topic Re: How Long Between AMEX Applications? in Credit Card Applications

How Long Between AMEX Applications?

Queen_Etherea — Thu, 18 Oct 2018 16:56:13 GMT

Hello again everyone!

I was wondering how long you have to wait between applications for AMEX. I opened the Blue Cash Everyday card about 28 days ago (still hasn't reported), but I was looking at their cards and would REALLY like to apply for the Blue Cash Preffered. I tried applying yesterday, but they gave me an instant denial, stating my account was not eligible at this time. It wasn't a hard pull, so I'm thankful for that. I have enough hard pulls from buying my car on Saturday and I'm still getting hard pulls from the dealership!

Also, do they require you to have better credit scores for that type of card? Mine are in the higher 600's, so I'm guessing I wouldn't really qualify. I've checked the pre-qual site a few times and nothing comes up. I think it's best that I let all these new cards I have settle first. I was approved for like 7 new cards last month, so I think it's a good time to stop...

But I would still like to know how long you have to wait between applications. I see plenty of people on here with multiple AMEX cards, or Cap 1 cards, so I'm just wondering how people go about getting multiple cards from the same credit card company.

Re: How Long Between AMEX Applications?

Zolomon — Thu, 18 Oct 2018 17:18:08 GMT

I like to wait a minimum of 3 months before applying for a card from the same bank. I have no time frame for applying for two cards from separate banks. I applied for the Amex Gold and Chase Sapphire Preferred a week apart back in January.

Re: How Long Between AMEX Applications?

Queen_Etherea — Thu, 18 Oct 2018 17:42:51 GMT

@Zolomon wrote:
I like to wait a minimum of 3 months before applying for a card from the same bank. I have no time frame for applying for two cards from separate banks. I applied for the Amex Gold and Chase Sapphire Preferred a week apart back in January.

I'd say 3 months is a good amount of time. That way, you can show responsible payment history/usage with the card for those months. I'm hoping my credit will increase a little more by then as well. I took a little bit of a hit due to all my accounts reporting a balance (all really small balances), but I didn't know Synchrony was going to report so quickly. I hadn't even had my cards for 30 days before they reported! I've paid everything to $0, so I'm just waiting for that to update. Now that I know the reporting dates, I can keep track of what cards to use and when to pay them off by.

Re: How Long Between AMEX Applications?

TyRacing — Thu, 18 Oct 2018 20:03:02 GMT

90 days

Re: How Long Between AMEX Applications?

Anonymous — Thu, 18 Oct 2018 20:17:05 GMT

@Queen_Etherea wrote:
Hello again everyone!

I was wondering how long you have to wait between applications for AMEX. I opened the Blue Cash Everyday card about 28 days ago (still hasn't reported), but I was looking at their cards and would REALLY like to apply for the Blue Cash Preffered. I tried applying yesterday, but they gave me an instant denial, stating my account was not eligible at this time. It wasn't a hard pull, so I'm thankful for that. I have enough hard pulls from buying my car on Saturday and I'm still getting hard pulls from the dealership!

Also, do they require you to have better credit scores for that type of card? Mine are in the higher 600's, so I'm guessing I wouldn't really qualify. I've checked the pre-qual site a few times and nothing comes up. I think it's best that I let all these new cards I have settle first. I was approved for like 7 new cards last month, so I think it's a good time to stop...

But I would still like to know how long you have to wait between applications. I see plenty of people on here with multiple AMEX cards, or Cap 1 cards, so I'm just wondering how people go about getting multiple cards from the same credit card company.

Amex typically does not report a new account until two statement cuts so depending on the Statement Close date it can sometimes be more than two months before they report.

Given that you stated your scores were in the "higher 600s", its quite likely that you got a "toy" limit on your BCE or you were placed in Amex's version of "credit steps." So its highly unlikely they will approve another card until your Experian score exceeds 670 which is the threshold between "subprime" and Good credit scores. If you were approved for 7 cards and bought a car your scores will drop for the next few months due to the inquiries and new account(s) penalty caused by lowering your Average Age of Accounts and resetting your Age of Youngest Account to 0. So it seems to me that it will be a while before your score climbs above 670; probably much longer than 90 days.

People with multiple Amex cards usually have the credit profile, credit scores, and income to enable those approvals.

Re: How Long Between AMEX Applications?

jdbkiang — Fri, 19 Oct 2018 02:11:53 GMT

It really depends on your situation. If this is your first card with Amex, it’ll be harder. But if you have established history with them, waiting even a month or apping for 2 the same day could work.

Re: How Long Between AMEX Applications?

Jnbmom — Fri, 19 Oct 2018 02:14:51 GMT

And by waiting to apply, you will be established with them and you can then see cards you are preappoved for and it will be a SP

Re: How Long Between AMEX Applications?

Anonymous — Sat, 20 Oct 2018 03:13:04 GMT

Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.

Re: How Long Between AMEX Applications?

Anonymous — Sat, 20 Oct 2018 03:28:06 GMT

@Anonymous wrote:
Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.

The OP applied for the BCP yesterday and got an instant denial. If you look at her signature her current Amex has a $500 credit limit so she is in Amex's version of "credit steps." That means it is very unlikely that they will approve her for another credit card for the next few months.

Re: How Long Between AMEX Applications?

Brian_Earl_Spilner — Sat, 20 Oct 2018 03:26:35 GMT

@Anonymous wrote:
Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.

What about the amex everydays? And won't there be another hp if there's no pre-approval?

Re: How Long Between AMEX Applications?

jdbkiang — Sat, 20 Oct 2018 03:44:20 GMT

@Brian_Earl_Spilner wrote:
@Anonymous wrote:
Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.
What about the amex everydays? And won't there be another hp if there's no pre-approval?

