topic Re: Starwood Preferred: What Are My Chances? in Credit Cards

Starwood Preferred: What Are My Chances?

Anonymous — Thu, 05 Sep 2013 23:12:02 GMT

I'm itching to apply for the Amex Starwood Preferred card. I currently have Amex BCE ($12,800), Amex Hilton Hhonors ($2,000), Chase Sapphire Preferred ($5000), Chase Freedom ($3500), Chase Southwest ($5000), Discover It ($1500), and Barclay Arrival ($4000). AAoA is around 1yr 1mo. Utilization is around 3%. I'm considering closing Southwest and Hilton and moving credit lines around. Credit scores as for recently EX 734, TU 704, EQ ?. Reason for lower scores has to do with recent inquires for Sapphire and Arrival. What do you all think? App now or wait and apply later? If wait, how long and why? Any responses are welcome. Thanks!

Re: Starwood Preferred: What Are My Chances?

ezdoesit — Thu, 05 Sep 2013 23:23:43 GMT

@Anonymous wrote:
I'm itching to apply for the Amex Starwood Preferred card. I currently have Amex BCE ($12,800), Amex Hilton Hhonors ($2,000), Chase Sapphire Preferred ($5000), Chase Freedom ($3500), Chase Southwest ($5000), Discover It ($1500), and Barclay Arrival ($4000). AAoA is around 1yr 1mo. Utilization is around 3%. I'm considering closing Southwest and Hilton and moving credit lines around. Credit scores as for recently EX 734, TU 704, EQ ?. Reason for lower scores has to do with recent inquires for Sapphire and Arrival. What do you all think? App now or wait and apply later? If wait, how long and why? Any responses are welcome. Thanks!

I know Amex doesn't like to many recent inquires but I don't think you should let it stop you from applying its a SP on denial and HP on approval so you really don't have anything to lose.

Re: Starwood Preferred: What Are My Chances?

wHiTeSoL — Thu, 05 Sep 2013 23:35:19 GMT

+1

But the promo just ended......

Re: Starwood Preferred: What Are My Chances?

Creditaddict — Thu, 05 Sep 2013 23:35:56 GMT

@Anonymous wrote:
I'm itching to apply for the Amex Starwood Preferred card. I currently have Amex BCE ($12,800), Amex Hilton Hhonors ($2,000), Chase Sapphire Preferred ($5000), Chase Freedom ($3500), Chase Southwest ($5000), Discover It ($1500), and Barclay Arrival ($4000). AAoA is around 1yr 1mo. Utilization is around 3%. I'm considering closing Southwest and Hilton and moving credit lines around. Credit scores as for recently EX 734, TU 704, EQ ?. Reason for lower scores has to do with recent inquires for Sapphire and Arrival. What do you all think? App now or wait and apply later? If wait, how long and why? Any responses are welcome. Thanks!

how old is the hilton?

Re: Starwood Preferred: What Are My Chances?

Anonymous — Fri, 06 Sep 2013 00:40:52 GMT

I know the promo just ended, but on the website it's showing a 25,000 point bonus if you spend $5,000 within the first 6 months, and you earn an upfront 10,000 points after your first purchase. While 30,000 was nice, I'll still take 25,000. The Hilton card is about a year old. I applied for it back in October, so it's approaching a year.

Re: Starwood Preferred: What Are My Chances?

Anonymous — Fri, 06 Sep 2013 00:43:25 GMT

Btw, how do you put your cards in the signature? I want to do that on my settings, but I haven't figured out how

Re: Starwood Preferred: What Are My Chances?

wHiTeSoL — Fri, 06 Sep 2013 01:27:28 GMT

@Anonymous wrote:
Btw, how do you put your cards in the signature? I want to do that on my settings, but I haven't figured out how

http://ficoforums.myfico.com/t5/SmorgasBoard/Profile-tweaks/td-p/1864003

Re: Starwood Preferred: What Are My Chances?

Creditaddict — Fri, 06 Sep 2013 03:45:41 GMT

If Hilton is a year, what about blue?
Have you done a cli on either in the last 6 months?

Re: Starwood Preferred: What Are My Chances?

Anonymous — Fri, 06 Sep 2013 03:54:17 GMT

I already have the Blue Cash Everday. Are you talking about Amex Blue? I don't really desire Amex Membership Reward points. While they are valuable, I would prefer to get Starwood points that I can transfer to frequent flier programs like Delta and U.S. Air.

Re: Starwood Preferred: What Are My Chances?

Anonymous — Fri, 06 Sep 2013 03:58:44 GMT

So, I went ahead and applied. I got the "we'll contact you with our decision message," but when I went to the app status website, it says, "In progress." Anyone have a similar experience that could share what happened? I've always been instantly approved with Amex, so this is new for me.

Re: Starwood Preferred: What Are My Chances?

Creditaddict — Fri, 06 Sep 2013 04:27:45 GMT

My question was about your current Blue.

As fot your pending app, its common with Amex, you should get emsil when decision is ready and you can log in for answer.

Re: Starwood Preferred: What Are My Chances?

Anonymous — Fri, 06 Sep 2013 05:00:24 GMT

So, do you think I'll be approved? From what I've read it seems like they need to clarify things like address, income, etc... My wife and I just moved, so that would make sense for them to check my address.

Re: Starwood Preferred: What Are My Chances?

Anonymous — Sat, 07 Sep 2013 01:27:04 GMT

I called this morning to check on the status of the application and found out it was approved! I was and still am excited. Glad to get the approval and start earning points. They expediated the delivery, so I should get the card early next week. Thanks for all the help and advice!

Re: Starwood Preferred: What Are My Chances?

djc1puno — Sat, 07 Sep 2013 01:47:52 GMT

Congrats!

Re: Starwood Preferred: What Are My Chances?

dodgerslv — Sat, 07 Sep 2013 01:52:34 GMT

@Anonymous wrote:
I called this morning to check on the status of the application and found out it was approved! I was and still am excited. Glad to get the approval and start earning points. They expediated the delivery, so I should get the card early next week. Thanks for all the help and advice!

Yay! and congrats! What limit did they give you if you dont mind me asking?

Re: Starwood Preferred: What Are My Chances?

Anonymous — Sat, 07 Sep 2013 02:33:48 GMT

Gave me a $2000 CL, which isn't great, but it didn't surprise me because a recent CLI and inquires on my credit report. I plan to garden for awhile, so hopefully the limit will grow on its own.

Re: Starwood Preferred: What Are My Chances?

ezdoesit — Sat, 07 Sep 2013 02:48:29 GMT

Congrats. I don't know about growing on its own but definitely call for 61day 3x cli.