cancel
Showing results for 
Search instead for 
Did you mean: 

should I app for amex bcp

tag
Anonymous
Not applicable

should I app for amex bcp

Hey,

I'm just looking for opinions. I'm planning on making a 2000$ purchase in the coming weeks and am hoping to take advantage of their 15 month 0% intro and 250 back for spending 1000.

My score currently is 740. Now this will be my first American express card. Is it safe to go for the bcp as my first one? I am prequalified for it at 12.99% interest. I have no derogatory marks but I did open a chase freedom last month im not sure if that matters.

Lastly I'm wondering what kind of limit I would get if approved. My 2 cards I have now are 1600 and 1200. I need a limit over 2000 to make this purchase. Think I have good odds of getting that kind of limit? My income is 30000.

Thanks for any help!
Message 1 of 13
12 REPLIES 12
Anonymous
Not applicable

Re: should I app for amex bcp

Maybe I should add a little more info. I have a 6 month old car loan, utilization at 1%, aaoa is 2 years 8 months. Thanks!
Message 2 of 13
coldnmn
Mega Contributor

Re: should I app for amex bcp

Nothing is a guarantee.  But in my opinion you have a very good chance of getting the card. Good Luck!

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
Message 3 of 13
Anonymous
Not applicable

Re: should I app for amex bcp

Very good chance!
Message 4 of 13
Anonymous
Not applicable

Re: should I app for amex bcp

You look solid for it... Report back with results if you do apply for it.

Message 5 of 13
UncleB
Credit Mentor

Re: should I app for amex bcp

I'll be surprised if you have a problem getting approved.  You might have to get a CLI if you aren't started with a high enough CL for your purchase, but luckily with Amex that's possible right away if your credit profile supports it, and it sounds like yours likely does.

 

As with everything, YMMV, but there's only one way to know for sure... Smiley Wink

Message 6 of 13
OmarGB9
Community Leader
Super Contributor

Re: should I app for amex bcp

I think you're golden. YMMV of course, but you seem to have good stats. Let us know how it goes!

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

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 7 of 13
SecretAzure
Valued Contributor

Re: should I app for amex bcp


@Anonymous wrote:
Hey,

I'm just looking for opinions. I'm planning on making a 2000$ purchase in the coming weeks and am hoping to take advantage of their 15 month 0% intro and 250 back for spending 1000.

My score currently is 740. Now this will be my first American express card. Is it safe to go for the bcp as my first one? I am prequalified for it at 12.99% interest. I have no derogatory marks but I did open a chase freedom last month im not sure if that matters.

Lastly I'm wondering what kind of limit I would get if approved. My 2 cards I have now are 1600 and 1200. I need a limit over 2000 to make this purchase. Think I have good odds of getting that kind of limit? My income is 30000.

Thanks for any help!

Or you can apply for BCE, have no AF, the same 0% interest, some $$ back and you can upgrade to BCP whenever you really feel like it. Smiley Happy

 

I'm of the mind that you don't have to have an AF if you don't think you'll be getting great use from a card. If you are going to use the categories and spend heavily on this card to make use of them, then by all means, apply for this card. If you don't on the other hand, apply for BCE and don't worry about the AF.

"Show your thanks with action! Hit the "Kudos" button (the stripe with the star) for every post you find helpful to show your appreciation to the community of great individuals who help you on these forums" -Me

Active Cards: Chevron Texaco, Amex BCE, Barclays Ring, Chase Freedom, Chase Freedom Unlimited, Best Buy Visa, Marvel MCMust garden until 2/1/2022 to hit my goal AAOA. Smiley Indifferent
Message 8 of 13
taxi818
Super Contributor

Re: should I app for amex bcp


@SecretAzure wrote:

@Anonymous wrote:
Hey,

I'm just looking for opinions. I'm planning on making a 2000$ purchase in the coming weeks and am hoping to take advantage of their 15 month 0% intro and 250 back for spending 1000.

My score currently is 740. Now this will be my first American express card. Is it safe to go for the bcp as my first one? I am prequalified for it at 12.99% interest. I have no derogatory marks but I did open a chase freedom last month im not sure if that matters.

Lastly I'm wondering what kind of limit I would get if approved. My 2 cards I have now are 1600 and 1200. I need a limit over 2000 to make this purchase. Think I have good odds of getting that kind of limit? My income is 30000.

Thanks for any help!

Or you can apply for BCE, have no AF, the same 0% interest, some $$ back and you can upgrade to BCP whenever you really feel like it. Smiley Happy

 

I'm of the mind that you don't have to have an AF if you don't think you'll be getting great use from a card. If you are going to use the categories and spend heavily on this card to make use of them, then by all means, apply for this card. If you don't on the other hand, apply for BCE and don't worry about the AF.


Agree. You should have no issues what so ever. nothing is 100%. but in your case it is as close as you can get. any lender can say no. but you look golden.

Message 9 of 13
Anonymous
Not applicable

Re: should I app for amex bcp

Did you apply?  What was the outcome?

Message 10 of 13
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.