Reply
Frequent Contributor
awp317
Posts: 257
Registered: ‎08-18-2013
0

amex clear

Sorry if there is already a thread about it. 

 

 

I keep seeing this as "coming soon" on my amex log in, seems like a neat card, I want it, its a revolver however. What should I do to prep my credit to be approved. Amex gave me the hilton honors a couple years ago and have denied a CLI twice, even though they will let me carry a balance on the platinum up to 35k (anythign over that must be PIF). Should I cancel the hiltion honors now and hten apply when it comes out, or should I keep it and just apply for it anyway?  Last pulled score was a mortgage lender last month which was 742. thanks! 

Amex Platinum NPSL (with option to carry) I Citi Prestige World E 35k I USAA World MasterCard 35K I Chase Sapphire Preferred 25k I Barclays Arrival World Mc 25k I Barclays Arrival+ World E 25k I Southwest Chase 24K I PenFed Visa Sig 23k I Target Visa 12k I Chase Freedom 10,100 I Discover IT 10k I Lowes 42k
Edward Jones LOC 590k (limit varies depending on market) @3.49 I BB&T HELOC 250k @ 3.25
Chase Jumbo Mortgage Approved@ 4.6% 3/10/14!!!
Valued Contributor
thom02099
Posts: 1,350
Registered: ‎08-30-2011
0

Re: amex clear


awp317 wrote:

Sorry if there is already a thread about it. 

 

 

I keep seeing this as "coming soon" on my amex log in, seems like a neat card, I want it, its a revolver however. What should I do to prep my credit to be approved. Amex gave me the hilton honors a couple years ago and have denied a CLI twice, even though they will let me carry a balance on the platinum up to 35k (anythign over that must be PIF). Should I cancel the hiltion honors now and hten apply when it comes out, or should I keep it and just apply for it anyway?  Last pulled score was a mortgage lender last month which was 742. thanks! 


Just as a point of clarification, I think you're referring to the AMEX Everday/Everyday Preferred cards?  Not to be confused with the dearly departed AMEX Clear card, for which one can no longer apply. 

Diners Club Premier MasterCard $50K / AMEX Gold NPSL / AMEX Zync NPSL / AMEX Blue Cash Preferred $14K / Bank of America Cash Rewards Signature Visa $15K / Merrill Lynch Plus Signature Visa $15K / Wells Fargo Propel 365 $15K / Chase Sapphire Preferred Signature Visa $10K / J P Morgan Select Signature Visa $10K / Chase Slate Visa $6K / CITI Diamond Preferred MasterCard $13.2K / Discover IT $10.5K / IberiaBank Select Visa $8K / 1st Command Bank Platinum Visa $7.5K // Home Depot $9.7K / Lowes $10K

EX = 799 EQ = 812 TU = 811 - 11/2014
Senior Contributor
bichonmom
Posts: 3,318
Registered: ‎05-05-2011
0

Re: amex clear


awp317 wrote:

Sorry if there is already a thread about it. 

 

 

I keep seeing this as "coming soon" on my amex log in, seems like a neat card, I want it, its a revolver however. What should I do to prep my credit to be approved. Amex gave me the hilton honors a couple years ago and have denied a CLI twice, even though they will let me carry a balance on the platinum up to 35k (anythign over that must be PIF). Should I cancel the hiltion honors now and hten apply when it comes out, or should I keep it and just apply for it anyway?  Last pulled score was a mortgage lender last month which was 742. thanks! 


If this means that you regularly carry a bal on Amex, that could be the reason your CLIs aren't being approved. Amex doesn't like people carrying balances for very long (or at all, IMO). I'd be sure your Amex cards are PIF and get your util as low as possible, and don't apply for anything else in the meantime because they also don't like to see a lot of inquiries.

 

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

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

Frequent Contributor
awp317
Posts: 257
Registered: ‎08-18-2013
0

Re: amex clear

[ Edited ]

No I have never carried a balance on my platinum and my year end statement shows 66k spend through it last year, I actually never carry a balance on any of My credit cards. I just got a letter one day from american express (the one that always scares me, its light and not a statement) and it said  something to the effect "we have added the ability to pay your balance over time on your platinum card up to 35,000 dollars, any amount over this limit will be required to be paid in full at the end of the month, thanks for being a valued customer" 

 

But yes im reffering to the everyday card I guess thats advertised at the home screen, it looks like a blue except its got a clear square. Im really wanting a revolver from amex that earns me regular points, not hiltion points as I rarly stay at the hilton anymore.  However I want to make sure my cards are all set and gardening before my new mortage hits my account as I dont see getting approved for anything with the mortgage on my account. 

Amex Platinum NPSL (with option to carry) I Citi Prestige World E 35k I USAA World MasterCard 35K I Chase Sapphire Preferred 25k I Barclays Arrival World Mc 25k I Barclays Arrival+ World E 25k I Southwest Chase 24K I PenFed Visa Sig 23k I Target Visa 12k I Chase Freedom 10,100 I Discover IT 10k I Lowes 42k
Edward Jones LOC 590k (limit varies depending on market) @3.49 I BB&T HELOC 250k @ 3.25
Chase Jumbo Mortgage Approved@ 4.6% 3/10/14!!!

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}