Valued Member
Way
Posts: 28
Registered: ‎01-24-2012
Corporate Amex

I recently had to apply for a Corporate Amex through work.  It was a hard pull on Experian which immediately made me nervous as I'm nowhere near the Amex phase of my credit life yet.  I got a denial letter as expected, but the card showed up about three days later.  The whole corp Amex system seems a bit odd to me. Why hard pull me and send a denial letter if you are going to issue the card anyways?  Additionally, I don't believe this account will appear as a tradeline on any reports for me personally.

 

I do wonder if this card will serve for backdating a year or two down the road when my scores make me Amex eligible?

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Established Contributor
chasmith
Posts: 1,018
Registered: ‎05-26-2010
Re: Corporate Amex
[ Edited ]

It depends on what agreement Amex has with your employer.  Corporate cards may give ultimate recourse to the employer.

 

In my case, when the company started the Amex program perhaps 10 years ago I was denied (prior CO with Amex).  My manager had to authorize a $4K guarantee and I was held to that limit, after one year the corporate guarantee and the limit went away.

 

But bad news is, I don't think Amex will report the corporate card.  They don't report mine and never have.

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Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 4/2/2011 EQ 682 1/14/2011 TU 665
Current Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Goal Score: EQ 700 TU 700
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Super Contributor
CS800
Posts: 6,149
Registered: ‎04-07-2008
Re: Corporate Amex

Unless you're a sole owner and used your SSN to apply, that's a new one for me that AMEX will HP you. When I got my Corp AMEX some years ago, there was absolutely no pull anywhere.

 

They don't even report the card on my file since I don't bear the impact. I haven't used it in over 3 years. Instead, I got permission to use my personal Plat AMEX for work purposes, They pay it off in full and I get the points





New Contributor
ptkdude
Posts: 64
Registered: ‎03-25-2011
Re: Corporate Amex

I got my corporate Amex in 2008.  There was no pull on my credit whatsoever, and the do not report that card to my reports.  When I got my own personal Amex in December 2011, they backdated it to the 2008 date on the corporate card (upon my request), and show "OK" history on all 3 credit reports going back to 2008.


Starting Score: 660 Jan 2012
Current Score: 693
Goal Score: 700


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