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Established Contributor
kobe2012
Posts: 691
Registered: ‎03-16-2012
0

Amex APP

I have been seeing a lot of approvals since the start of the year for AMEX cards.... it makes me wonder if AMEX is more lenient at the first month of the year..... I do wanna apply for their revolver but I know it might be another denial.... has anyone gotten denied yet????


Starting Score: TU: 598 03/23/2012 EQ:607 05/24/2012 EX:607 04/26/2012 (lender pull) EX FAKO:522 03/2012
Current Score: TU(Myfico)04/2013:689 EQ(Myfico)04/2013:701 EX(AMEX pull)04/01/2013:675 (CreditSecure FAKOS) 5/14/2013 EX:726 EQ:701 TU:730 TU(Walmart):699
Barclay Rewards:5k/Cap1:$3.5k/Cap1:$2.5k/Citi TYP:2k/Freedom:$5k/Slate:3k/Marriott visa sig 5k/BCE:$1k/Zync: $500 PSL/Discover IT:$1.9k/Walmart:$8k/Chevron:$5k/Gap:$5k/Kay:$3.4kk



Valued Contributor
bs6054
Posts: 1,673
Registered: ‎11-11-2012
0

Re: Amex APP

A lot of people were waiting to maximize future backdating, so there is probably more volume than usual.  And, in general, people are more likely to post about their successful app (or success after recon) than about failures.   So I don't think you can read much into the recent flurry of approvals.

Moderator Emeritus
webhopper
Posts: 7,230
Registered: ‎09-16-2011
0

Re: Amex APP

How long have you had your Zync Card? What is your monthly Zync spend? How often do you pay your Zync Card and do you pay way before its due? If your Zync history is long, solid, with good spending, Amex could be influenced to grant you a nice CL on a BCE or other revolver....

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
Established Contributor
Exonumist
Posts: 592
Registered: ‎07-03-2012
0

Re: Amex APP

January is just a big month for apps with AMEX. I'm sure there are just as many denials as well. What card were you thinking of?


Established Contributor
kobe2012
Posts: 691
Registered: ‎03-16-2012
0

Re: Amex APP

I only opened my zync last september..... It has a hard limit of $500 so i really don't use it that much.. probably like $250 a month and pays it off before statement cuts.... I really want a BCE but I know that card is hard to get especially my credit score is so so.... I'm tempted to just try Delta gold and pc it to BCE ... I heard that if someone has a hard limit on zync, they can't apply for any amex products unless they close it..... I did try to apply for Blue last month since it's only a soft pull and the denials were because my history with amex was too new, deliquencies and history with other cards were too short......


Starting Score: TU: 598 03/23/2012 EQ:607 05/24/2012 EX:607 04/26/2012 (lender pull) EX FAKO:522 03/2012
Current Score: TU(Myfico)04/2013:689 EQ(Myfico)04/2013:701 EX(AMEX pull)04/01/2013:675 (CreditSecure FAKOS) 5/14/2013 EX:726 EQ:701 TU:730 TU(Walmart):699
Barclay Rewards:5k/Cap1:$3.5k/Cap1:$2.5k/Citi TYP:2k/Freedom:$5k/Slate:3k/Marriott visa sig 5k/BCE:$1k/Zync: $500 PSL/Discover IT:$1.9k/Walmart:$8k/Chevron:$5k/Gap:$5k/Kay:$3.4kk



New Contributor
Paperboy999
Posts: 73
Registered: ‎10-06-2012
0

Re: Amex APP

I got denied for starwood card, very upsetting. They used a soft pull from 12/15. They said my score was 654 but I have paid everything down to 0, I'm just waiting for the new balances to report. Some of them have and I'm at 696 on this site. Hopefully they'll do another soft on the 15th of this month and my until will be less than 10%
11/09 EX 564
10/12 EX 673 TU 674
1/13 TU 686
2/13 EX 701
Goal 750+
Moderator Emeritus
webhopper
Posts: 7,230
Registered: ‎09-16-2011
0

Re: Amex APP


kobe2012 wrote:

I only opened my zync last september..... It has a hard limit of $500 so i really don't use it that much.. probably like $250 a month and pays it off before statement cuts.... I really want a BCE but I know that card is hard to get especially my credit score is so so.... I'm tempted to just try Delta gold and pc it to BCE ... I heard that if someone has a hard limit on zync, they can't apply for any amex products unless they close it..... I did try to apply for Blue last month since it's only a soft pull and the denials were because my history with amex was too new, deliquencies and history with other cards were too short......


Since you've recently tried to app for a revolver and because you have the hard limit Zync... I recommend waiting until your history with Amex is longer...  I think you should wait until June. If account age is not a concern to you, I would close Zync and app for a different charge product such as green or gold. If not, just keep Zync and use it to build history... then apply around April or May  The good thing about getting your Zync is that you locked in a 2012 member date. 


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
0

Re: Amex APP

i was denied.  but it was only a soft pull. 

apped for bce. 

talked to a nice american little old lady. but you can tell she was scripted 

 

ive had my zync since august. 

but i have high util due too christmas shopping and such. about 6 inq all under a year. but over 6 months. 

Current: Discover Fico 689 9/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Established Contributor
kobe2012
Posts: 691
Registered: ‎03-16-2012
0

Re: Amex APP


webhopper wrote:

kobe2012 wrote:

I only opened my zync last september..... It has a hard limit of $500 so i really don't use it that much.. probably like $250 a month and pays it off before statement cuts.... I really want a BCE but I know that card is hard to get especially my credit score is so so.... I'm tempted to just try Delta gold and pc it to BCE ... I heard that if someone has a hard limit on zync, they can't apply for any amex products unless they close it..... I did try to apply for Blue last month since it's only a soft pull and the denials were because my history with amex was too new, deliquencies and history with other cards were too short......


Since you've recently tried to app for a revolver and because you have the hard limit Zync... I recommend waiting until your history with Amex is longer...  I think you should wait until June. If account age is not a concern to you, I would close Zync and app for a different charge product such as green or gold. If not, just keep Zync and use it to build history... then apply around April or May  The good thing about getting your Zync is that you locked in a 2012 member date. 


I would probably do that, by may or june all the new accounts would be a year old (almost of of them).... but I wonder if i can skip a charge card and just apply for a revolver....


Starting Score: TU: 598 03/23/2012 EQ:607 05/24/2012 EX:607 04/26/2012 (lender pull) EX FAKO:522 03/2012
Current Score: TU(Myfico)04/2013:689 EQ(Myfico)04/2013:701 EX(AMEX pull)04/01/2013:675 (CreditSecure FAKOS) 5/14/2013 EX:726 EQ:701 TU:730 TU(Walmart):699
Barclay Rewards:5k/Cap1:$3.5k/Cap1:$2.5k/Citi TYP:2k/Freedom:$5k/Slate:3k/Marriott visa sig 5k/BCE:$1k/Zync: $500 PSL/Discover IT:$1.9k/Walmart:$8k/Chevron:$5k/Gap:$5k/Kay:$3.4kk



Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
0

Re: Amex APP

well if youd like an update kobe. 

 

just got off the phone with new accounts 

listed many reasons for denial but glad it was a soft pull. 

 

ex score said was 721!!! woot. lol(surprised with my high balances LOL)

 

number of new accounts 

too many inquries in the past 12 months( 6 for fico purpose) 

credit balance vs limit too high (20%)

installment loan balance to loan amount too high(got my car in august so yeah!) 

and ding ding ding 

Not an established customer of amex (yes he actually said that) 

got my zync august 30th so i guess 

oh well off too the garden until september. 

Current: Discover Fico 689 9/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000

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