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Regular Contributor
GoldenloveNY
Posts: 243
Registered: ‎02-29-2012
0

Amex Questions-

1) is there any income medium for Amex Gold Premier Rewards card?

2) I was approved for the ZYNC on September 19th (being preapproved for the Green and Gold), generated my first statement on October 12th,and paid my first outstanding balance of $1,059 yesterday. When can I app again for their higher charge rewards card? Don't you have to wait like 30 days between apps?

Thanks
Zync from American Express- NPSL
Amex BCE- $1,000
Discover IT- $1,500
Bank of America 1-2-3 Rewards-$1,000
Chase Freedom- $500
Capital One- $500
Regular Contributor
GoldenloveNY
Posts: 243
Registered: ‎02-29-2012
0

Re: Amex Questions-

Also, is it true that you always have a Amex account, any app denial will not be a HP?
Zync from American Express- NPSL
Amex BCE- $1,000
Discover IT- $1,500
Bank of America 1-2-3 Rewards-$1,000
Chase Freedom- $500
Capital One- $500
Frequent Contributor
scientifics
Posts: 411
Registered: ‎05-01-2010
0

Re: Amex Questions-

I believe you have to wait 30 days between apps. I would wait at least until you pay your second bill at least. And yes, it is true that for existing cardmembers, a denial is always just a SP. If you get approved, they do a HP just to double check. Just make sure you apply while logged in to your account!

Moderator
Revelate
Posts: 9,731
Registered: ‎12-30-2011
0

Re: Amex Questions-

[ Edited ]

It's 30 days if you're denied (application will be automatically cancelled); however, for approvals there's no such requirement.   I'd probably wait the extra month anyway as scientifics suggests; however, there was another thread yesterday which discussed the spend requirements to really make the PRG worthwhile; I probably need to go napkin math it out at some point as I was frankly shocked by the findings but I'd suggest taking a look at it.

 

Edit: for reference and so I don't lose it (memory failing these days), all credit to Cdnewmanpac and CreditScholar: here

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


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Regular Contributor
GoldenloveNY
Posts: 243
Registered: ‎02-29-2012
0

Re: Amex Questions-

[ Edited ]

Thanks. Yea, I think after doing the math in my annual spending habits, the PRG is just not worth it. I am not going to spend at least 30K in a year to make he PRG worthwhile. Thanks for the link Revelate!

Zync from American Express- NPSL
Amex BCE- $1,000
Discover IT- $1,500
Bank of America 1-2-3 Rewards-$1,000
Chase Freedom- $500
Capital One- $500

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