What's the latest with AMEX

[MontegoMack]

AMEX has seemingly changed their requirements for their cards and I'm wondering what score minimums that they are allowing for approval for their Delta Gold and PRG.

Anyone have an idea?

[09Lexie]

What are you basing this on?

[MontegoMack]

Based on what I've read on this site/these boards, they've become less exclusive as they once were. They've become more inviting to people who have less than stellar scores and credit. 

Thoughts?

[espnjunkie]

I haven't really seen any significant change. Rule of thumb is near excellent to excellent credit for amex approval. YMMV but they are not offering subprime products

[MontegoMack]

I wasn't indicating that they offer subprime. All I want to know is what the consensus is -from the folks here- on what the minimum scores are for AMEX.

[Luscher]

I don't think there underwriting has changed. the view of amex is that they are prestigious and extremely hard to be approved for but i think since you came to the site you realize thats not true, its just the image they have built for themselves.

[longtimelurker]

When people here say that Amex has become less exclusive, they are often comparing to the somewhat distant past, rather than say last year.   At one point (and its from this period that the reputation still persists) Amex charge card was almost exclusively the province of either the wealthy or the business professional.    Now Amex is much more a mass market product (like most other cards), but again, not a recent change.

[09Lexie]

You'll get answers all over the place. Without knowing the entire credit profile including assets, I cannot see how you'll get a consensus. They may not be exclusive but tbh I don't think they ever were IMO.

What seems to hold true is not bk friendly and little to no recent derogs. CS are subjective and if they approve a 620 for one app, they can just as easily deny a 675 for another

[MontegoMack]

Regardless of mass marketing, history, distant past and all...

What is the trend seen today that would indicate a minimum score range (to be even more general and allow for error) for approval for the Delta Gold and PRG?

[Duncanrr]

Delta would probably be 650-670 range.

Revolvers are probably 720 range.

(This is based off what Ive seen and my own personal experience.  Of course, variations in individual credit and asset portfolio will influence this (up or down).