@bmmob wrote:
I received a custom offer code in the mail from Hilton Honors for up to 200,000 point bonus and special intro APR of 0% for 12 months. I am weary not because of the offer code itself but because it is coming from AMEX/Hilton not even 2 years post bankruptcy discharge. From my understanding, offer codes are normally iffy and not guaranteed but from reasearch and what not, if offer codes come from institutions like Chase and AMEX that means your approval chances are more solid than if it were to come from someone like Capital One, correct? Please correct me if I am wrong. What stands out to me is when I go type in my offer code it states that my variable APR after the 12 month 0% APR will be 15.24%-19.24% but clicking on the offer terms it states that the APR will be 15.74% to 24.74% depending on blah blah blah (you all know the drill). I did not burn AMEX because I did not have them to burn. So, is this special offer just marketing based off my hilton honors account or more of a pre approval given that 15.24% APR of which is lower than the 15.74% listed on the offer terms page that everyone sees and the 0% intro?
Edit: I just realized the 15.24% to 19.24% is the APR specfically for the Surpass Card which is the one with the $95 annual fee. So, how would I qualify for the 15.24% to 19.24% on both cards if the no annual fee card starts at 15.74%?
No, the offer codes are meaningless in the context they're simply used for tracking purposes of a given marketing solicitation, in this case their partnership with the Hilton program. The codes are simply tied to the promotion or SUB, not a guaranteed approval.
Since you mentioned you didn't IIB or burn AmEx, then the typicall wait time is 5 years + 1 month (give or take) for AmEx to consider your application given the presence of BK on your reports. The offer will not circumvent their internal UW processes as mentioned upthread. These marketing offers are typically generated on behalf of AmEx by a third party.
