How does Amex feel about recently opened accounts?

peepers · ‎05-23-2014

So end of July, I can close my Amex Optima rebuilder (have to have for 1 year) and apply for a couple of regular Amex cards (and get backdating to 1999!). I opened my Navy Fed card in January 2014 and the Discover in April 2014. In August is when I will apply for the Amex's. Will these 2 fairly new/recently opened accounts hinder me? Not sure how Amex looks at that. Thanks!

AMEX Green charge NPSL | NFCU Cashrewards Visa Sig $25,000 | NFCU Navcheck $15,000 | AMEX Everyday $15,000 | Discover IT $19,000 | Amex BCP $18,000 | Cap1 Quicksilver $5000 | Firestone $2,400 I Amex Oasis Optima (recovery card) $500 (closed July 2014)
MyFICO: TU 780, EQ 785 EX 776 Discover TU FICO 780. Rebuilt from 500's....closed on home May 2015!

Skye12329 · ‎05-23-2014

Well if your report can handle it mainly your AAOA. And judging by the backdating portion it could. I think you will be fine.

BK7 - 2/21
Cap1 QS - 2k (4/21)
Mission Lane - 4k (11/21)
Venmo - 900 (11/21)
SavorOne - 2500 (12/21)
VentureOne - 2000 (7/22)

MoreRewards · ‎05-23-2014

I think it will work out for you. My CR showed Amex sp me like crazy & they've sending me offers for months endnotes though I had lot of new accounts. I did wait 7 months out from my last 3 cards & got approval. I think by Aug you should be fine. I believe I would have got approval sooner. 1999 back dating will work in your favor.

EQ 773 * EX 786 * TU 797

peepers · ‎05-23-2014

heck yes it will

it will (overall AAoA) help negate the 2 newer ones. I just didn't know if Amex tends to not approve when they see a couple newer accounts. Thanks!

AMEX Green charge NPSL | NFCU Cashrewards Visa Sig $25,000 | NFCU Navcheck $15,000 | AMEX Everyday $15,000 | Discover IT $19,000 | Amex BCP $18,000 | Cap1 Quicksilver $5000 | Firestone $2,400 I Amex Oasis Optima (recovery card) $500 (closed July 2014)
MyFICO: TU 780, EQ 785 EX 776 Discover TU FICO 780. Rebuilt from 500's....closed on home May 2015!

Involver · ‎05-23-2014

Amex approved me with 4 new accounts within the six months prior to apping. I've had new accounts since and they still were happy to give me a 3X 61 day CLI.

peepers · ‎05-23-2014

excellent. Thanks everyone!

AMEX Green charge NPSL | NFCU Cashrewards Visa Sig $25,000 | NFCU Navcheck $15,000 | AMEX Everyday $15,000 | Discover IT $19,000 | Amex BCP $18,000 | Cap1 Quicksilver $5000 | Firestone $2,400 I Amex Oasis Optima (recovery card) $500 (closed July 2014)
MyFICO: TU 780, EQ 785 EX 776 Discover TU FICO 780. Rebuilt from 500's....closed on home May 2015!