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Regular Contributor
Dishpro
Posts: 116
Registered: ‎06-10-2012

How are app spree's viewed by AMEX

I am a brand new AMEX green member NPSL. I have several store cards and as far as CC's it's only Chase Freedom $400 CL 6 yrs and Orchard $300 CL for 1 yr now. I feel that now that my scores are getting good that I need some good to signature cards to help my revolving acct.'s. But which cards can I count on that will give me 2k CL's and how will AMEX FEEL about the timing of this mini spree. Please someone help me with strategy. PLEASE....
 

Starting Score:
585
Current Score: FICO TU 725 FICO EQ 735 EX 754
Goal Score: 850


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Valued Contributor
creditnocash
Posts: 2,185
Registered: ‎07-23-2012

Re: How are app spree's viewed by AMEX

im not sure on how to answer this since im not an amex user yet. 

but are you saying you've had a chase freedom for 2 years and they never upped your limit from 400? 

Current: Discover Fico 689 7/14 Walmart Fico 682 7/14

Inquiries (24 Months): EQ 8 TU 5 EX 5 | Most Recent: 09/04/2013
2 Inquiries in The Last 12 Months


2014 Goals:
Lower Utility

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Valued Contributor
Crashem
Posts: 3,098
Registered: ‎01-26-2012

Re: How are app spree's viewed by AMEX

Be hard to move to 2k from your current cl.  I would recommend holding off app for a 3 months.  App for Amex revolver then.  Amex has great cli policies.

               LIMITS IN CARD DESCRIPTIONS
Regular Contributor
Dishpro
Posts: 116
Registered: ‎06-10-2012

Re: How are app spree's viewed by AMEX

I have had it for 6 years and they have upped once from $200 to $400. I want to add 1 or 2 more cards which are considered signature type that may give me 2k CL's. And I want some opinions on how AMEX will view these new cards or how they may react if any?
 

Starting Score:
585
Current Score: FICO TU 725 FICO EQ 735 EX 754
Goal Score: 850


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Valued Contributor
Crashem
Posts: 3,098
Registered: ‎01-26-2012

Re: How are app spree's viewed by AMEX

Visa signature usually means 5k.  Amex is somewhat tolerant of app sprees.

               LIMITS IN CARD DESCRIPTIONS
Valued Contributor
jamesdwi
Posts: 1,433
Registered: ‎09-16-2011

Re: How are app spree's viewed by AMEX


Dishpro wrote:
I have had it for 6 years and they have upped once from $200 to $400. I want to add 1 or 2 more cards which are considered signature type that may give me 2k CL's. And I want some opinions on how AMEX will view these new cards or how they may react if any?

Even with your 724 score It will be  hard to get a signature card, most creditors base the CL they give you on the CL's you currently have. If they see a 400 CL the computer may give you  500 and think they are doing your a favor  20% higher than your current limit. Most creditors want some exprerience with higher credit limit (at least 3-4k) before they drop a 5k limit on you. Start by calling up chase and requesting a CLI, even if its a HP it will pay off with higher limits on other cards you are approved for. After your new limit on the Chase card reports app for an AMEX revolver you could do it sooner but it would be better after the CLI, if your income supports charge more heavily on your green card and pay off so AMEX see's you can handle a higher limit. 

Cards: Chase Southwest 20k & CSP 10k & Amtrak 4.6k, & Freedom 3.3k & Slate 3.3k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & AMEX Hilton Surpass 7.5k & AMEX Zync NPSL, Sams Club Discover 10k, Paypal Extras MC 6k, CapOne 2.5k, CapOne 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.
Mega Contributor
Creditaddict
Posts: 18,832
Registered: ‎10-23-2007

Re: How are app spree's viewed by AMEX

Try Citi Forward

Barlcay Apple - call back door even if instant approval and ask for more, they are only open till 5 or 6 eastern but they are fab and they will ask questions once verified... it's simple.

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Super Contributor
CS800
Posts: 6,548
Registered: ‎04-07-2008

Re: How are app spree's viewed by AMEX

FRom my personal experience, they are sensitive to inqs.  Again YMMV




Valued Member
Cranski
Posts: 94
Registered: ‎07-21-2012

Re: How are app spree's viewed by AMEX


Dishpro wrote:
I am a brand new AMEX green member NPSL. I have several store cards and as far as CC's it's only Chase Freedom $400 CL 6 yrs and Orchard $300 CL for 1 yr now. I feel that now that my scores are getting good that I need some good to signature cards to help my revolving acct.'s. But which cards can I count on that will give me 2k CL's and how will AMEX FEEL about the timing of this mini spree. Please someone help me with strategy. PLEASE....

Just and FYI. You should use a secure browser when applying or completly clean. They know you asked this question since they track you with inhouse and third party cookies. Also the app process verifies all open browsing during applying claiming to be only looking for 6 of there partner sites to see if they are currently 'in use'...

 

I don't like amex anymore after I saw the disclosure after applying. That and the denial :smileyhappy:

 

CS 701, CK 682, Credit.com 719/ TU FICO 666 (DIS 8/12) EU FICO 658 (8/12)
After spree CS 738, CK 684, TU FICO 666 (Dis 8/5)

WF Secured 600Cl (7/11), Discover More 1.5k (8/12), Walmart 150CL(8/12), Cap1 Platinum w/Credit steps($300) (8/12)
Valued Contributor
Repo-ed
Posts: 2,953
Registered: ‎02-09-2012

Re: How are app spree's viewed by AMEX

I've not read a thread about Amex closing accounts due to INQ. 

 

I've read 100 about Barclays closing accounts due to INQ.


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