Is an Amex charge or credit card easier to get?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
16 posts
onthemove
Green Member
Green Member
 
Posts: 6
Joined: Mon Jun 04, 2012 6:18 pm
Location: NC

Is an Amex charge or credit card easier to get?

Postby onthemove » Mon Jun 04, 2012 6:21 pm

Which card is easier to get, Amex charge card or Amex credit card? Do you have to have a higher credit score for one or the other?

At this time, I have an Amex PRG and thinking about getting a Starwood or Platinum card.


ivotedale
Centurion Member
Centurion Member
 
Posts: 232
Joined: Sun Jul 17, 2011 11:47 am
Website: http://www.ivotedale.tumblr.com/
Location: Mesa, AZ

Postby ivotedale » Tue Jun 05, 2012 9:24 pm

The Amex charge cards are easier to obtain than the credit cards, though you still need a good credit score to obtain them for the most part.

Reason being, charge cards are "less" of a risk for the company, because you are forced to pay in full every month. Otherwise you will face super high APR penalties and possibly have your card cancelled- you can't really carry long-term balances.

If you already have the PRG charge, I don't think you should have a hard time getting a credit card from them, assuming you've had a good relationship w/ them long enough (or have a stellar credit score).
Currently: American Express Blue Sky, American Express Zync, Chase Freedom Visa, Capital One Newcomers--->converted to Capital One Quicksilver Mastercard NO AF

irvine801
Centurion Member
Centurion Member
 
Posts: 329
Joined: Thu Jan 19, 2012 6:26 pm
Location: Salt lake city, UT

Postby irvine801 » Wed Jun 06, 2012 12:04 am

I heard the clear card by American express is the easiest lending card to get. Then possibly the gold delta Skymiles.
-American Express Zync.
-Discover IT. 4.5k limit 7.99%
-MC Citi diamond preferred. 1500 limit
-Visa Chase freedom. 2k limit.(23.24%, NOT IN USE)
-Miles by discover 1.5k limit.7.99%
-Best buy store card. 1500 limit
-Mt. America visa 1k limit

MemberSince99
Centurion Member
Centurion Member
 
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Wed Jun 06, 2012 5:44 am

If you have the PRG the Platinum or Starwood cards should be within your reach. The credit cards are harder to qualify for.

tinninches
Gold Member
Gold Member
 
Posts: 26
Joined: Sat Apr 07, 2012 5:52 am
Location: Franklin, Tn

Postby tinninches » Wed Jun 06, 2012 5:49 am

I was just able to get the Zync w/ no preset spending limit with a 4 year old repo and 1 paid collection from 3 years ago. My average age of account is REALLY REALLY low - less than 3 years.
[size=80]Amex Zync[/size]
[size=80]Amex PRG[/size]
Amex Costco TE
Amex Hilton
Amex Delta Gold
Barclay US Airways World MC
Chase SWA Signature
BOA Spirit World MC
[size=80]Barclay Apple Visa[/size]

onthemove
Green Member
Green Member
 
Posts: 6
Joined: Mon Jun 04, 2012 6:18 pm
Location: NC

looking for a boost

Postby onthemove » Thu Jun 07, 2012 12:43 am

The main reason I want to get those one or both those cards is because, I been with Amex since 1990 and I don't have a house payment or car payment in 10 years. All I have is a BofA CC for 4 years, different student loans that averages about 8 years.

With at least two Amexs (22 years), BofA (4 years) and the 6 student loans (8 years), I can really boost my AAoA amounts. hopefully my AAoA will climb up to about 10-11 years per account.

