topic Re: Do Amex pre approvals mean you will likely be accepted? in Credit Cards

Do Amex pre approvals mean you will likely be accepted?

Anonymous — Fri, 09 Sep 2011 03:56:03 GMT

I have been working on my credit score for almost a month. I paid off my car and am down to a 3% utilization on my cards. Im working on removing 4 yr old 30 day delinq. My TU fico score is 699 as of yesterday, which is up significantly (30 points) from 3 weeks ago. I got 1 offer for Amex blue 4 weeks ago and another 2 weeks ago, but with a better interest rate. Mon i got an offer for the gold card! I recently got approved for a Citi thank you with a CL of $7200. That's my only inquiry my report. Secretly, I've always wanted an Amex card, but I refuse to pay an annual fee. With my score rising and 3 offers in a 4-5 week period, am I likely to be approved, or should I wait? BTW, my TU report said that I didn't have enough cc where I'm the primary card holder.

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Fri, 09 Sep 2011 05:07:31 GMT

I would go for it, but that's just my not-so-secret desire to get the Amex BCP speaking. Honestly, I would think that if you were approved by Citi, you shouldn't have any problems being approved by amex, especially if they're sending you preapprovals.

Good luck.

Re: Do Amex pre approvals mean you will likely be accepted?

shane82388 — Fri, 09 Sep 2011 05:36:09 GMT

i jsut got pre-approved then approved for an AMEX Green the other day with a 641 TransUnion....i know they dont pull transunion but my other score should be somewhere around there i think...just for your reference.

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Fri, 09 Sep 2011 05:48:06 GMT

Thanks so much for the replies!

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Wed, 14 Sep 2011 22:22:36 GMT

Update: I applied for just one and I got it! Its a charge card. When the AF comes around next year, I will try for a credit card!

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Wed, 14 Sep 2011 22:55:00 GMT

@Anonymous wrote:
Update: I applied for just one and I got it! Its a charge card. When the AF comes around next year, I will try for a credit card!

Congrats! Which charge card did you get?

ETA: Ooops! Just noticed from another thread that you got a Gold Premier. Once again, congrats! Nice going!

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Wed, 14 Sep 2011 22:56:33 GMT

The Gold Premier Rewards...it offered 50,000 points! I'm going to cancel next Sept and try for the BCP. That's what I really wanted, but I didn't want to rock the boat!

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Wed, 14 Sep 2011 22:57:40 GMT

Can you tell I'm excited?

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Wed, 14 Sep 2011 22:58:45 GMT

@Anonymous wrote:
Can you tell I'm excited?

You bet! And you should be... good for you!!!

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Wed, 14 Sep 2011 23:51:31 GMT

Congrats! If you want the BCP but don't want the AF, consider the BCE. Depending on your spending, the BCE might get you more net cash back than the BCP anyway.

Re: Do Amex pre approvals mean you will likely be accepted?

CreditMuppet — Thu, 15 Sep 2011 00:06:18 GMT

Congratulations on getting the PR Gold, its a great card. Just out of interest whatt offer are you using for the 50k points, was it a targetted offer that you recieved with the preapproval in the mail?

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Thu, 15 Sep 2011 00:21:30 GMT

Yes, this offer was not on line when I looked the cards I was preapproved for. So I called, and she told me I actually had 4 offers available. You guys said the charge was easy, and she said it came with crazy points, so I got it. Guess what? I applied for the plain Blue credit card and got it! OMG! Do you see my scores? I think they are better because I had an old collection recently off and some 3-4 year old lates, and a correction. soooo, what should I do? Cancel the 1st or keep them both? I'm like the idea of having a solid limit. I dont want to mess up utilization with high balance being used as limit. Opinions?

Re: Do Amex pre approvals mean you will likely be accepted?

CreditMuppet — Thu, 15 Sep 2011 00:29:34 GMT

Personally I would keep them both, use your charge for everyday purchases that you PIF at the end of the month and use your Blue for revolving purchases or however you want to split your spend. Which blue card did you get? Sounds like you applied for both via the phone, I`d be interested to know if you end up with two inquries.

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Thu, 15 Sep 2011 00:52:17 GMT

I actually applied for the 1st on the phone then the 2nd online. I'm expecting 2 inquiries. They are my only 2 on EX in 6 years! I wont need to apply for anything for at least a year. I just got the plain Blue, but will ask for a PC in a year? That's how long you have to wait, right?

So can you tell me how to pay this so it always reports $0? Please?

Re: Do Amex pre approvals mean you will likely be accepted?

CreditMuppet — Thu, 15 Sep 2011 01:52:33 GMT

I believe you can PC AMEX Products after 13 months. Yes from what I`ve seen elsewhere you will probably end up with two inquries, but I dont think you will take much of a hit for them. You should see the statement close date displayed on your login account, I would pay by that date.

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Thu, 15 Sep 2011 01:55:42 GMT

Thanks so much!

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Thu, 15 Sep 2011 02:03:02 GMT

What do you mean by "plain blue." I thought the only "blue" cards you could app for now are the BCE and BCP. Am I missing something?

If you got the BCE, you might as well use it often to get the cash back rewards.

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Thu, 15 Sep 2011 02:41:19 GMT

There is a basic blue, then blue cash, blue cash preferred, and blue cash everyday along with blue sky and blue sky preferred. I was already nervous, so I just applied for the cards I had pre approval offers for.

Re: Do Amex pre approvals mean you will likely be accepted?

Anonymous — Thu, 15 Sep 2011 02:42:44 GMT

I probably will use it as an everyday card because I need the limit and no surprise declines. The charge makes me nervous!

Re: Do Amex pre approvals mean you will likely be accepted?

Iincognito — Thu, 15 Sep 2011 05:24:07 GMT

@CreditMuppet wrote:
I believe you can PC AMEX Products after 13 months. Yes from what I`ve seen elsewhere you will probably end up with two inquries, but I dont think you will take much of a hit for them. You should see the statement close date displayed on your login account, I would pay by that date.

I was able to PC my Amex Gold into a PR Gold card after 13 months and not before that so you're right on.