Credit Card Forum
  1. #1
    Green Member
    Join Date
    Nov 2012
    Location
    Baltimore, MD
    Posts
    1

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

    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
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  2. #2
    Centurion Member Snowman's Avatar
    Join Date
    May 2012
    Location
    North Los Angeles County
    Posts
    609

    Default

    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 (3% Gas, 2% Grocery, 1% everything else). 4/25/12-1,000$ (CLI Increase on 6/15/13)
    Citi: Forward (SM) Card (5x points on Restaurants, bookstores, music stores, video rental stores, movie theaters, 1 point for everything else.) 10/27/12-3,000$ (SP CLI 2/8/14)
    Discover: More. 10/27/12-1,500
    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
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  3. #3
    Centurion Member
    Join Date
    Jul 2011
    Location
    New York
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    1,341

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    If you can't get credit I'd recommend the BofA secured card.
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  4. Centurion Member
    Join Date
    Oct 2010
    Location
    CA, USA
    Posts
    223

    Default

    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)
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  5. #5
    Centurion Member
    Join Date
    Sep 2012
    Location
    chicago
    Posts
    312

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    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.
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