Everyday card

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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babybear9925
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Everyday card

Postby babybear9925 » Mon Sep 29, 2014 10:07 pm

I want to Apply for the Everyday Card but i am green card member i just want to Know how Amex will handle a new app when i am already a member


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Vattené
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Postby Vattené » Mon Sep 29, 2014 10:25 pm

My understanding is if you are already a member AND your app is denied, Amex may make the inquiry on your credit profile a SP rather than a HP. I don't know if this is standard practice or more a case-by-case thing, but more importantly keep in mind I am just relaying what I've read before.
-Vattené
FICO-8:
EX - 805 (2/17) | TU - 787 (2/17)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

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CarefulBuilder14
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Postby CarefulBuilder14 » Mon Sep 29, 2014 10:41 pm

I have also heard that once you're a member, an approved app is a hard pull and a declined app is a soft pull. I can't speak from personal experience as I've applied twice and been approved twice (and I got two hard pulls, three months apart).

Amex ED is generally a harder card to get than the Freedom.

I know it's kind of like being a kid in a candy store when you get approved for a Discover and want more and more cards. As I've mentioned before, though, it really is good to have some plan about how you'll use cards. You're not apping for a lot of cards that have annual fees, but you may find it hard to keep track of half a dozen cards that all have low limits.

Edit: Having low limits from existing creditors can also tend to discourage high limits from new creditors.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May

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FastSRT8
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Postby FastSRT8 » Tue Sep 30, 2014 12:27 am

This may go against what most have stated but it's my opinion only.

Would it not be 'easier' to acquire another Amex product if you are already a member in good standing with them?

I say this because I recall years ago I carried 2 Amex cards concurrently at the same time. No issues acquiring.
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MemberSince99
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Postby MemberSince99 » Tue Sep 30, 2014 6:49 am

It depends on your internal score with them. If you have a Centurion I would think you could get anything they offer, but if you have a Centurion, I don't see why you'd want anything else they offer.


But generally assuming good history, yes. I know in my case that's true as they cited my history with them in wanting to market other cards to me.


And as the others have stated it will very likely not be an inquiry if it's declined. You read about the very occasional guy on FICO who says he's a member and got declined and they gave him a hard pull anyway, but that's pretty rare.

popamode72
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Postby popamode72 » Tue Sep 30, 2014 6:53 am

Quite frankly, I didn't find the Amex ED hard to get all even after applying for a charge card the same day and getting instantly approved for it, but I guess that had to do a lot with how I was able to establish that relationship with Amex through the Delta card I first got with them and make sure that had a decent amount of activity and payment history. For some reason, they really seem to be quite generous with me and also seem to like me a lot out of all the lenders I've done business with.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

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djrez4
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Postby djrez4 » Tue Sep 30, 2014 9:00 am

MemberSince99 wrote:You read about the very occasional guy on FICO who says he's a member and got declined and they gave him a hard pull anyway, but that's pretty rare.


Given the average intelligence over there, I wouldn't be surprised if those reports came from someone with a third-party Amex who just didn't get it.
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]
[/RIGHT]

MemberSince99
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Postby MemberSince99 » Tue Sep 30, 2014 9:15 am

djrez4 wrote:Given the average intelligence over there, I wouldn't be surprised if those reports came from someone with a third-party Amex who just didn't get it.




I wondered that too. I just honestly don't know. It's easy for us to doubt they know what they are talking about, but even on this forum I've had one person post that my claims that Amex blacklists people are BS and they doubt Amex would ever do such a thing and that I'm either lying about being on that blacklist in the past or I don't know what the hell I'm talking about, or I'm delusional and imagining it all. So I'm not going to say it couldn't happen, but I did wonder.

popamode72
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Postby popamode72 » Tue Sep 30, 2014 9:53 am

When i was still really new with Amex, they did another HP and it was a denial but a few months later, I got my two other cards with them on just one HP so I can safely assume that SP denial, HP approval rule would apply.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

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lobbythis
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Postby lobbythis » Tue Sep 30, 2014 10:09 am

djrez4 wrote:Given the average intelligence over there


As a new member, bouncing back and forth between this place and FICO, it is definitely hard to sift through all the gibberish over there. I noticed that immediately. Despite less activity, I enjoy reading this forum far more.



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