topic Re: Amex App question for Forum Experts in Credit Cards

Amex App question for Forum Experts

ScarletFever — Tue, 12 Aug 2014 18:27:07 GMT

I want to app Amex, and need to know if it's a good time.....or not. Two weeks ago, I finally paid a $411 balance well past SOL and not reporting. It was a load off my credit mind. I want to app simply to get 23 years of history, a strictly "business" decision. My report is clean for the first time in years. Stats: scores below: 1% utility, AAOA 5 years-oldest-14 years. 3 new cards last December. 2 inqs on Exp and EQ, one on TU (all Dec. 2013) Amex softed me a bunch at the end of 2013, early 2014. Possibly for a business card; I registered anLLC in Nov and received several invites for business cards. No invites for personal cards. Another soft pull from two weeks ago, about the time I paid the $411 balance. This SP however, was placed by "American Express 2", the others by "American Express." I checked pre-approvals on their site, up came Everyday, BCP and Platinum. So, what are you thoughts and experiences? Lay some knowledge on me.

Re: Amex App question for Forum Experts

Closingracer99 — Tue, 12 Aug 2014 18:31:55 GMT

I would go for it ...worse that can happen is another pull on your EX and a decline and 1 more with yours isn't terrible

Re: Amex App question for Forum Experts

ScarletFever — Tue, 12 Aug 2014 18:33:59 GMT

By the way, what is the likelihood if being treated as a current member regarding HP v SP?

Re: Amex App question for Forum Experts

ScarletFever — Tue, 12 Aug 2014 18:36:00 GMT

Thank you!

Re: Amex App question for Forum Experts

Closingracer99 — Tue, 12 Aug 2014 18:51:19 GMT

@ScarletFever wrote:
By the way, what is the likelihood if being treated as a current member regarding HP v SP?

I belive it is only a HP if you get approved? Not 100% sure on that but I remember seeing that in another thread

Re: Amex App question for Forum Experts

ScarletFever — Tue, 12 Aug 2014 19:01:54 GMT

I have seen that as well . I also have seen where current members have only had a sp. Wondering if I am considered a current member...

Re: Amex App question for Forum Experts

CreditDunce — Tue, 12 Aug 2014 19:44:52 GMT

I believe you must login to your AE account and apply for it to be a SP for current members. If you don't currently have a card, it will be a HP.

However, since you have been pre-approved for some revolvers, I think you will be approved. It would have been a HP in any case with the approval.

Re: Amex App question for Forum Experts

peaceonearth — Tue, 12 Aug 2014 20:36:28 GMT

@ScarletFever wrote:
By the way, what is the likelihood if being treated as a current member regarding HP v SP?

If you're not an AMEX member (do not have an AMEX card) it will be a hard pull either you're approved or not approved.

Re: Amex App question for Forum Experts

Anonymous — Tue, 12 Aug 2014 20:56:43 GMT

Go for it. Good luck. Let us know how it goes!

Re: Amex App question for Forum Experts

ScarletFever — Tue, 12 Aug 2014 23:09:10 GMT

Thank you, everyone!