topic Re: Is Amex inquiry sensitive on new applications? in Credit Card Applications

Is Amex inquiry sensitive on new applications?

12njoy — Sun, 03 May 2015 01:50:01 GMT

I reached my maximum card limit with Amex in 2013. I've reallocated my credit line to focus on two BCP cards. That left me with two $500 Amex cards. I'm considering closing those two and apping for another Amex card. I have 26 Inquries on EX. My payment history has been great with Amex and they have made plenty of fees from merchants from my usage of the PRG card. Any thoughts?

Re: Is Amex inquiry sensitive on new applications?

CreditCuriosity — Sun, 03 May 2015 01:54:02 GMT

@12njoy wrote:
I reached my maximum card limit with Amex in 2013. I've reallocated my credit line to focus on two BCP cards. That left me with two $500 Amex cards. I'm considering closing those two and apping for another Amex card. I have 26 Inquries on EX. My payment history has been great with Amex and they have made plenty of fees from merchants from my usage of the PRG card. Any thoughts?

IMO Amex isn't inquiry sensitive at all.. They will tack it on to a list of denial if they don't want to approve you, but won't be the reason why a denial would happen

Re: Is Amex inquiry sensitive on new applications?

12njoy — Sun, 03 May 2015 01:58:51 GMT

@CreditCuriousity wrote:
@12njoy wrote:
I reached my maximum card limit with Amex in 2013. I've reallocated my credit line to focus on two BCP cards. That left me with two $500 Amex cards. I'm considering closing those two and apping for another Amex card. I have 26 Inquries on EX. My payment history has been great with Amex and they have made plenty of fees from merchants from my usage of the PRG card. Any thoughts?
IMO Amex isn't inquiry sensitive at all.. They will tack it on to a list of denial if they don't want to approve you, but won't be the reason why a denial would happen

Thanks. I think I'm going to try this once I pay off my BCP since I'll only be losing $500 with the potential of hopefully gaining so much more.

Re: Is Amex inquiry sensitive on new applications?

Anonymous — Sun, 03 May 2015 02:28:45 GMT

@CreditCuriousity wrote:

IMO Amex isn't inquiry sensitive at all.. They will tack it on to a list of denial if they don't want to approve you, but won't be the reason why a denial would happen

+1. I got an Amex ED ($5,000 CL) with something like 15 inqs on my EX.

Re: Is Amex inquiry sensitive on new applications?

B335is — Sun, 03 May 2015 07:35:05 GMT

I also havent noticed Amex as inq sensitive for new accounts. However they take notice of other new accounts when it comes to CLI so if I could manage to garden for 6 months would probably have better results on that front.

Re: Is Amex inquiry sensitive on new applications?

Anonymous — Sun, 03 May 2015 08:26:33 GMT

@12njoy wrote:
@CreditCuriousity wrote:
@12njoy wrote:
I reached my maximum card limit with Amex in 2013. I've reallocated my credit line to focus on two BCP cards. That left me with two $500 Amex cards. I'm considering closing those two and apping for another Amex card. I have 26 Inquries on EX. My payment history has been great with Amex and they have made plenty of fees from merchants from my usage of the PRG card. Any thoughts?
IMO Amex isn't inquiry sensitive at all.. They will tack it on to a list of denial if they don't want to approve you, but won't be the reason why a denial would happen
Thanks. I think I'm going to try this once I pay off my BCP since I'll only be losing $500 with the potential of hopefully gaining so much more.

+1. Good thinking!

Re: Is Amex inquiry sensitive on new applications?

chalupaman — Sun, 03 May 2015 12:47:15 GMT

Normally not but still wise to be careful. They have done CLDs to people before.

Re: Is Amex inquiry sensitive on new applications?

Kostya1992 — Sun, 03 May 2015 20:41:21 GMT

How INQ sensitive is AMEX in comparison to BoA when it comes to new accounts?

Re: Is Amex inquiry sensitive on new applications?

orestrus — Sun, 03 May 2015 20:44:03 GMT

Kostya, mne dali s 15-u zaprosami

Re: Is Amex inquiry sensitive on new applications?

Kostya1992 — Sun, 03 May 2015 20:59:40 GMT

BoA? How old were the inqs?

