topic Re: AMEX Inquiry Type in Credit Cards

AMEX Inquiry Type

jadankert94 — Mon, 17 Jun 2013 02:18:49 GMT

Someone once told me that when apping for an AMEX card they don't do hard inquiries, only soft? I didn't believe this, but they claimed they mostly based their apps on other information such as cash in bank and income. Advise please.

Re: AMEX Inquiry Type

Revelate — Mon, 17 Jun 2013 02:23:36 GMT

@jadankert94 wrote:
Someone once told me that when apping for an AMEX card they don't do hard inquiries, only soft? I didn't believe this, but they claimed they mostly based their apps on other information such as cash in bank and income. Advise please.

For new members: always hard, sometimes across multiple CRA's.

For existing members: almost always soft inquiries for CLI's, and for new application denials. The exception anecdotally is in borderline cases where multiple bureaus typically get pulled.

For existing members: always hard for any new application approval. Again sometimes across multiple CRA's.

Re: AMEX Inquiry Type

jadankert94 — Mon, 17 Jun 2013 02:28:12 GMT

Typical bureau that is used? Experian?

Re: AMEX Inquiry Type

Revelate — Mon, 17 Jun 2013 02:33:24 GMT

@jadankert94 wrote:
Typical bureau that is used? Experian?

That's Amex's default bureau of choice for many, but not guarunteed.