topic Re: Applying for a second AMEX in Credit Card Applications

Applying for a second AMEX

mikelo22 — Wed, 03 Dec 2014 01:10:20 GMT

So I applied for my Amex BCE card back in June. I am looking into the Amex SPG at the moment. However, I was thinking that it would make the most sense to wait until January to apply. This way it gets backdated to January 2014 instead of December 2014 (almost a year difference).

Am I making sense here? Is that how it would work?

On another note, I just wanted to verify two things about the Amex SPG:

1. Since it is a full-fledged Amex Card (unlike, i.e., Fidelity), it will backdate.

2. Since I have never had this card before, I will be able to take advantage of the 25K bonus points offer.

Am I right on both these assumptions?

Thanks for any help!

Re: Applying for a second AMEX

Anonymous — Wed, 03 Dec 2014 01:51:28 GMT

@mikelo22 wrote:
So I applied for my Amex BCE card back in June. I am looking into the Amex SPG at the moment. However, I was thinking that it would make the most sense to wait until January to apply. This way it gets backdated to January 2014 instead of December 2014 (almost a year difference).

Am I making sense here? Is that how it would work?

On another note, I just wanted to verify two things about the Amex SPG:
1. Since it is a full-fledged Amex Card (unlike, i.e., Fidelity), it will backdate.
2. Since I have never had this card before, I will be able to take advantage of the 25K bonus points offer.

Am I right on both these assumptions?

Thanks for any help!

Yes, unless you have a (very) urgent need for the card now, it makes sense to wait till Jan. A lot of the time this is overstressed (e..g in June, if the card has good value, it's not worth waiting till Jan for a minor backdate), but by Dec, probably.

And yes, it is issued by Amex so will backdate, and you should be able to get the bonus offer.

Re: Applying for a second AMEX

Luscher — Wed, 03 Dec 2014 20:10:47 GMT

+1 wait until January. It will make your card appear as though it has been open for 1 year.

Re: Applying for a second AMEX

Anonymous — Wed, 03 Dec 2014 20:31:56 GMT

@Luscher wrote:
+1 wait until January. It will make your card appear as though it has been open for 1 year.

Thank you. I will wait too as I want another personal card...

Re: Applying for a second AMEX

WLRK11 — Mon, 15 Dec 2014 00:12:37 GMT

@mikelo22 wrote:
So I applied for my Amex BCE card back in June. I am looking into the Amex SPG at the moment. However, I was thinking that it would make the most sense to wait until January to apply. This way it gets backdated to January 2014 instead of December 2014 (almost a year difference).

Am I making sense here? Is that how it would work?

On another note, I just wanted to verify two things about the Amex SPG:
1. Since it is a full-fledged Amex Card (unlike, i.e., Fidelity), it will backdate.
2. Since I have never had this card before, I will be able to take advantage of the 25K bonus points offer.

Am I right on both these assumptions?

Thanks for any help!

I love Starwood (and my SPG card)!

1. Yes

2. Yes

I've been eyeing the BCP for a few months, but I'm waiting until January 1, 2015 for the same reason. Good luck!

Re: Applying for a second AMEX

Anonymous — Tue, 17 Nov 2015 21:38:27 GMT

hi all, new to the forums!

im kinda in the same situation as the OP i guess. i got instant approved in september 2015 for my first amex (BCP) for $4k. last week (early november 2015), i requested a 3X CLI and they gave it to me on the spot, no income verification. i want to get the PRG. i just have two cards right now (WF platinum visa $13k and amex BCP $12k). no baddies, 735 FICO 8 score as of october.

should i take a stab at the PRG in a couple weeks? or just wait until january to make it look like ive had my card for a year?

cheers!

Re: Applying for a second AMEX

Anonymous — Tue, 17 Nov 2015 23:04:05 GMT

@Anonymous wrote:
hi all, new to the forums!

im kinda in the same situation as the OP i guess. i got instant approved in september 2015 for my first amex (BCP) for $4k. last week (early november 2015), i requested a 3X CLI and they gave it to me on the spot, no income verification. i want to get the PRG. i just have two cards right now (WF platinum visa $13k and amex BCP $12k). no baddies, 735 FICO 8 score as of october.

should i take a stab at the PRG in a couple weeks? or just wait until january to make it look like ive had my card for a year?

cheers!

AMEX no longer "backdates" cards when reporting to the credit bureau. Any new card with them will be reported with the date you actually opened the card.

Re: Applying for a second AMEX

Anonymous — Tue, 17 Nov 2015 23:49:14 GMT

ah ok cool thanks for the quick reply! now since i just requested a CLI last week, should i still wait to apply for the PRG or does that still not matter?

Re: Applying for a second AMEX

Anonymous — Wed, 18 Nov 2015 00:53:49 GMT

@Anonymous wrote:
ah ok cool thanks for the quick reply! now since i just requested a CLI last week, should i still wait to apply for the PRG or does that still not matter?

The fact that you just received a CLI will have no bearing on your approval odds. That will be based on your current credit profile and whether or not it meets the underwriting criteria for the card.

Re: Applying for a second AMEX

Anonymous — Thu, 19 Nov 2015 08:15:44 GMT

thanks for the help guys! i got insta-approved for the PRG! they're also expediting the card too