Current Score vs. Last Month - Looking at AmEx

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
14 posts
nowipaco
Gold Member
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Posts: 29
Joined: Tue Jan 20, 2015 11:48 pm
Location: MI

Postby nowipaco » Thu Jan 22, 2015 1:05 pm

Now that I know that the 724 on the Vantage isn't reliable. Also, I got my TransUnion today and it is at 675 but isn't reflecting all of the payments I've made on my cards. It is still showing my Utilization at 46% even though I am actually at 25% now. So if I wait one more month and pay them down below 10% I think the TransUnion should bump up over 700.

My average account age is at 1.5 years and my oldest account is 3.25 years old. Judging from what I've read about people getting approved after 6-9 months of history I think even though my history is relatively short, I would have a pretty good shot with 3 years of history. Would you agree?

AmEx ED: $4500 (02/15)
AmEx PRG: NPSL (02/15)
AmEx SPG: $2000 (06/15)
Capital One QS: $3250 (02/13)
Marriott: $5000 (01/16)
Ritz Carlton: $13,500 (09/15)
TCL: $34,750 (Some not shown above)

22 y/o student


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CarefulBuilder14
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Posts: 3951
Joined: Thu May 08, 2014 7:42 pm
Location: United States

Postby CarefulBuilder14 » Thu Jan 22, 2015 2:00 pm

nowipaco wrote:Judging from what I've read about people getting approved after 6-9 months of history I think even though my history is relatively short, I would have a pretty good shot with 3 years of history. Would you agree?


Lots of people get approved for an Amex with 6-9 months of excellent history - consistently low utilization, paying on time and in full, etc. You might get approved, anyway, for having a reasonably good 3-year history, but your history isn't excellent.
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

popamode72
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Location: Atlanta, GA

Postby popamode72 » Thu Jan 22, 2015 2:21 pm

nowipaco wrote:Now that I know that the 724 on the Vantage isn't reliable. Also, I got my TransUnion today and it is at 675 but isn't reflecting all of the payments I've made on my cards. It is still showing my Utilization at 46% even though I am actually at 25% now. So if I wait one more month and pay them down below 10% I think the TransUnion should bump up over 700.

My average account age is at 1.5 years and my oldest account is 3.25 years old. Judging from what I've read about people getting approved after 6-9 months of history I think even though my history is relatively short, I would have a pretty good shot with 3 years of history. Would you agree?


I'd check your Experian report the most because that's what Amex always uses to make a decision, unless there was some kind of glitch in their system. I'd say if your FICOs are in the higher 600s on that report and your utilization isn't high or anything (think mine was around 7 or 8% at the time but have heard of people with higher utilization getting approved easy, they really aren't as conservative as some of the other prime lenders out there), you'd be in fair shape to get their cards, especially the Everyday and PRG cards. Once you're in with Amex you can build up your internal score and qualify for more cards with them and so on.

If you get one of the revolvers, ask for a 3x CLI after 31 days.
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nowipaco
Gold Member
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Posts: 29
Joined: Tue Jan 20, 2015 11:48 pm
Location: MI

Postby nowipaco » Thu Jan 22, 2015 2:26 pm

Thank you guys so much for answering all of my questions with such great advice. I'd honestly be lost without it.
I've been a long time watcher on the site but haven't had much to ask or contribute in recent history so I never joined until this month.
Loving it so far. Now I'm just waiting for the "Edit Signature" function to be released to me.
Thanks again.

AmEx ED: $4500 (02/15)
AmEx PRG: NPSL (02/15)
AmEx SPG: $2000 (06/15)
Capital One QS: $3250 (02/13)
Marriott: $5000 (01/16)
Ritz Carlton: $13,500 (09/15)
TCL: $34,750 (Some not shown above)

22 y/o student



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