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Contributor
SpeedingWheels
Posts: 253
Registered: ‎08-06-2012

When should I apply for Amex Delta Gold?

I'm itching to app for the Delta Amex Gold card but I know my odds of approval are at best 50/50 right now. 

My oldest acct is 18 months old and I have 6 new accounts within the past year

3 in April of '12

1 in June of '12

2 in October of '12

 

My TU08 is 675 right now, the big hit of course are the inq's. 

 

 

The reason I'm itching to app is that I'm going to be doing some travel this spring and summer and I'd really like to get the 35k bonus plus 2x miles for the trips I'm taking. 
I also know that the odds aren't in my favor and I could just be burning another INQ on a denial. 

 

If I wait until April for the 3 accts to age my odds will go way up, but I'll lose the potential miles, if I were to get lucky. 

 

 

What to do? What to do? 


Walmart Discover ($5000) - Amazon ($5500) - Cap1 Cash Rewards ($2000) - Meijer ($5000) - Discover More ($1800) - Car Care One ($2100) - Amex Delta Skymiles ($2000) - Citi Thank You Preferred ($2000) - Chase Freedom ($500) - Sam's Club, GE ($1237?)
Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Re: When should I apply for Amex Delta Gold?

99% they goint to pull all three with your credit file.

And its 40% approval odds.

 


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

Frequent Contributor
isoldmyatlas
Posts: 327
Registered: ‎04-28-2012

Re: When should I apply for Amex Delta Gold?

Any idea what your experian score is? Amex is likely going to pull that rather than TU.  What's your utilization at?

 

I opened 5 accounts between April 2012 and December 2012.  Amex approved me for the BCE earlier this month, but my utilization was only at 1%, and I had opened a Green card w/them in October so they had a little bit of a spending profile on me already.

TU: 751 (1/13/14) | EQ: 732 (11/8/13) | EX: 744 (11/8/13)

Cap1 Quicksilver, $1,750 (4/2012); Discover IT, $4,000 (10/2012); Chase Amazon Rewards, $7,600 (10/2012); AMEX Hilton HHonors, $10,000 (11/2012); AMEX Blue Cash Everyday, $10,000 (01/2013); Barclaycard Arrival, $5,500 (07/13); Chase Hyatt, $7,000 (09/13)
Valued Contributor
beb86
Posts: 1,117
Registered: ‎10-31-2011

Re: When should I apply for Amex Delta Gold?


nicholasyud wrote:

99% they goint to pull all three with your credit file.

And its 40% approval odds.

 


+1 you are borderline with a thin file so the will most likley pull all three...I would give it some time and try when your scored are over 700

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Established Contributor
jamie123
Posts: 664
Registered: ‎03-22-2012

Re: When should I apply for Amex Delta Gold?

I think you need for those 3 April cards to be 1 year old before apping for the Delta.

 

Your odds of being approved before that are slim to none.

 

CC companies like to see at least 1 year of history managing multiple cards before approving credit on their premium products, regardless of scores.



Starting Score: EQ 658 6/18/12
Current Score: EQ 680 9/23/13
Goal Score: EQ 720+
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