topic Re: Would this be wrong to do? in Credit Cards

Would this be wrong to do?

j_casteel — Tue, 04 Sep 2012 13:32:25 GMT

App for an AMEX card once a month to get a free EX FICO score and it only cost a SP?

Re: Would this be wrong to do?

Cdnewmanpac — Tue, 04 Sep 2012 13:42:08 GMT

1. I believe you have to wait 60 days after a decline before you app again.
2. I dont think amex uses the same exp model as chase and citi. Apps a few weeks apart with no change in report had radically different scores.
3. How would this help you? You would know what amex thinks your fico is, but in the context of a decline. If your score is 740, but you grt declined, what do you do with that information? If it is 670, but you get accepted, does that change something?
4. If you smack a tiger in the nose, please dont subsequently complain when it bites you.

Re: Would this be wrong to do?

j_casteel — Tue, 04 Sep 2012 14:32:33 GMT

It was just a thought I had. I app'd and got the Zync in June. Then on August 5th I app'd for the PRG, but was declined. It only cost me a SP and I also got a real EX FICO score which was from a SP they did on 7/28. I was under the impression a person could apply with AMEX every 31 days.

Re: Would this be wrong to do?

jamesdwi — Tue, 04 Sep 2012 14:56:46 GMT

Behavior outside of the norm with AMEX is a good way to get a FR, I would advise against this plan,

Re: Would this be wrong to do?

j_casteel — Tue, 04 Sep 2012 14:59:59 GMT

That's why I wanted to ask before doing something like this....I won't be doing it.

Thanks for the replies

Re: Would this be wrong to do?

jsickz32 — Tue, 04 Sep 2012 15:00:16 GMT

I apped for one amex a week after a got my first amex. A month after that i applied for two and got one approved other denied. 16 more days to go and i will apply again. Lol

Re: Would this be wrong to do?

Anonymous — Tue, 04 Sep 2012 16:43:41 GMT

You can app 31 days after rejection. Personally I thever if gotten recently rejected (90 days), your next app with take a little ding with internal scoring. Also not sure if Amex score is pure fico. Might be a card enhanced or custom score for Amex.

Re: Would this be wrong to do?

bichonmom — Tue, 04 Sep 2012 18:27:03 GMT

@jamesdwi wrote:
Behavior outside of the norm with AMEX is a good way to get a FR, I would advise against this plan,

+1 You might as well send Amex a letter saying, "Please FR me."