I recently applied for this card card a few weeks ago. I've been an Amex member for 3 years now... Between them and Chase, they have great programs and customer service. I mainly went after this card due to my credit been in much better standing after repairing it since the recession. The first Amex card I ever applied and was instantly approved for was the Amex Blue sky card (which I would strongly suggest to those with "fair" as they're easier to be approved for) for a whopping 1k! lol!
I was still grateful as it get me in the door with Amex, my credit was maybe in the low 600s at that time in 2013. I would use it for everyday spending and pay off as soon as I could and it was one of the only cards I've had where they seem to automatically increase your CL without asking (Barclay was the only other one). Went all the way up to $4800 on it's own. I then did some research on how Amex is one of the only cc companies that does a "soft" pull only when requesting a CLI, which is a huge benefit (almost all cc companies pull a hard inquiry when requesting a CLI). From my research the magic number of days to wait for is 61 days from opening the card (with a low balance, don't waste your time if it's high, you'll more than likely be rejected) and 6 months from your last CLI request. The magic amount to ask for is no more than 3x your existing CL. I took this advice and applied, sure enough I got my CL doubled! A little disappointed that it didn't go from $4200 to $12,600, but was still happy with the $8,400 being that it was so painless and easy. Remember to always include a raise in income, if you demand more than what you're instantly approved for, be prepared to back up that income (which can always be a pain to provide). Still overall happy with the experience!
I then applied for this card since getting a little more confident with my background with Amex... Sure enough, instantly approved for $5,500 CL! I mainly got this card, because my wife's biggest spending happening at Supermarkets and department stores. This is the only card out there that offers 6% cb on anything, 5 is the highest I've seen and that on;y on the cards that mostly offer rotating categories. Plus, the 3% unlimited cb at select department stores is a huge plus as my wife likes to go shopping a lot (god bless her). I plan to continue keeping a low balance and applying for a CLI on my 61st day and will be sure to update everyone if when it takes place to confirm...
To those who've gotten declined for this card or another in that matter... NEVER forget to ALWAYS call the reconsideration number. I've NEVER gotten declined after doing so. Don't get me wrong, it may take a few times and a few different reps, but it eventually works when you keep trying. Just make sure when applying for higher tier benefit rich cards such as this one that you have an exp score (most popular credit bureau for cc companies) of 680 or higher! If not, don't waste the hard pull on your credit. Remember that hard pulls will stay on your credit for 2 years (only affect your score directly for 1 year, but will still be viewable to credit companies to see how much credit you've been applying for in such a short period of time). The card companies won't pull another inquire for 30 days after you first applied for the card. So you've already taken the ding on your credit with the hard pull anyway, so why not give it a shot at the reconsideration line. Call everyday for 30 days if you have to! lol! Just because one rep rejected you, doesn't mean the next one will as well. Just pretend the prior call never took place. If you just sit around and wait for your letter within the next 7-10 business days, it's a 99% chance of being a rejection letter. So what are you waiting for?
In closing, Amex and Chase are the best cc companies I've came across and I have 16 cc's! lol
Hope this helps everyone, thanks again Amex!
tu 719 eq 740 exp 693