topic Re: Amex - Offers in Credit Card Applications

Amex - Offers

radfam — Mon, 05 Feb 2018 16:14:20 GMT

I'm new to the Amex family, with a Delta and PRG in January. I am still learning to navigate the system and do not intend to app for other products anytime soon. I know when I go to my account home, I can click menu>cards>Charge & credit card offers to see prequals. From there I see this screen, which I assume would mean no solid prequals. Actual question below pic.

My question comes in right here. Nearly all I open have a range for APR, except one. The Mercedes Benz card. Now, I don't need this card and don't intend to app it. I'm curious though if it is a Prequal or if this is what a Prequal looks like once you are an Amex member. Here is what I see when I open the Mercedes Benz card details. Single APR (not a range), even when I click on the terms and conditions. I'm trying to get an understanding of what an Amex Prequal looks like once you already have products with them.

Re: Amex - Offers

Anonymous — Mon, 05 Feb 2018 17:48:51 GMT

From my experience, it will actually say you are prepproved at the top of the page.

Re: Amex - Offers

Anonymous — Mon, 05 Feb 2018 18:02:40 GMT

To see if you're actually pre-approved you need to select one of the "Featured Cards" then click on the "Apply Now" button.

If you're pre-approved you will then see a message at the top of the page stating "radfam, you are preapproved. Get a decision in as little as 30 seconds." If you aren't pre-approved you will see "Applying to Expand your membership with us is easy."

Note also, that "Featured Cards" are just Amex's selection of cards they think might interest you. You can click on "View all cards" and check each one to see if you're pre-approved.

Re: Amex - Offers

Anonymous — Mon, 05 Feb 2018 18:05:15 GMT

I've never actually seen an image that shows "pre-approved", not have I seen it myself, though I've only been paying attention for 6-8 months.

Regarding the MB card, I don't believe the interest rate varies. I think it's fixed for all cardholders, so it wouldn't indicate any special pre-approval.

Re: Amex - Offers

Anonymous — Mon, 05 Feb 2018 18:07:44 GMT

wrote:
To see if you're actually pre-approved you need to select one of the "Featured Cards" then click on the "Apply Now" button.

If you're pre-approved you will then see a message at the top of the page stating "radfam, you are preapproved. Get a decision in as little as 30 seconds." If you aren't pre-approved you will see "Applying to Expand your membership with us is easy."

Note also, that "Featured Cards" are just Amex's selection of cards they think might interest you. You can click on "View all cards" and check each one to see if you're pre-approved.

Nice, I never knew that. Looks like I'm pre-approved for every single card though. Is that normal?

Re: Amex - Offers

Anonymous — Mon, 05 Feb 2018 18:09:25 GMT

This is what the pre-approved message looks like when you click the "Apply Now" button.

Re: Amex - Offers

Anonymous — Mon, 05 Feb 2018 18:11:31 GMT

Yes. Once you're a member of American Express you have access to all the cards your credit scores and income support. You can have up to 4 credit cards and 4 charge cards for an individual account, although some people report having 5 credit cards.

Re: Amex - Offers

radfam — Mon, 05 Feb 2018 18:12:11 GMT

Thanks! I hadn’t actually clicked apply now on any of the cards. Still haven’t, haha! But good to know what it looks like. I have a few other priorities in the meantime, so not planning to add any additional Amex. I was just curious about what I was seeing! You all have been helpful!

Re: Amex - Offers

Anonymous — Mon, 05 Feb 2018 18:14:10 GMT

Clicking on "Apply Now" is harmless since there's still some information you need to fill in. So you can explore which cards you're pre-approved for then hit your browser's Back button to exit.

Re: Amex - Offers

RicHowe — Mon, 05 Feb 2018 20:28:48 GMT

As other's have said, you need to click on the Apply Now button to see if you are pre-approved.

Just remember that if you apply for 2 revolvers within 90 days (2/90 rule), you will not see any pre-approvals for 3 months. Similarly, if you are a new customer you will not see any pre-approvals for the first 90 days as well. Be patient. They will show up.

Re: Amex - Offers

Anonymous — Mon, 05 Feb 2018 21:35:35 GMT

Love your name Mr Duck!

Re: Amex - Offers

Anonymous — Tue, 06 Feb 2018 02:09:45 GMT

I'm thinking Amex dropped the 90 day requirement before pre-approvals pop. Opened my first Amex on 12/16 and have been showing as pre-approved for all their cards for well over a week now. All except four with a fixed apr.

Re: Amex - Offers

Manonfire — Tue, 06 Feb 2018 05:07:30 GMT

I am an existing customer with a PRG card and have preapprovals for the majority of their cards but get a range of APRs rather than a fixed one. Are these likely not as solid?

Re: Amex - Offers

ToughFistFight — Tue, 06 Feb 2018 17:29:12 GMT

Thank you very much for this post. Not all the other posts say to click the Apply Now button to see if the pre-approval screen comes up. It looks like I am pre-approved for almost everything. The charge cards dont come up with the pre-approval? I dont have a charge, I have a credit card, maybe thats the deal. Im sure its YMMV, it would be nice if someone would chime in who has had an approval from these pre-approval screens.

Re: Amex - Offers

Anonymous — Tue, 06 Feb 2018 17:34:04 GMT

What are your credit scores, utilization, etc. How long have you been a member of Amex? Although many claim that the charge and credit cards have the same underwriting criteria that has not been my experience. Not every member is immediately approved for a charge card. Personally I was not approved for a PRG charge card until my Experian score was around 690 but I was approved for a Blue Cash Everyday credit card when my Experian score was 646. YMMV.

wrote:
Thank you very much for this post. Not all the other posts say to click the Apply Now button to see if the pre-approval screen comes up. It looks like I am pre-approved for almost everything. The charge cards dont come up with the pre-approval? I dont have a charge, I have a credit card, maybe thats the deal. Im sure its YMMV, it would be nice if someone would chime in who has had an approval from these pre-approval screens.