Howdy all,
Got a mailer today and checked the AMEX pre-qual link. I've checked this before and had no offers, but today I saw this.
https://i.imgsafe.org/625ca54.png
The offer says "We have found the following pre-qualified Card offers for you." not recommended, so I believe I will have a good chance of getting them should I app.
Platinum
100,000 points after $3k spend in 3 months
$450 annual
Platinum Rewards Gold
50,000 points after $1k spend in 3 months
$195 annual, waived first year
EveryDay Credit Card (not interested)
25,000 points after $2k spend in 3 months
I was planning on apping for an AMEX charge card (PRG or Platinum) in June, but was suprised by this offer. Now I'm wondering, should I just app now? I got approved for a CSP in January, $16k CLI. Hard pull in Dec 2015 for that card. $6k Freedom which I've held for 17mo now, and $2.7k CLI Citi DoubleCash which I've held for about 10mo.
My FICO history (as reported by my DoubleCash) is Nov: 781, Dec: 727, Jan: 738, Feb: 770. Balance on the DoubleCash < 1%, balance on the Freedom $0, balance on the CSP < 1% (just paid down at 3%).
The December and January hit is from the HP, see a thread about that here. A few questions...
- If I don't take this offer now, will it disappear? IE if I re-check in June, should my FICO remain the same, will I recieve the same 100,000 and 50,000 offers? Or are they great offers which I should jump on now.
- Platinum vs PRG? I know this is an oft-mentioned battle. Both spends are achievable ($3k/3mo and $1k/3mo). I'm inclinded to take the Platinum for the 100,000 miles, but don't like the $450 annual and prefer the benefits of the PRG.
- Should I choose the Platinum and get the 100,000 points, can I downgrade to PRG and keep the points + get the 1yr waived fee? Any credit hit for doing something like this?
- Should I wait for my DoubleCash statement to post (April 3), pay it, then app when only my CSP has a balance (will be less than 1% util still on the CSP).
Lots of questions and I appreciate any and all of your input here. June will be 6mo from the hard pull so that sounds beneficial for an app. But I'm not sure the offers will be there at this point. I'm assuming my FICO will rise from now to then, but I'm not sure what difference it will make. Thanks!!
EDIT: Not that it exactly matters but 793 TU and 793 EQ as of Mar. 21 accroding to CreditKarma.com