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AMEX matches yes or no?

Valued Contributor

Re: AMEX matches yes or no?

I think prequalification is based on Amex' beliefs about your income and lifestyle, NOT your credit. I could be wrong.


In my limited experience, being prequalified for a card has no bearing for whether I'm approved, it just may give a better SUB offer.


However, if you click to apply for a card when logged in, if it says "you're preapproved!", that seems solid.


I didn't attempt this until I already had a corporate card set up, so I don't know how it works if you don't have an Amex card yet. But long story short, "prequalified" is unrelated to whether you'll be approved, "preapproved" is pretty reliable. JMO, good luck!

FICO Resilience Index: 66. Cards: 14/24, 0/12, 0/6. Accounts including loans: 17/24, 1/12, 0/6. At first accidentally, later deliberately, I used what I call the "thick-start" build method, which leads to heavy credit-seeking for a while with the goal of coming out of it without needing to build a thin profile for years. There are pros and cons. Thread describing method
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Authorized user / Corporate / Auto loan / Personal loan

Card CLs total $104,100, not counting the AU card. The AU card brings the total to $129,100. In March 2019, card CLs totaled $0.
CU and bank memberships: Coastal Credit Union, member since 1987, direct deposit; PenFed, member since 2019; Navy Federal, member since 2020; USAA, member since 2020; Chase Bank, member since 2020.

Closed but still on reports: American Express Delta Gold, $1,000, 09/19-10/20 | American Express Hilton Aspire, $3,100, 09/19-12/20 | Citi secured, $200, 04/19-09/19 | Capital One secured, $300, 04/19-08/19 | My Jewelers Club, $5,000, 05/19-08/19 | Green Dot Primor, $300, 05/19-08/19 | Self Lender secured $500 loan, 04/19-01/20 | Unsecured personal loan from Coastal, $1,000, 06/19-08/19.
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Community Leader
Super Contributor

Re: AMEX matches yes or no?

Prequalified simply means you meet some basic combination of income, score, and profile that falls into the “acceptable” zone on the bell curve of their potential customer data. It is not binding and you can be declined if things don’t shake out to the liking of the lender. Being preapproved means that you’ve satisfied their requirements and is a firm offer for credit, which they must extend if you accept the terms, unless something in your reports has changed to the detriment of your profile and removed you as a viable customer based on the lender’s standards and metrics.

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