I've a bit of a dilemma and would love some quick advice.
In January 2014, I was approved (on the same day) for my first 2 Amex cards: the Jet Blue (7.5K limit) and the Platinum Amex (ultimately back dated to December 2014), I've been rebuilding my credit in the last 2 years and have worked hard to get my scores to the high 680s-690s, which is where they've been hovering for the last 6 months. I still have a couple of cards with mickey mouse limits (700 and 1000 respectively), that I'd like to just close since both are under two years provided I receive another card with a respectable limit to cover those two. The rest of my cards are pretty decent.
Here's my dilemma: in a dumb (but hopeful) move, I applied for the Amex Everyday Preferred card and received the "In progress" status along with a message that said states "we will notify you if we need additional information or once the application has been processed". I applied this past Saturday, so couldn't speak to anyone to recon and have to wait until tomorrow morning to do so. As I've been thinking about it, while I realize it'll be a soft inquiry if denied and a hard pull if approved, can I just call them to cancel the application altogether since they haven't really made a decision either way? I just checked my FICO scores and i'm at 686 across all three.
I think I should probably just nurture my current Amex cards until I get to my 3X CLI day, and then perhaps apply for the EDP in 6 months.
Stupid and impulsive, I know. I couldn't help myself. Any advice from our seasoned vets? Would appreciate it very much.
Thanks!
OP, I started a new thread for better exposure. Lexie
BofACash Rewards - 10K; CSP - 10K; CapitalOne Quicksilver - 8K; VisaBlackCard - 10K; a few other toy cards that are tucked away in my sock drawer with no balance.
Current FICO 8: EQ-694; TU-703; EX - 696
Thanks Lexie!
@Irish Thanks very much for the response. I woke up this morning with full intentions of calling to cancel the application (would've been against your advice, I know 
), but instead woke up to a congratulatory email from Amex stating that my application had been approved! 
After I followed the usual emails to register my card, link it to my existing Amex app and bank account, I saw my CL to be 5K. I suppose I must be doing something right! I'm still apprehensive about the additional hard pull, but I guess I can live with it. My plan is to definitely close out the 2 toy cards I have and tend to the rest of my accounts from here on out.
Thanks again for the input!
Congrats! Happy it worked out for you. Don't forget the 3x CLI
NFCU Flagship $32K | NFCU Cashrewards $42K | Discover IT $39K | SECU Visa $20K | Chase SW $24k | CSR $15K | Chase Bonvoy $11.5K | Chase Freedom $11.5K | Chase Amazon Visa 8.5K | AMEX Bonvoy $18.1K | AMEX Hilton Surpass $15K | AMEX Hilton Aspire $24.4K | AMEX Gold | Aviator Red $16K | Uber Visa 10k | Citi TY Premier $24.6K | BoA Premium Rewards 35k | BoA Cash Rewards Visa $31.5k | BoA Cash Rewards MC $23k | US Bank Cash+ $10k | USAA AMEX $6K | Cap1QS $11K | BJs MC $27.6K | Walmart MC $5.1K | Loft MC $25,000 | Macy’s Store/Amex $20K/$1K | BR Visa $10K | JCP $1K | VS $3.2K | Home Depot $5K | Lowes $8.5K | Target $14.5k
Thanks! I'm going to request my Jet Blue's 3X CLI on March 29th, so I can't wait! And it's 6 months from that date to request a CLI on a different Amex account, correct?
Yup. 180 days between requests.
@Sun and @Sapingo: Thanks!
@Wolly: I'm a little chicken to do it early! LOL I definitely don't want to mess this up. Is that a new thing? The early 3X CLI, I mean?