Reply
Established Member
bobkabob
Posts: 15
Registered: ‎05-09-2013

Invitations... Should I app Amex Gold? B of A?? Mini Spree?

I'm a bit new here. I've been "gardening" since November and I've been wanting an AMEX for a while. I recently got an invitation for the green charge, but I just got another invite for the Gold! Between the green and gold I would rather open the Gold. I had originally wanted the Blue Cash Everyday card.. But i think this would be a good step for me to get my foot in the door with amex. Also, I hear they only soft pull if you are an existing american express cardholder, so i could app for BCE at a later time with a soft pull only??

 

Also, I would like to app for the B of A card since I currently bank with them and they have a $100 cash back offer right now.

 

So what do you think I should do?

Is it true about the AMEX soft pull for current members?

App for the Gold and B of A?

App for gold BCE and B of A?

If all, in what order should I app?

 

Sorry, lots of questions, a bit confused, but thanks in advance!

------NPSL-----------$2500-----------$2000-----------$1800------------$2000------

Starting Score: 660 Current Scores: EX: 713 TU: 737







Community Leader
Senior Contributor
myjourney
Posts: 25,246
Registered: ‎02-07-2013

Re: Invitations... Should I app Amex Gold? B of A?? Mini Spree?


bobkabob wrote:

I'm a bit new here. I've been "gardening" since November and I've been wanting an AMEX for a while. I recently got an invitation for the green charge, but I just got another invite for the Gold! Between the green and gold I would rather open the Gold. I had originally wanted the Blue Cash Everyday card.. But i think this would be a good step for me to get my foot in the door with amex. Also, I hear they only soft pull if you are an existing american express cardholder, so i could app for BCE at a later time with a soft pull only??

 

Also, I would like to app for the B of A card since I currently bank with them and they have a $100 cash back offer right now.

 

So what do you think I should do?

Is it true about the AMEX soft pull for current members?

App for the Gold and B of A?

App for gold BCE and B of A?

If all, in what order should I app?

 

Sorry, lots of questions, a bit confused, but thanks in advance!


We need more info about your CR and scores, INQ's to help

"Intelligence plus character--that is the goal of true education"
Cap1 EO link below
http://lmgtfy.com/?q=Capital+One+CEO+email+address+#seen
Last 5 apps 6/6/13
Established Member
bobkabob
Posts: 15
Registered: ‎05-09-2013

Re: Invitations... Should I app Amex Gold? B of A?? Mini Spree?

Last pulled score was L2C 660 (from Discover letter)

 

Oldest account 7/12 Cap 1

Last opened account Discover 11/12

 

Other INQ's include Barclay Sep-Oct 2012(denied), and BofA 7/12 (denied)

------NPSL-----------$2500-----------$2000-----------$1800------------$2000------

Starting Score: 660 Current Scores: EX: 713 TU: 737







Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Invitations... Should I app Amex Gold? B of A?? Mini Spree?

I would go for the PRG.

 

If your approved, I would hold off for 6 months then go for the BCE. Your scores aren't there yet for a AMEX revolver.




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Moderator
09Lexie
Posts: 24,400
Registered: ‎09-13-2012

Re: Invitations... Should I app Amex Gold? B of A?? Mini Spree?

Agree with LS. Chances are once you pull the trigger on Amex you'll get another ding and BoA will probably be out of the question. What's your util?
Established Member
bobkabob
Posts: 15
Registered: ‎05-09-2013

Re: Invitations... Should I app Amex Gold? B of A?? Mini Spree?

Not sure how utilization is exactly figured out.. if this means how much of my balance i let post on my statement it would be 0, because I always pay in full. If this is regarding what portion of my credit line i actually use it would be about 10-15%.

------NPSL-----------$2500-----------$2000-----------$1800------------$2000------

Starting Score: 660 Current Scores: EX: 713 TU: 737







Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Invitations... Should I app Amex Gold? B of A?? Mini Spree?


bobkabob wrote:

Not sure how utilization is exactly figured out.. if this means how much of my balance i let post on my statement it would be 0, because I always pay in full. If this is regarding what portion of my credit line i actually use it would be about 10-15%.


You'll be just fine! Good luck!!!




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Community Leader
Senior Contributor
myjourney
Posts: 25,246
Registered: ‎02-07-2013

Re: Invitations... Should I app Amex Gold? B of A?? Mini Spree?


bobkabob wrote:

Last pulled score was L2C 660 (from Discover letter)

 

Oldest account 7/12 Cap 1

Last opened account Discover 11/12

 

Other INQ's include Barclay Sep-Oct 2012(denied), and BofA 7/12 (denied)


I would take PRG 

"Intelligence plus character--that is the goal of true education"
Cap1 EO link below
http://lmgtfy.com/?q=Capital+One+CEO+email+address+#seen
Last 5 apps 6/6/13
Frequent Contributor
mauwow0682
Posts: 284
Registered: ‎08-24-2010

Re: Invitations... Should I app Amex Gold? B of A?? Mini Spree?

Don't waste your time with green or regular gold. GO PRG  get your bonus and in 6 months or so try for BCE. In a year when the annual fee comes if you find that you're not spending enough to warrant keeping the PRG you can downgrade to green or gold if you still want a charge card. 


Starting Score: 620 FAKO
Current Score: FICO TU 715 (wal-mart) FICO EQ 692
Goal Score: 700


Take the FICO Fitness Challenge
Frequent Contributor
GaTech
Posts: 374
Registered: ‎02-10-2013

Re: Invitations... Should I app Amex Gold? B of A?? Mini Spree?

I agree: sign up for the PRG, then downgrade to green. Ap for the BCE card within 6 months of using your charge card.
As of 1/10/2014 EX FICO - 748. EQ FICO - 728. Trans FICO - 755

WellsFargo - $3,000 AMEX BCE - $18,000 Chase Freedom - $4,000




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
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+