topic Re: When should I apply for AMEX? in Credit Card Applications

When should I apply for AMEX?

skorpyo3 — Wed, 29 Apr 2015 07:23:50 GMT

When do you think I should apply for AMEX? My stats are in my signature. This would be the last card I'd want.(I think! lol) I'm sure I'll have to wait a long time. My BK was discharged 11/2012. I started rebuilding mid 2013, but closed a few of my starter cards, as I qualified for much better cards. Any advise or help would be greatly appreciated. I am grateful for my Fico buddies! EQ & EX scores were about 15-20 points higher a few weeks ago before my app spree. I should be near 700 by the end of this year.

Re: When should I apply for AMEX?

Anonymous — Wed, 29 Apr 2015 07:47:08 GMT

probably could've added it on during your app spree, but now that its over, i'd probably wait 6-12 months to let your scores boost up a bit. but its your perogative OP

Re: When should I apply for AMEX?

skorpyo3 — Wed, 29 Apr 2015 07:48:23 GMT

Even with bk? I understood they weren't too bk friendly.

Re: When should I apply for AMEX?

Anonymous — Wed, 29 Apr 2015 09:34:02 GMT

@skorpyo3 wrote:
Even with bk? I understood they weren't too bk friendly.

Try a pre qual. What do you have to lose.

Re: When should I apply for AMEX?

Anonymous — Wed, 29 Apr 2015 10:51:51 GMT

Note, with prequal they could be pulling scores that are older. I would probably wait until my accounts hit my CR and age out.

Re: When should I apply for AMEX?

Anonymous — Wed, 29 Apr 2015 11:56:36 GMT

@skorpyo3 wrote:
Even with bk? I understood they weren't too bk friendly.

The key question - was Amex included in the bankruptcy?

Re: When should I apply for AMEX?

skorpyo3 — Wed, 29 Apr 2015 14:02:41 GMT

@Yes-Its-Me, Not included in BK.

Re: When should I apply for AMEX?

Anonymous — Wed, 29 Apr 2015 14:24:13 GMT

@skorpyo3 wrote:
@Anonymous, Not included in BK.

Ok.. If you just did an app spree, then give it a few more months for your new accounts and inquiries to age, score a bit up before applying.

Re: When should I apply for AMEX?

tonyjones — Wed, 29 Apr 2015 14:38:16 GMT

They are derog friendly, I got approved for both BCE/Everyday with six derogs (one CO, and five paid collection closed).

Re: When should I apply for AMEX?

skorpyo3 — Wed, 29 Apr 2015 23:14:18 GMT

Thank you for your responses! I'll app next year some time. I'm making that garden real green at the moment.

Re: When should I apply for AMEX?

Creditwiser — Wed, 29 Apr 2015 23:20:27 GMT

@tonyjones wrote:
They are derog friendly, I got approved for both BCE/Everyday with six derogs (one CO, and five paid collection closed).

I would agree from other threads I have read. However, Derog friendly is one thing, BK friendly is a horse of a different color entirely. I think for us BK folks, the least seems to be 5yrs post Disch. Some others have said 8 yrs. I just dont know and Im not close to any of those timeframes.