topic Re: USAA Amex should I app? in Credit Cards

USAA Amex should I app?

youngandcreditwrthy — Sat, 29 Sep 2012 20:24:25 GMT

Since my 5% cashback is about to expire on Chase Freedom (it will only be used to do a bal xfer after that more than likely), I want to get a card that pays good casback. Of course, I want a high limit and a friendly creditor who uses American reps. I've seen that the USAA Amex gives 2.25% cashback on gas/groceries, which are like two of my main three categories.

I have a FICO score of anywhere from 650-700+

Experian Fako 703

Quizzle 683

Cred Sesame 688

Credit Karma 676

Wmt Fico 676

I'm looking for a $4,000 limit and plan to PIF unless they offer me something amazing. I can become a member of USAA fairly easily I believe..

I just wanna know if it's worth the plunge. I did actually just close a $500 Cap1 account (took two months to report as closed, but finally is reporting as such)

So I'd just be essentially replacing that card with this much better USAA Amex.

In the past six months, I have 2 inq on TU, 1 on EXP, and 1 on EQ. I have anywhere from 5-7 more in a two year timespan on those reports, but I know that most creditors look at just the last six months when it comes to inquiries.

My overall util is now at 13%. I only have high usage on two cards Barclay's Amex (5100/6500) and my oldest/ only Cap 1 left (650/1300).

my aaoa is about 3 years.

most recent account opened is Chase Freedom in July.

Do y'all even think I'd get approved?

Thanks in advance.

Re: USAA Amex should I app?

Anonymous — Sat, 29 Sep 2012 20:32:44 GMT

Take a look at that USAA Amex again. Look at the details.

I believe the 2.25% is only after you spend $17,000/a year threshold.

Re: USAA Amex should I app?

LS2982 — Sat, 29 Sep 2012 20:38:31 GMT

@youngandcreditwrthy wrote:
Since my 5% cashback is about to expire on Chase Freedom (it will only be used to do a bal xfer after that more than likely), I want to get a card that pays good casback. Of course, I want a high limit and a friendly creditor who uses American reps. I've seen that the USAA Amex gives 2.25% cashback on gas/groceries, which are like two of my main three categories.

I have a FICO score of anywhere from 650-700+
Experian Fako 703
Quizzle 683
Cred Sesame 688
Credit Karma 676
Wmt Fico 676

I'm looking for a $4,000 limit and plan to PIF unless they offer me something amazing. I can become a member of USAA fairly easily I believe..

I just wanna know if it's worth the plunge. I did actually just close a $500 Cap1 account (took two months to report as closed, but finally is reporting as such)
So I'd just be essentially replacing that card with this much better USAA Amex.

In the past six months, I have 2 inq on TU, 1 on EXP, and 1 on EQ. I have anywhere from 5-7 more in a two year timespan on those reports, but I know that most creditors look at just the last six months when it comes to inquiries.

My overall util is now at 13%. I only have high usage on two cards Barclay's Amex (5100/6500) and my oldest/ only Cap 1 left (650/1300).
my aaoa is about 3 years.
most recent account opened is Chase Freedom in July.
Do y'all even think I'd get approved?
Thanks in advance.

I think you'd be fine getting what you want but that Barclays AMEX util. needs to be brought down first.

Re: USAA Amex should I app?

youngandcreditwrthy — Sat, 29 Sep 2012 20:42:56 GMT

oh no!!! I'm usually great at reading the fine print, lol YET somehow I missed that threshold NVM then...

USAA gives high limits though right??

Might be nice to have just if I need it for util, which I currently do not..

I know, I know.. I need to get the stupid Amex util down LOL

grrrr

I'm just gonna throw my whole next commission check towards it LOL

Re: USAA Amex should I app?

LS2982 — Sat, 29 Sep 2012 20:46:13 GMT

@youngandcreditwrthy wrote:
oh no!!! I'm usually great at reading the fine print, lol YET somehow I missed that threshold NVM then...

USAA gives high limits though right??

Might be nice to have just if I need it for util, which I currently do not..

I know, I know.. I need to get the stupid Amex util down LOL
grrrr

I'm just gonna throw my whole next commission check towards it LOL

Are you a full member of USAA??

