07-03-2007 08:28 PM - edited 07-03-2007 08:32 PM
There is an introductory APR as low as 0.00% for 6 months. This intro rate only applies towards purchases. Be cautious that some card issuers may charge higher rates and fees for cash advances.
The APR of 13.24% is variable, meaning that the rate can change as U.S. prime rates fluctuate. You can find out how to compute your APR in the programs terms and conditions. For example, you may be instructed to add 5.4% to the U.S. prime rate.
This card is a cash back card, where you can expect cash rewards for your purchases.
Credit Record Needed:
Based on the FICO score recommendation, applicants should have a great credit record. A FICO score of at least 737 is recommended for a higher chance of approval for the Blue Cash® from American Express, but is not required. There are a number of other factors that this issuer may also consider when making decisions for approval.
The grace period listed for the Blue Cash® from American Express is at least 20 days. So interest charges will not be applied during those days.
This card is intended for consumers, or "personal use".
American Express acceptance among businesses is moderate, but global. You should not have a difficult time finding businesses that will accept this card as a form of payment.
The approval rate for this card is at a maximum. If you believe that you fall into the credit record of "Good Credit" then you will have a better chance for approval. Furthermore, if your FICO score is close to or higher than 737, then your chance of approval may be greater than other applicants.
Great news for applicants that do not want to wait on a application status. This card offer may give instant approval decisions. Remember, this may not be true in all cases, where application information may not be complete, questionable or for other reasons. When applying on-line, the system will normally show your approval status shortly after submitting your application. Credit cards normally take 1 or 2 weeks to arrive after your application is approved.
07-04-2007 07:24 AM
07-04-2007 07:32 AM
07-04-2007 08:23 AM
dog wrote:hi flygirl, the last time i checked my ex was 657.....that was a couple of weeks ago though, and that is what amex typically pulls. it may have gone up, but i am not sure if i am going to come up off of 15 bucks tonight to see..my tu is 641 (also a couple of weeks ago)....my lousy equifax is a whopping 597 as of today. (all fico scores).i did not convert skymiles to blue. i did a new app for blue two days ago and bang tonight i was marked "approved" on the app status site...i called and the lady told me $5k....i turned off the tv, sent the kids to bed, told my wife to freeze, and asked if she said $500 and she said no, 5k....i am in shock. thanks for the support.
Thanx for the info dog....Tusc has recomennded that skymiles cardholders can convert to Blue....so I'm thinking about maybe doing so. I'm just scared to ask because Amex has been so generous to me lately....3 new cards....don't want to seem pushy to them!!!!Anyway....congrats again.....have a Happy 4th.....go light some fireworks tonight and celebrate!!!!!!!!