AMEX PRG vs BCE Credit Required. Late pay

[Anonymous]

I have been reading around here that the AMEX Gold Premier Rewards Card is "Easier" to get than the AMEX BCE because one is a charge card and one is a revolver.  Is there any truth to that?

My wife is getting ready to apply Fico 690, however she has a 30 day late payment 9 months ago and a 30 day late from 2 years ago.  Is that a non-starter for AMEX?

[wingennis]

I got my PRG when my score was 647 and my BCE when my score was 660.  I have three paid charge-off's from 2012.  Does she have any prior relationship with AMEX?  That seems to help.

[Anonymous]

No no prior relationship with AMEX.  Her Util is 10%, has 2 bank cards (cap and wells) and 1 retail card.  The late payment from 8 months ago is on a paid in full closed account and the one from 2 years ago is paid in full as well.  Will eventually try goodwill, but for now am curious.

Interesting you applied for PRG before the BCE, any reason?

[Anonymous]

Quick Data points from my recent BCE approval a couple of weeks ago. $10k SL.
Ex: 708
Tu: 645
AAoA: 2yr 1mo
Currently one baddie Tu: debt in collections $2029
1 30 day late showing from 2016
INQ at time of apping
Tu: 15
Ex: 10
UTILIZATION was at 48%

[Anonymous]

AAOA for her is about 4 years. The 3 open accounts are 7 years (biggest limit) 5 years and 2 years.

Only 1 inquiry on TU. 0 on other 2.

It’s sojnding like she may have a better chance than I thought. Think I saw that AMEX likes open card with limit over 5k and relatively thin files.

[Anonymous]

My file was thin and I had no CC with a limit higher than $2100 I'd say with her low INQ and score her odds of getting BCE are fairly good if that's the card she wants I wouldnt waste a HP on the other because it may or may not be easier to get she has a strong AAoA I'd say go for but that's just my honest opinion.

[Anonymous]

Yeah, I think so too. I think she would be good to go; I don't think isolated 30s would scare them away. Also, I like the fact that she has a smaller number of cards, means more spend on AmEx. I vote yes, go. 

[Anonymous]

Really appreciate all the info. She really wants an Amex, May not be the best card when comparing rewards but she seems to have her mind set on it.

[Anonymous]

She has good taste. I have always had great luck/dealings with them. Good things crop up from time to time. You'll see. Best of luck!

[Anonymous]

I love mine and she will too do what's best for your health and let the woman have what she wants. Best wishes and good luck.