Your scores are plenty high enough for AmEx, though since it looks like it would be your first card with them, I'd be more concerned with getting a starting limit of $1k or 2k than the APR.
*Insert obligatory "APR doesn't matter if you don't carry a balance" comment here*
BCE is a great card. Carry it with a Savor card and those two can give you a ton of cash back with zero AF. I love that I can pick up 3% Amazon and Walmart Pay purchases with it. And Home Depot when I use the HD app. Covers a lot of categories at 3%.
@markbeiser wrote:*Insert obligatory "APR doesn't matter if you don't carry a balance" comment here*
yeah, this pretty much
curious what your interest is in getting the lowest APR @IcyCool7227
if you want a low rate card, there's some really good actual low rate cards
but even if you don't get the lowest interest rate, I've gotten purchase apr reductions from both amex and discover, not that they were needed, just like seeing number go down, it's not unheard of to be able to lower it over time as you keep the card
no amount of rewards will make up for not getting a ~8-13% apr card to carry balances on if you're carrying balances on something
$2k limits aren't that bad with Amex, they'll usually go to $6k quicklly and sometimes get to $18k pretty quick as well. the $1k limits tend to stick around longer (as do any SL you get with them when you have a BK on file). I'm still at $5k on my BCP after almost 2yrs. Hoping that I can get that card to $10k soon enough (I don't care if it gets much past that).
@IcyCool7227 wrote:I need to update my siggy but I currently have a FICO 8 TU 762; EX 767; and EQ: 790. I know from DPs here that Amex pulls or can double pull TU and EX. I can get all FICO scores for free w/ Mercury cc for the TU, the EX app for EX; and the FICO app for EQ. I don't think that would be high enough to get approved for the lowest interest rate though so I want to apply but I would be very disappointed if I didn't get that low APR of 18.49%. I also would like to apply for Discover it as my own but that I can see doing second and read DPs that they can lower the APR after a year. I have a $997.10/$10k balance on my Amazon Prime Store Card that is set for a promotional balance to expire next May 30th paying equal payments, $136.50/$1k on my Chase Freedom Flex card with still many months of the 0% intro APR, and $253.79/$4,390 on my Mercury card. Overall everything currently sits at 5.78% util which is amazing because I have always been a high utilization user. I actually have more than enough money to pay all the cards off as I just did some bookkeeping work on my end but over half are mixed amounts in beer money reward accounts and college savings combined along with $502 in an investment account locked for almost 2 more months before it matures.
I guess whats frustrating is all the waiting to do before a significant portion is paid off on that Amazon balance to get near the 800s for that low interest rate. Amex on the phone could not give me a certain score or profile to obtain that low interest rate. So should both TU and EX scores be at least over 780 or is it really in the 800s where that is achieved? Seems Exp. is stubborn and takes longer to update than the other ones. What's interesting is that on these boards several years ago there were people getting rates at 13-15% for the same card so I can just imagine in like 50 years maybe the rate will be 40% or something. I am very close so fingers crossed!
It's a good card, especially the 3% on online purchases.
The interest rate should be irrelevant, because you're not going to get a good rate no matter what, and it's pointless to go for a rewards card if you're going to pay interest on it rather than pay in full every month.
So you should just apply.
