Amex primarily pulls Experian, though sometimes Equifax or TransUnion reports. Chase favors Experian, but may also buy Equifax or TransUnion reports.
According to the score ranges from FICO, that means American Express applicants typically have at least a 670 score: Exceptional. 800 and above.
American Express uses TransUnion! They use TransUnion, to approve your credit app, and they use TransUnion for your score!
Yes, the Amex Cash Magnet Card will do a hard pull on your credit report when evaluating your application. The Amex Cash Magnet Card requires a credit score of at least 700. That means applicants need good credit or better to get approved.
Yes, American Express reports authorized users to all three of the major credit bureaus (Experian, Equifax and TransUnion).
The card is so hard to get, you have to be invited to even apply. While Amex doesn't really have published requirements to procure such an invite, it's reported that you'll need to spend at least $350,000 a year on your credit cards to be considered.
There is anecdotal evidence of applicants with scores as low as the mid-600s being approved, but that's rare. Even for the American Express® Green Card, a more beginner-focused travel card, a score of 670 or higher is probably necessary.
Amex primarily pulls Experian, though sometimes Equifax or TransUnion reports. Chase favors Experian, but may also buy Equifax or TransUnion reports.
Prequalify on Amex's website
Once again, these prequalified offers from American Express only place a soft pull on your credit report, so checking your eligibility won't have any impact on your credit.
The USAA® Secured American Express® Card used to be the easiest American Express card to obtain as it was available to people with bad credit.
As a guideline, American Express' VantageScore tool considers a credit score between 661 and 780 to be a good score, anything below 661 to be fair or poor and anything above 780 to be excellent.
The Amex Blue Cash Everyday card is hard to get because applicants need to have a score of 670 or higher to be approved for the card. However, you'll have a better chance of being approved for the card if you have at least a very good FICO score (740 to 799).
Although this card carries no annual fee, folks report needing a credit score of at least 680 to get approved. But some others were approved with scores of as low as 650, so you might have a good shot even with less of a credit history.
The American Express credit score requirement is 700 or above, depending on the card. That means people with good to excellent credit are eligible to be approved for an American Express credit card.
This will not affect your credit score. However, your request for a Card will show up on your credit bureau reports as a request for credit, also known as an "inquiry."
If you're getting a credit card directly from American Express, you'll generally need good credit to qualify. If you have fair credit, though, you may be able to get an Amex card from a different credit card issuer, such as the Credit One Bank American Express® Credit Card.
The American Express® Gold Card credit score requirement is 700 or higher. That means people with good credit or better have a shot at getting approved for the Amex Gold card.
All Amex says is that your credit limit depends on your credit history, debt level, income, and payment history on other American Express cards. One way to estimate what credit limit you might get on an American Express card is to read customer reviews of the card.
No, American Express does not verify income on most credit card applications or credit line increase requests. Amex will generally require income verification only if something seems out of the ordinary, such as a 21-year-old claiming to have an annual income of $150,000.
What does your credit score need to be for the Amex Platinum card? While there is no set score needed, we recommend you have a credit score of at least 720, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card.
American Express sends a letter to affected applicants citing why the application was denied. Common reasons an application could be denied include a low credit score, an insufficient annual income, number of open credit accounts, and more.
What credit score does Amex use? Data points indicate that American Express uses the FICO 8 scoring model from the Experian credit bureau. The bank is also likely to pull the same score from either Equifax or TransUnion but the applicant won't know until after they try.
American Express does not disclose a specific income requirement, but it will need to be enough to make payments on the card and to afford the $250 annual fee.
Yes, Blue Cash Preferred is hard to get because it requires a credit score of 700+ for approval, which means you need good to excellent credit to get this card. Since the average credit score is lower than this requirement, most people will not be able to get the Blue Cash Preferred card.
How many credit accounts is too many or too few? Credit scoring formulas don't punish you for having too many credit accounts, but you can have too few. Credit bureaus suggest that five or more accounts — which can be a mix of cards and loans — is a reasonable number to build toward over time.