Should my DW app for PRG?

[Anonymous]

My DW has 4 current credit cards (20 years old with 10k limit, 7 years old with 15k limit, 2 cards less than a year old with 10k limits each).

She had an AmEx back in 95 which closed in 09 due to inactivity.

The mortgage and car loan is in her name. She had a ton of former cards that closed, all 10+ years old. Also her last 2 closed mortgages and 3 closed student loans.

She had NEVER missed a payment and had about 5 inquiries on her report.

I want her to build a relationship with AmEx and I think the PRG would become one of our main cards.

When is best to app (after 2 months when I reach my Venture and AmEx bonus)? AmEx pre qualifies me for 50k on the PRG, but I don't know about her... I don't want another card right now, but I think she should get an AmEx so we can global transfer one day and she can get credit easier in the UK.

[Anonymous]

The "best time" is based on personal views, especially when you are talking about wanting to hit reward goals on multile cards. The PRG would be a good card, but would need to apply when it makes sence to you.

[Anonymous]

Oh and her FICO scores are in the 700s. I was wondering whether her closed account with AmEx, or the 2 recent credit cards, 1 car loan and 1 mortgage would have an affect...

They were all acquired between May and November 2014.

[Anonymous]

No late or derogs on her reports and based off the info your provided I would say she would be highly approved...

Did she ever have any lates with Amex ever? They do have a very long memory...

Also check Amex pre-qual site, I bet she is good to be for any charge; green, gold or platinum!

Keep us posted...