Congrats to the new gold card! 
@Anonymous wrote:
@Anonymous wrote:
@trumpet-205 wrote:
@LS2982 wrote:
@CS800 wrote:Do i hear a confirmation that as an existing AMEX customer, a denial = no hard hit?
That's what contributors here have been saying. There are a few threads with this response in it.
That would be great. Was thinking about applying BCE at 2012 and if approved close my ZYNC card.
That's correct. Soft hit if denied and you get your EX FICO. If approved, hard inq and no FICO.
Not exacly true, I just received my 3rd AmEx Card and this time for some reason AmEx sent me a letter Congratulating me and in the Congrats letter it contained my EX FICO they used in part to determine my creditworthiness.
I did not receive a Congrats letter for my first two AmEx cards, but for some reason they sent me a letter this time and in the letter was my EX FICO, I was like YES, I finally know my EX FICO.
From what I understand, you will recieve your credit score on any app that you did not get approved for the best terms. May not be a FICO, but you will recieve a score. On AMEX inpeticular it's a FICO.
@Anonymous wrote:
@LS2982 wrote:
@Anonymous wrote:
@Anonymous wrote:
@trumpet-205 wrote:
@LS2982 wrote:
@CS800 wrote:Do i hear a confirmation that as an existing AMEX customer, a denial = no hard hit?
That's what contributors here have been saying. There are a few threads with this response in it.
That would be great. Was thinking about applying BCE at 2012 and if approved close my ZYNC card.
That's correct. Soft hit if denied and you get your EX FICO. If approved, hard inq and no FICO.
Not exacly true, I just received my 3rd AmEx Card and this time for some reason AmEx sent me a letter Congratulating me and in the Congrats letter it contained my EX FICO they used in part to determine my creditworthiness.
I did not receive a Congrats letter for my first two AmEx cards, but for some reason they sent me a letter this time and in the letter was my EX FICO, I was like YES, I finally know my EX FICO.
From what I understand, you will receive your credit score on any app that you did not get approved for the best terms. May not be a FICO, but you will receive a score. On AMEX inpeticular it's a FICO.
So if you are approved for a charge card you will not get a score because the terms are the same for everyone, except the zync counteroffers. Am I understanding this correctly?
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That's right... You won't get a "score" for the charge products because the terms are the same for everyone. If you apply for a revolver, you will get the score if you don't receive the best terms available for the card you are applying for or if denied. You will get a "score" if you are denied for the charge products too.
I was just approved for the Gold card and didn't get my FICO because I received the same terms as everyone else.
It is bitter sweet getting the card. I am happy as ______ that I can apply for a credit/charge product now and NOT feel with certainty that I will be denied. I've been working hard to get my scores up, so when I apply for a card now, it hurts me to app because I don't like the inquiries.
Statistically, the individuals with the best scores haven't app'd for a credit product in years.
I want be one of those people! One day I will!!!
