How often can you apply for an American Express?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
57 posts
Ratfacedudeguy
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Location: Baltimore

Postby Ratfacedudeguy » Thu Jun 07, 2012 7:57 am

Crashem, I will have to contest the claim that all charge cards have the same qualifying criteria. After reading similar things online, I decided to pull the trigger on entering a PRG application while the shock of having my Green card app approved was still wearing off. I got an almost instant decline. I'm not sure if perhaps the timing had anything to do with it, but I didn't get a "cancellation" as they usually do when you apply for two cards of the same type -- it was a flat out decline, citing my FICO score, AAoA, and outstanding balances as factors of the decision.

bmw1990Z - If you get declined it's a soft pull, and if you get approved it's a hard pull.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13


FutureBillionaire
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Location: Down South

Postby FutureBillionaire » Thu Jun 07, 2012 10:26 am

I think the charge cards are pretty easy. I already had a gold card. I tweeted the askamex people about wanting to upgrade to the PRG or platinum. She sent me a message saying all I had to do was request either. I could have upgraded at any time. I imagine I could have applied for a separate card and been approved as well. I'm not sure why folks need more than one Amex Charge card though, other than to have separate due dates for your payments. I'd rather have one charge card and then the Blue Cash Preferred.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

Crashem
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Postby Crashem » Thu Jun 07, 2012 11:24 am

bmw1990Z wrote:Just got approved for gold delta amex! Would it be a hard pull or soft pull if at sometime in the future I decide to apply for a charge card?


If you are existing AMEX primary card holder, it is SP for decline and HP if you get approved.
Amex Centurion, Amex Platinum, Amex BCP 8k->24k (5/23/12), Amex TE 15k, Cap One 1.5% 15k->20k (8/7/13), CSP 25k, Chase Palladium 100k, Citibank AA 35k (AU), Firestone 1.8k->2.2k->2.4k (8/20/12), JFCU Jloc 30k, PenFed Plat Rewards 30k, SF Fire 30k, US Bank Cash+ 25k

Crashem
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Postby Crashem » Thu Jun 07, 2012 11:41 am

Ratfacedudeguy2 wrote:Crashem, I will have to contest the claim that all charge cards have the same qualifying criteria. After reading similar things online, I decided to pull the trigger on entering a PRG application while the shock of having my Green card app approved was still wearing off. I got an almost instant decline. I'm not sure if perhaps the timing had anything to do with it, but I didn't get a "cancellation" as they usually do when you apply for two cards of the same type -- it was a flat out decline, citing my FICO score, AAoA, and outstanding balances as factors of the decision.



Ratface,

I am telling what I have heard and seen from others. Futurebillionaire is right though, you can product change up with no soft pull or hard pull. Sometimes there is a restriction of doing so within the first 12 months but that has more to do with how AMEX interpretes the current law. That would seem to indicate they have same credit standards.
Amex Centurion, Amex Platinum, Amex BCP 8k->24k (5/23/12), Amex TE 15k, Cap One 1.5% 15k->20k (8/7/13), CSP 25k, Chase Palladium 100k, Citibank AA 35k (AU), Firestone 1.8k->2.2k->2.4k (8/20/12), JFCU Jloc 30k, PenFed Plat Rewards 30k, SF Fire 30k, US Bank Cash+ 25k

bmw1990Z
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Location: USA

Postby bmw1990Z » Thu Jun 07, 2012 12:16 pm

Crashem wrote:If you are existing AMEX primary card holder, it is SP for decline and HP if you get approved.


thats great! Depending on how I like the card, I may decide to change to a charge card in the future! Doing pretty well considering I'm not 21 yet. lol
Cards in my wallet:
-Citi Forward Card for College Students-July 2011
-American Express Platinum Delta Skymiles--July 2013

Ratfacedudeguy
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Location: Baltimore

Postby Ratfacedudeguy » Thu Jun 07, 2012 11:40 pm

FutureBillionaire wrote:I'm not sure why folks need more than one Amex Charge card though, other than to have separate due dates for your payments. I'd rather have one charge card and then the Blue Cash Preferred.

It's all in the strategy really. Probably the best thing you could do is pair 2 charge cards that earn different rewards tiers so that the lower level points get upconverted to maximize your rewards. My plan after my app window opens back up is to add a zync card to my profile so since I already have the green the zync will earn full MRPs and coupled with the restaurant pack I'll be able to earn double points on restaurants which is one of my biggest expenses. This would be my preferred rewards setup for less of an annual fee than the PRG. I don't really need the double points on gas anyway since I get 3% from my Bank of America card, and I don't generally fly either, so triple airline points doesn't really do anything for me.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

Ratfacedudeguy
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Posts: 362
Joined: Wed May 30, 2012 8:10 pm
Location: Baltimore

Postby Ratfacedudeguy » Thu Jun 28, 2012 1:48 pm

Just an update on this with some clarification backed by some evidentiary support. I'll lay out everything in a timeline for you guys to more clearly illustrate the sequence of events.

5/17 - Applied for Green. Instant approval.
5/22 - Applied for PRG. Declined.
6/6 - Applied for Zync. Cancelled due to "duplicate" application (same type of card that was previously declined)
6/14 - Applied for BCE. Declined.
6/26 - Applied for Zync. Approved.

So as you can see, the window where you must wait to reapply after a decline does indeed reset 30 days after the decline of a card of the same type. So since my decline for a charge card was dated 5/22, I was able to apply and be approved for a Zync on 6/26, even though my BCE app was declined 2 weeks prior. But I'm sure if I was to put in an application today for another revolver, such as BCP, Delta Gold, etc., it would be cancelled because of the BCE decline from only 14 days ago, but I may test this theory to see if maybe the approval for the Zync universally reset my 30 day wait window. Hopefully this illustration helps others less experienced understand the Amex application handling process after a decline.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

MemberSince99
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Postby MemberSince99 » Thu Jun 28, 2012 2:06 pm

I can also attest that you can have multiple Amex charge cards - even of the same type. I had a Gold and applied for Plat. It was also declined as I've posted. It was NOT due to already having a Gold card - this proves you can have say a Gold and a Plat, thus logically you could have a Green and a PRG Gold and really any combination that Amex will allow you to have.

Ratfacedudeguy
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Posts: 362
Joined: Wed May 30, 2012 8:10 pm
Location: Baltimore

Postby Ratfacedudeguy » Fri Jun 29, 2012 8:42 am

Just applied for BCE. No automatic cancellation... yet.
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

Ratfacedudeguy
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Centurion Member
 
Posts: 362
Joined: Wed May 30, 2012 8:10 pm
Location: Baltimore

Postby Ratfacedudeguy » Fri Jun 29, 2012 10:31 am

Wow. It's actually moved to a manual review. Maybe I'll get some results from this one. Can't say I have my hopes up though.

EDIT: I just called them and evidently my application is indeed being processed manually. So the approval for the Zync must have eliminated the 30 day waiting period after the previous decline. Whether or not it gets approved I'm glad to have been able to solidify this information about Amex's application processing methods. And if it's declined it's a hard pull so I've got nothing to lose right!
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13



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