Re: Is Amex inquiry sensitive on new applications?

tonyjones — Sun, 03 May 2015 22:48:08 GMT

I agree, AMEX is not sensitive at all. I got approved for BCE and Everyday with over 20+ inquiries on EX.

Now Citibank on the other hard is very sensitive along with BofA.

Re: Is Amex inquiry sensitive on new applications?

Kostya1992 — Sun, 03 May 2015 23:31:49 GMT

@tonyjones wrote:
I agree, AMEX is not sensitive at all. I got approved for BCE and Everyday with over 20+ inquiries on EX.

Now Citibank on the other hard is very sensitive along with BofA.

How sensative would BofA be to 7 inqs on EX all which are a year old, most 1.5+ years old?

Re: Is Amex inquiry sensitive on new applications?

12njoy — Mon, 04 May 2015 00:05:59 GMT

I went ahead and took the plunge and closed the Bue Cash Everyday and applied for the Hilton Honors Surpass since I already had the SPG previously. Amex used to say if you had the product in the last 12 months you were not eligible for the signup bonus. Now Amex said if you've ever had the product, you're not eligible for the signup bonus. Since I had the SPG (the card I wanted) previously, I opted not to go for it this time. Anyhow, I didn't get approved. It just says they'll let me know once they make a decision. No HP either so it sounds like a denial on a SP. No harm, no foul.

Re: Is Amex inquiry sensitive on new applications?

Anonymous — Mon, 04 May 2015 00:13:55 GMT

@12njoy wrote:
I went ahead and took the plunge and closed the Bue Cash Everyday and applied for the Hilton Honors Surpass since I already had the SPG previously. Amex used to say if you had the product in the last 12 months you were not eligible for the signup bonus. Now Amex said if you've ever had the product, you're not eligible for the signup bonus. Since I had the SPG (the card I wanted) previously, I opted not to go for it this time. Anyhow, I didn't get approved. It just says they'll let me know once they make a decision. No HP either so it sounds like a denial on a SP. No harm, no foul.

Did you check the application status page?

Re: Is Amex inquiry sensitive on new applications?

12njoy — Mon, 04 May 2015 00:17:36 GMT

@Anonymous wrote:
@12njoy wrote:
I went ahead and took the plunge and closed the Bue Cash Everyday and applied for the Hilton Honors Surpass since I already had the SPG previously. Amex used to say if you had the product in the last 12 months you were not eligible for the signup bonus. Now Amex said if you've ever had the product, you're not eligible for the signup bonus. Since I had the SPG (the card I wanted) previously, I opted not to go for it this time. Anyhow, I didn't get approved. It just says they'll let me know once they make a decision. No HP either so it sounds like a denial on a SP. No harm, no foul.
Did you check the application status page?

LOL, yes. It's unreliable in my case since all my amex apps still show "In Progress" from 2013/2014. Don't know how that is but that's how they show even though I was approved. I'm betting this one will be a denial though because no HP on EX.

Re: Is Amex inquiry sensitive on new applications?

12njoy — Mon, 04 May 2015 00:19:10 GMT

Does Amex do instant or internet denials via their application status?

Re: Is Amex inquiry sensitive on new applications?

12njoy — Mon, 04 May 2015 00:21:16 GMT

I suppose it's possible that their system registered me with four cards when I applied because I applied at about 11:30pm Saturday and I didn't receive an email from Amex stating that my BCE closure was processed until 5:00am this morning (Sunday).

Re: Is Amex inquiry sensitive on new applications?

12njoy — Mon, 04 May 2015 00:24:19 GMT

05/02/15

THE HILTON HHONORS(R) SURPASS CARD FROM AMERICAN EXPRESS

In Progress

We will notify you once your application has been processed, or if we need additional information. If you wish to view an electronic communication of your decision details once we have made a decision, click here

Re: Is Amex inquiry sensitive on new applications?

CreditCuriosity — Mon, 04 May 2015 00:34:40 GMT

Yes it would showed if denied by online app page.

Re: Is Amex inquiry sensitive on new applications?

CreditCuriosity — Mon, 04 May 2015 00:36:19 GMT

What is the limit 4 revolvers with Amex?