- Centurion Member
- Posts: 630
- Joined: Thu May 10, 2012 10:10 pm
- Location: North Los Angeles County
Well your score will only go down because of the new account/inquiry, but not because you were approved for a charge card. The inquiry will hurt your score for the first six months and then the Impact will lessen and after a year, there will be no impact if you apply for credit. To Amex, they only care about on-time payments and your history with them. I personally charge 100-200 on my PRG and just pay it off every month, and they seem to have no issue with it. Just don't go crazy and spend away, they do have an Internal limit for you, and also don't mess with the check your spending ability to much if you get approved. Amex probably will get a trigger in their system and will review your financial and tax information and freeze your accounts before deciding what to do with it. Use it wisely. You don't want an FR.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.