I'm trying to get my CR score up as high as possible without borrowing money.

http://www.myfico.com/CreditEducation/WhatsInYourScore.aspx

PopiLopi
Centurion Member
Centurion Member
 
Posts: 179
Joined: Fri Apr 13, 2012 7:05 pm
Location: Miami, FL

Postby PopiLopi » Thu Jun 07, 2012 7:04 am

My credit history is 1yr and 2 months old and I was able to qualify for zync and PRG with instant approval, with a credit score of around 695. I applied back in october last year for the blue cash everyday and was declined , funny thing is that the letter said I had a score of 716 at the moment. I have absolutely no baddies in my reports, utilization always under 20%, but I do have several inquiries for trying to get prime cards too early
Amex: Business Platinum (09/12) BCP $10,500 (03/13)
Visa: Capital One Journey $750 (04/11) Chase Freedom $1,800 (04/12)
MasterCard Citi AAdvantage Platinum Select $8,500 (05/13)
Discover: Discover It $2500 (07/11)
Store Cards: Amazon $3900 (12/11) Macy's $500 (04/11) Kohl's $500 (05/12) Victoria's Secret $750 (11/12)

Crashem
Centurion Member
Centurion Member
 
Posts: 538
Joined: Fri Mar 09, 2012 9:29 am
Location: San Francisco, CA

Postby Crashem » Thu Jun 07, 2012 12:34 pm

Charge cards are easier than revolvers for AMEX.
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

Money card
Centurion Member
Centurion Member
 
Posts: 1361
Joined: Tue Jun 28, 2011 10:13 pm
Location: New York state

Postby Money card » Sun Jun 10, 2012 10:37 pm

To me lending cards are easier to get, because they are just regular credit cards. Whereas premium charge cards are harder because they have no interest. Those cards are more for higher level people like vice presidents, business owners, people you know who will pay the bill in full.

For example a capitol1 supervisor was telling me that the blue colored Venture card is harder to get than the gold because it has a lower interest rate of about 13.25%, while the gold has 17.90% and is more for the people who pay their bill in full.

So when you think of American Express lending cards, any person who has a job lower level jobs, somebody who works at Walmart, the bus boy at any restaurant, the garbage person who works for Minolta can get a Clear or Blue Cash.

But vice presidents of Walmart, these people have no problem paying their bill in full (depending upon their monthly statement). They usually acquire a premium card. I'm not saying that nobody who works as a maintenance worker can't have a premium card. I work for social services and I have a green premium charge card but I'm just going by the majority.

To me the blue cash and clear cards are just regular credit cards, while the premium are more thought of for people who have better credit and are harder to get.

Crashem
Centurion Member
Centurion Member
 
Posts: 538
Joined: Fri Mar 09, 2012 9:29 am
Location: San Francisco, CA

Postby Crashem » Mon Jun 11, 2012 12:40 am

Moneycard,

Here is the repeat of the post last time you said charge cards being harder than credit cards to get from AMEX. Some of your facts are incorrect (check capital one's website for example) and while your logic is sound, you are missing the point that there is no interest on charge cards because you aren't allowed to keep a balance. Stop buying into AMEX marketing BS. In any case, here was my previous post:

Money card,

Evidence shows that Amex charge cards have lower credit standards than their credit cards. In fact, many believe that green, gold, plat credit standards are exactly the same. If you can get one, you can get them all. The zync is even easier to get. While I follow your reasoning on why you think Amex, in your words, preminium, cards are harder to get because there is no interest, you are missing the point. Amex preminium cards are charge cards (ie pay in full every month) which is why there is no interest. The risk is lower to Amex as you have no running balance and therefore easier to get. Amex cares most about their risk. The preminium stuff is just buying into their marketing. Do a search on web on which is easier to get, Amex charge cards or credit cards.

Your reasoning around interest rates is uses incorrect facts. A credit card will have range of interest rates it charges and your credit score will determine what interest rate you pay in that range. First off, cap one venture blue has higher interst rate than cap one gold ventureone card which is opposite of what you said. why? Because its rewards are better. That is pretty typical of card issuers. Better rewards = higher interest. Both cap one cards are equally hard to get. As for your chase sapphire vs sapphire preferred, sapphire preferred is higher to get mainly around the fact that it doesnt grant small credit lines. However, the interest rates on both cards are exactly the same for given credit. Chase decided not to charge preminium for the extra points given for sapphire preferred although I guess the af might make up for that.
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



Return to “American Express”

Who is online

Users browsing this forum: No registered users and 2 guests