topic Re: Approval for Amex Account? in Credit Cards

Approval for Amex Account?

BBYGRL — Sun, 28 Oct 2007 23:40:21 GMT

What are my chances of being approved for a AMEX account after 2 Amaex charge-offs were removed from my account this month? My FICO scores are TU-735, EQ-718, EX-730. The only derogs I have are some 2 year-old lates on a closed PIF Discover Card. Should I bother?

Re: Approval for Amex Account?

SonorityGenius — Sun, 28 Oct 2007 23:44:06 GMT

You said you had 2 Amex derogs?

Amex is VERY stringent on past history - but if your scores are over 730 ymnv..

Apply for the most easiest amex to get - the Delta, and than convert it to Blue would be my advise.

Re: Approval for Amex Account?

BBYGRL — Sun, 28 Oct 2007 23:51:29 GMT

Sorry about the typo. Yes, I had 2 Amex charge-offs fall off my CRs this month. Should I wait at least 6 months before trying? I my job is requesting that I get a corporate card for my travel expenses. I'm not sure if Amex has black balled me given our history.

Re: Approval for Amex Account?

fused — Mon, 29 Oct 2007 00:50:37 GMT

Call Amex and go for an Oasis card. This card is specifically for those who defaulted with Amex. Some at this forum have posted this is the best way to reestablish a relationship with Amex.

Re: Approval for Amex Account?

haulingthescoreup — Mon, 29 Oct 2007 00:54:43 GMT

And if this is the one that I am thinking about, the very cool thing is that once you meet their conditions, they report your new card with the history starting from way back when. This is HUGE if you are credit-length-history challenged.

Re: Approval for Amex Account?

fused — Mon, 29 Oct 2007 00:57:03 GMT

haulingthescoreup wrote:
And if this is the one that I am thinking about, the very cool thing is that once you meet their conditions, they report your new card with the history starting from way back when. This is HUGE if you are credit-length-history challenged.

Heck, Noah's DW even had the original baddie with Amex deleted when she signed up for the Oasis card.

Re: Approval for Amex Account?

Anonymous — Mon, 29 Oct 2007 01:18:49 GMT

BBYGRL wrote:
Sorry about the typo. Yes, I had 2 Amex charge-offs fall off my CRs this month. Should I wait at least 6 months before trying? I my job is requesting that I get a corporate card for my travel expenses. I'm not sure if Amex has black balled me given our history.

For your company's corp card, you won't be able to use the Oasis, but AMEX is a little less stringent on corp cards (at least with my staff). They may set a spending limit - like $8k but most likely will approve.

Carol

Re: Approval for Amex Account?

fused — Mon, 29 Oct 2007 01:38:42 GMT

Amex is notorious for blacklisting. But hey, Oasis is the way to go!

Re: Approval for Amex Account?

BBYGRL — Mon, 29 Oct 2007 03:43:51 GMT

Thanks everyone! I anticipate Amex will give me a hard time given my history with them. I'll let my company deal with them. My FICO scores should help. Hopefully. I'll let you know what happens.

Re: Approval for Amex Account?

BBYGRL — Wed, 31 Oct 2007 23:00:19 GMT

Update -

I applied for a BofA Rewards American Express Card as was approved for $2,500. I guess this is the closest I will get to an Amex Card. I'll take it!

Re: Approval for Amex Account?

Anonymous — Wed, 31 Oct 2007 23:37:46 GMT

double prime, congrats!

Re: Approval for Amex Account?

Anonymous — Thu, 01 Nov 2007 00:17:04 GMT

World Points - that's nice. Did you notice any special intro offer? Be careful because BoA is starting to phase out the "max" portion of BT and Cash Advance 0% offers. Still, if you're paying down credit balances with a high percentage, an upfront 3% fee may well be worth it!

Congrats!

Carol

BBYGRL wrote:
Update -
I applied for a BofA Rewards American Express Card as was approved for $2,500. I guess this is the closest I will get to an Amex Card. I'll take it!

Re: Approval for Amex Account?

BBYGRL — Thu, 01 Nov 2007 01:01:47 GMT

Thank you. My CC balances are below 10% so I'm not planning on doing BTs. I did that years ago and it was a disaster. I don't trust myself enough to do that again. The 0% interest for 12 billing cycles and the world points are definitely perks. So it's double prime hua? Well alright!

Always be encouraged!

Re: Approval for Amex Account?

Anonymous — Thu, 01 Nov 2007 03:03:12 GMT

Can you get the Oasis card if you include AMex in Bk back in 98?

Re: Approval for Amex Account?

haulingthescoreup — Thu, 01 Nov 2007 03:07:22 GMT

@Anonymous wrote:
Can you get the Oasis card if you include AMex in Bk back in 98?

I'd say call and ask.