Amex Pre-Approved odds

[Anonymous]

Hello all, 

I am very interested in the Blue Cash Preferred card from Amex. I clicked on "Apply " and got the image below. It does show a APR range and not a firm APR. my FICO 08 on the Amex website is 741. No Derogs and utilization is 2%. My only concern is that I have only had the Gold card for 3 months. What would my approval chances be? 

*Mod edit*

@Anonymous - please redact or mask all personal information from your uploaded image - thank you

[Anonymous]

@Anonymous Amex pre-approvals are very reliable, so your chances are excellent unless there's been recent negative changes in your credit report.

You might also want to edit the image to remove personal information.

[Anonymous]

@Anonymous 

Thanks for responding and I forgot to blur out my name. I will re upload that image. You think I should wait longer since the Gold account is only 3 months old?? My ,sin concern is that the SL is somewhat decent. 

[Remedios]

Go for it. 

[Anonymous]

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@Anonymous wrote:

@Anonymous 

Thanks for responding and I forgot to blur out my name. I will re upload that image. You think I should wait longer since the Gold account is only 3 months old?? My ,sin concern is that the SL is somewhat decent. 

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@Anonymous The decision is up to you; but since you already have the pre-approval there's no harm in actually applying.  The worst they could tell you is to try again in 30 days.  Amex's rules allow for two card approvals in 90 days so that shouldn't be a problem.  Your starting limit will primarily be a function of your income and overall credit profile; having a recent approval for a charge card should not affect it.

[oDrew]

I'd say do it!

[Red1Blue]

Apply. What do you got to loose. Since you are Amex Card holder it will be a soft pull. If approved you are all set.  If not approved you can always apply for it again in the next 3 months.

[Anonymous]

Absolutely go for it. I closed my AMEX Platinum, Gold, and Delta SkyMiles in 2017 and went into a payment program. Paid it all off a year early, but still never recieved any pre-approvals. Last week, was pre-approved for a Delta Platinum. Pulled the trigger and recieved instant approval.

So, basically, go for it. Keep us updated!

[Rudy1]

That's a preapproval! When it says Applying to expand your card membership with us is easy that is most likely a denial. The Blue Cash is a good card and since you have an amex it's a SP no harm in trying.

[Brian_Earl_Spilner]

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@Red1Blue wrote:

Apply. What do you got to loose. Since you are Amex Card holder it will be a soft pull. If approved you are all set.  If not approved you can always apply for it again in the next 3 months.

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It's not always a soft pull. More than likely is, but there's still a possibility of a HP, especially since he's so new with them.