Amex,when to apply?

Anonymous · ‎03-15-2016

Hi all,

I dont wish to have too many cards but my main card if any would be the Amex Blue Cash Preffered for the 6% at supermarkets. I have never had an account with amex and my current scores average about 600 across all 3 credit agencies. What would be the best approach at getting approved for it? Should i at some point try for one of their other cards like the delta amex and try to build history with them first, or should i wait till my score is higher than apply? Any advice is appreciated. Thanks

lindsaydruart · ‎03-15-2016

I got my Delta Gold with a 648 EX score. Not a week prior, I have 639 and they declined. I would app until you are in the 650s.

Gardening since 12/15/2019. Goal 12/15/2021
FICO 8 as of 12/16/2019 - EQ 602 EX 656 TU 628

myjourney · ‎03-15-2016

@Anonymous wrote:
Hi all,

I dont wish to have too many cards but my main card if any would be the Amex Blue Cash Preffered for the 6% at supermarkets. I have never had an account with amex and my current scores average about 600 across all 3 credit agencies. What would be the best approach at getting approved for it? Should i at some point try for one of their other cards like the delta amex and try to build history with them first, or should i wait till my score is higher than apply? Any advice is appreciated. Thanks

More info needed

Baddies?

What's holding scores down?

List all TL's you have now?

No never ever settle for a card you can't use just to get in the door with a lender ....any lender it's a waste to you and your profile

Hold out for what you can use and prosper from and then go get it

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

Anonymous · ‎03-15-2016

You wont get in with a 600. I have been denied with a 712, first citing not enough experince with amex. I have put in the experience, and still nope. I tried with a 700, and a 690. Apparently they favor bankrupcies over chargeoffs, so if that is the reason your scores are low you have a better chance than I have.

Anonymous · ‎03-15-2016

I have no bankrupcies, have a couple of charge offs with citibank, chase and walmart. I have secured cards with cap one, fnbo, discover. and amazon store and walmart card. Also have a fingerhut account.

myjourney · ‎03-15-2016

@Anonymous wrote:
I have no bankrupcies, have a couple of charge offs with citibank, chase and walmart. I have secured cards with cap one, fnbo, discover. and amazon store and walmart card. Also have a fingerhut account.

You're doing a great job thus far

Continue building good history while you work on CR's and before you know it scores will be higher

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

jbsea · ‎03-15-2016

How long ago was your charge offs? are they paid off?

Amex Gold / Amex Platinum / Amex Marriott Brilliant/ Amex BCP/ Capital One Venture (AU) / Capital One Savor One/ Discover / NFCU Cash Rewards / BOA Unlimited Cash Rewards / NFCU GO Rewards (AU) / Amex EDP / NFCU Flagship Rewards / Chase Freedom (AU) / Capital One QuickSilver / Citi Costco (AU) / Amex Delta

OmarGB9 · ‎03-15-2016

I'd wait till reports are cleaner and scores are north of 680; the BCP is a tough card to get.

Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:

Current FICO 8 scores:

Anonymous · ‎03-16-2016

Charge offs are from about 5 to 7 years ago. I havent paid off since they will fall off report and i didnt want to restart the clock of them reporting. I was going to wait until they fell off to settle.

Anonymous · ‎03-16-2016

GL. All my chargeoffs are paid or settled for less, and amex gave me training wheels. us bank, bofA won't touch me even with a secured card LOL. Hang in there.