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Established Member
boardworks
Posts: 30
Registered: ‎08-07-2011

OMG! Approved for Amex Blue w/$10k CL!

After spending the last 6 months aggressively pursuing PFD and other tactics to clean-up my credit records, I *finally* applied for my first prime CC after having only rebuilder cards from Orchard and CapitalOne -- this time, I applied for the American Express Blue Cash Preferred Rewards card.  I opted to apply via phone and spoke to a wonderful CSR named Jaime who took my app.  I was soooo nervous, palms were sweating and my heard was racing!  Jaime (CSR) was so sweet listening to my story when we were going through the app process -- and when she said "Finally, do I have your permission to submit your application" my heart stopped beating for at least 10 seconds -- and then, Jaime shouted "Hooray!  You've been approved, congratulations!"  Got the card with a 0% intro rate for 12 months and a $10k CL!

 

I can't tell you how great it feels to have built my credit back to good standing!  I LOVE myFICO Forums!  You all have done so much for me without really knowing it, but thanks to everyone who's ever posed here!

 

One question for you experts: now that I have a huge self-esteem boost, I am tempted to apply for another CC (Marriott Rewards Visa from Chase, received a pre-approved offer for 50k miles) but don't want to over do it.  Is there any risk of Amex reversing their decision if I apply for another CC, or is there a risk for my approval with Chase because of the Amex application?

 

Thanks again all!

Rebuilding my credit since 2/2007; starting scores:
TU 584 | EQ 572 | EX 591
Scores as of 7/2011:
TU 738 | EQ 707 | EX 730 (Experian PLUS Score)

Established Member
cf2701
Posts: 20
Registered: ‎05-21-2011

Re: OMG! Approved for Amex Blue w/$10k CL!

Congrats!!


Starting Score: TU 637 EQ 597 06/03/11
Current Score: SAME
Goal Score: 700+


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Established Member
Hotcakes
Posts: 37
Registered: ‎07-25-2011

Re: OMG! Approved for Amex Blue w/$10k CL!

I recently did Amex and chase back to back with no issues. They pulled different scores. I was a new chase customer but this is my second Amex (if it matters).
Established Member
Cranston
Posts: 36
Registered: ‎08-08-2010

Re: OMG! Approved for Amex Blue w/$10k CL!

congrats - great limit.

New Contributor
Switch2007
Posts: 116
Registered: ‎07-26-2011

Re: OMG! Approved for Amex Blue w/$10k CL!

Thats soooo awesome! I definitely know the feeling of being approved after so much hard work in cleaning up credit. 

 

I say you should go ahead and apply. Your scores are pretty good, and you should have a good chance of being approved. How great! I'm so happy for you!


Starting Score: 08/01/2009 584
Current Score: 08/01/2011 EQ 684 EX (Lender Pull) 702 TU 712
Goal Score: 780+


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Mega Contributor
Creditaddict
Posts: 18,807
Registered: ‎10-23-2007

Re: OMG! Approved for Amex Blue w/$10k CL!

The only reason I would wait on the Chase app is if your new Amex is by far your highest CL.  Chase is a weird bag of who knows most of the time.

btw I think that is pretty much an amazing starting CL with Amex... My friend just got Costco with a TU Fico of 802 and was given $7500.

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:
Frequent Contributor
LTomBerry
Posts: 398
Registered: ‎08-02-2011

Re: OMG! Approved for Amex Blue w/$10k CL!

If you don't mind me asking, how many CCs did you have before this and how long were they open? I'm pretty sure I want to get this card.


Starting Score: 690
Current Score: EQ 780 EX 814 TU 783
Goal Score: 800

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Established Member
boardworks
Posts: 30
Registered: ‎08-07-2011

Re: OMG! Approved for Amex Blue w/$10k CL!

Thanks all for your support!

 


LTomBerry wrote:

If you don't mind me asking, how many CCs did you have before this and how long were they open? I'm pretty sure I want to get this card.


I have three CC's:

 

  • Orchard Bank Master Card @ $700 CL
  • Orchard Bank Visa @ $700 CL
  • CapitalOne Platinum Visa @ $750 CL

I also have three installment loans (auto) and a mortgage with Wachovia.  It is a huge CL, but I'm very happy for that!  Thanks again all

Rebuilding my credit since 2/2007; starting scores:
TU 584 | EQ 572 | EX 591
Scores as of 7/2011:
TU 738 | EQ 707 | EX 730 (Experian PLUS Score)

Frequent Contributor
LTomBerry
Posts: 398
Registered: ‎08-02-2011

Re: OMG! Approved for Amex Blue w/$10k CL!

How long have your existing cards been open?


Starting Score: 690
Current Score: EQ 780 EX 814 TU 783
Goal Score: 800

Take the FICO Fitness Challenge
Mega Contributor
Creditaddict
Posts: 18,807
Registered: ‎10-23-2007

Re: OMG! Approved for Amex Blue w/$10k CL!


I have three CC's:

 

  • Orchard Bank Master Card @ $700 CL
  • Orchard Bank Visa @ $700 CL
  • CapitalOne Platinum Visa @ $750 CL

I also have three installment loans (auto) and a mortgage with Wachovia.  It is a huge CL, but I'm very happy for that!  Thanks again all


Credit cards are so weird sometimes... don't get me wrong not hating on you at all!!! but how does the computer system at Amex see $750 as highest CL currently and pop back a 10k line with 700 score.  it's got to be because of the mortgage in my eyes... that's the only thing that the 2 people i know with recent approvals with amex in the last week don't have. I know it's pure speculation but does anyone have thoughts?

I know we have AA to compare

Scores

other CL and UTIL

Income

Age

am I missing any other considerations by the oh so confusing Amex approval process and altering EX reports! lol

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:

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