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Frequent Contributor
pritchardhallhokie
Posts: 274
Registered: ‎08-06-2010
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Preselected for Green Amex - Chances of approval?

I KNOW this is a duplicate post, but the last thread got sidetracked a bit and I'm wondering if I might post once more.

 

My question is this, I spoke with the rep at Amex about the approval process and she said that about 95% of the people who get a preselected letter get approved.  Does anyone have experience with this?  Does this seem right?  I want to get in the Amex club but obviously don't want to waste an inq. on a denial.

 

 

 

THANKS!!!!


Starting Score: 584TU / 580EQ
Current Score: 670 TU / 680EQ
Goal Score: 720 TU / 720 EQ


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Super Contributor
DI
Posts: 5,767
Registered: ‎01-28-2008
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Re: Preselected for Green Amex - Chances of approval?

No one here can tell you in advance that you'd get approve for an AMEX card.   If one inquiry is a concern, you may just want to wait until your credit file improves. 

Established Contributor
jefftca925
Posts: 701
Registered: ‎08-14-2008
0

Re: Preselected for Green Amex - Chances of approval?

If your scores in your siggy are correct I would think you'd get approved for a "charge" card with Amex.  The Zync, Green, or Gold cards would be your options.  The "credit" cards (Blue(s), Delta, etc.) would most likely require a score above 700-720.  The nice thing about the charge cards is that you have to pay them off when you get the bill so you will be much more cautious with your spending.  And it will get you foot in the door with American Express.

CCs: Chase Freedom VS 6.9k, CSP VISA Sg 7k, BofA Amex 12.5k, Discover 10.5k, US Bank Cash+ Visa Sg 12.5k, Macy's Amex 8k/1.5k, Gap Visa 10k, Best Buy 11.1k, Citi TY MC 10.8k, Citi AA Amex 6k, Nordstrom VS 10k, Amex Zync, Costco Amex 12k, BofA CR VS 17k, Amex BCP 9.5k, Amex ED 5k, Sears MC 9k, HD 7k, Target 600, Amazon 7k, US Bank MC 15k, US Airways MC 4k, NFL Visa 4k, Patelco Visa 10k, Penfed PR VS 44.6k, Chase United VS 13k, Chase Marriott VS 8k, Citi Simplicity 13.3k, PayPal MC 5k, Compass Visa 4k, WF VS 14k, FNBO Amex 14.1k, OCCU VISA 15k, TR Visa Sg 13.3k, Capital One QS Visa 11k, FRN MC 13.5k, HSN 4k, Saks WEMC 10k/4k, Chase Ink 18k, Barclay Arrival 10k, Ebates VS 8k, Orbitz VS 9k, NASA V 30k, USBk FP VS 17k
Frequent Contributor
Gibran
Posts: 331
Registered: ‎09-26-2009
0

Re: Preselected for Green Amex - Chances of approval?


pritchardhallhokie wrote:

I KNOW this is a duplicate post, but the last thread got sidetracked a bit and I'm wondering if I might post once more.

 

My question is this, I spoke with the rep at Amex about the approval process and she said that about 95% of the people who get a preselected letter get approved.  Does anyone have experience with this?  Does this seem right?  I want to get in the Amex club but obviously don't want to waste an inq. on a denial.

 

 

 

THANKS!!!!


When I got my Amex Zync my scores were just alittle lower than yours, I think you would probably have a good chance. Amex seems to like to approve for their charge cards. If you do app and get denied, be sure to try for a recon. I app'd for a Plat. Delta Skymiles, got denied and called for a recon, APPROVED...Good Luck, let us know how it turns out


AMEX Platinum NPSL | AMEX Zync NPSL | AMEX Delta Platinum $4000 | Travelocity Amex $4000 | CapOne No Hassle Rewards $2500 | BBRZ MC $800 | Local CU Visa $1000 | Kay $2000 | Citi Hilton HHonors Reserve $5000 | Chase Marriott Rewards $5000 | BankAmericard Travel Rewards Visa $7000 | Discover IT $1000
In the garden until 10/2014
Frequent Contributor
pritchardhallhokie
Posts: 274
Registered: ‎08-06-2010
0

Re: Preselected for Green Amex - Chances of approval?

Thanks Gibran!  Did you have a preselected letter or did you just apply from scratch?


Starting Score: 584TU / 580EQ
Current Score: 670 TU / 680EQ
Goal Score: 720 TU / 720 EQ


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Frequent Contributor
Gibran
Posts: 331
Registered: ‎09-26-2009
0

Re: Preselected for Green Amex - Chances of approval?

I just applied from scratch, it wasn't an instant approval, I had to call in to verify some information (address, phone), csr came back and said I was approved. I actually have 3 cards with them now.


AMEX Platinum NPSL | AMEX Zync NPSL | AMEX Delta Platinum $4000 | Travelocity Amex $4000 | CapOne No Hassle Rewards $2500 | BBRZ MC $800 | Local CU Visa $1000 | Kay $2000 | Citi Hilton HHonors Reserve $5000 | Chase Marriott Rewards $5000 | BankAmericard Travel Rewards Visa $7000 | Discover IT $1000
In the garden until 10/2014

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