topic Re: AMEX BCE - Approved! in Credit Card Approvals

AMEX BCE - Approved!

Anonymous — Tue, 25 Jun 2013 15:30:30 GMT

After working on my credit score the past few months and getting a great APR on my auto loan last week, I've been doing product changes and CLI increases for all of my cards since I already have inquiries from auto loan requests.

I was thinking, why not just try for an AMEX BCE? I wanted one with no annual fees. I only have credit info on my EQ beacon, which is 735. My creditkarma and creditsesame are all 760+. Instantly approved!

Off to the garden for me now!

Re: AMEX BCE - Approved!

asphaltcowboy — Tue, 25 Jun 2013 15:34:23 GMT

Congrats on the approval, welcome to the garden!!

Re: AMEX BCE - Approved!

Ditovera — Tue, 25 Jun 2013 15:44:19 GMT

COngratssss!!

Re: AMEX BCE - Approved!

Anonymous — Tue, 25 Jun 2013 16:38:06 GMT

Congrats! See you back in the garden.

Re: AMEX BCE - Approved!

Anonymous — Tue, 25 Jun 2013 18:25:18 GMT

I'm curious about whether or not I should close some of my current credit cards. I have to call a few to attempt to get product changes and to get rid of any possible annual fees.

Right now I have the following...

Capital One Platinum(non-rewards) - 2k Limit (need to confirm if annual fee) 15.8% APR

Barclay Card (non-rewards) - 2k Limit (need to confirm annual fee) - 22.9% APR

Bank Of America 3-2-1 Rewards Card - 10k Limit ($59 Annual fee) - 7.24% APR (edit: just got CLI for 10k total)

Credit Union Rewards Card - 10k Limit - 9.25% APR

AMEX BCE - Have not received card/limit

I also have a Macy's card with a $500 limit and a Best Buy card with a 2k limit, and a Blue Nile card with a 2k limit.

Keep them all? Dump the ones with annual fees? Dump the low limit ones?

I just got bought a new car with a 1.9% APR, my credit scores are in the mid-high 700's. Looking to clean up cards and pound away at the prinicpal of my auto loan.

Suggestions/thoughts?

Re: AMEX BCE - Approved!

KIPPIE12 — Tue, 25 Jun 2013 22:54:32 GMT

Congrats!

Re: AMEX BCE - Approved!

myjourney — Wed, 26 Jun 2013 02:57:05 GMT

@Anonymous wrote:
After working on my credit score the past few months and getting a great APR on my auto loan last week, I've been doing product changes and CLI increases for all of my cards since I already have inquiries from auto loan requests.

I was thinking, why not just try for an AMEX BCE? I wanted one with no annual fees. I only have credit info on my EQ beacon, which is 735. My creditkarma and creditsesame are all 760+. Instantly approved!

Off to the garden for me now!

Congrats

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 03:13:08 GMT

Which one is your oldest? What is your AAoA? I think that will help you decide. That being said, I'd keep the store cards because they don't charge annual fees. Plus Macy's is alway good for discounts.

I'd hack cap one if your history is long. Try to see if Barclays will PC. Since you now have bce, I would consider PCing the 321 card to the BofA travel rewards card. No annual fee, EMV chip, all purchases earn 1.5x and if you're a BofA banking client it's 1.65. I travel so for me that would make sense. If you don't then no biggie.

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 11:58:42 GMT

My average AAoA is 4-5 years. My credit report just expired and I'm holding my last one before my 3 months is up and I cancel.

I believe my Cap One card is the oldest card. I have had that for 7-8 years. Think I should dump this?

I'll contact Barclays and see if I can get a PC.

I just PC'd to the 321 card lol. I don't travel at all, and don't foresee myself doing much in the next few years as I'll be focusing on developing my career and my better half is doing the same. It's an interesting thought though, I'll keep that in mind. I plan on using the AMEX exclusively to get the new member bonus $100 for using 1k in 3 months and for the all around bonus cash it provides.

Thanks! Any other suggestions welcome!

Re: AMEX BCE - Approved!

knoregs — Wed, 26 Jun 2013 12:19:14 GMT

@Anonymous wrote:

I was thinking, why not just try for an AMEX BCE? Instantly approved!

Off to the garden for me now!

Congrats!

~kn

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 13:09:43 GMT

Why doesn't anyone apply for the BCP?!

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 13:51:18 GMT

Trying to avoid annual fees at the moment. I might aim for one after sitting in the garden for a year and waiting for all of my HP's to fall off.

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 14:08:22 GMT

The $250 sign up bonus outweights the annual fee though! Heck you even get the 6/3/3% for a year anyways and after that just downgrade. Basically becomes a $175 sign up bonus after the annual fee kicks in.

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 14:18:36 GMT

Yeah yeah. I wasn't sure I'd get approved for an AMEX with all of the HP's hitting my profile over the past week from auto loans quotes, PC's, and CLI's. I was surprised I got approved. I've wanted one of these for a while as my every day card. I'm happy as is.

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 17:01:03 GMT

@Anonymous wrote:
I'm curious about whether or not I should close some of my current credit cards. I have to call a few to attempt to get product changes and to get rid of any possible annual fees.

Right now I have the following...

Capital One Platinum(non-rewards) - 2k Limit (need to confirm if annual fee) 15.8% APR
Barclay Card (non-rewards) - 2k Limit (need to confirm annual fee) - 22.9% APR
Bank Of America 3-2-1 Rewards Card - 10k Limit ($59 Annual fee) - 7.24% APR (edit: just got CLI for 10k total)
Credit Union Rewards Card - 10k Limit - 9.25% APR
AMEX BCE - Have not received card/limit

I also have a Macy's card with a $500 limit and a Best Buy card with a 2k limit, and a Blue Nile card with a 2k limit.

In addition to the above, I've been approved for, and being sent...

Chase Freedom Card - $2500 CL

Discover IT - No idea on CL.

I'm inclined to get rid of the Cap One card and possibly the Barclays. I've had the Cap One card for 7 years, the Barclays for 3-4 years.

What's the logic behind dropping older cards? They both have fairly garbage APR%'s. Any reason to not get them canceled, short of lowering util%?

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 17:46:25 GMT

AAoA and if it doesn't have an annual fee, it isn't doing anything else besides helping you unless you have too many and want to pursue higher limits in the near future.

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 18:00:46 GMT

I see.

I just spoke with Capital One about switching to Quicksilver and they've confirmed I can apply and I'd get it. He sent me to the link to apply.

....and I just got denied.

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 18:16:05 GMT

And now I'm getting jerked around by rep after rep. Canceling Cap One tonight when I get home.

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 18:27:28 GMT

Why jerked around? Just call EOs instead of navigating with useless customer service for such requests

Re: AMEX BCE - Approved!

Anonymous — Wed, 26 Jun 2013 19:37:55 GMT

I know EO stand for exective office, but I've never had to call. Is that the credit analyst number listed in the stickies above?