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).
You'll need good to excellent credit to qualify for the Blue Cash Preferred® Card from American Express. Generally speaking, this is defined as a credit score of 690 or better.
Your credit limit will be determined by your credit score, stated income, and the amount of credit that American Express has already extended to you. But if you're approved for the card, your credit limit should be $1,000 at the very least.
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.
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.
Which Credit Bureau Does American Express Use? American Express appears to primarily pull credit reports from Experian, but this doesn't mean it doesn't occasionally pull from one or both of the other major consumer credit bureaus as well.
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."
Amex primarily pulls Experian, though sometimes Equifax or TransUnion reports. Chase favors Experian, but may also buy Equifax or TransUnion reports.
The Centurion® Card from American Express, sometimes referred to as the Black Card, may be the hardest credit card to get because you need a special invitation from Amex to apply and there's a high financial bar to getting the card. It's been reported the card requires a $7,500 "initiation fee" and a $2,500 annual fee.
Yes, American Express does a hard inquiry when you apply for a loan. This credit report inquiry will likely drop your credit score by about 5 to 10 points, but you'll be able to get back on track with a few months of on-time payments.
The Blue Cash Preferred will likely be the better choice for the vast majority of those looking for their next rewards credit card. For starters, you're getting a higher welcome offer (though you do have to spend more with the Preferred to earn the bonus).
It's not hard at all to request a limit increase on an American Express credit card. A card member can do it the old-fashioned, speak-to-the-company way by phoning AmEx customer service at 1-800-528-4800. You'll tell the nice robo-assistant voice that you would like a credit limit increase.
The Blue Cash Preferred® Card from American Express is the winner over the Blue Cash Everyday® Card from American Express. The key difference between Amex Blue Cash Preferred and Amex Blue Cash Everyday is that Blue Cash Preferred is both more expensive and much more rewarding.
To earn the Amex Blue Cash Everyday Card welcome bonus, new cardholders must spend $2,000 within the first 6 months of opening an account. The Amex Blue Cash Everyday Card bonus is $200 as a statement credit.
The Blue Cash Everyday Card from American Express is an excellent starter card if you're looking for cash back on common categories such as groceries, gas, and online shopping, or if you don't find the annual fee worth it for the premium Blue Cash Preferred card.
According to Weiss, one of the most recommended cards for high-net-worth individuals is The Platinum Card® from American Express . While this card comes with a wide range of perks that make it seem too good to be true, it also comes with an annual fee of $695 (See Rates), which is higher than most other credit cards.
The credit limit you can get with a 750 credit score is likely in the $1,000-$15,000 range, but a higher limit is possible. The reason for the big range is that credit limits aren't solely determined by your credit score.
The Blue from American Express® Card is an average credit card for people with excellent credit. American Express Blue Card has a $0 annual fee and rewards cardholders with 1 - 2 points per $1 on purchases, but it still doesn't come close to matching what the market's best rewards credit cards have to offer.
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.
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 Blue Cash Everyday® Card from American Express reports to the credit bureaus monthly, within days after the end of a cardholder's monthly billing period.
If you're an existing cardholder and you apply for a new card, Amex will not perform a hard pull on your credit if you get denied. They use the information they have on file for you to conditionally approve you, then perform a hard pull to double-check that there have been no major changes to your credit report.
The most common reason for a card to be declined is because you're over your credit limit, or the purchase in question would put you over your credit limit.
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.
You can get a Discover credit card with any credit score or even no credit history at all. Discover has credit card options to fit every consumer. If you have bad credit or no credit history, you could get a secured card with Discover.