How likely am I to get approved for Amex?

[Anonymous]

How likely or what are my chances I'd be approved for an Amex Card?

I received the, "You pre-qualify for a special card offer. Apply Now" from Amex when I did the short pre-qualify form online.

Credit History 3.5 years

743 - Experian - FICO 8 : 2 Hard inquiries

763 - Transunion : 2 Hard inquiries

760 - Equifax : 3 Hard inquiries

Total credit utilization 5% to 6%

4 Opened Accounts all credit cards

$500 Secured Delta Credit 3.7 yrs old

$3000 Capitol One Platinum 5 months

$4600 NFCU Cash Rewards 3.7 yrs old

$8000 Discover 5 months

2 years average credit age

1 Closed Account. I closed it. 

No lates or negative items on credit.

[Anonymous]

I'd go for it. Your stats are good and the AMEX prequal is usually pretty solid. 

Good luck. 

[Anonymous]

Thank you. I prefer a credit card vs charge card. Will that make a difference and how do I know which is which? So, many options platinum, gold, blue, etc.

[Doodlebug30]

I was pre-qualified for the BCP with a much weaker file than yours and I was approved. I only got the "just squeaked in" 1k SL but I'm just happy to be in the door & forming a relationship with amex so I'd say you will be just fine for approval. 

[Anonymous]

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@Anonymous wrote:

Thank you. I prefer a credit card vs charge card. Will that make a difference and how do I know which is which? So, many options platinum, gold, blue, etc.

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The charge cards AMEX offers on the personal credit side are the Platinum, Gold, and Green. All other cards - including the platinum, gold, and blue variants of the Delta cards - are revolving credit cards. 

[Anonymous]

Thank you for responding.

I prefer a credit card vs charge card. Will that make a difference and how do I know which is which? So, many options platinum, gold, blue, etc.

[Anonymous]

It's said that core revolvers like BCE/BCP, ED/EDP, and CM are the highest underwriting criteria, one tier above the charge cards. That being said, I agree with the above that your odds are quite good for approval for whichever you choose.

[FalconSteve]

Unless those inquiries are very recent or your income is low, I would say that you have very good odds for an AmEx approval. They have a pre-approval page if you have to check it.

When I got my first card, my scores were a little lower than yours

[ChargedUp]

My EX was lower than yours and my file thinner when I grabbed BCE with a $1K SL. Do the pre-qual and see what pops up. As others have said, pre-quals with Amex are pretty solid unless you've burned them in the past or have very low income.