I just got approved for an Amex Gold with an Equifax was 676 a few days ago so I decided to apply. The approval required a call in to verify home address with my personal bank on 3way.
I generally use my debit card for everything and have for the last 3 years. I didn't think I would get approved due to a decline that happened in 2007 from Amex, but my Equifax score then was 610.
For all you Amex experts what is the best approach in using the card as it relates to building up the so called "no limit" threshold. I do know that many individuals have no limit, but I can imagine that there is road block while earning trust with Amex.
I am self-employed and a competitor is always bragging about how he uses his Platinum Amex for certain inventory to the tune of $100k in which I do the same, but currently pay via wire transfer.
My only credit card is an Orchard Bank card with a $1500 limit. I am researching the forums now, but advice would be greatly appreciated. Thanks