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American Express Blue Cash Everyday CArd

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New Member

American Express Blue Cash Everyday CArd

I've been working to improve my credit since last summer. In August 2017, I applied for a Capital One Credit card based on CK suggestion was approved for a CL of $300, Sept received a pre-approval for Credit One and was also approved for a CL of 300 . I had two old medical collection accounts and 2 Derogatory charged off credit cards from First Premier bank. In January 2017 both companies increased my CL to $500. I later applied for a Discover card in Jan and was approved for $9,600 (they did a soft pull as I have no inquiries on my credit from Discover). Fast forward to March 13 and three inquiries later... Accord ing to CK my current Equifax is 703 and My TU increased to 693 on March 13. I'm not getting better credit card offers instead of the low balance build your credit cards. After reading the reviews from other customers, I was a little skeptical of applying because of my inquiries and derogatory items on my credit report. CK suggested this card so i went to  creditcards.com to see which cards I could pre-qualify for and AMEX Premier Gold and Everyday Blue Everyday and chose to give the latter a try since it's a revolving card and  has no annual fee. To my surprise I was approved instantly for $4000. They did an Experian pull (includes two derogatory First Premier credit cards). My credit score decreased (was 671 now its 670) 1 point but I'm ok. The goal is to get rid of the Credit One Card because it's good for Credit building not much else. I'll update my review once I actually use the card.

 

Capital One Platinum MC- $500

Credit One Visa-$500

Discover Card- $9600

AMEX Everyday Blue Card -$4000

703-EQ

693-TU (3/12 update)

EX- 671

(2 Derogatory credit card accounts from First Premier)

10 REPLIES
Regular Contributor

Re: American Express Blue Cash Everyday CArd

Wow very impressive for just over 6 months of rebuilding!

 

Be conservative on your spending and make sure to make all you payments,

PIF to avoid interest.

Check on the forum for removing the derogs if possible. 

 

Congrats  and Good luck!

(TUfico8 810)--(EXfico9 804)--(EXfico8 798)--(TUvs3.0 767)- CL- pers 175k+ util~5% biz $85k+
IHG 14.2k--BOA 15.5k--Amazon Prime Store 10k--Amazon PrimeVS 500--Amex Blue Cash Everyday 6k--WellsFargo Cash Wise 14k--PNC Core 10.2k--WalmartMC 10k--SearsMC 10k--Lowes 18k--Toyota 6.5k--Capital One 5250--BP 10k--Home Depot 24.2k--Chase FU 6.6k--Discover 15.5k
BIZ- Amex Plum NPSL--Amex SC+ $13.5k--Amex B4B $12k--Chase Ink $36k--PNC $25k
Message 2 of 11
Frequent Contributor

Re: American Express Blue Cash Everyday CArd

Congrats on the approvals. Remember, you now have access to FICO scores from Discover & AmEx


Message 3 of 11
New Member

Re: American Express Blue Cash Everyday CArd

Thank you. I definitely plan to use only what I can afford and will pay the balance in full every month. The same way I did with Capital One and Credit One. I've paid off Credit One and plan to cut it up. I'm not going to cancel it just yet but I don't plan to use it. The annual fee will bill around September of this year, I will cancel before it bills.

Message 4 of 11
Established Contributor

Re: American Express Blue Cash Everyday CArd

Welcome to the AMEX Clubhouse! There's Parcheesi in the parlour and Rummy in the den. Jeeves! Get this new member a hot toddy! Smiley Happy


Message 5 of 11
Frequent Contributor

Re: American Express Blue Cash Everyday CArd

Congrats on the nice approval and the rebuild!

Starting Score-(01/2017): FICO ||EX:575--EQ:549--TU:588||
Current Score--(04/2018): FICO ||EX:686--EQ:697--TU:715||




Message 6 of 11
Valued Contributor

Re: American Express Blue Cash Everyday CArd

Congrats on your Amex approval and successful build so far

State Farm Rewards (3,000) ~ Marvel MC (8,000) ~ PenFed Power Cash (10,000) ~ PenFed Promise (1,000) ~ PenFed OLOC (500) ~ Discover ($1,100) ~ Citi DC (2,200) ~ NFCU cashRewards (6,200) ~ NFCU Platinum (2,700) ~ NFCU CLOC (15,000) ~ Venture (10,300) ~ DCU Visa (5,000) ~ Chase Freedom (3,000) ~ Amex Hilton Honors (5,000) ~ Amex SPG (1,000) ~ Amex BCE (1,000) ~ Care Credit (15,000)
Current Scores (6/6/18): 697 Transunion, 659 Equifax, 674 Experian
Message 7 of 11
Community Leader
Super Contributor

Re: American Express Blue Cash Everyday CArd

NiceSmiley Happy



Gardening since 6/13/18
Goal: No hps or cli requests at least til 1/1/19, 7/13/20 preferable
Message 8 of 11
Member

Re: American Express Blue Cash Everyday CArd

Congrats!  Great work!

Starting Score: 634EQ, 617TU, 607EX
Current Score: 650EQ, 641TU, 645EX
Goal Score: 680 across the board


Take the myFICO Fitness Challenge
Message 9 of 11
Valued Contributor

Re: American Express Blue Cash Everyday CArd


@UrbanGemwrote:

I've been working to improve my credit since last summer. In August 2017, I applied for a Capital One Credit card based on CK suggestion was approved for a CL of $300, Sept received a pre-approval for Credit One and was also approved for a CL of 300 . I had two old medical collection accounts and 2 Derogatory charged off credit cards from First Premier bank. In January 2017 both companies increased my CL to $500. I later applied for a Discover card in Jan and was approved for $9,600 (they did a soft pull as I have no inquiries on my credit from Discover). Fast forward to March 13 and three inquiries later... Accord ing to CK my current Equifax is 703 and My TU increased to 693 on March 13. I'm not getting better credit card offers instead of the low balance build your credit cards. After reading the reviews from other customers, I was a little skeptical of applying because of my inquiries and derogatory items on my credit report. CK suggested this card so i went to  creditcards.com to see which cards I could pre-qualify for and AMEX Premier Gold and Everyday Blue Everyday and chose to give the latter a try since it's a revolving card and  has no annual fee. To my surprise I was approved instantly for $4000. They did an Experian pull (includes two derogatory First Premier credit cards). My credit score decreased (was 671 now its 670) 1 point but I'm ok. The goal is to get rid of the Credit One Card because it's good for Credit building not much else. I'll update my review once I actually use the card.

 

Capital One Platinum MC- $500

Credit One Visa-$500

Discover Card- $9600

AMEX Everyday Blue Card -$4000

703-EQ

693-TU (3/12 update)

EX- 671

(2 Derogatory credit card accounts from First Premier)


Congrats on the approval! If I were you, I would close that Credit One card right now. You only need 3 revolving trade lines for Fico scoring purposes, and your accounts are all so new that you barely have a 4 month AAOA, so you don’t need to worry about score dings. It’s only $500 of credit, so it’s not like you really need it. 




Starting scores: 552 EQ, 570 TU, 558 EX Current scores (3/24/17): 739 EQ 735 TU 761 EX
Message 10 of 11