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Established Contributor
j_casteel
Posts: 1,024
Registered: ‎06-21-2012

Would this be wrong to do?

App for an AMEX card once a month to get a free EX FICO score and it only cost a SP?

| AMEX Zync PSL | Walmart $900 | Cap1 Green $1.5k | Amazon $1.35k | NFCU Visa Sig $10k | NavChek $15k | NFCU Flagship Visa $5k | Lowe's $1.2k |
Starting Score:TU:597 EQ:571 7/5/12 (joined myFICO & SW)
Current Score: EQ:653 (ScoreWatch) EX:685 (Amex app) TU:681 (Walmart)
Goal Score: 700

Proud to say that ALL past due debt has been paid and I never declared BK!!
Established Contributor
Cdnewmanpac
Posts: 694
Registered: ‎01-16-2012

Re: Would this be wrong to do?

1. I believe you have to wait 60 days after a decline before you app again.
2. I dont think amex uses the same exp model as chase and citi. Apps a few weeks apart with no change in report had radically different scores.
3. How would this help you? You would know what amex thinks your fico is, but in the context of a decline. If your score is 740, but you grt declined, what do you do with that information? If it is 670, but you get accepted, does that change something?
4. If you smack a tiger in the nose, please dont subsequently complain when it bites you.
NewCardssmall
9500 5000 13000 3000 3000 5000
Established Contributor
j_casteel
Posts: 1,024
Registered: ‎06-21-2012

Re: Would this be wrong to do?

It was just a thought I had. I app'd and got the Zync in June. Then on August 5th I app'd for the PRG, but was declined. It only cost me a SP and I also got a real EX FICO score which was from a SP they did on 7/28. I was under the impression a person could apply with AMEX every 31 days.
| AMEX Zync PSL | Walmart $900 | Cap1 Green $1.5k | Amazon $1.35k | NFCU Visa Sig $10k | NavChek $15k | NFCU Flagship Visa $5k | Lowe's $1.2k |
Starting Score:TU:597 EQ:571 7/5/12 (joined myFICO & SW)
Current Score: EQ:653 (ScoreWatch) EX:685 (Amex app) TU:681 (Walmart)
Goal Score: 700

Proud to say that ALL past due debt has been paid and I never declared BK!!
Valued Contributor
jamesdwi
Posts: 1,206
Registered: ‎09-16-2011

Re: Would this be wrong to do?

Behavior outside of the norm with AMEX is a good way to get a FR, I would advise against this plan, 

Wallet: FNBO DISC 9.5k, , Chase Freedom 3.3k & Slate 3.3k, AMEX BCP 7.5k & AMEX Hilton Surpass 5.5k & AMEX Zync NPSL, Walmart 3.3k, CapOne AU 1.5k
Sockdrawer: Paypal Extras MC 3.2k, CapOne 2k, CapOne 750, Amazon 3.9k, Sams Club store 9.8k, Citi HHonors Gold 6k, Discover IT 6.5k and a nice stack of store cards.
Last APP 6/5/2013
Established Contributor
j_casteel
Posts: 1,024
Registered: ‎06-21-2012

Re: Would this be wrong to do?

That's why I wanted to ask before doing something like this....I won't be doing it.

Thanks for the replies
| AMEX Zync PSL | Walmart $900 | Cap1 Green $1.5k | Amazon $1.35k | NFCU Visa Sig $10k | NavChek $15k | NFCU Flagship Visa $5k | Lowe's $1.2k |
Starting Score:TU:597 EQ:571 7/5/12 (joined myFICO & SW)
Current Score: EQ:653 (ScoreWatch) EX:685 (Amex app) TU:681 (Walmart)
Goal Score: 700

Proud to say that ALL past due debt has been paid and I never declared BK!!
Valued Contributor
jsickz32
Posts: 1,815
Registered: ‎06-25-2012

Re: Would this be wrong to do?

I apped for one amex a week after a got my first amex. A month after that i applied for two and got one approved other denied. 16 more days to go and i will apply again. Lol
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / BofA Total rewards (2500) / BofA Amex (3900) / Bofa cash rewards (5700) / BofA Privileges Cash Rewards (5000) / Citi Forward (3000) / Chase Freedom (3500) / Discover IT (1700) / FNBO AMEX (3600) / Barclays Apple Visa (3960) / NFCU cashRewards Visa signature (12500) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (601) / PayPal Smart connect (2200)
Valued Contributor
Crashem
Posts: 2,351
Registered: ‎01-26-2012

Re: Would this be wrong to do?

You can app 31 days after rejection.  Personally I thever if gotten recently rejected (90 days), your next app with take a little ding with internal scoring.  Also not sure if Amex score is pure fico.  Might be a card enhanced or custom score for Amex.

Amex Plat, Amex BCP 8k->24k (5/23/12), Amex TE 15k, CSP 25k, Chase Palladium 100k, Citibank AA 35k (AU), Firestone 1.8k->2.2k (8/20/12), HSBC 15k, JFCU Jloc 30k, PenFed Plat Rewards 30k, SF Fire 30k, US Bank Cash+ 25k
Valued Contributor
bichonmom
Posts: 3,138
Registered: ‎05-05-2011

Re: Would this be wrong to do?


jamesdwi wrote:

Behavior outside of the norm with AMEX is a good way to get a FR, I would advise against this plan, 


+1 You might as well send Amex a letter saying, "Please FR me." :smileyhappy:

 

 

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EQ FICO 741 | TU FICO 745 (Walmart) | EX FAKO 768 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!


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