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Gut said "go for it", and I got approved for my first Amex, a BCP!

Valued Member

Gut said "go for it", and I got approved for my first Amex, a BCP!

I'm kinda surprised.

 

My experian report shows 1 6-year old collection, 1 30-day late payment, and utilization on 2 store cards of about 90%, on my 9 month old discover of 50%.

 

But I have a bank account, retirement accounts, and income that is over $100K.

 

 

Approved for BCP with CL of $10K.

Message 1 of 19
18 REPLIES
Frequent Contributor

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Wowzah! What are your scores?

Amex Platinum - Amex BCP - Chase Freedom - NFCU Platinum -
Message 2 of 19
Senior Contributor

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Omg! Lol I bet you have mortgage/installment history huh?
Congrats!
Amex still scares me!
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
Message 3 of 19
Valued Member

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

My history is this:

 

Car loan for last 3 years (started at $35K).

 

Student loans opened in 2005, payments started in 2009.

 

Mortgage for last 1.5 years.

 

Sears card 15 years old (currently at 80% UT, CL reported at $2,950, just upped to $4,350)

Sears card+ 9 mo old (currently at 90% UT, CL $5,500)

JCP card 14 years old (UT < 10%, CL $2,500)

Kohls card 1 year old (UT < 20%, CL $1,500))

Discover card 9 mo old (currently at 40% UT, $4,000 CL reported, just upped to $7,500)

 

And 1 old chase card, opened in 1997, closed about 5 years, paying down balance, only owe $1,500 on it, 3 late payments (30-day) one each in 2009, 2008, 2007.  Also have a couple of old 60 and 120 day that are 6 years old.

 

Also have 1 old collection on experian, drops off in november.

 

Experian Fako:  680

Equifax Fico:  693

Transunion Fico:  673 (still shows 2 collections that havent fallen off yet).

Message 4 of 19
Valued Contributor

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Congrats! That is a great starting line!  Smiley Happy

Ray

** Every Card has a Job, and Every Card does its Job **
Message 5 of 19
Established Contributor

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Congrats

Message 6 of 19
Super Contributor

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Congrats !!

That's an awesome CL.



Message 7 of 19
Valued Member

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

To be fair the CSR said it was tentatively $10,000 but that it had not been finalized so it could change.

Message 8 of 19
Moderator Emeritus

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Wow!!! Congratulations, and welcome to the Amex family! Smiley Happy


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Message 9 of 19
Valued Contributor

Re: Gut said "go for it", and I got approved for my first Amex, a BCP!

Nice CL, I guess 10+ year of credit history + 100k income makes them over look a few mis-steps over the years. 

 

Congrats. 

 

 

Cards: Chase Southwest 20k & CSR 10k & CSP 10k & Freedom 6.6k & Amtrak/Freedom 4.6k, FNBO DISC 25.1k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 17k Commerce5.9k & Cash Forward 7.5k & Sams Club MC 10k, Paypal Extras MC 7.5k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5.9k, Walmart 10k, Citi Simplicity 9k, Discover IT 16k and a nice stack of store cards.
Last APP/HP 5/15/2017 Marcus Loan. 30k
Message 10 of 19