Reply
Regular Contributor
Bay_Area_Joe
Posts: 243
Registered: ‎10-05-2012
0

Best time to apply for 2nd Amex

I just got my Amex green early Jan 2013, waiting for it to report for backing help on AAoA.

 

Is there any best time to make another application ? Before or after Green makes first report ?

 

I am looking at a revolver card from them.

 

Am I going to take another HP from them on EX ?  My EX has the most INQ's. and EX has been frozen since Oct.

 

Does anybody have any reports that applying through Credit Karma link gets a TU pull instead of EX ?

 

My TU has two INQ in Jan, my EQ has three in last 12 months two of them in April 2012 and one in Jun 2012.

My EX has 7 in last 12 monts, last one in Oct 2012.

 

Thank you.

 

$ 197,650 IN TOTAL CREDIT LINES.
MyFICO EQ 777 on 9/3/13 , MyFICO TU 787 on 9/3/13, MyFico EX Score 771 on 8/27/13
Pen Fed Visa 19k, Pen Fed LOC 20k, Citi Hilton Honors 15k, Chase Sapphire Preferred 19.9k, Citi MC Diamond Preferred 12.2k, Chase Marriott PR Sig Visa 12k, Chase Priority 5k, Sams Discover 20k, Amex Hilton Surpass 2k, BofA Hawaii 5k
Discover More 16.25k, Chase Southwest Visa 3.5k, Wells Fargo LOC 10k,
B of A Visa 20k, Wells Plat Visa 6.7k RC Willey 5k Discover IT 4k AMEX TE 2k
Valued Contributor
chnceit
Posts: 1,524
Registered: ‎08-17-2008
0

Re: Best time to apply for 2nd Amex

There a few members here who apply right after approval so give it a shot:smileyhappy: But they do mainly pull EX, but if denied then its a SP

 

TU pullers are Discover, GE and Barclay


$100K in Credit
Last Credit Card App: 11/16/13
Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012
0

Re: Best time to apply for 2nd Amex

Applying for both at the same time would have been ideal.  Experian tends to merge simultaneous inquiries from the same lender.

 

For max backdating, do it today.  If you don't care, wait 6 months.

Moderator
Revelate
Posts: 9,044
Registered: ‎12-30-2011
0

Re: Best time to apply for 2nd Amex

[ Edited ]

chnceit wrote:

There a few members here who apply right after approval so give it a shot:smileyhappy: But they do mainly pull EX, but if denied then its a SP

 

TU pullers are Discover, GE and Barclay


As a community we really need to stop labelling Discover as a TU puller: a check of any online database that lists credit pulls will demonstrate that's not the case as it's close to evenly split between EQ and TU.  EX is an occasional one but still a possibility (potential inaccuracies in the data could account for that), but EQ unquestionably is in use.

 

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)


Take the myFICO Fitness Challenge
Moderator
Revelate
Posts: 9,044
Registered: ‎12-30-2011
0

Re: Best time to apply for 2nd Amex

[ Edited ]

More on topic, it's been suggested that applying via CK for Amex will result in a pull on TU instead of the traditional EX.  Amex will occasionally pull a different bureau anyway so this is hard to determine until we get more data.  Whenever I do ever apply for another Amex will try via CK just to see as there's virtually no chance TU would be picked as an alternate bureau in my case for Amex over EQ.

 

As for a second Amex application, can do it now.  There's no mandatory waiting period assuming your last application was approved and we have hundreds of forum users that have been approved for multiple Amex cards in close succession.  99.987% (or close) will be a SP if denied regardless.

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)


Take the myFICO Fitness Challenge
Valued Contributor
chnceit
Posts: 1,524
Registered: ‎08-17-2008
0

Re: Best time to apply for 2nd Amex


Revelate wrote:

chnceit wrote:

There a few members here who apply right after approval so give it a shot:smileyhappy: But they do mainly pull EX, but if denied then its a SP

 

TU pullers are Discover, GE and Barclay


As a community we really need to stop labelling Discover as a TU puller: a check of any online database that lists credit pulls will demonstrate that's not the case as it's close to evenly split between EQ and TU.  EX is an occasional one but still a possibility (potential inaccuracies in the data could account for that), but EQ unquestionably is in use.

 


OK to re-phrase that then in my experience and what Discovered pulled for me was TU :smileyhappy:


$100K in Credit
Last Credit Card App: 11/16/13

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+