Amex Charge or Revolver?

Anonymous · ‎10-16-2018

How can a person applying tell the difference between the ‘Charge Card’ and the credit card from Amex??

UncleB · ‎10-17-2018

@Anonymous wrote:
How can a person applying tell the difference between the ‘Charge Card’ and the credit card from Amex??

American Express Charge cards are the Green, Gold, Platinum, and Black/Centurion. All other cards are revolvers.

Anonymous · ‎10-17-2018

Thank you very much!! B/c I was confused!...lol

Now one more piece to the question, which are best and/or easier to apply for?

tcbofade · ‎10-17-2018

@Anonymous wrote:
Thank you very much!! B/c I was confused!...lol

Now one more piece to the question, which are best and/or easier to apply for?

All are easy to apply for.

What is best is up to you! We're all different here.

I, personally, have no use for a charge card. It doesn't benefit me. There are lots of folks that make good use of them.

Please research your options on Amex's website BEFORE you apply for something...choose the one that fits YOU the best, and see if you prequalify for it.

Fico 8 10/01/25: EX 795, EQ 800, TU 793.
Fico 9: EX 812 04/15/25, EQ 804 04/08/25, TU 792 02/15/25.

Zero percent financing is where the devil lives...

PointsBonus · ‎10-17-2018

The underwriting for the charge card and credit card is very lot different. Here are some scenario.

"Ok" Credit and trying to get your foot in the door ? - American Express Gold Charge card - MUST PAY OFF EVERY MONTH.

Excellent credit, and if you want the flexibility to carry a balance ? all you have to decide is if you want Hotel benefits or Delta benefits - Apply

"Ok" Credit = Now the best part is, if you apply and get approved for the Gold card, within the hour apply for a Delta Gold Credit Card and you should be approved for that as well, if not no big deal because they will use the SAME credit, and they WILL approve you for a revolver and a charge card with the same pull.

Hope this helps.

UncleB · ‎10-17-2018

@PointsBonus wrote:
The underwriting for the charge card and credit card is very lot different. Here are some scenario.

"Ok" Credit and trying to get your foot in the door ? - American Express Gold Charge card - MUST PAY OFF EVERY MONTH.
Excellent credit, and if you want the flexibility to carry a balance ? all you have to decide is if you want Hotel benefits or Delta benefits - Apply

"Ok" Credit = Now the best part is, if you apply and get approved for the Gold card, within the hour apply for a Delta Gold Credit Card and you should be approved for that as well, if not no big deal because they will use the SAME credit, and they WILL approve you for a revolver and a charge card with the same pull.

Hope this helps.

That charge cards were easier to get approved for used to be 'common wisdom', but more recently (last year or so) we've seen people get approved for revolvers (credit) cards and denied for the charge cards, so it's not quite as easy to predict as it once was. Some still might suggest that charge cards are easier to qualify for, but at this time I would say YMMV.

In-a-nutshell, I would recommend for someone to apply for the card that would serve them the best, not the one that was the easiest to qualify for. To put it another way, if you apply for a card that's not a good match for your needs it won't do you much good even if you are approved.

PointsBonus · ‎10-17-2018

agreed

EAJuggalo · ‎10-17-2018

Not to mention that the Gold card no longer has the first year's annual fee waived. You're paying $250 right off the bat now. I got my Hilton Amex with an Experian score of 660 and very high utilization. General consensus is that the two cards with the softest underwriting criteria are the Hilton and Delta cards.

EX700 TU 704 EQ 694 4/03/22
Cap1 QS-$4,500 Chase Freedom Flex- $800 Chase Freedom Unlimited- $1,000 Victoria's Secret- $1,200 Citi DC- $800 Amazon Store Card- $3,500 AMEX Hilton Honors-$1,000 Discover It-$1,000 Wal-Mart MC $290 Chase Sapphire Preferred-$5,000 NFCU Flagship $13,800 AMEX BCE-$1,000 AMEX Gold-$5,000 AMEX Delta Blue $1,000 Lowe's $5,000 Navy Platinum $17,000 AMEX BBP $2,000

wasCB14 · ‎10-17-2018

@UncleB wrote:
@Anonymous wrote:
How can a person applying tell the difference between the ‘Charge Card’ and the credit card from Amex??
American Express Charge cards are the Green, Gold, Platinum, and Black/Centurion. All other cards are revolvers.

...and their related cobrand cards.

The names don't always make it obvious. The Mercedes-Benz Amex Platinum (recently closed to new apps, I think) is a charge card while the Delta Amex Platinum is a credit card.

Personal spend: Amex Gold, Amex Schwab Plat., BofA PR+CCR(x2), Costco
Business use: Amex Bus. Plat., BBP, Lowes Amex AU, CFU AU
Perks: Delta Plat., United Explorer, IHG49, Hyatt, "Old SPG"
Mostly SD: Freedom Flex, Freedom, Arrival
Upgrade/Downgrade games: ED, BCE
SUB chasing: AA Platinum Select

Anonymous · ‎10-17-2018

From many I've seen here the Blue Cash Everyday is one of the easier ones to apply for that's a revolver. Even if you have a low credit score they will put you on credit steps to build. So a low low CL from $500-$1,000 but you can get CLIs after 6 months or so. These won't qualify for the 3x trick initially but they grow pretty good.
Best of luck!