How often can you apply for an American Express?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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Tl1991
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How often can you apply for an American Express?

Postby Tl1991 » Sat Jun 02, 2012 11:35 am

Just got Amex Zync :D but really am interested in Hhonors Surpass or Blue Cash Everyday. When can I apply for "another" Amex? I know Chase and etc want you to wait 45 days.
Capital One: Cash Rewards
Capital One: Platinum
Amex: Zync


agp
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Postby agp » Sat Jun 02, 2012 1:30 pm

Apply soon so they won't do another hard pull. In terms of your chance of getting the card, now and 45 days later won't have a big, if any, difference at all. Unless you file for bankruptcy in these 45 days.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

American
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Postby American » Sat Jun 02, 2012 2:27 pm

AmEx is a bizarre credit issuer, so you never truly know. I got my BCE end of March, and I was instaproved for the SPG end of May. Most card issuers won't touch you for 6 months.
American Express '02: Platinum, Blue Cash Preferred 6k, SPG 2k, Delta Gold 1k
Barclaycard '11: Apple Financing Card 2.5k
Citi: Diamond Rewards 1.5k
Chase: Freedom 500
Discover '12: Discover IT 1.5k

CC Deville
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Postby CC Deville » Sat Jun 02, 2012 2:44 pm

As long as you aren't applying for the same type of card you can apply anytime. So since the cards you are interested in are credit card (revolvers) and your Zync is a charge, you should be good to go. I have heard that they consider Zync its own type of charge so you will see people getting approved for Zync and Gold at the same time etc but usually Gold and Platinum at the same time or Blue and Hilton Hhoners or Delta is not likely.

Tl1991
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Postby Tl1991 » Sat Jun 02, 2012 3:07 pm

Thank you all for your replies, so if I got the card last week and I want hhonors or bce an inapply tonight it will be a soft pull ? Right?
Capital One: Cash Rewards
Capital One: Platinum
Amex: Zync

agp
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Postby agp » Sat Jun 02, 2012 3:14 pm

Yes. Although I would get the Hyatt Visa from Chase of Amex SPG as hotel cards rather than Hilton. Unless you have to stay at Hilton for some reason.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

Tl1991
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Location: USA

Postby Tl1991 » Sat Jun 02, 2012 3:34 pm

Yeah.. I'm almost thinking that the bce or prg is better for my lifestyle now that I think about it.. Because truly gas and dining are my biggest spends, although I stay at Hilton's "a lot" I can always use points from zync for hotel stays, what's the odds of getting prg approved with a "decent" low ish credit score ? If I have zync is that like a foot in the door ??? Sorry for the ?"s you guys no more than me
Capital One: Cash Rewards
Capital One: Platinum
Amex: Zync

agp
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Postby agp » Sat Jun 02, 2012 4:04 pm

I'm one of few who will say this, but if you are going to get an Amex charge card that's NOT the Zync, go for Platinum. Zync is your first step into Amex, not sure why green and gold are there. Green and gold's reward system, when converted to monetary value, is not as good as other general travel cards (Sapphire Preferred, or even Venture cards), and even worse compared to Airline/Hotel-specific cards. I'm a statistician, so math is my thing - I spent a lot of time doing math on the reward redemption system for Amex, and it just not worth that much.

If you haven't already, read this thread:
http://creditcardforum.com/american-express/4601-why-do-you-have-amex-gold.html
Basically, the take home message is people get the Gold just because they like it. Not because it's good in any particular way.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

CC Deville
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Postby CC Deville » Sat Jun 02, 2012 4:05 pm

Despite the perception that charge cards are harder to get, they are actually easier because the issuer takes less of a risk as they can control the amounts spent on the cards and of course, they are due in full each month. It is really all about collecting the annual fees.

In looking at your cards though, you only have two Capital One cards and the new Zync. Right now you have a 50/50 chance at other Amex cards. I can't say for sure that you will be approved or declined, but they might want to see some activity and history on your Zync before approving other cards.

What is your "decent but low-ish" score? Again, FICO scores aren't a complete garauntee of approval or of a decline. In fact, Amex has an internal risk score that they use in connection with regular FICO scores. So people with 620 bureau scores can still be approved and even people with 700 scores can be declined based on a variety of factors not connected with the FICO.

The essential fact here is that you really have nothing to lose by applying. Now that you are an Amex member, you may apply for another card and if declined it will only be a soft pull.

Tl1991
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Location: USA

Postby Tl1991 » Sat Jun 02, 2012 4:26 pm

Sounds good! I will apply later .. I have more credit cards than listed in my signature those are just wallet cards, sock drawer has all my paid off cards / us air/ some painful ge cards lol. Thanks again guys !
Capital One: Cash Rewards
Capital One: Platinum
Amex: Zync



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