So the deal is that I really want to get in the AMEX family by the end of the year (or the month) and step into the garden for awhile. I don't travel, so ideally I'd be looking for their Cash Back cards. My scores aren't abysmal but they aren't exactly stellar either. I want to apply for one of their revolvers, not a charge card, and I was thinking the AMEX Everyday would be a good place to start. I don't know if BCE or BCP would be better to try and app to, I don't really understand how some cards have a higher probabiity of acceptance than others through the same line.
My util has been pretty high lately, but I've paid it all off and will come in showing ~1% or so this month and from here on out. I've had money in my bank, I was just creditstupid and thought reporting a decent balance showed creditors you used the lines you were given. Woe is me.
Could I app this month-Dec and be safe if i report this month with 1% util? Will they ignore my current util and rely only on my scores? I have 3 Inqs on my report, one from May 2013 and two from this month (opened two new CC). I really want to get into the AMEX family and garden for awhile while I get my score back to where it should be. What do?
@BLAIX wrote:So the deal is that I really want to get in the AMEX family by the end of the year (or the month) and step into the garden for awhile. I don't travel, so ideally I'd be looking for their Cash Back cards. My scores aren't abysmal but they aren't exactly stellar either. I want to apply for one of their revolvers, not a charge card, and I was thinking the AMEX Everyday would be a good place to start. I don't know if BCE or BCP would be better to try and app to, I don't really understand how some cards have a higher probabiity of acceptance than others through the same line.
My util has been pretty high lately, but I've paid it all off and will come in showing ~1% or so this month and from here on out. I've had money in my bank, I was just creditstupid and thought reporting a decent balance showed creditors you used the lines you were given. Woe is me.
Could I app this month-Dec and be safe if i report this month with 1% util? Will they ignore my current util and rely only on my scores? I have 3 Inqs on my report, one from May 2013 and two from this month (opened two new CC). I really want to get into the AMEX family and garden for awhile while I get my score back to where it should be. What do?
Well the thing about ED is , its pretty much an rewards card not really an cash back card. The best way to redeem your points is to hotel or airline partner, so you have to look at their partners to see if its worth while. If its not, then you may go for the older Blue Cash or BCE cards.
No my scores are with a high util. I honestly didn't know until finding these forums just recently that I was to be keeping >10% and optimally >1% util. I am not a smart woman but I know what love is.
@BLAIX wrote:No my scores are with a high util. I honestly didn't know until finding these forums just recently that I was to be keeping >10% and optimally >1% util. I am not a smart woman but I know what love is.
Cool thing about utility is it has no memory.
Once they see your utilitzation is that low when you apply, you should have no problem. 