topic Amex PRG - approved in Credit Card Approvals

Amex PRG - approved

Anonymous — Sun, 03 Sep 2017 18:44:52 GMT

Just wanted to share some data points, I've had a delta gold for about 2 months now and had been eyeing the prg for a little while but didn't think I'd be approved. I read on here some people getting approved without hard pulls, decided to roll the dice and instant approval, no hard pull as of yet (apped 2 days ago)!

Ex 651 - inquiries 8 from past year. Decided to roll the dice with the Hilton card but no dice I suppose I'll give it a couple months!

Super excited about the prg yessss!!

Re: Amex PRG - approved

Anonymous — Sun, 03 Sep 2017 18:58:53 GMT

Congrats!

Re: Amex PRG - approved

fltireguy — Sun, 03 Sep 2017 19:44:09 GMT

Congrats on the PRG. I just got approved for the Hilton this morning 😁

Re: Amex PRG - approved

credit_is_crack — Wed, 13 Sep 2017 04:09:15 GMT

Congrats on the PRG! The NPSL took me a bit to figure and if you've had an AmEx charge card before disregard this, but if not this might help.

With the NPSL AmEx says your "soft limit" fluctuates based on your history with AmEx. For my PRG it was very specific.

The "spending power" was always equal to 3 times the amount of my largest payment in the previous rolling 6 months. This applies to a single payment, not multiple ones to equal a monthly bill.

Sample Payments: Mar $500, Apr $450, May $1500, Jun $0, Jul $500, Aug $25 ----- if I hit the spending power button today (Sept) it would return "you're Approved up to "$4,500" (In the last 6 months $1500 was the largest, so $1500 x 3)

It's a rolling 6 months so it would stay at $4,500 until December assuming no more payments from Jun to Dec were greater than $1500. As soon as I made a payment greater than our sample $1500, it would recalculate to 3x that greater amount.

I wanted to know how this part of the NPSL worked quickly to avoid being declined a charge while I was out and about. Knowing this, I never had a declined charge. YMMV, but thought I'd share. Congrats again!

Re: Amex PRG - approved

credit_is_crack — Wed, 13 Sep 2017 04:09:41 GMT

Re: Amex PRG - approved

Anonymous — Mon, 04 Sep 2017 00:23:48 GMT

Congratulations! What are the bonuses these days, and how much do you need to spend? Thanks for sharing!

Re: Amex PRG - approved

Anonymous — Mon, 04 Sep 2017 01:44:17 GMT

Hey thanks for all the congrats guys! Getting some nice results from my rebuild! I had an offer for 50k points and spending 2k in 3 months so that's why I took the jump!

That's interesting about the spending power, looks like right now they're comfortable doing 3k max for me to start out with.

Re: Amex PRG - approved

shoegal — Mon, 04 Sep 2017 05:00:39 GMT

Congrats!!

Re: Amex PRG - approved

Anonymous — Mon, 04 Sep 2017 05:20:18 GMT

I am curious about the spending power. Haven't used my PRG much since I got it same time with the PLAT.

PRG now comes with Pay Over Time, and the letter I received says $35K. Is that the standard? But I'll use it for what it is, a charge card.

Did you opt for the Pay Over Time?

Re: Amex PRG - approved

credit_is_crack — Mon, 04 Sep 2017 13:24:03 GMT

They seem to have a few little "project programs" that let you pay a balance over a few months. I have the POT (pay over time) but my limit is only $20k. I also have the Select-N-Pay Later which is a little neater. With that one, I can choose to finance a charge that was $100 or more while everything else is still due at the end of month. That limit is $10k for my card. I only have those 2 programs on my PRG.

Ive read quite a bit that although AmEx loves to announce these programs they are not very keen on you actually using it. YMMV. I know there are more programs out there but the one consistent thing is they all seem to be invite only. They'll send you a letter telling you "effective xx/xx/xxxx you now have..."

Re: Amex PRG - approved

Anonymous — Mon, 04 Sep 2017 19:36:20 GMT

Congrats! This has been my DD since December 2016 and is a great card! Only issue I've ever had is it's still not as widely accepted as Visa/MC. There has been a few times where I've had to put it back in my wallet and pull out a Visa.

Re: Amex PRG - approved

Manonfire — Mon, 04 Sep 2017 21:04:35 GMT

Congrats Brent. I also got the 50k offer with only $1,000 spend....so it felt like a no brainer. We'll see if the card holds long term value for me as I'm new to the charge card world.

@Anonymous wrote:
Hey thanks for all the congrats guys! Getting some nice results from my rebuild! I had an offer for 50k points and spending 2k in 3 months so that's why I took the jump!

That's interesting about the spending power, looks like right now they're comfortable doing 3k max for me to start out with.

Re: Amex PRG - approved

drboxing — Tue, 05 Sep 2017 03:05:44 GMT

Congrats. Was approved for Delta Gold almost 2 months ago. PRG is the card I want but I think I'll wait about 5 more months then apply

Re: Amex PRG - approved

Anonymous — Thu, 07 Sep 2017 02:27:28 GMT

Grats on the PRG! I love that card.

Did you get a sweet sign up bonus?

Re: Amex PRG - approved

BronzeTrader — Thu, 07 Sep 2017 03:52:33 GMT

Depending card holder's situation. Some people hold the PRG forever and some people quit just before the AF.

I already have the CSR. Maybe AmEx patinium would be more appealing. To me PRG is just a transitioinal card to Platinum.

Re: Amex PRG - approved

Anonymous — Thu, 07 Sep 2017 14:56:32 GMT

Major Congrats!!! Welcome to the CLUB!!!

Re: Amex PRG - approved

drboxing — Thu, 07 Sep 2017 15:58:12 GMT

My plan is once I get the PRG I'm good, I'll keep it for a while. Then hopefully get the AMEX Platinum and that'll be it