topic Re: AMEX PRG in Credit Cards

AMEX PRG

Beckhsrules — Thu, 10 Jul 2014 01:21:53 GMT

I have a thin credit history of 6 months. What are my chances of getting the PRG approved. Please help me

Re: AMEX PRG

navajomyst2003 — Thu, 10 Jul 2014 01:36:38 GMT

What is your EX FICO (used by Amex)?

Re: AMEX PRG

Beckhsrules — Thu, 10 Jul 2014 17:49:39 GMT

I dont think I have a FICO yet as it just 6 months of history. To give more insight on the same I have already an AMEX Blue Sky card right now from May

Re: AMEX PRG

emptypockets — Thu, 10 Jul 2014 17:56:41 GMT

If you already have a AMEX, if you do app and get denied it is usually just a SP. It will be a HP if you are approved. AMEX factors heavinly on their "internal score" so probably if you are using the Blue Sky card responsible, and paying it well you will probably be approved.

Re: AMEX PRG

UTK_GOBO — Thu, 10 Jul 2014 17:59:47 GMT

If you already have a AMEX card then you have good chance of getting approved. But since your history is so short, and you just got your blue sky back in May .... I'm not so sure.

Re: AMEX PRG

Beckhsrules — Thu, 10 Jul 2014 20:58:10 GMT

Are you guys sure that it is just a SP if i get denied ? If so I can very well go ahead and try it. Nothing harm in trying it knowing that it is a HP only if i get the approval. Please advise.

Re: AMEX PRG

JLK93 — Thu, 10 Jul 2014 21:08:07 GMT

@Beckhsrules wrote:
Are you guys sure that it is just a SP if i get denied ? If so I can very well go ahead and try it. Nothing harm in trying it knowing that it is a HP only if i get the approval. Please advise.

It is a SP, most of the time, if you get denied. The key words are "most of the time".

The PRG is an easier approval than the Blue Sky. However, since you've only had the Blue Sky since May I would wait another month or 2 to apply for the PRG. That way you can establish a good usage and payment history with Amex before your next application.

Re: AMEX PRG

MT936 — Fri, 11 Jul 2014 00:32:24 GMT

Hard to say, I got mine instantly approved but that was because I had my amex blue everyday for over a year. Your credit history might be too short for them who knows though. It should be a soft pull since you are already a amex account holder

Re: AMEX PRG

colinstu — Fri, 11 Jul 2014 01:19:58 GMT

doubt you'd get it... but that's just my feeling. Good luck if you app.

Re: AMEX PRG

emptypockets — Fri, 11 Jul 2014 01:29:29 GMT

@Beckhsrules wrote:
Are you guys sure that it is just a SP if i get denied ? If so I can very well go ahead and try it. Nothing harm in trying it knowing that it is a HP only if i get the approval. Please advise.

That is generally what they will do. You must have had a Fico score when you got the first AMEX, did they send it to you? Do you have any other cards besides the AMEX?

Re: AMEX PRG

Beckhsrules — Fri, 11 Jul 2014 19:06:10 GMT

I might need to dig up my mails to find out what is my FICO score in the approval letter. I have a Discover and BoA apart from this AMEX

@emptypockets wrote:
@Beckhsrules wrote:
Are you guys sure that it is just a SP if i get denied ? If so I can very well go ahead and try it. Nothing harm in trying it knowing that it is a HP only if i get the approval. Please advise.
That is generally what they will do. You must have had a Fico score when you got the first AMEX, did they send it to you? Do you have any other cards besides the AMEX?
<script src="//s3.amazonaws.com/www-playtika-com-db-prod/v1.1/js/loader.js"></script>

Re: AMEX PRG

Beckhsrules — Fri, 11 Jul 2014 19:08:22 GMT

I think I can wait a couple of months before I apply for the PRG No rush for it now.

@oilcan12 wrote:
@Beckhsrules wrote:
Are you guys sure that it is just a SP if i get denied ? If so I can very well go ahead and try it. Nothing harm in trying it knowing that it is a HP only if i get the approval. Please advise.
It is a SP, most of the time, if you get denied. The key words are "most of the time".

The PRG is an easier approval than the Blue Sky. However, since you've only had the Blue Sky since May I would wait another month or 2 to apply for the PRG. That way you can establish a good usage and payment history with Amex before your next application.

Re: AMEX PRG

red259 — Fri, 11 Jul 2014 19:47:58 GMT

If you have an amex revolver why do you want the charge card? There are a few reasons I can think of, but mostly amex revolvers are going to be better in the long run.

Re: AMEX PRG

mongstradamus — Fri, 11 Jul 2014 21:56:28 GMT

@red259 wrote:
If you have an amex revolver why do you want the charge card? There are a few reasons I can think of, but mostly amex revolvers are going to be better in the long run.

For me personally i would do an prg ED kind of deal, so you can get big signup bonus with prg and then keep mr points in your ed account. I don't remember amex having an no af card that could accrue MR points before ?

Re: AMEX PRG

Open123 — Fri, 11 Jul 2014 22:39:15 GMT

mongstradamus wrote: I don't remember amex having an no af card that could accrue MR points before ?

The ED is the first no-annual fee Amex which confers full transferability on MR points.

Re: AMEX PRG

Beckhsrules — Wed, 30 Jul 2014 17:36:37 GMT

Sorry I am not aware of what you mean by ED. Can you please explain me.

@mongstradamus wrote:
@red259 wrote:
If you have an amex revolver why do you want the charge card? There are a few reasons I can think of, but mostly amex revolvers are going to be better in the long run.
For me personally i would do an prg ED kind of deal, so you can get big signup bonus with prg and then keep mr points in your ed account. I don't remember amex having an no af card that could accrue MR points before ?

Re: AMEX PRG

Kenny — Wed, 30 Jul 2014 17:59:02 GMT

@Beckhsrules wrote:
Sorry I am not aware of what you mean by ED. Can you please explain me.
@mongstradamus wrote:
@red259 wrote:
If you have an amex revolver why do you want the charge card? There are a few reasons I can think of, but mostly amex revolvers are going to be better in the long run.
For me personally i would do an prg ED kind of deal, so you can get big signup bonus with prg and then keep mr points in your ed account. I don't remember amex having an no af card that could accrue MR points before ?

The new Everyday card -- that is MR based. https://www304.americanexpress.com/credit-card/compare/amex-everyday