topic Re: American Express Delta Cards in Credit Cards

American Express Delta Cards

CreditBob — Thu, 26 May 2022 20:49:17 GMT

Here is my question. I know that American Express does not like a lot of hard inquiries when you apply. In my case I will be trying to become a new member. In my situation, I have 15 hard inquiries with Experian that are due to auto loans. Two were for auto refinances & one was to trade in and purchase a new vehicle. Has anyone had any experience with this situation? What are my chances of being approved when the 15 inquiries are auto and not for credit cards?

Re: American Express Delta Cards

Trini88 — Thu, 26 May 2022 21:00:15 GMT

I got approved for my Amex with I believe 15 inquiries at the time. Many were auto and from cards I received. I did the preapproval first.

Re: American Express Delta Cards

SouthJamaica — Thu, 26 May 2022 21:06:56 GMT

@CreditBob wrote:
Here is my question. I know that American Express does not like a lot of hard inquiries when you apply. In my case I will be trying to become a new member. In my situation, I have 15 hard inquiries with Experian that are due to auto loans. Two were for auto refinances & one was to trade in and purchase a new vehicle. Has anyone had any experience with this situation? What are my chances of being approved when the 15 inquiries are auto and not for credit cards?

1. American Express is not particularly sensitive to inquiries.

2. When a person gets a bunch of inquiries within 2 weeks of each other for rate-shopping an auto loan, the whole group is aggregated into a single inquiry.

Bottom line: don't worry about it.

BTW this really belongs under "Credit Card Applications" rather than "Credit Cards" so you might want to ask the moderators to move it.

Re: American Express Delta Cards

coolandcalm — Thu, 26 May 2022 21:11:19 GMT

@CreditBob wrote:
Here is my question. I know that American Express does not like a lot of hard inquiries when you apply. In my case I will be trying to become a new member. In my situation, I have 15 hard inquiries with Experian that are due to auto loans. Two were for auto refinances & one was to trade in and purchase a new vehicle. Has anyone had any experience with this situation? What are my chances of being approved when the 15 inquiries are auto and not for credit cards?

Have you tried the "prequalify tool link".. they actually do a soft pull of your credit so they know what you've got going on

Re: American Express Delta Cards

cashorcharge — Thu, 26 May 2022 23:28:29 GMT

Agreed on using their prequal tool if you're concerned. Unlike some others, I don't recall seeing people using it to get preapproved but then not getting the card in the end...their preapprovals are solid

Re: American Express Delta Cards

coolandcalm — Fri, 27 May 2022 00:14:16 GMT

Worked for me in January 2021 for 1st card.. again in January 2022 for 2nd card.. tried for 3rd card this month, and before continuing with an application, it told me I wouldn't qualify for the promotion offered so I cancelled. Most people have reported that applications after 1st card are soft pulls.

Re: American Express Delta Cards

OmarGB9 — Fri, 27 May 2022 02:07:58 GMT

Actually Amex isn't really inquiry sensitive at all. They care more about your EX score, income, and DTI.

Re: American Express Delta Cards

CreditBob — Fri, 27 May 2022 02:15:20 GMT

Do you know what the minimum income & DTI is their cutoff between approval and being denied is?

Re: American Express Delta Cards

coolandcalm — Fri, 27 May 2022 03:05:25 GMT

@CreditBob wrote:
Do you know what the minimum income & DTI is their cutoff between approval and being denied is?

I'm not sure you'd be able to easily find that information.. but the "prequalify" process asks for your income and takes a snapshot of your credit report.. so they know what your situation is before they offer you a "preapproval"

https://card.americanexpress.com/d/pre-qualified-offers/?utm_mcid=3569615&utm_source=bing&utm_medium=cpc&utm_term=amex%20prequalify&utm_campaign=p%3AB%7Ca%3AAXCP%7C%5EB%7C%23D%7Cd%3AAmex%20PQ%20Terms%7Cm%3AExact%7Cg%3ANA%7Csid%3A12249%7Cmcid%3A3569615&utm_adgroup=amex%20prequalify%7Cp%3AB%7Ca%3AAXCP%7C%5EB%7C%23D%7Cd%3AAmex%20PQ%20Terms%7Cm%3AExact%7Cg%3ANA%7Csid%3A12249%7Cmcid%3A3569615&utm_cmpid=313030048&utm_adgid=1340304699724617&utm_tgtid=kwd-83769054886132:loc-190&utm_mt=be&utm_adid=77172135378120&utm_dvc=c&utm_ntwk=o&utm_programname=axcp&msclkid=892f5df886091c8c1bb43f68b88cd17f&utm_content=amex%20prequalify%7Cp%3AB%7Ca%3AAXCP%7C%5EB%7C%23D%7Cd%3AAmex%20PQ%20Terms%7Cm%3AExact%7Cg%3ANA%7Csid%3A12249%7Cmcid%3A3569615 AMEX Preapproval link

Re: American Express Delta Cards

OmarGB9 — Fri, 27 May 2022 13:30:00 GMT

@CreditBob wrote:
Do you know what the minimum income & DTI is their cutoff between approval and being denied is?

No one could ever tell you that for sure. You can try running the prequal as suggested, or just roll the dice and go for it and apply. Even with/without a prequal, approval isn't guaranteed.

Re: American Express Delta Cards

Mdowning30 — Fri, 27 May 2022 13:44:45 GMT

Most auto inquiries if done on the same day i was told roll into just 1, but i would try and dispute the inquiries that you dont have an open account with.

