topic Re: Who here has the AmEx Clear Card and do you have Excellent Credit? in Credit Cards

Who here has the AmEx Clear Card and do you have Excellent Credit?

Anonymous — Sun, 12 Jun 2011 15:39:17 GMT

I was just reading some reviews on this card and heres something I ran across.........

Credit card review:

A unique reward card that carrys absolutely no fees of any kind, the American Express Clear card is designed for those with excellent credit.

I'm just wondering who here has the Clear and if you do, do you have "Excellent Credit"?

Just a little survey, as I'm waiting on my re-review from AmEx on my Clear app from 5/2/11 which I was declined because of a CO that was listed on my EX report, that is now gone.

I was declined for these reasons

1. The negative listing (CO) on my EX report.

2. My EX score was too low.

3. Lack of Installment Loan(s)

I have sent AmEx copies of all three of my current reports, which are now perfectly clean

1. No more negative listings

2. My EX score had to go way up (My TU went from 727 to 784, and EQ from 700 to 774 after the CO was removed, so I would assume my EX score went up past the 760 mark as well, I'm thinking even higher because my EX and TU reports are almost identical)

3. My EQ report shows that I do have an Installment Loan (My Car Loan 15 months old, perfect pmnt history)

So I believe I have met all the criteria that AmEx had initially declined me for.

But, my question is still this........

Has anyone been approved for this Clear CC with less than "Excellent Credit"?

I'm going to say yes, I'm willing to bet someone will post here that they were approved for this card with scores in the high 600's, just a guess on my part, but I just would really like to know first hand.

Thank you in advance for your replies.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

trumpet-205 — Sun, 12 Jun 2011 22:39:43 GMT

I believe AMEX Clear is tougher to get in, likely even tougher than Blue Cash/Blue Sky. If you look up terms for AMEX Clear you'll see that it does not charge any fee (except foreign transaction fee).

There is no over limit fee, cash advance fee, late fee, balance transfer fee, etc. I highly doubt AMEX will let high 600s hop in on this card. Most likely mid 700s.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

tntexans72 — Sun, 12 Jun 2011 22:53:09 GMT

What's the advantage of having the Clear vs. Preferred?

I would think the preferred has more perks as a daily PIF CC.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

trumpet-205 — Sun, 12 Jun 2011 22:55:26 GMT

Which Preferred? Preferred Blue Cash or Preferred Blue Sky?

AMEX Clear is a good card if you do cash advance from time to time, as it does not charge cash advance fee. Keep it mind it STILL charges cash advance APR, which starts from day 1.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

fused — Mon, 13 Jun 2011 00:04:35 GMT

I have a Clear card and I'm in the 800 club. I originally had a Blue card and I converted it to a Clear card more than two years ago.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

tntexans72 — Mon, 13 Jun 2011 01:07:14 GMT

If I've been approved for the Amex SPG.....would I be approve for the Amex Blue Cash Everyday card?

If YES, what is the best way to app for this CC? Immediately, or wait 6 months to let Amex see my usage on the SPG card.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

lenz99 — Mon, 13 Jun 2011 20:42:19 GMT

I got the Clear card on May 2010. My credit was clean with no baddies but way from excellent. Only 2 CCs at that time, total $1300 CL. Oldest acct was less than 2 year. Didn't know the score but should be in high 600s. I also read other people were able to get the Clear card with similar score.

But why go with Clear now? unless you're about to do lots of cash advance......otherwise, Bluecash everyday has much better rewards.

btw, anyone was able to PC from Clear to the new Bluecash card?

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

tntexans72 — Mon, 13 Jun 2011 20:54:13 GMT

@lenz99 wrote:
I got the Clear card on May 2010. My credit was clean with no baddies but way from excellent. Only 2 CCs at that time, total $1300 CL. Oldest acct was less than 2 year. Didn't know the score but should be in high 600s. I also read other people were able to get the Clear card with similar score.

But why go with Clear now? unless you're about to do lots of cash advance......otherwise, Bluecash everyday has much better rewards.

btw, anyone was able to PC from Clear to the new Bluecash card?

I agree, the Bluecash would be the only other Amex CC I would try to get.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

Anonymous — Mon, 13 Jun 2011 22:00:16 GMT

I already have the Blue Cash (apped 3/28/11 before the Preferred came out) then I really wanted the BC Preferred but I had to wait 90 days to apply (found this out after I apped 4/29/11) I actually did apply for the BC Preferred 4/29/11 and was approved and when I called the next day for my CL, I was told that I couldn't be approved for the Blue Cash Preferred because I had just apped for the Blue Cash 30 days ago, so the rep cancelled the BCP app and sent a suppression to EX to have the inq removed (which it was).

I was torn between the Gold and the Clear and I chose the Clear, I do not plan on doing cash advances, but its still a good card and its an AmEx so it will be backdated to 91, so its a win win for me if I'm approved.

Was supposed to have an answer today, but when I called she said another 24-48 hours.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

slarano — Tue, 14 Jun 2011 02:55:34 GMT

So, what would be the "easiest" AMEX Blue card to get? I'm hoping to app for one in the next 6-12 months or so.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

Awesomely — Tue, 14 Jun 2011 03:01:00 GMT

I got approved for the Clear and Gold cards on the same day in April. My Experian score must have been around 680-700 and my credit history was 2 years and 8 months old. From what I read the company likes for your history to be completely clean.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

tntexans72 — Tue, 14 Jun 2011 06:07:31 GMT

@Awesomely wrote:
I got approved for the Clear and Gold cards on the same day in April. My Experian score must have been around 680-700 and my credit history was 2 years and 8 months old. From what I read the company likes for your history to be completely clean.

What was your starting CL for Clear? BTW...congrats.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

trumpet-205 — Tue, 14 Jun 2011 06:11:26 GMT

@simonlarano wrote:
So, what would be the "easiest" AMEX Blue card to get? I'm hoping to app for one in the next 6-12 months or so.

AMEX Blue is the easiest revolving credit card to get. Next is AMEX Blue Cash/Blue Sky and/or Clear.

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

tntexans72 — Tue, 14 Jun 2011 06:14:01 GMT

@trumpet-205 wrote:
@simonlarano wrote:
So, what would be the "easiest" AMEX Blue card to get? I'm hoping to app for one in the next 6-12 months or so.
AMEX Blue is the easiest revolving credit card to get. Next is AMEX Blue Cash/Blue Sky and/or Clear.

Easier than Amex SPG?

Re: Who here has the AmEx Clear Card and do you have Excellent Credit?

Awesomely — Tue, 14 Jun 2011 07:50:48 GMT

Thanks, and $2,000, hopefully next week it can get bumped up to $6,000.