- Centurion Member
- Posts: 1361
- Joined: Tue Jun 28, 2011 10:13 pm
- Location: New York state
Sometimes these cards are hard to get because you have to pay your bill in full, sometimes American Express will say to themselves "If somebody charges 3,000 a month it can be just as hard to pay that bill in full, as if somebody has a Blue Cash and their bill is 3,000 and the interest rate at 19.24 percent, they could pay 2,000 or more.
Usually premium cards are for card members who have excellent credit, a couple of other cards from the banks like a Chase, Bank of America and a Discover card and who pay their bills in full.
For example I have a Discover, member since 1998. I always pay my bill in full, I have had a couple of different visa's always pay my bill in full, so a year ago I gave American Express their last chance, I applied for the Green premium card and got approved.
If I didn't pay my Discover in full, let's say I paid 75% of my bills throughout the years and my visas 70% throughout the years, I probably wouldn't qualify for the green card.
But it can be very hard to get Blue Cash card for somebody who charges, let's say for example 1,500 on a particular month if they pay, oh let's say 800 and the next month they charge 1,200. This is where it gets hard and like what CC said it's really hard to tell what American Express thinks. If you get the Gold card and you charge a lot of money you need to pay in full. Is this OK with you?
Will you get the gold card for personal use like going to Lord & Taylor, the Gap, Express, Nordstroms or will you be using the card for business like airline tickets, checking into hotels , entertaining clients at restaurants?