topic Re: Amex in Credit Cards

Amex

Anonymous — Mon, 20 Jul 2015 20:21:07 GMT

anyway to prequalify ?

Re: Amex

Anonymous — Mon, 20 Jul 2015 20:32:19 GMT

https://www.americanexpress.com/us/credit-cards/tools/25330#!view-your-prequalified-offers

Re: Amex

NRB525 — Mon, 20 Jul 2015 20:54:55 GMT

@Anonymous wrote:
anyway to prequalify ?

Where are your FICO scores from?

Which AMEX card or cards do you have on your short list to apply for?

What other cards do you have already?

Re: Amex

Anonymous — Mon, 20 Jul 2015 21:23:21 GMT

My fico updated 715,730,730 . I have 7k available credit . Paid everything off . Had a loan for 7k that I paid in full . I don't have an Amex yet . Want to get the blue cash preferred . I was pre qualified .

Re: Amex

B335is — Mon, 20 Jul 2015 21:41:38 GMT

If you're pre qualified with Amex it's a pretty safe bet you'll be approved. Please keep us posted!

Re: Amex

Anonymous — Mon, 20 Jul 2015 22:01:27 GMT

All your credit cards reporting 0 balence??

Re: Amex

sjt — Mon, 20 Jul 2015 22:03:01 GMT

Congrats!

Keep us posted on the outcome.

Re: Amex

Anonymous — Mon, 20 Jul 2015 22:54:29 GMT

yes pif credit cards every month . It actually said they have no offers for me but reccomended 3 different cards

Re: Amex

Anonymous — Mon, 20 Jul 2015 23:00:12 GMT

Your supposed to leave like 1% balence on 1 card.

Re: Amex

taxi818 — Mon, 20 Jul 2015 23:01:17 GMT

@Anonymous wrote:
yes pif credit cards every month . It actually said they have no offers for me but reccomended 3 different cards

Dont base your decision off of that. You should be good to go. with your scores and util. with is 0. unless you have some negatives we don't know about. Amex is not the amex of old. with rigorous strict approvals. Chase and Citi much harder to get in with. Good luck. keep us posted when you are approved.

Re: Amex

sjt — Mon, 20 Jul 2015 23:11:59 GMT

@taxi818 wrote:
@Anonymous wrote:
yes pif credit cards every month . It actually said they have no offers for me but reccomended 3 different cards
Dont base your decision off of that. You should be good to go. with your scores and util. with is 0. unless you have some negatives we don't know about. Amex is not the amex of old. with rigorous strict approvals. Chase and Citi much harder to get in with. Good luck. keep us posted when you are approved.

Especially if you have low utilization, consistent on-time payments, clean credit for the past two years and no Amex default you should be fine.

Re: Amex

Anonymous — Mon, 20 Jul 2015 23:44:29 GMT

I had two 30 day late payments in 2011 and one store card charge off same year . Nothing since then

Re: Amex

taxi818 — Mon, 20 Jul 2015 23:51:20 GMT

@Anonymous wrote:
I had two 30 day late payments in 2011 and one store card charge off same year . Nothing since then

The lates being that old will have no affect. The charge off. may be an issue. but unlikely with your current scores as you have recovered.

A Couple of my friends actually have 4 year old Bk's and they were approved. Do you have any idea which card you would like with amex?. some are a little harder than others. But for best results after hearing wht you said. I would Recommend. Any Charge card. But not first. UW is the same. And you would need to Justify the AF. but for revolver. The consensus on the easiest would be The Amex ED. and The DeLta Gold. just to get your foot in the door. Good luck on what you choose.

Re: Amex

Anonymous — Tue, 21 Jul 2015 00:14:32 GMT

@Anonymous wrote:
yes pif credit cards every month . It actually said they have no offers for me but reccomended 3 different cards

You should absolutely PIF every month but the key is to get regular use out of your card. That way by the time your previous statement payment processes, you already have new charges on the card so it never dips below $0. So for example, your statement drops on 8/10 with $500 balance, due on 9/1, you charge $200 between 8/11 and 8/31, so when you make your 9/1 payment your balance is $200.

My FI did exactly the same thing (paid down to zero) and although they say it's bad to apply with 0% utilization, she was approved with AmEx. She was also prequal though, so YMMV. Amex uses different risk algorithms from many other banks, so they may be more lenient on stuff like 0% utilization, and in general they are kind to thin files if you're going for one of their entry level products.

Re: Amex

Anonymous — Tue, 21 Jul 2015 00:23:53 GMT

Yeah I use a bunch just try to pay no interest

Re: Amex

AAstra — Tue, 21 Jul 2015 00:41:18 GMT

Paying no interest is how I've always handled my lines, however, you can let a balance post to the statement and not pay interest. Just pay off the balance by the due date...this is likely all things you already know. Based on your posts, you should be good to apply for the BCP....just consider if you will spend enough to make the AF worth it. I just went with the BCE after pondering that one. Let us know how the app turns out.

Cheers!

Re: Amex

Anonymous — Tue, 21 Jul 2015 00:44:15 GMT

Yeah I spend a lot on groceries . I also want to do a venture for traveling . Those will be my two go to cards .

Re: Amex

UncleB — Tue, 21 Jul 2015 00:44:22 GMT

@dbutz1109 wrote:
Paying no interest is how I've always handled my lines, however, you can let a balance post to the statement and not pay interest. Just pay off the balance by the due date...this is likely all things you already know. Based on your posts, you should be good to apply for the BCP....just consider if you will spend enough to make the AF worth it. I just went with the BCE after pondering that one. Let us know how the app turns out.

Cheers!

I got my Green and BCP with an EX of 695 (as reported by Amex), back-to-back, one HP (app'd for Green first). I had no offers on the prequal page.

Two COs on report, both six years old. Previous Amex account IIBK7 15 years ago. Still approved (4/2015).

Go for it, I think you're golden.

Re: Amex

Anonymous — Tue, 21 Jul 2015 01:38:03 GMT

10 k..... Holy crud highest card before this was 3500

Re: Amex

Anonymous — Tue, 21 Jul 2015 01:59:51 GMT

@Anonymous wrote:
10 k..... Holy crud highest card before this was 3500

congrats!