =




Senior Contributor
Posts: 6,260
Registered: ‎08-16-2012
0

Re: American Express how long should i wait

I think a full six months of credit history might be okay.
Are you absolutely certain you have no other cred history?
No student loans? No AUs?
Check your report before you make any decisions.
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.