I don't have the best of credit, but had an offer for the American Express Blue Cash Preferred. I wanted to basically hold off on new accounts because of a low AAoA but I really wanted this card (actually, I wanted the Blue Cash Everyday because of no annual fee) but I had an offer for $250 for preferred, so even taking the annual fee of $95, I would have come out ahead at least for the first year PLUS get 6% on groceries and 3% on gas. (I previously saw the BCE at $100 and the BCP at $150).
My credit report is as follows:
Loan from 8 years ago I got from my credit union to build credit (one year term, 100% repayment)
Discover (unpaid) CHARGEOFF from six years ago, gone from TU but still on EX and EQ
Capital One Secured Mastercard $49 deposit for $200 limit, bumped to $500, opened 07/16
Chase Freedom $500 limit, opened 10/17
CIti Double Cash $1,000 limit, opened 10/17
4% Credit Utilization
FICO 8 SCORES (AMEX pulled Experian for sure, because I got the alert, but still uncertain if any others were pulled). EX 634 (as of day of application); TU 710; EQ 638
TU and EQ are higher because those are from last month when my utilization rate was 38% (I pay in full, but my Citi Double Cash cut the statement with a higher balance showing and now was fully paid).
APPROVED $1,000 limit ($750 available for 0%BT till 2018, but I don't have any balances to transfer because I don't have CC debt). I am not complaining of the limit. I hope it grows as time goes on (Experian should be clear of blemishes by 08/17).
If you want the bonus check the website and keep coming back till the right bonus is showing!
