topic Re: If You Are Already an AMEX Card Holder... in Credit Cards

If You Are Already an AMEX Card Holder...

shane82388 — Thu, 08 Mar 2012 01:17:17 GMT

Do they pull hard if you apply for another card, or is it just a soft pull?

I have an AMEX Green for about 6-7 months now and im interested in getting a revolving AMEX card at some point...possibly the Blue Cash Everyday. High 600's get me there or no?

Side note: i have a sole proprietors business ive started recently...Ive looked at business cards they have (briefly) and liked the "SimplyCash Business card" as a dedicated card for my business expenses. How hard is that to get? I have an EIN but obviously it would need t obe personally guarunteed...

Re: If You Are Already an AMEX Card Holder...

bichonmom — Thu, 08 Mar 2012 01:30:54 GMT

In general, if you are denied, it's soft. If you are approved, they change it to a HP. Of course, YMMV.

Re: If You Are Already an AMEX Card Holder...

-Cain- — Thu, 08 Mar 2012 01:32:21 GMT

It's a hard pull on approval, soft on denial.

Edit: bichonmom beat me to it. Lol. But yes, as always YMMV.

Re: If You Are Already an AMEX Card Holder...

Anonymous — Thu, 08 Mar 2012 01:31:14 GMT

@shane82388 wrote:
Do they pull hard if you apply for another card, or is it just a soft pull?

I have an AMEX Green for about 6-7 months now and im interested in getting a revolving AMEX card at some point...possibly the Blue Cash Everyday. High 600's get me there or no?

Side note: i have a sole proprietors business ive started recently...Ive looked at business cards they have (briefly) and liked the "SimplyCash Business card" as a dedicated card for my business expenses. How hard is that to get? I have an EIN but obviously it would need t obe personally guarunteed...

When I applied for an Amex Green last year, my FICO was 656. I applied for a Platinum business card 6 months later and was approved. My score at hat point was mid 700's and it was a hard pull.

Re: If You Are Already an AMEX Card Holder...

Anonymous — Thu, 08 Mar 2012 01:31:50 GMT

@shane82388 wrote:
Do they pull hard if you apply for another card, or is it just a soft pull?

I have an AMEX Green for about 6-7 months now and im interested in getting a revolving AMEX card at some point...possibly the Blue Cash Everyday. High 600's get me there or no?

Side note: i have a sole proprietors business ive started recently...Ive looked at business cards they have (briefly) and liked the "SimplyCash Business card" as a dedicated card for my business expenses. How hard is that to get? I have an EIN but obviously it would need t obe personally guarunteed...

in my experience all additional cards were soft pulls initially.

Re: If You Are Already an AMEX Card Holder...

Anonymous — Thu, 08 Mar 2012 01:34:37 GMT

@shane82388 wrote:
Do they pull hard if you apply for another card, or is it just a soft pull?

I have an AMEX Green for about 6-7 months now and im interested in getting a revolving AMEX card at some point...possibly the Blue Cash Everyday. High 600's get me there or no?

Side note: i have a sole proprietors business ive started recently...Ive looked at business cards they have (briefly) and liked the "SimplyCash Business card" as a dedicated card for my business expenses. How hard is that to get? I have an EIN but obviously it would need t obe personally guarunteed...

From my most recent experience, my approval was a soft pull. I apped for a Platinum with already 2 other amex accounts. I haven't gotten a notification that there was an inquiry though

Re: If You Are Already an AMEX Card Holder...

Walt_K — Thu, 08 Mar 2012 01:40:24 GMT

@Anonymous wrote:
@shane82388 wrote:
Do they pull hard if you apply for another card, or is it just a soft pull?

I have an AMEX Green for about 6-7 months now and im interested in getting a revolving AMEX card at some point...possibly the Blue Cash Everyday. High 600's get me there or no?

Side note: i have a sole proprietors business ive started recently...Ive looked at business cards they have (briefly) and liked the "SimplyCash Business card" as a dedicated card for my business expenses. How hard is that to get? I have an EIN but obviously it would need t obe personally guarunteed...
From my most recent experience, my approval was a soft pull. I apped for a Platinum with already 2 other amex accounts. I haven't gotten a notification that there was an inquiry though

Have you checked your EX report?

Re: If You Are Already an AMEX Card Holder...

trumpet-205 — Thu, 08 Mar 2012 01:41:23 GMT

AMEX will only hard pull you if it is approved; soft pull otherwise.

Re: If You Are Already an AMEX Card Holder...

shane82388 — Thu, 08 Mar 2012 01:42:27 GMT

Oh ok so its basically a super fair deal. Id take an inquiry if it for sure got me soemthing...the whole issue i have with inquiries is they can hurt you and leave you with nothing.

