topic Re: Tell me about the Amex Everyday Card..Score needed etc. in Credit Cards

Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Thu, 19 Mar 2015 03:15:19 GMT

I went to creditcard.com and used the Cardfinder to find something in my credit realm.I didnt put any info in (like I did when I did the prequalification with Cap1) Any way a screen comes on with the message "Congratulations (my name) you have qualified for this offer and it shows the Amex Everyday Card..Is this a generic message? I cant imagine I would qualify with a Transunion score of 627.Any thoughts appreciated.Thanks!

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 10:41:00 GMT

You could try...but there are people who work for amex who have a higher credit score than yours who have been denied.

Re: Tell me about the Amex Everyday Card..Score needed etc.

taxi818 — Fri, 20 Mar 2015 10:58:38 GMT

@SMOKEY2112 wrote:
You could try...but there are people who work for amex who have a higher credit score than yours who have been denied.

Listen. You can put name. SpongeBob square pants. And it will say same thing. Take anything like that with grain of salt Unless amex sent you a mailer.

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 12:23:39 GMT

I was instantly approved with a 680 EX, thin file, AAoA very short, $2500 which was then CLIed into $7000 on activation

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 12:42:06 GMT

Amex will turn down anything below 670. EX 670 is the magic number for Amex approvals. Dont get a HP on your EX for somethaing that is unlikely based upon your stats.

Re: Tell me about the Amex Everyday Card..Score needed etc.

AzaleaB — Fri, 20 Mar 2015 15:19:55 GMT

This is just marketing. If your EX score is the same as TU, you should wait until your scores are a bit higher. Don't waste the INQs. Take the recommendation from the other poster and wait for score to hit 670 or so. Yes there are some exceptions and I was an exception also but he is recommending average-case.

Re: Tell me about the Amex Everyday Card..Score needed etc.

taxi818 — Fri, 20 Mar 2015 15:24:39 GMT

@Anonymous wrote:
Amex will turn down anything below 670. EX 670 is the magic number for Amex approvals. Dont get a HP on your EX for somethaing that is unlikely based upon your stats.

Can't say that is true. As I know I got 2 amex cards with a 661. And got my cli. I even saw approval with a 635. It just depends on overall profile. Income. Assets. Etc. scores alone does not determine approval. But can help. I also saw 720 declined. How many negs. How old. All of it plays a role.

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 15:29:53 GMT

@taxi818 wrote:
@Anonymous wrote:
Amex will turn down anything below 670. EX 670 is the magic number for Amex approvals. Dont get a HP on your EX for somethaing that is unlikely based upon your stats.
Can't say that is true. As I know I got 2 amex cards with a 661. And got my cli. I even saw approval with a 635. It just depends on overall profile. Income. Assets. Etc. scores alone does not determine approval. But can help. I also saw 720 declined. How many negs. How old. All of it plays a role.

670 seems to be the general baseline but as with anything there are outliers.

Re: Tell me about the Amex Everyday Card..Score needed etc.

ADARPegasus — Fri, 20 Mar 2015 15:31:54 GMT

@Anonymous wrote:
I went to creditcard.com and used the Cardfinder to find something in my credit realm.I didnt put any info in (like I did when I did the prequalification with Cap1) Any way a screen comes on with the message "Congratulations (my name) you have qualified for this offer and it shows the Amex Everyday Card..Is this a generic message? I cant imagine I would qualify with a Transunion score of 627.Any thoughts appreciated.Thanks!

You say your Transunion score is 627. AMEX doesn't usually pull TU they usually pull EX, So what is your EX score??

Re: Tell me about the Amex Everyday Card..Score needed etc.

ojefferyo — Fri, 20 Mar 2015 17:37:12 GMT

There are lots of members on here that have received an AMEX with scores that are less than 670

Re: Tell me about the Amex Everyday Card..Score needed etc.

toothgrind3r — Fri, 20 Mar 2015 17:42:21 GMT

I got my first ever Amex (HHonors) and my second (SPG) a couple of months later, both with an EX around 655.

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 17:46:25 GMT

If your EX is similar to your TU, unless your profile is very thin and very clean that's kind of iffy.

Try the prequal page directly at AMEX before you go in based on a third party. CreditCards.com recommends cards I know for a fact I don't qualify for so take its suggestions with a grain of salt.

The WalletUp app is nifty though.

Re: Tell me about the Amex Everyday Card..Score needed etc.

Ups77 — Fri, 20 Mar 2015 17:50:43 GMT

They always pull ex. I would say best bet to be over 700 to be sure. But that's my opinion. I'm over 725 on all three scores when I went to there prequalify I wasn't approved for anything. I applied anyway and received bcp 21000$ cl. So,who knows. I think they list cards you would like.

Re: Tell me about the Amex Everyday Card..Score needed etc.

Shelly13 — Fri, 20 Mar 2015 18:01:49 GMT

Amex approved me with my EX score at 658 with derogs and collections showing. However, about 1 year ago I applied and was denied so I watied a year and worked with the current cards I had. Second time around I was approved (a year later). Like everyone said here I would wait until you can get your scores higher as your chances would increase. Maybe see how your feeling in about 6 months - a year?

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 19:19:04 GMT

I was sent a "pre-qualified" letter in the mail when I app'd. At the time, my EX was 735 and my only active card was a secured Visa ($1.5k) that I had for about 4-5 months.

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 19:55:44 GMT

Thanks for the info guys!

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 20:29:46 GMT

Dont let your score put you off. I dont have the highest FICO or Income and I was approved for a 5k limit about a week ago. I have a relatively slim file with only 2 previous cards. My score was around 673 when I applied.

If you dont have a big purchase on the horizon, why not go for it. American Express is a great card that can grow with you.

Hoping for an approval!

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 21:54:58 GMT

Thanks everyone for the responses! Yes its hard establishing credit when you cant get a foot in the door.I am going to wotk with the one,the only one that I have which is a Cpaital One and build from there.Thanks everyone

Re: Tell me about the Amex Everyday Card..Score needed etc.

joeyoey — Fri, 20 Mar 2015 22:17:59 GMT

I don't think there's such a thing as a "magic number". AMEX looks as several things...your score, your income, & the rest of your file to come up with some internal score they use for approvals & limits. I got approved back in Oct. with a 640.

Re: Tell me about the Amex Everyday Card..Score needed etc.

Anonymous — Fri, 20 Mar 2015 22:30:45 GMT

Congrats on your approval!