Should I apply for the Green Card with an opening bonus of 25000 points?

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shenzy0613
 
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Should I apply for the Green Card with an opening bonus of 25000 points?

Postby shenzy0613 » Tue May 20, 2014 5:39 pm

Today, I received two letters from AmEx promoting their Green Card. One of them offers a 25000 points bonus if I spend $1000 within the first 3 months.
But I only have a credit history of 8-9 months with two credit cards. One is BOA Secured Credit Card with $700 credit limit and the other is the Discover It Card with $1000 credit limit. Both were paid in full.
I am wondering my chance of getting approved because last time when I received Chase United Explorer's offer of 50000 miles after $2000 spend within the first 3 months, my application was denied and it feels terrible.
Should I apply for it or wait?


MemberSince99
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Postby MemberSince99 » Tue May 20, 2014 6:46 pm

If you're asking if we think you'd get approved, we have no way to know that.


If you're asking if you should apply - if you want an Amex charge card or to get in with Amex to set your Member Since date, then yes, the bonus makes it a great time to apply.


So if you want it, I'd say give it a shot. It will only cost you an inquiry to find out.

Battery111
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Postby Battery111 » Tue May 20, 2014 7:09 pm

Dang. Wish I would have received that since I just signed up a month ago.

As for your question, like Member said all approvals are very YMMV, particularly when it comes to a bank as finicky as AMEX. However, with that denial fresh I would think, though I'm far from an expert, that your chances with AMEX aren't that great. Near as I can tell it seems the charge cards are much more income based, so if you have good income it's possible you would have a shot depending on the rest of your credit report.

Did you recon with Chase? While I've never done it myself, word on the street is that they're pretty good about recon.
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MemberSince99
Centurion Member
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Postby MemberSince99 » Tue May 20, 2014 7:42 pm

You are correct Battery. Chase is as easy to recon with as anyone. When it comes to their analysts, YMWV (your milage will vary) depending on the analyst - I've had to call as many as 3 times on recon to get an approval in the past. So even if one says no, wait a day or two and work up your courage and just go for it again. Think of how it will pay off. It's like meeting chicks in a bar - most will say no but that one yes makes it all worth the pain of rejection. Ok terrible thing to say here but you know what I mean.

Battery111
Centurion Member
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Posts: 284
Joined: Wed Apr 09, 2014 9:40 pm
Location: Lawton, ok

Postby Battery111 » Tue May 20, 2014 8:27 pm

Also, little reason not to recon. If you've already taken the HP, may as well make darn sure it will not yield a new account.
Citi AAdvantage Executive World Elite MasterCard
AMEX Platinum
AMEX Everyday Preferred
USAA AMEX
Discover IT
Chase Freedom
Chase Sapphire Preferred
NFCU nRewards Visa



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