topic Re: Apps and AMEX F/R in Credit Cards

Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 19:54:06 GMT

I just did a mini apporama the last few days and I still desire one more application!

So far I have applied for:

Citi Plat Select AA WMC (Need to send docs to finish app)

Amex Gold (Instant Approval)

Discover Miles (Approved $3500)

I want to either get a Freedom WMC or AMEX Blue, but I don't want to chance my Amex Gold or having accounts with AMEX at all! Would I be risking FR by continuing to apply for more cards? What would you do if you were me!

Keep in mind:

Score's in 700's

$100k+ Personal Income

Single digit UTL

Re: Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 21:10:41 GMT

How many current CC TL's do you have?

Re: Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 21:39:51 GMT

2 Store

9 CC

2 CC AU

Plus the other 3

Re: Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 22:34:16 GMT

you have an amex gold right? if so you may want to consider appng the blue in jan, for a couple of reasons.

1. you will get the max amount of history for the new account. (amex gives history from the month the new account is opened and the year of the first account relationship, ie cardholder since '95, new app in '09 would get history reported as 1/95 vs 7/95 if you appd today).

2. your new accounts would be at least 6 months old and already gaining points back from the new account hit.

3. i think the rewards structure goes by calender year so pushing over 6.5k in the last 5 months wouldn't get you the most out of it (at least not w/o great effort maybe?)

however, i think my aa had something to do with the fact that i live in a state that has a high mort default rate and the number of new accounts (31 in the last year, but this includes several car refi's and flushing and replacing just about every cc i had).

just some thoughts.

Re: Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 22:36:13 GMT

I say stop.

Carsalesmn wrote:

I just did a mini apporama the last few days and I still desire one more application!

So far I have applied for:

Citi Plat Select AA WMC (Need to send docs to finish app)

Amex Gold (Instant Approval)

Discover Miles (Approved $3500)

I want to either get a Freedom WMC or AMEX Blue, but I don't want to chance my Amex Gold or having accounts with AMEX at all! Would I be risking FR by continuing to apply for more cards? What would you do if you were me!

Keep in mind:

Score's in 700's

$100k+ Personal Income

Single digit UTL

Re: Apps and AMEX F/R

fused — Sun, 06 Jul 2008 22:51:20 GMT

I second the STOP!

Re: Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 22:56:04 GMT

I guess I am officially done!!! I need to check into the concorduser center now!

Re: Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 22:59:29 GMT

fused wrote:

I second the STOP!

Motion carried!

Re: Apps and AMEX F/R

SonorityGenius — Sun, 06 Jul 2008 23:03:04 GMT

Carsalesman I would point you to your own siggy

"Work your existing TL's before applying for new credit!"

-- you have over 9 CCs already and applied for 3+ more..

do you REALLY need these?

Re: Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 23:32:25 GMT

I agree!!!!!! I am just trying to make a perfect line up of credit that assists my financial needs and matters. I am still a little bit away for achieving that, but I am content for the moment!

Re: Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 23:42:04 GMT

imducky wrote:

3. i think the rewards structure goes by calender year so pushing over 6.5k in the last 5 months wouldn't get you the most out of it (at least not w/o great effort maybe?)

Just want to point out that the rewards goes by anniversary date.

Although I agree to wait.

Re: Apps and AMEX F/R

Anonymous — Sun, 06 Jul 2008 23:44:21 GMT

thrasher865 wrote:

imducky wrote:

3. i think the rewards structure goes by calender year so pushing over 6.5k in the last 5 months wouldn't get you the most out of it (at least not w/o great effort maybe?)

Just want to point out that the rewards goes by anniversary date.

Although I agree to wait.

ok, wasn't sure. thanks.