gimmecredit

does anyone know what is the lowest credit score you can still get approved for an american express with? i already have a visa, mastercard, and discover so i don't need any of those. i really would like to get an american express but don't know if i'd qualify with a 670 credit score. i had a bankruptcy in the past (circumstances outside of my control) and have been working hard to rebuild my credit ever since.

magyar1045

Don't think Amex will ever issue you a card because of your past bankruptcy. Or at least not until the bankruptcy is completely removed from your credit report. Individual creditors' comments regarding bankruptcy fall off after 7 years, as they are negative items, but the public information entry only after 10 years. I'm actually surprised that Discover even gave you one. They are also known as being real bankruptcy unfriendly.

CreditCardGuru

(Disclosure: We are advertising partners with American Express)

I would recommend the American Express Gold Delta SkyMiles. I've known people with FICO scores as low as 670 get approved for it. The card does carry an annual fee of $95, but it is waived for the first year. If you cancel before the year is up you will not owe anything, and by then hopefully you will have built up a positive payment history with American Express, which will allow you to apply for their other cards.

At the time I'm writing this, if you use the link below to signup for the card you can get up to 25,000 bonus miles free - which is enough for a round trip ticket.

*** UPDATE JAN 1ST '09 **** THIS CARD IS NO LONGER AVAILABLE. WE RECOMMEND THE AMERICAN EXPRESS BLUE CASH CARD INSTEAD WHICH HAS NO ANNUAL FEE AND HIGHER APPROVAL THAN THE AMEX CHARGE CARDS.

Mogul of Pineapples

Actually I've heard of Discover being even more picky than American Express the last few years. I know Amex has really branched out to include most of the market instead of only the upper earners. Trust me I have an Amex and I am far from being anything above average middle class.

__________________
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”

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Current Cards:
American Express: Blue Cash, Simply Cash
Bank of America: Visa Financial Rewards Platinum Plus
Chase: Rewards Visa, Amazon Visa
Discover: More

Current Everyday Card: American Express Blue Cash

bikermike

Yup that credit card is probably the best one to get started with if you're trying to build up a reputation over at Amex. Then after you have that card 6 months I'd recommend trying to apply for the American Express Blue because that is another no annual fee card that is geared towards average income earning people.

Be careful though with the Amex Blue it has an RFID transmitting chip in it that you can use instead of swiping your card. If the card comes within a foot or so of the terminal it will be read. I don't trust these because it seems like thiefs could walk around with some kind of radio reciver in busy places and pick up people's account numbers for these cards.

Floppster

Of course you will get one. You aren't able to file bankruptcy for the next seven years. If you do have a 670 Fico and not a 670 Experian Score I am sure they will approve you on an Amex. After the first year of filling bankruptcy you get new credit card offers after the second year you can get a mortgage. The Mortgage may be tough in the current financial situation but somehow you can do it. You just have to make sure that your Fico is 670 and not your Experian. 670 Experian is equivalent to 580-585 Fico. Please note that this is only the case if the Experian Score was issued under the Experian Plus Scoring Model.

Mandy77

I'm curious to know how soon this card credits you with the 25,000 miles after signup. With airfare prices I would only be interested in getting this card so I could get a free plane ticket to see the family for Christmas.

Floppster

On my Plat I had the point before I even had the card

__________________
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The Fuzz

Issuing credit is based on more details than just the credit score, but I can tell you that with a score lower than 650 you will get automatically declined unless you have current positive American Express history. Of course with the recent credit crunch that number may have changed. I don't work in Risk, so I don't know for sure. All I know is that I very rarely see a new card member get approved with a credit score lower than 650.

i_t_man

Greetings! Brand new member here. I just got a offer in the mail today for the gold Delta Sky Miles card and they send you here to sign up:

americanexpress.com/applydeltagold

But if you search on the regular Amex site, it's not there. Anyway, I signed up for this forum to do a little research before I apply. This would be my first amex card.