New Member
Supercollector16
Posts: 13
Registered: ‎10-13-2012
Blue Cash Preferred from AMEX, should I apply?

Hi all! I am not sure if I will be accepted for this card, although I would love to have it. Here is my credit info.

 

- 704 Equifax Score

- 74% credit utilization

- Newest account was opened 1 Year, 3 Months ago.

- 0 inquires in the last year.

- Average age of accounts is 5 years.

- 0 missed payments.

- Have been an AMEX card member for 2 1/2 years with a no preset limit that has been approved for as high as $10,000.

 

I am waiting another 2 weeks until my total debt ($19,541) will decrease by $3,200.

 

What do you think my chances are if I apply in 2 weeks? The MyFICO Score Simulator says my score will be a 724.

American Express Gold Card- No preset spending limit / Capital One- $2000 CL / CareCredit- $5,000 CL / Chase Freedom- $2,000 CL /
CitiBank Mastercard- $1,200 CL / Dell Preferred- $2,000 CL / Firestone (CFNA)- $2,600 CL / Helzberg- $5,200 CL / Wal Mart- $3,000 CL