Will AmEx Prepaid help you get approved for a credit card?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
5 posts
nprice012
 
Posts: 1
Joined: Sun Nov 25, 2012 1:19 pm
Location: Baltimore, MD

Will AmEx Prepaid help you get approved for a credit card?

Postby nprice012 » Sun Nov 25, 2012 1:28 pm

I am 23 years old, have fair credit (FICO 600) and make decent money for my age, with nothing negative on my credit score in the past 4 years. I was denied for the Amex Zync a while ago and then denied for the Amex Green a week or two ago.

Would having the Amex Prepaid card help my desired membership for a charge card?

Thanks


User avatar
Snowman
Centurion Member
Centurion Member
 
Posts: 618
Joined: Thu May 10, 2012 10:10 pm
Location: North Los Angeles County

Postby Snowman » Sun Nov 25, 2012 7:18 pm

Tbh, I don't think it would help much. It may show you are responsible and later on the road they might give you a chance, but seeing as your credit is not that great it might be a little while until Amex will consider you. I just got approved for the Amex Gold, and I just let my credit grow for 6-7 months and then applied for cards I want the most and see where it went. I don't think it will help much but they might pre-approve you down the road depending on how you use it.
Cards And Credit History
Bank Of America: BankAmeriCard Cash Rewards-4/25/12-1,000$ (CLI Increase on 6/15/13)
Citi: Forward-10/27/12-3,000$ (SP CLI 2/8/14)
Discover: More. 10/27/12-2,000 (Auto CLI 5/31/14)
Amex: PRG.- 11/24/12 (Closed 12/13/13) Amex BCE.2k-12/7/13. Amex SPG-4k.-12/8/13
Chase: Freedom-2,400-5/1/13. Southwest Rapid Rewards Plus- 3,600- 6/15/13.
Future Cards
Marriott Premier Rewards
American Airlines AAdvantage Gold
Chase Sapphire Preferred
Fidelity Amex

DavidNY
Centurion Member
Centurion Member
 
Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Sun Nov 25, 2012 7:34 pm

If you can't get credit I'd recommend the BofA secured card.


trumpet-205
Centurion Member
Centurion Member
 
Posts: 221
Joined: Sat Oct 23, 2010 1:51 pm
Location: CA, USA

Postby trumpet-205 » Mon Nov 26, 2012 7:32 pm

Nope. Get a card from Capital One instead.
In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)

paparoach429
Centurion Member
Centurion Member
 
Posts: 330
Joined: Tue Sep 11, 2012 12:21 am
Location: chicago

Postby paparoach429 » Tue Nov 27, 2012 10:38 am

Like many others on this forum I'll go ahead and say theres better secured cards out there then Capital One. It has an annual fee, no rewards, high interest, and most importantly the card will NOT grow with you! Also, you might want to consider store cards for the time being. They are alot easier to get. Pick one or two stores you frequently shop at and apply for their cards.



Return to “American Express”

Who is online

Users browsing this forum: No registered users and 0 guests