Blue Cash Preferred from AMEX, should I apply?
10-13-2012 01:10 PM
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.
CitiBank Mastercard- $1,200 CL / Dell Preferred- $2,000 CL / Firestone (CFNA)- $2,600 CL / Helzberg- $5,200 CL / Wal Mart- $3,000 CL