Re: USAA Amex should I app?

youngandcreditwrthy — Sat, 29 Sep 2012 20:49:33 GMT

no, Im not a full member... but I called a Rep, and she said I should be able to join....

why?

Re: USAA Amex should I app?

LS2982 — Sat, 29 Sep 2012 20:58:10 GMT

@youngandcreditwrthy wrote:
no, Im not a full member... but I called a Rep, and she said I should be able to join....

why?

If your not a full mumber, you more than likely will not recieve the prime CL's and cards from them. They are reserved for full mumbers.

Re: USAA Amex should I app?

youngandcreditwrthy — Sat, 29 Sep 2012 21:05:37 GMT

ohhhhh gotcha...

that makes sense.

I'll just stay in the garden haha I'll still try to become a member though and maybe put some cash in a savings account.

:-)

Re: USAA Amex should I app?

LS2982 — Sat, 29 Sep 2012 21:07:49 GMT

@youngandcreditwrthy wrote:
ohhhhh gotcha...
that makes sense.

I'll just stay in the garden haha I'll still try to become a member though and maybe put some cash in a savings account.
:-)

Are you related to anyone in the military?

Re: USAA Amex should I app?

youngandcreditwrthy — Sat, 29 Sep 2012 21:15:21 GMT

Yes, a few veterans but they are dead:-/

Re: USAA Amex should I app?

LS2982 — Sat, 29 Sep 2012 21:17:54 GMT

@youngandcreditwrthy wrote:
Yes, a few veterans but they are dead:-/

Others may chime in but I think thats the only way to get in if your not directly affiliated with the military.

Re: USAA Amex should I app?

youngandcreditwrthy — Sat, 29 Sep 2012 21:22:00 GMT

ohhhh

hmm

idk. I'll consider it for the future in that case.

Re: USAA Amex should I app?

Ron1 — Sat, 29 Sep 2012 21:25:08 GMT

I agree with LS. The card has tier rate. I've had the card for almost two years. USAA gave me a generous CL. I think Amex BCE/BCP is better. I heard they only give it to full member.

Ron.

Re: USAA Amex should I app?

youngandcreditwrthy — Sat, 29 Sep 2012 22:24:28 GMT

Ron- do you think I'd get approved for the BCE Amex? I applied like a year and a half ago and was denied. I know Amex is a stickler:-(

I realllllyyyy want the BCE. The USAA Amex was a card I'd settle for in lieu of the BCE.

Re: USAA Amex should I app?

Ron1 — Sat, 29 Sep 2012 22:35:40 GMT

I think you might get approved for Amex Zync with your score. First, you get the charge card. Then try to apply for Amex BCE after six months ( having the Zync card). The credit cards usually need higher score to get than charge card.

Ron.

Re: USAA Amex should I app?

youngandcreditwrthy — Sun, 30 Sep 2012 16:58:04 GMT

Ahhh! Good advice.... I'll still wanna get that util down on Trav Amex.

If I get approved for the Zync with NPSL vs the auto-pay one, would it be wise to apply for an Amex revolver the same day?

Thanks Ron! I can tell from your posts that you know what you're talking about! :-)

Re: USAA Amex should I app?

Anonymous — Sun, 30 Sep 2012 18:03:16 GMT

I apped for and was approved for a Zync NPSL and immediatly (as in within minutes) apped for the Delta Gold, one HP for 2 cards. As always YMMV

Re: USAA Amex should I app?

youngandcreditwrthy — Sun, 30 Sep 2012 22:13:01 GMT

What were your scores Cagegym if you don't mind my asking? I'd say mine are all high 600's. I have deferred student loans which seems to matter a lot to Amex per my prev'ly denied app back in 2011.

Re: USAA Amex should I app?

Anonymous — Sun, 30 Sep 2012 22:24:12 GMT

Same as listed right now, and I had an AoAA of about 1.5 years with no baddies, only card I had on my report was the Cap1. EDIT: All they pulled was EX.

Re: USAA Amex should I app?

youngandcreditwrthy — Mon, 01 Oct 2012 00:05:37 GMT

Oooooo Im soooo tempted my EX is my best report, surely at or topping 700 fico. Eeeeekkkk what waa your util? I just have util on one card as mentioned. I have several high limit cards with no balance though!