topic Re: AMEX pre-approval in Credit Card Applications

AMEX pre-approval

A1Credit — Thu, 13 Jul 2017 20:17:24 GMT

I tried the AMEX pre-approval and was pre-appoved to apply for their Delta Skymiles card and the AMEX green card. I am disappointed that the I wasn't preapproved for their cash back card but I wanted to know what you guys thought of the preappoved cards. I did want a travel card but I am unsure if this one is right for me. Should I apply or wait for better offers?

Re: AMEX pre-approval

AverageJoesCredit — Thu, 13 Jul 2017 20:32:15 GMT

You dont necessarily need a preapproval offer to get the card you want. You can cold app. Plenty have done so and gotten it

Re: AMEX pre-approval

A1Credit — Thu, 13 Jul 2017 20:37:13 GMT

@AverageJoesCredit wrote:
You dont necessarily need a preapproval offer to get the card you want. You can cold app. Plenty have done so and gotten it

I'm too nervous to apply on a cold app. I have a great fear of rejection and tend to sulk for a while after. So regarding the cards they pre-qualified be for, what are your thoughts on them? Is the AMEX pre-qualifier pretty solid or shaky at best?

Re: AMEX pre-approval

Anonymous — Thu, 13 Jul 2017 21:18:53 GMT

It was solid for me. I was pre-a for ED, BCE and PRG. I wanted SPG and Delta. So I apped and was approved for ED. I cold apped for SPG and was approved. Now, as my luck has it, I'm pre-a for Delta but I'm in the garden being guarded by 4 mean garden ninjas. So I will hold off on Delta until we find out the fate of the SPG.

Sidenote: we all hate rejection but sometimes the thrill out ways it lol!

Re: AMEX pre-approval

mr_awesome — Thu, 13 Jul 2017 21:19:15 GMT

I've only ever been approved for a pre-qualified AMEX (Gold Delta). All the cold apps have been declined, but this was most likely because of the cards I was applying for--a little out of my FICO range.

My partner applied for a pre-qualified offer and was denied, so it's not a for sure thing--more a suggestion from AMEX.

If it helps you feel better about the application, I was approved for my Gold Delta with an EX score of 633 and about 50% utilization with some late payments, collections, and a charge off all about 3 years ago. Not a great credit profile, but I was still approved.

Re: AMEX pre-approval

A1Credit — Thu, 13 Jul 2017 21:23:11 GMT

I might just say what the heck and go for it. I will wait to see how I feel tomorrow. Congrats on your approval! I would love to have a premeier card like AMEX but I want to make sure that the cards I get during my rebuild are cards I would actually use and benefit from.

Re: AMEX pre-approval

A1Credit — Thu, 13 Jul 2017 21:24:20 GMT

@mr_awesome wrote:
I've only ever been approved for a pre-qualified AMEX (Gold Delta). All the cold apps have been declined, but this was most likely because of the cards I was applying for--a little out of my FICO range.

My partner applied for a pre-qualified offer and was denied, so it's not a for sure thing--more a suggestion from AMEX.

If it helps you feel better about the application, I was approved for my Gold Delta with an EX score of 633 and about 50% utilization with some late payments, collections, and a charge off all about 3 years ago. Not a great credit profile, but I was still approved.

Do you think I can apply for both since one is a charge card and the other is a credit card? I have been holding out for a Discover It but Discover does not seem to like me.

Re: AMEX pre-approval

601flyguy — Thu, 13 Jul 2017 22:38:40 GMT

Yes, you can apply for 1 credit card and one charge card. Thats the max with amex.

Re: AMEX pre-approval

AverageJoesCredit — Fri, 14 Jul 2017 00:06:50 GMT

I commend you for wanting cards that will help you grow. Dont settle for cards because you can get them. Your profile will thank you for it

Re: AMEX pre-approval

Total80sKid — Fri, 14 Jul 2017 00:39:27 GMT

I have only ever been ore-approved for a Merrick Card.

Got a $7k SL Discover Card, $2k SL Chase FU and a few weeks ago, the AMEX BCE.

Pre-approvals are nice, but had I waited for one, I might never have gotten the ones I have with the limits I got.

Good luck!

Re: AMEX pre-approval

Anonymous — Fri, 14 Jul 2017 00:41:06 GMT

I was preapproved for ED and BCE with no bonus offers.

Well I wouldnt want to get a new card without and bonus offers right ?

So, I cold applied for the BCE and received the $250 bonus offer.

Cold app worked out alot better for me ! .......................................!!!!!

Re: AMEX pre-approval

A1Credit — Fri, 14 Jul 2017 01:03:03 GMT

@AverageJoesCredit wrote:
I commend you for wanting cards that will help you grow. Dont settle for cards because you can get them. Your profile will thank you for it

I think I will app for the Delta Gold and pray for an approval. I just want to get my foot in the door with AMEX...

Re: AMEX pre-approval

A1Credit — Fri, 14 Jul 2017 01:09:23 GMT

@Total80sKid You're right but I just feel that this is too good to be true since I am still in my rebuilding phase. I currently only have a Capital One Plat with a SL of $3000 and an Express card with a $500 SL. I mistakenly allowed my Cap One to post a 11% utilization but my Express is at 0% utilization. I've only had my Cap One for 3 months but have paid the balance in full each month. I am a AU on one of my parent's card but that's it other than my mortgage, car and student loans.

Re: AMEX pre-approval

A1Credit — Fri, 14 Jul 2017 01:10:59 GMT

@Anonymous wrote:

I was preapproved for ED and BCE with no bonus offers.

Well I wouldnt want to get a new card without and bonus offers right ?

So, I cold applied for the BCE and received the $250 bonus offer.
Cold app worked out alot better for me ! .......................................!!!!!

I need to take a leap of faith, huh? LOL

Re: AMEX pre-approval

A1Credit — Fri, 14 Jul 2017 02:13:23 GMT

Well I did it guys! I applied for the Delta Gold and was approved, SL $1,000. Frankly I am just happy to get my foot in the door! Big thanks to all who responded to my thread and took the time to offer advice. It is greatly appreciated!

Re: AMEX pre-approval

Anonymous — Fri, 14 Jul 2017 02:06:23 GMT

Omg! That is so great! I was about to start nagging you to do it already! Congrats!

Re: AMEX pre-approval

A1Credit — Fri, 14 Jul 2017 02:12:46 GMT

@Justagirl73 wrote:
Omg! That is so great! I was about to start nagging you to do it already! Congrats!

LMBO! You guys are great! Thanks!

Re: AMEX pre-approval

A1Credit — Fri, 14 Jul 2017 02:16:52 GMT

@Justagirl73 do you know if the miles expire or do they continue to roll over and accrue?

Re: AMEX pre-approval

AverageJoesCredit — Fri, 14 Jul 2017 02:18:30 GMT

Way to go Glad you got the card you wanted. Now the true fun begins, trying to grow that baby

Re: AMEX pre-approval

A1Credit — Fri, 14 Jul 2017 02:20:04 GMT

@AverageJoesCredit wrote:
Way to go Glad you got the card you wanted. Now the true fun begins, trying to grow that baby

Thanks! As for growing my baby...what should my plan of action be to help maximize growth?