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When to App for Amex Revolver

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Sub16610
Established Contributor

Re: When to App for Amex Revolver


@n777ua wrote:

App not approved at this time. Score was 774. Guess I have to wait for the letter.


Sorry to hear about your denial.  

Message 11 of 13
FinStar
Moderator Emeritus

Re: When to App for Amex Revolver


@n777ua wrote:

App not approved at this time. Score was 774. Guess I have to wait for the letter.


@n777ua-- did you receive the letter with the reason(s)?

Message 12 of 13
webrobby
Established Member

Re: When to App for Amex Revolver

You will gain your best initial SL and approvals when you carry the lowest balances.  They know because as a current customer they SP your credit multiple times per month.  They can track if your balances are consistently high or low and they will give you more credit - the less it appears that you need it.  Once you have revolving lines with them they'll let you run with them - but they are pretty averse to opening lines for people who appear to carry big balances with others.


@n777ua wrote:

I opened an Amex Plat in mid-august, and I have my eye on one of their revolving credit cards. How long should I wait until I apply for an other account, or do you think it'd be okay to app now ? 


 

Message 13 of 13
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