The first thing I'd do is to check for pre-approval. Simply log-in, go to cards, and click apply now. The website will then tell you if you're pre-approved. Amex USUALLY doesn't hard pull when you already have an account with them, pre-approved or not.

Re: How Long Between AMEX Applications?

Brian_Earl_Spilner — Sat, 20 Oct 2018 03:55:42 GMT

@jdbkiang wrote:
@Brian_Earl_Spilner wrote:
@Anonymous wrote:
Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.
What about the amex everydays? And won't there be another hp if there's no pre-approval?
The first thing I'd do is to check for pre-approval. Simply log-in, go to cards, and click apply now. The website will then tell you if you're pre-approved. Amex USUALLY doesn't hard pull when you already have an account with them, pre-approved or not.

Yeah, if pre-approved there's no HP, but I thought it was a SP for "expand your membership", then a HP to confirm the report hasn't changed?

Re: How Long Between AMEX Applications?

jdbkiang — Sat, 20 Oct 2018 04:15:19 GMT

@Brian_Earl_Spilner wrote:
@jdbkiang wrote:
@Brian_Earl_Spilner wrote:
@Anonymous wrote:
Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.
What about the amex everydays? And won't there be another hp if there's no pre-approval?
The first thing I'd do is to check for pre-approval. Simply log-in, go to cards, and click apply now. The website will then tell you if you're pre-approved. Amex USUALLY doesn't hard pull when you already have an account with them, pre-approved or not.

Yeah, if pre-approved there's no HP, but I thought it was a SP for "expand your membership", then a HP to confirm the report hasn't changed?

No. Typically, it's an SP either way. Pre-approved or not. Some apply through incognito mode and have to fill out their info manually. Still SP.

I'm not saying there's a hard rule, but it's happened often enough that you can expect it. I'd be surprised to Amex do an HP on me unless I had a unique profile.

Re: How Long Between AMEX Applications?

jdbkiang — Sat, 20 Oct 2018 22:06:56 GMT

Also just wanted to add—their pre approval system is kind of glitchy. Or at least it was for me. I checked if I was pre-approved in my account for the Gold card, and I wasn’t. In fact, I was pre approved for every single card that WASN’T a charge card. Then I checked incognito, and the ONLY card it showed me bring pre qualified for the gold card with the 50K bonus.

Re: How Long Between AMEX Applications?

Anonymous — Mon, 22 Oct 2018 02:04:45 GMT

I have had the Delta Amex Gold card for 2 months now. I checked the pre-approval page and it shows me pre-approved for the new Amex Gold. Should I wait another 30 days or if it shows that I am pre-approved does that mean my odds are good to apply now?

Re: How Long Between AMEX Applications?

jdbkiang — Mon, 22 Oct 2018 08:18:45 GMT

@Anonymous wrote:
I have had the Delta Amex Gold card for 2 months now. I checked the pre-approval page and it shows me pre-approved for the new Amex Gold. Should I wait another 30 days or if it shows that I am pre-approved does that mean my odds are good to apply now?

2 months between apps should be fine.

Re: How Long Between AMEX Applications?

Queen_Etherea — Mon, 22 Oct 2018 14:00:49 GMT

@Anonymous wrote:
Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.

I applied the same day I made this post and was denied. They stated that my account wasn't eligible since I opened an account with them recently. This is my first AMEX card and they only gave me a $500 limit, so I'll probably have to wait quite a while. It's not like I NEED the card, but the rewards are very appealing.

Re: How Long Between AMEX Applications?

Queen_Etherea — Mon, 22 Oct 2018 14:02:34 GMT

@Anonymous wrote:
@Anonymous wrote:
Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.

The OP applied for the BCP yesterday and got an instant denial. If you look at her signature her current Amex has a $500 credit limit so she is in Amex's version of "credit steps." That means it is very unlikely that they will approve her for another credit card for the next few months.

I've been told I might be in their version of credit steps, but people who were put into that usually received an email or letter stating they were. I never received any such email. Not saying it's impossible, but maybe I should call them and ask?

Re: How Long Between AMEX Applications?

Queen_Etherea — Mon, 22 Oct 2018 14:04:06 GMT

@Brian_Earl_Spilner wrote:
@Anonymous wrote:
Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.
What about the amex everydays? And won't there be another hp if there's no pre-approval?

Not necessarily. It wasn’t a hard pull on my credit when I applied. I knew that going in, so I didn’t mind trying.

Re: How Long Between AMEX Applications?

Anonymous — Mon, 22 Oct 2018 14:36:48 GMT

@Queen_Etherea wrote:
@Anonymous wrote:
@Anonymous wrote:
Apply today. The BCE and BCP should have the same qualifications. So if they approve you for one they should approve you for the other. I got my first 4 Amex cards in a 2 month period. 2 Charge and 2 Credit cards. You can only get 2 credit cards in 90 days. But since you only have one you can get another fine today.

The OP applied for the BCP yesterday and got an instant denial. If you look at her signature her current Amex has a $500 credit limit so she is in Amex's version of "credit steps." That means it is very unlikely that they will approve her for another credit card for the next few months.
I've been told I might be in their version of credit steps, but people who were put into that usually received an email or letter stating they were. I never received any such email. Not saying it's impossible, but maybe I should call them and ask?

You can always call and ask; just don't mention "credit steps" because that's not the official name of the program. In fact I'm not even sure that Amex has a name for it; some CSRs are even unaware that it exists. You can ask if you're on a probationary or trial period or words to that effect.