Actually, it's the opposite. Sp if denied ; Hp if approved.
They can use an older sp if its within 30 days.
They can use an older sp if its within 30 days.
Forgot to add- that's only for primary cardholders. If you are an ACM it's a Hp no matter the decision.
I'm sorry, I don't think I made it clear. I'm actually aware that it's SP for denial and HP for approval, after reading the ton of threads on this topic. It seems as if they determine if it's a HP or an SP after their decision on the application. What I was trying to ask is; lets say, hypothetically, I apply for an SPG right now. I already have the PRG and BCE, last statement balances which cut off on 08/02/13 on both were $500 and $1000 respectively. Then I pay both of them off on 08/05/13 so the current balance on both is $0. Now, after I click submit on the SPG app, what balances is AmEx going to see; the statement balances, or the current balance? Reason I used HP and SP in my first post was to correlate as HP=last statement balance, and SP=current balance.
Does this make sense, or am I making it all too difficult?
P.S. This is all just a hypothetical scenario and just for informational purposes only, I am in no way trying to apply for an SPG at this moment (well just not yet 
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@Anonymous- wrote:I'm sorry, I don't think I made it clear. I'm actually aware that it's SP for denial and HP for approval, after reading the ton of threads on this topic. It seems as if they determine if it's a HP or an SP after their decision on the application. What I was trying to ask is; lets say, hypothetically, I apply for an SPG right now. I already have the PRG and BCE, last statement balances which cut off on 08/02/13 on both were $500 and $1000 respectively. Then I pay both of them off on 08/05/13 so the current balance on both is $0. Now, after I click submit on the SPG app, what balances is AmEx going to see; the statement balances, or the current balance? Reason I used HP and SP in my first post was to correlate as HP=last statement balance, and SP=current balance.
Does this make sense, or am I making it all too difficult?
P.S. This is all just a hypothetical scenario and just for informational purposes only, I am in no way trying to apply for an SPG at this moment (well just not yet
I think I understand.
I think the real answer is BOTH. Let me explain:
1) For sure AMEX will take the last report they got from SP or potentially HP a new report and get whatever balances were last reported on accounts including AMEX. I would assume SP in almost all cases so pull your experian and see when Amex last SPed you and guess what your report might have said. Once they have the report, they will just run it through whatever scoring model they have
2) As for your "real" current balance, I think AMEX takes that into account as well. Whatever FICO based scoring model won't take your "real" current balance into account, but most lenders don't just use a straight FICO based scoring model. This is especially true for AMEX. There is strong evidence that AMEX takes into account your history with them when it comes to credit decisions. Think about all those people who app for charge card because they were rejected for revolver. A couple of months later, they get approved for revolver even though their score might be the same if not lower. So why wouldn't they take your "real" current balance into account as well.
@Elcid89 wrote:Tends to be SP if approved, HP if denied.
Incorrect, it is actually the opposite. HP if approved, SP if denied.
