khaos wrote:Thanks for all the responses, I looked at the offer and it says "You Have Been Selected To Apply" so I am not sure if this is a pre-selected or pre-approved offer. The Application does have an Offer ID# though. I don't mind taking up the offer as it would mean that I could establish a relationship with AMEX although like MoneyCard pointed out, my only concern is as I have been denied by Chase and Discover I am not sure if I want to risk being denied by Amex again. What do you guys think?
None of us can make that call. You may well be denied again - there is truly only one way to find out.
Personally I got the "pre-approved" mail from Amex in January of 2011. I thought wow I can't believe that. I called the number and app'd, only to be declined. They gave a laundry list of reasons why, so many of them that I wondered if I was some kind of criminal against credit, and mentioned derogs I didn't see on my report and I just looked. (I never did see them by the way so I'll never know what that rep was talking about).
A little over a year later I got approved for 3 Amexs in a less than a month. I had given up on getting any of their cards, but was reading posts on another board about their "pre-selected" site, and just for kicks and giggles I went there and I had never seen anything there, but there were a ton of cards I was "pre-selected" for. Taking that as a sign I applied for Zync and bam instant approval.
So, you just never know. You have to decide if you want in, and if you are willing to take a hard pull or a few hard pulls over time to do so. They can be quirky about who they approve. It's really up to you to make the call or not.