Re: American Express Delta Cards

bigseegar — Fri, 27 May 2022 14:21:09 GMT

@Mdowning30 wrote:
Most auto inquiries if done on the same day i was told roll into just 1, but i would try and dispute the inquiries that you dont have an open account with.

You can't dispute legimate INQ's and those are legit. Just because the OP went with someone else and doesn't "have an open account" with them doesn't make them any less legit or removeable

Re: American Express Delta Cards

Suzette2 — Fri, 27 May 2022 14:24:38 GMT

@CreditBob wrote:
Here is my question. I know that American Express does not like a lot of hard inquiries when you apply. In my case I will be trying to become a new member. In my situation, I have 15 hard inquiries with Experian that are due to auto loans. Two were for auto refinances & one was to trade in and purchase a new vehicle. Has anyone had any experience with this situation? What are my chances of being approved when the 15 inquiries are auto and not for credit cards?

I got approved with many auto inquiries. After a month they also gave me another of their cards.

Re: American Express Delta Cards

Brian_Earl_Spilner — Fri, 27 May 2022 14:37:18 GMT

A few things

First, Amex isn't inquiry sensitive. I was approved for two cards in the same month with close to 20 on each bureau. As for the income question, we have people here with social security as their only source of income being approved for multiple cards.

Second, binning of loan inquiries only apply to the score loss. The number of inquiries remain what they are. Also, that only applies to inquiries that are coded correctly. Depending on the lender, you could have 20 inquiries cause 1 score drop, 20 score drops, or most commonly, a mixture of the two when being shotgunned.

Third, inquiries are near impossible to dispute.

Lastly, discussion of disputing legitimate entries in ones reports is prohibited here. Please stop.

Re: American Express Delta Cards

OmarGB9 — Fri, 27 May 2022 16:34:26 GMT

@Mdowning30 wrote:
Most auto inquiries if done on the same day i was told roll into just 1, but i would try and dispute the inquiries that you dont have an open account with.

For scoring purposes, yes. But they all still show up individually. And no, you can NOT dispute a legitimate inquiry just because you were denied credit. That's not how it works, and it's also not allowed to be discussed on here.

Re: American Express Delta Cards

Trini88 — Sat, 28 May 2022 14:31:34 GMT

@Brian_Earl_Spilner wrote:
A few things

First, Amex isn't inquiry sensitive. I was approved for two cards in the same month with close to 20 on each bureau. As for the income question, we have people here with social security as their only source of income being approved for multiple cards.

Second, binning of loan inquiries only apply to the score loss. The number of inquiries remain what they are. Also, that only applies to inquiries that are coded correctly. Depending on the lender, you could have 20 inquiries cause 1 score drop, 20 score drops, or most commonly, a mixture of the two when being shotgunned.

Third, inquiries are near impossible to dispute.

Lastly, discussion of disputing legitimate entries in ones reports is prohibited here. Please stop.

For real, I have soooo many inquiries and I'm pre approved for all their cards and they keep sending me mailers and e-mails to get their Platinum and Gold cards 😆

Re: American Express Delta Cards

CreditBob — Sun, 29 May 2022 02:24:30 GMT

Hi everyone, I wanted to respond in two different answers. First, the one response in regards to the preapproval request on the American Express website is correct, no issues there. Second, the issue that I have is that the other members on this topic are assuming that I will be attempting to dispute the 15 inquiries. Please carefully read the original post. Some of the replies are inaccurate. I am going to let some of those age off after two years. Please don't attack other members because I feel that I have been crucified.

Re: American Express Delta Cards

CreditBob — Sun, 29 May 2022 02:25:56 GMT

I am going to let them age, NO disputes

Re: American Express Delta Cards

OmarGB9 — Sun, 29 May 2022 05:19:17 GMT

@CreditBob wrote:
Hi everyone, I wanted to respond in two different answers. First, the one response in regards to the preapproval request on the American Express website is correct, no issues there. Second, the issue that I have is that the other members on this topic are assuming that I will be attempting to dispute the 15 inquiries. Please carefully read the original post. Some of the replies are inaccurate. I am going to let some of those age off after two years. Please don't attack other members because I feel that I have been crucified.

I don't think anyone was attacking/crucifying you. We were just pointing out to @Mdowning30, not you, that you can't just dispute away inquiries for which you weren't approved.

Re: American Express Delta Cards

EAJuggalo — Mon, 30 May 2022 02:33:58 GMT

@SouthJamaica wrote:
@CreditBob wrote:
Here is my question. I know that American Express does not like a lot of hard inquiries when you apply. In my case I will be trying to become a new member. In my situation, I have 15 hard inquiries with Experian that are due to auto loans. Two were for auto refinances & one was to trade in and purchase a new vehicle. Has anyone had any experience with this situation? What are my chances of being approved when the 15 inquiries are auto and not for credit cards?
1. American Express is not particularly sensitive to inquiries.
2. When a person gets a bunch of inquiries within 2 weeks of each other for rate-shopping an auto loan, the whole group is aggregated into a single inquiry.

Bottom line: don't worry about it.

BTW this really belongs under "Credit Card Applications" rather than "Credit Cards" so you might want to ask the moderators to move it.

The whole group gets aggregated for scoring purposes, they are still there. And it only works if the inquiries are actually coded as auto finance. My last auto purchase the dealer shotgunned apps to a 8 different places looking for financing. Only two show up on my report as Auto finance, the others all show up as finance, personal or finance, other than personal.