Approved For American Express Cash Magnet After Pre-Approval

[Anonymous]

I am overjoyed and estatic that I was approved for the American Express Cash Magnet card after receiving a pre-approval letter in the mail. Just a heads up, they pull from Experian! I was approved with a welcome bonus of $200 after spending $1000 in the first three months and my APR is 19.24%. My Fico scores at the time were Experian 713 Transunion 730 and Equifax 745. My average age of accounts were 3.5 years with only two inquiries across all three bureaus. My reported annual income is $36,000 but I am a student without any students loans. Overall credit utilization is 28%. My starting credit limit is only $2000 but I know it will grow overtime if I use the card responsibly. I hope this helped someone thinking about applying.

[Anonymous]

Congrats big time!! Hey! Don't ever say 'just' when it comes to approval and limits in my opinion, any amount is a huge deal !! use it wisely and happy healthy credit!

[19eighty5]

Congratulations on your approval!

[Anonymous]

---

@Anonymous wrote:

... I am a student without any students loans ...

---

Look, a unicorn! 

Congratulations, Lana, on an excellent approval. Thank you for adding all the useful DPs. 

[chhull00]

Congratulations mate welcome to the Magnet club, enjoy

[difringe]

Congratulations on the approval! AMEX is pretty good with CLI, as you noted, it will grow if used responsibly!

[Anonymous]

Welcome The The Amex Family ... Beautiful looking card!

It will grow with time.

and by the way..."Welcome To The Forum"

[Cred4All]

Congrats on the approval!

[AverageJoesCredit]

Nice job Enjoy your Amex!

[Anonymous]

COngrats on your approval !!!