Author Topic: How many AMEX Apps at once is too much  (Read 3229 times)

Offline KidOOO

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How many AMEX Apps at once is too much
« on: July 25, 2012, 03:18:04 AM »
First of all i know this has all been discussed here in the past, (as has almost every credit card topic in the world..) I simply wasted to much time already going through all the pages without finding what i was looking for, so bear with me.

I wan to apply for

AMEX Platinum regular (50K)
AMEX Platinum MB (50K)
AMEX SPG (Simply Great Value - is there any good signup bonus on this right now?)

and

Blue Business (for open benefits)

I am aware that business is another credit pull so probably will wait with the blue business,

But regarding the personal cards, does 3BM with amex carry more risk than other issuers?? and how about 4BM and 5BM etc.. (if i get in the crazy mode..)

and would you recommend any other amex cards to apply for while at it?

referring to posts with answer would be great as well.

thanks

Offline zale

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Re: How many AMEX Apps at once is too much
« Reply #1 on: July 25, 2012, 11:08:00 AM »
In my experience with multiple people's accounts, Amex will only approve 2 of the cards immediately, and they will hold the app for the 3rd card for about a week. they will usually approve the third card, but im pretty sure they do a second pull for it.

Offline smurf

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Re: How many AMEX Apps at once is too much
« Reply #2 on: July 25, 2012, 11:20:09 AM »
Get the spg biz for the open benefits

Offline KidOOO

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Re: How many AMEX Apps at once is too much
« Reply #3 on: July 25, 2012, 12:03:48 PM »
In my experience with multiple people's accounts, Amex will only approve 2 of the cards immediately, and they will hold the app for the 3rd card for about a week. they will usually approve the third card, but im pretty sure they do a second pull for it.

Get the spg biz for the open benefits

So now i'm thinking to apply

AMEX Platinum regular (50K)
AMEX Platinum MB (50K)
AMEX Business SPG

that way only 2 personal cards and business will anyway be another pull

How about SPG signup bonus, anything better than the current 25,000? 

Offline compddd

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Re: How many AMEX Apps at once is too much
« Reply #4 on: July 25, 2012, 01:37:41 PM »
In my experience with multiple people's accounts, Amex will only approve 2 of the cards immediately, and they will hold the app for the 3rd card for about a week. they will usually approve the third card, but im pretty sure they do a second pull for it.

I did a 3BM for Plat/MB Plat/SPG and was instant approved for the 2 plats and approved for the SPG after an hour.

Offline zale

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Re: How many AMEX Apps at once is too much
« Reply #5 on: July 25, 2012, 01:43:02 PM »
I did a 3BM for Plat/MB Plat/SPG and was instant approved for the 2 plats and approved for the SPG after an hour.

Was there a second pull?

Offline compddd

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Re: How many AMEX Apps at once is too much
« Reply #6 on: July 25, 2012, 01:48:53 PM »
Was there a second pull?

Nope

but last year I did a 2BM for 2 plats and they approved one after a week, and the 2nd after 2 weeks.

Got 2 pulls for that :(

Offline KidOOO

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Re: How many AMEX Apps at once is too much
« Reply #7 on: July 25, 2012, 02:04:16 PM »
I did a 3BM for Plat/MB Plat/SPG and was instant approved for the 2 plats and approved for the SPG after an hour.

do you mind me asking in what area is you FICO score

Offline compddd

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Re: How many AMEX Apps at once is too much
« Reply #8 on: July 25, 2012, 02:36:35 PM »
Citi ID Monitor said my Experian was 700 the day I applied and Amex pulls from Experian in my state.

Offline TC610

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Re: How many AMEX Apps at once is too much
« Reply #9 on: July 25, 2012, 04:15:04 PM »
Keep in mind the spending requirements for the bonuses.  If you won't be able to reach them with all of the cards, then you may want to opt for a different strategy.

Offline KidOOO

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Re: How many AMEX Apps at once is too much
« Reply #10 on: July 25, 2012, 04:31:40 PM »
Keep in mind the spending requirements for the bonuses.  If you won't be able to reach them with all of the cards, then you may want to opt for a different strategy.

good point

so if i go just for the MB Plat and Business SPG, is there any other amex with a signup bonus and low spend requirement? 

this is a waste of credit pull :/


Offline AsherO

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Re: How many AMEX Apps at once is too much
« Reply #11 on: July 25, 2012, 04:50:20 PM »
referring to posts with answer would be great as well.

A search for 4BM should answer your questions.
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Offline Shmelly

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Re: How many AMEX Apps at once is too much
« Reply #12 on: July 25, 2012, 05:08:27 PM »
I did a 3BM for Plat/MB Plat/PRG and had all 3 instantly approved. Another time I applied for only the SPG and got approved the next day. My point is - well you know my point.
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Offline KidOOO

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Re: How many AMEX Apps at once is too much
« Reply #14 on: July 25, 2012, 06:30:19 PM »
any recombination for a 3rd card (besides the plat and SPG)