So if i were to app for one of the revolving credit cards, NOT a charge card...then it would basically not cost me anything unless i was getting something out of it?

Re: If You Are Already an AMEX Card Holder...

shane82388 — Thu, 08 Mar 2012 01:43:03 GMT

@trumpet-205 wrote:
AMEX will only hard pull you if it is approved; soft pull otherwise.

SWEEET.

Re: If You Are Already an AMEX Card Holder...

trumpet-205 — Thu, 08 Mar 2012 01:44:25 GMT

Yes, if you apply through existing AMEX customer, AMEX will only hard pull it when you are approved.

Now if you apply it through the long application version (aka not an AMEX customer), AMEX will hard pull you regardless.

Re: If You Are Already an AMEX Card Holder...

shane82388 — Thu, 08 Mar 2012 21:41:14 GMT

This all applies to the business cards too?

Re: If You Are Already an AMEX Card Holder...

RyVision — Thu, 08 Mar 2012 22:39:53 GMT

It would be a SP if you're not approved like others have said. However, unless you have perfect reports with a fairly thick file and decent AAoA, they most likely would not approve a revolver with your current scores. You'd want to be over the 700 mark (closer to the mid 700s) for a rather sure approval for an AMEX revolver.

As far as I know similar rules apply to the business cards, it becomes a bigger YMMV issue there however.

Re: If You Are Already an AMEX Card Holder...

shane82388 — Thu, 08 Mar 2012 22:46:14 GMT

those score are from a couple months ago and yeah im going to wait for some $0 balances to report at the minumum.

if its not harmful to apply though...would it really matter if i gave it a shot? Would AMEX get mad if i applied and got denied, then applied again in a month or two, when scores are higher?

Re: If You Are Already an AMEX Card Holder...

shane82388 — Thu, 08 Mar 2012 23:12:26 GMT

I just did the "are you pre-approved?" for the business cards and then next page showed me this....it sorta doesnt seem like i was actually pre approved for these though...or does it?

Just says choose...and apply now...

Re: If You Are Already an AMEX Card Holder...

RyVision — Thu, 08 Mar 2012 23:21:18 GMT

That doesn't look like the pre-approval\selected screen. It looks like the screen one gets when they don't find a pre-selected\approved offer. IIRC

Re: If You Are Already an AMEX Card Holder...

shane82388 — Fri, 09 Mar 2012 01:20:10 GMT

yah thats what i was thinking....weird how it doesnt mention what they are showing you either way...pre-approved or just gamble cards.

Re: If You Are Already an AMEX Card Holder...

Anonymous — Fri, 09 Mar 2012 01:39:34 GMT

@Walt_K wrote:
@Anonymous wrote:
@shane82388 wrote:
Do they pull hard if you apply for another card, or is it just a soft pull?

I have an AMEX Green for about 6-7 months now and im interested in getting a revolving AMEX card at some point...possibly the Blue Cash Everyday. High 600's get me there or no?

Side note: i have a sole proprietors business ive started recently...Ive looked at business cards they have (briefly) and liked the "SimplyCash Business card" as a dedicated card for my business expenses. How hard is that to get? I have an EIN but obviously it would need t obe personally guarunteed...
From my most recent experience, my approval was a soft pull. I apped for a Platinum with already 2 other amex accounts. I haven't gotten a notification that there was an inquiry though

Have you checked your EX report?

I haven't pulled it, but I would think I'd get a notification..

Re: If You Are Already an AMEX Card Holder...

Coldness — Fri, 09 Mar 2012 01:54:05 GMT

Slightly off topic, but does Amex care if current cardmembers apply for different cards twice in 30 days? I know new account applications have to be 30 days apart, but if you already have an account does it still hold true? I was declined once (with a 731 and 6 months of Zync history, thanks Amex...), but 40% of my utilization just dumped off this week.

Re: If You Are Already an AMEX Card Holder...

LS2982 — Fri, 09 Mar 2012 01:55:37 GMT

@shane82388 wrote:
Do they pull hard if you apply for another card, or is it just a soft pull?

I have an AMEX Green for about 6-7 months now and im interested in getting a revolving AMEX card at some point...possibly the Blue Cash Everyday. High 600's get me there or no?

Side note: i have a sole proprietors business ive started recently...Ive looked at business cards they have (briefly) and liked the "SimplyCash Business card" as a dedicated card for my business expenses. How hard is that to get? I have an EIN but obviously it would need t obe personally guarunteed...

That's borderline. You may want to wait until the AMEX green is 1 year old and your EX FICO is 700 or above before going for BCE.