topic Re: Blue AMex in Credit Cards

Blue AMex

Anonymous — Thu, 13 Sep 2007 15:39:39 GMT

What is a good score to get a blue Amex card and which credit bureau do they pull in NYC?

Re: Blue AMex

Anonymous — Thu, 13 Sep 2007 15:59:11 GMT

Let say I apply for the Delta Airlines SkyMiles Credit Card American Express....can I convert to Blue cash reward afterwards?

Re: Blue AMex

Anonymous — Thu, 13 Sep 2007 16:14:22 GMT

That's right. Convert when you get the card. Just call the number on the back of the card and ask for conversion to Blue Cash ( gives you cash back ).

Re: Blue AMex

Anonymous — Thu, 13 Sep 2007 23:45:40 GMT

According to FinanceGlobe.com, a FICO score of at least 708 is recommended (but not required) for AmEx Blue.

Re: Blue AMex

fused — Fri, 14 Sep 2007 01:55:47 GMT

Bufflehead wrote:
According to FinanceGlobe.com, a FICO score of at least 708 is recommended (but not required) for AmEx Blue.

I have found that site to be inaccurate with some CCs so that is why I removed it from my sig line. Here's are some examples:

Discover More Card: A FICO score of at least 782 is recommended...holy guacamole!

CITI Dividends MC: A FICO score of at least 776 is recommended...not true!

Amex Gold Delta Skymiles: A FICO score of at least 703 is recommended...NO WAY, many get this card with scores well below 640

Amex Clear: A FICO score of at least 751 is recommended...NO WAY again, 710 and bang approval

Re: Blue AMex

Anonymous — Fri, 14 Sep 2007 02:24:00 GMT

fused111 wrote:

Bufflehead wrote:
According to FinanceGlobe.com, a FICO score of at least 708 is recommended (but not required) for AmEx Blue.

I have found that site to be inaccurate with some CCs so that is why I removed it from my sig line. Here's are some examples:

Discover More Card: A FICO score of at least 782 is recommended...holy guacamole!

CITI Dividends MC: A FICO score of at least 776 is recommended...not true!

Amex Gold Delta Skymiles: A FICO score of at least 703 is recommended...NO WAY, many get this card with scores well below 640

Amex Clear: A FICO score of at least 751 is recommended...NO WAY again, 710 and bang approval

Ok- here goes the latest breakdown. I got Amex Blue for Students that was converted to reg early this year when my scores were 650-660's.

This past week I got Discover Miles when my scores were TU-665, EQ 677, and EX 671.

Finally tonight- and this is the last CC I will apply for till probably Spring or Summer of next year- I got Amex Clear with the same scores posted above.

Please note that I have (and I am not being full of myself) impeccable payment history for the past two years- and I think that part of the game they want to see on the big ones is actually that you charge a decent amount, then pay if off over three to five mos- charge another large amount and then pay it off over the next 3 to 4 mos- and then you can go down to 9% util and PIF or leave a couple dollar balance for a couple of months. Disclaimer- this is just my theory- as others have been denied for the cards I have gotten w/ a little bit higher ficos. I truly believe it is because I have every single CC I have set up on auto pay- and then go back and pay even more every week. I also believe it is due to once I got the card- i.e. - like my first chase for 1000, I charged 400 and then paid it down to 0 over four months. Then I charged 300 again and paid it down over 3 to 4 mos. Then I paid it down to under 9 percent util and have kept it that way. I have done that w/ all my cards except Belk- which has a 2500 CL on it- and when I asked for an increase they denied me because they said I "haven't shown experience charging and paying off an amount that high".

So- and this is just from my personal experience- I think that because I charged a larger amount on each card, and then paid it down over a couple of mos- and now have every card at less than 5 % util that it has worked for me.

When I get my Discover Miles I will go ahead and charge about 250-300 on it, and pay it down over the next three to four mos. I will prob. charge something again- and do the same cycle. Then I will get it under 5 percent util for a long time.

Mods- please feel free to tell me if you think I am way off base. It is just that recently people have been asking me how I am getting the prime cards and my scores are not yet aboe 677.

Now it is just up to time and payments on time and history.

Re: Blue AMex

Anonymous — Fri, 14 Sep 2007 14:33:01 GMT

Thanks for the info......

Re: Blue AMex

fused — Fri, 14 Sep 2007 18:06:23 GMT

Netpanther:

Congrats on your new Discover card! I will say I was surprised you were approved with your scores. Discover for the longest time required very high scores so I'm not sure if something has changed. Maybe they are no longer a FICO registered lender, maybe they have their own scoring models, maybe they are letting up on their underwriting like Amex has. There's just no way to know for sure.

Re: Blue AMex

Anonymous — Fri, 14 Sep 2007 18:25:00 GMT

fused111 wrote:
Netpanther:

Congrats on your new Discover card! I will say I was surprised you were approved with your scores. Discover for the longest time required very high scores so I'm not sure if something has changed. Maybe they are no longer a FICO registered lender, maybe they have their own scoring models, maybe they are letting up on their underwriting like Amex has. There's just no way to know for sure.

I am wondering if they have lowered the standards a little bit. Again, and this is just my personal feeling- I feel like because when I got my first Chase I charged quiet a high ration, and paid it down over three to four months. I did this w/ each and every card I have gotten.

But like I say- when I asked for a CLI on Belk about 2500 and HSN, and QVC- they all told me that they had to deny my CLI because I had not shown that I had charged a high enough amount and paid it back over time. This goes directly against the theory of always keeping your cards below the 9% util- so that is the only thing I can figure.

I also think that I got the Discover because I had such a good payment history w/ Amex. I am getting the feeling that once you get either Amex or Discover- whichever one first- then the other will give you one if you have an excellent history.

I am also getting the feeling that if you have one Amex and have an excellent history you can qualify for another Amex within reasonable limits.

I myself have been very happy w/ Amex and they have treated me superbly- and (disclaimer- I am not a racist or ethnicitist) I love the fact that they have Americans who speak english correctly. When I talked the other night on the phone w/ the girl about getting the Amex Clear it was such a pleasure. She did everything by book, was so pleasant, so educated about the card, terms conditions and doing a hard pull.

Again- Mods- if you have anything to add that you think I am incorrect in my assumptions please post as I do not want to give out misleading info- that's for sure.

Re: Blue AMex

fused — Fri, 14 Sep 2007 18:31:37 GMT

Netpanther:

I agree with your Amex comments...I love them too. They have never upset me, given me CLIs, phenomenal customer service and a first rate rewards program. I want to start a new thread, Why I Love Amex but I'm sure someone will post an FR rant in it.

Re: Blue AMex

SpecFile — Fri, 14 Sep 2007 18:34:24 GMT

I say do it fused and delete the rants if you like!