Amex BCP approval

bluediamond63 · ‎04-26-2014

So after being approved in November for the Total Rewards Visa Sig card and in December for the Marriott Rewards Premier Visa Sig card I decided to apply for a Amex card. I've never had one and wanted to get one because I just got a membership to Costco and thats the only credit card they accept. I was trying to decide between applying for the True earnings card, the BCE, or the BCP. I finally decided on the BCP because the rewards structure would fit me best. I apped tonight not really expecting to be approved since in the past 6 months I have opened 2 new credit cards (as mentioned above) and purchased a new car and within the past year purchased a house. But to my surprise I was approved for it with a $12,900 limit and a 14.99% APR!! Also, I was reading about this requesting 3x CLI thing after 61 days. So does that mean I can ask for a $38,700 limit after I've had the card for 2 months???

-Wade- · ‎04-26-2014

@bluediamond63 wrote:
So after being approved in November for the Total Rewards Visa Sig card and in December for the Marriott Rewards Premier Visa Sig card I decided to apply for a Amex card. I've never had one and wanted to get one because I just got a membership to Costco and thats the only credit card they accept. I was trying to decide between applying for the True earnings card, the BCE, or the BCP. I finally decided on the BCP because the rewards structure would fit me best. I apped tonight not really expecting to be approved since in the past 6 months I have opened 2 new credit cards (as mentioned above) and purchased a new car and within the past year purchased a house. But to my surprise I was approved for it with a $12,900 limit and a 14.99% APR!! Also, I was reading about this requesting 3x CLI thing after 61 days. So does that mean I can ask for a $38,700 limit after I've had the card for 2 months???

Congrats on your approval

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******

Anonymous · ‎04-26-2014

@bluediamond63 wrote:
So after being approved in November for the Total Rewards Visa Sig card and in December for the Marriott Rewards Premier Visa Sig card I decided to apply for a Amex card. I've never had one and wanted to get one because I just got a membership to Costco and thats the only credit card they accept. I was trying to decide between applying for the True earnings card, the BCE, or the BCP. I finally decided on the BCP because the rewards structure would fit me best. I apped tonight not really expecting to be approved since in the past 6 months I have opened 2 new credit cards (as mentioned above) and purchased a new car and within the past year purchased a house. But to my surprise I was approved for it with a $12,900 limit and a 14.99% APR!! Also, I was reading about this requesting 3x CLI thing after 61 days. So does that mean I can ask for a $38,700 limit after I've had the card for 2 months???

Yes.

Congrats on your approval.

CAnNY · ‎04-26-2014

Congrats!

Yes, but asking for more than 25k raises a flag for them and they will require docs from reading the definitive amex thread. Just a heads up.

Starting Score: TU 489 EQ 561 EX unknown (2/24/2013)
Current Score: Lender Pull (11/15/13) EQ 702, TU 679, EX 684
Goal Score: 720

Take the myFICO Fitness Challenge

NursePurse · ‎04-27-2014

Awesome, congrats!

EQ FICO 694 TU FICO 689 EXP FICO 695(Started rebuilding in Nov 2013, student loan charge-off's dating from 2011, all marked as paid on CRB's) 14% Utl Chase United Mileage Plus $5G/Citi DoubleCash $4G/USAirways MC $5G/NFCU cashRewards $11,500/Navcheck $10G/Cap1 Quicksilver1 $2,500/Cap1 Quicksilver1 $2G/Gap $2500/Barclay Rewards MC $1G/Walmart $2,500/CareCredit joint $8400 LOFT/Express/VS all $2500 /J.Crew$7500/True Value $3G/True Value Discover$3G/Nordstrom $6G/Amazon $4G/ Amex Hilton HHonors $1G/Chase Amazon $500/Chase Freedom $2G/Paypal MC $4G/Amex Everyday $2G/Venture $5G/Amex Costco$2G

alvon123 · ‎04-27-2014

congrats

Navy Cash Rewards Visa Signature 30,000 @ 11.65%

Comenity Caesars Rewards Visa $20,000 @22.99%

USBANK Kroger Rewards World Elite Mastercard $19,000 @23.99%

BigBS · ‎04-27-2014

@CAnNY wrote:
Congrats!

Yes, but asking for more than 25k raises a flag for them and they will require docs from reading the definitive amex thread. Just a heads up.

Congrats, OP! This number is debatable. It generally ranges from $25k to $35k and then needing to providing forms (4506T) to verify income. You can either do it online yourself or call and talk to a CSR, if you're worried.

Score: EQ(784) EX(788) TU(792)
INQs: EQ(2) EX(6) TU(2)
Last INQ: 08 Jul 25

Total Credit Limit - $2.0M

fungoman · ‎04-27-2014

25k does not always trigger income verification. Plenty of examples on this site to prove so.

Anonymous · ‎04-27-2014

Congrats!

gdale6 · ‎04-27-2014

Grats on your new AMEX