topic AMEX PreQuals in Credit Card Applications

AMEX PreQuals

Anonymous — Wed, 27 Feb 2019 04:56:18 GMT

Ok so just for entertainment purposes I checked the Amex pre qual page. Side Note: I did check it a few weeks ago and only showed the Delta Gold. Now its showing the Delta Gold and the Green and Gold Cards. Just was wondering if the Gold Card was even a possibility for someone at my level. I thought you needed to be in the excellent credit range?

I'm not getting it now since I was just approved for the Discover IT CB. I want to take full advantage of the CB match. I was just curious if that was in the realm of possibilities for someone at my level. My siggy shows what I have. AAoA is only 3 months according to CK.

Re: AMEX PreQuals

Anonymous — Wed, 27 Feb 2019 05:02:57 GMT

AMEX charge cards (Green, Gold, and Platinum) have proven to have more relaxed approval standards than their credit cards.

Charge cards have lower risk for AMEX. They can adjust your spending limit up or down based on any number of factors. They can also approve or deny a transaction based on the same factors.

Re: AMEX PreQuals

Jnbmom — Wed, 27 Feb 2019 05:11:06 GMT

Honestly AMEX once upon a time ago used to be geared more towards the "excellent" credit group, but as of the last few years not so much.

Re: AMEX PreQuals

Anonymous — Wed, 27 Feb 2019 05:12:45 GMT

@Anonymous wrote:
AMEX charge cards (Green, Gold, and Platinum) have proven to have more relaxed approval standards than their credit cards.

Charge cards have lower risk for AMEX. They can adjust your spending limit up or down based on any number of factors. They can also approve or deny a transaction based on the same factors.

Good to know. My future goals consist of building a solid relationship with Amex. Maybe get that Platinum Card to feel extra boujee at the Starbucks counter. Its a nice feeling that those dreams may not be as far out as I thought. Back in 2009 I had a Blue card, I closed the account but it was in good standings. Hope they remember me when I do apply later down the road.

Re: AMEX PreQuals

Anonymous — Wed, 27 Feb 2019 12:10:41 GMT

They’ll not only remember you, when they issue your new card, your “member since” date will reflect your past membership.

Re: AMEX PreQuals

xaximus — Wed, 27 Feb 2019 14:21:54 GMT

Definitely is possible with your scores. AmEx used to be at one point for very good/excellent credit holders but have definitely loosened up since. Probably to expand their customer base. Also - OP - I wouldn't trust CK for anything other then real time monitoring. I believe CK doesn't calculate for closed accounts either so your AAoA may be longer then that.

Re: AMEX PreQuals

Anonymous — Wed, 27 Feb 2019 14:50:08 GMT

^^^ correct re account age, CK only factors open accounts. CK says my AAoA is 1yr 9mo. Experian says 3yrs 6mos.

Re: AMEX PreQuals

Dilbert934 — Wed, 27 Feb 2019 15:07:50 GMT

@Anonymous wrote:
Maybe get that Platinum Card to feel extra boujee at the Starbucks counter.

Is it really worth $550/yr to feel extra boujee?

Re: AMEX PreQuals

Anonymous — Wed, 27 Feb 2019 16:47:50 GMT

Absolutely not!!! Lol