topic Re: Want to get AMEX in Credit Cards

Want to get AMEX

Anonymous — Sun, 11 Oct 2015 17:32:53 GMT

hello all, I need to know if I should apply for Amex delta skymiles....I always wanted bluecash but I know I don't have a shot yet .

heres my credit and income situation

all FICO 8 scores

EQ. 616

TU. 627

EX. 621

last baddie according to FICO was Verizon wireless oct of 2013. And 2 medical collections 13 months ago

income last year was 54000

Re: Want to get AMEX

Anonymous — Sun, 11 Oct 2015 23:26:41 GMT

Scores little low i think

Re: Want to get AMEX

Anonymous — Sun, 11 Oct 2015 23:32:36 GMT

AMX will typically issue either a green or blue card when your score is 650 plus. I have found that they have gotten more lenient than they use to be on credit scores. They will not issue anything if you have lates or charge offs within 3 years. I would call them and explain your situation and see if they could help. I had a green card for 15 years before my divorce in 02 and cancelled it. I got another one in 2011 and it has probably been the best single card I have for boosting my score. Best of luck

Re: Want to get AMEX

Anonymous — Sun, 11 Oct 2015 23:58:53 GMT

I just got approved for Gold Delta SkyMiles the other day...

My current Fako scores according to Experian are 646 (EX), 642 (TU), 636 (EQ), I have a few baddies (charge-offs & colllections) in my credit file from 4-6 years ago (thank you great recession of 2008/2009), and between 70%-80% utilization.

I dont know if it makes a difference or not but they kept sending me emails telling me to apply & I'm "Preapproved" for multiple charge cards on their preapproval site.

Re: Want to get AMEX

Anonymous — Mon, 12 Oct 2015 04:53:32 GMT

@Anonymous wrote:
hello all, I need to know if I should apply for Amex delta skymiles....I always wanted bluecash but I know I don't have a shot yet .

heres my credit and income situation
all FICO 8 scores

EQ. 616
TU. 627
EX. 621

last baddie according to FICO was Verizon wireless oct of 2013. And 2 medical collections 13 months ago
income last year was 54000

Well their charge cards have similar underwriting, should be slightly easier to get approved for vs a revolver...although more folks get delta gold, than not.

You could always use the same HP and first app for delta gold (make sure you get the best offer available as the regular 30k, u can almost always get 35k plus $50, but most folks are getting 50k miles bonus) and if denied, then app for the prg 50k offer via incognitio window. Although the AF may not be for you. Why not grab both, get 100k delta miles in the process, $250 in delta gift cards..downgrade to green card next year if its not for you.

I have to say, your scores are marginal for approval though. I would wait until your experian is at least 650-675....but sometimes the only way to get approved is to get denied, and find out what you need to work on.

Re: Want to get AMEX

red259 — Mon, 12 Oct 2015 05:42:28 GMT

@Anonymous wrote:
@Anonymous wrote:
hello all, I need to know if I should apply for Amex delta skymiles....I always wanted bluecash but I know I don't have a shot yet .

heres my credit and income situation
all FICO 8 scores

EQ. 616
TU. 627
EX. 621

last baddie according to FICO was Verizon wireless oct of 2013. And 2 medical collections 13 months ago
income last year was 54000
Well their charge cards have similar underwriting, should be slightly easier to get approved for vs a revolver...although more folks get delta gold, than not.

You could always use the same HP and first app for delta gold (make sure you get the best offer available as the regular 30k, u can almost always get 35k plus $50, but most folks are getting 50k miles bonus) and if denied, then app for the prg 50k offer via incognitio window. Although the AF may not be for you. Why not grab both, get 100k delta miles in the process, $250 in delta gift cards..downgrade to green card next year if its not for you.

I have to say, your scores are marginal for approval though. I would wait until your experian is at least 650-675....but sometimes the only way to get approved is to get denied, and find out what you need to work on.

I don't think OP needs to be denied to see what needs to be worked on. Its fairly obvious what is holding the scores down and time is what is likely needed. To the OP why do you need an amex delta card? You started off saying you want the blue cash. There is no point in applying for a card that you don't need, since amex backdating is no more. With somewhat recent collections and score on the low side I think an app may be risky. There may be other cards you can get that would help build up your credit history and you could come back to amex later.

Re: Want to get AMEX

SouthJamaica — Mon, 12 Oct 2015 12:13:38 GMT

@Anonymous wrote:
hello all, I need to know if I should apply for Amex delta skymiles....I always wanted bluecash but I know I don't have a shot yet .

heres my credit and income situation
all FICO 8 scores

EQ. 616
TU. 627
EX. 621

last baddie according to FICO was Verizon wireless oct of 2013. And 2 medical collections 13 months ago
income last year was 54000

I have the card. My score was probably around 680 when I got it. I didn't care for the card, made no real use of it, paid an annual fee for nothing, had low limit and never CLI'd it, had no balance transfers, pc'd it after 13 months to something else.

Re: Want to get AMEX

takeshi74 — Mon, 12 Oct 2015 14:19:35 GMT

@Anonymous wrote:
hello all, I need to know if I should apply for Amex delta skymiles....I always wanted bluecash but I know I don't have a shot yet .

Whether you should or not isn't simply a matter of whether or not you might get approved. Your needs/wants determine the cards that suit you and there's no such information in your OP. The Skymiles and Blue Cash (which one?) are very different cards. Step back and outline your requirements for us if you want recommendations. Have you run the numbers for your spend to assess the rewards programs?

@Anonymous wrote:
last baddie according to FICO was Verizon wireless oct of 2013. And 2 medical collections 13 months ago
income last year was 54000

As always, if you have derogs then work on addressing them as they can have a signficant negative impact and hold you down. Hit the Rebuilding subforum and carefully research before taking action.

Re: Want to get AMEX

kdm31091 — Mon, 12 Oct 2015 14:30:24 GMT

There is no need to "be denied to know what to work on". Credit education is pretty easy to be had on sites like this and throughout the Internet. It is obvious what holds your score down in most cases. You can figure it out without apping for something you don't need.

As far as the actual card, if you wait you can likely get what you want (Blue Cash) instead of settling for Skymiles just because you think you can get it. Unless you are a Delta devotee and flying on it very often, the Skymiles is not regarded as an especially useful card.

Re: Want to get AMEX

Anonymous — Mon, 12 Oct 2015 14:48:04 GMT

I'm sorry, I guess I wasnt clear. I mean they need to get their scores up first, NOT apply now.

Re: Want to get AMEX

Anonymous — Mon, 12 Oct 2015 15:17:32 GMT

So say I apply for an amex with annual fee I can always downgrade before I have to pay the fee next year? Ie: preferred blue cash to regular blue cash

Re: Want to get AMEX

Anonymous — Mon, 12 Oct 2015 16:59:27 GMT

@Anonymous wrote:
So say I apply for an amex with annual fee I can always downgrade before I have to pay the fee next year? Ie: preferred blue cash to regular blue cash

No. You have to keep it for 13 statements. Then get the fee refunded after you change.

Re: Want to get AMEX

red259 — Mon, 12 Oct 2015 18:30:21 GMT

@Anonymous wrote:
@Anonymous wrote:
So say I apply for an amex with annual fee I can always downgrade before I have to pay the fee next year? Ie: preferred blue cash to regular blue cash
No. You have to keep it for 13 statements. Then get the fee refunded after you change.

+1 and you will not get the full amount back. It will be prorated so you will get most the AF back.