Amex

[aesl1982]

My wife tried the pre qual Amex today. It says can’t preapprove for any cards, but we recommend these. Then it says special off for you, and has subs listed for a charge card, delta miles, and should she app or wait

[randomguy1]

People get approved without being prequalified but it’s hard to get any idea with any of her data points.

[aesl1982]

Dps
Exp 712
Util 12 percent
10 inq
Time since neg 2 years 5 months
Average age 4 years 6 months
Oldest 12 years 5 months
Newest account 1 month
No collections
4 revolvers currently
Cap one 13/500
Cap one 14/500
Total visa 298/300 (actually 10 not reported yet)
Merrick back 540/550 (actually 5 not reported yet
Care credit 0/3500

[GApeachy]

I was declined with less inquiries, score a little higher, card limits a little higher.  Maybe if she could get those limits up, no more inquires for awhile she'll see some pre-quals.  It certainly doesn't hurt but helps to wait.  Good luck to you both.

Edit to add:  Don't go by my Exp score now, it's taken a beating over the past few months.  But I believe my score was around 730 when I was declined.

[Anonymous]

I would suggest waiting for those accounts to update on her reports and try the prequal again. Amex won’t like seeing 2 accounts maxed out.

The inquires can be YMMV type situation.
10 isn’t low by any means, but waiting till some pass the one year would result in better odd / terms.

At the same time I’ve been approved for an Amex with 10 inquires and a lower score, but I was pre approved also.

[aesl1982]

That’s what she will do then, wait till reports things catch up and check again. Thanks for the advice!

[aesl1982]

She was preapproval for a discover it cash back card. But only for $500. Should she just deny it and wait a few months? $500 kind of worthless really and I have one with $5000 already

[randomguy1]

Waiting sounds prudent. When do they drop off and how are they distributed across the agencies?

[aesl1982]

Exp- has the fewest with 9 Start dropping off in January

Eq-12 start dropping in jan

Tu 13 start dropping in jan

Won’t be needing anything anytime soon so not a real big deal. Just trying to decide if she should take this $500 just to get in with discover or wait a couple months and then hit them up again.

[randomguy1]

Ah, was wondering if you had maybe much less in one.