American Express has long been associated with luxury. Just having an AmEx credit card in your wallet can tell you a high credit score. As well as a good history of good credit card usage.
Before rushing to submit an application, you may want to consider pre-qualifying. In addition to giving you a good idea of your eligibility for the AmEx credit card without compromising your credit score, you may be eligible for promotions. For example, 0 percent introductory APR or welcome bonus, which you will not do without prior permission. We have explained in this post how to do it.
Fortunately, this is a great way to find out which Amex card you might be eligible for. With pre-eligible and pre-approved offers, you can also see which American Express cards are likely to be approved by removing some of the stress in your application process. In this post, we have providing some various ways and essential guide about how to preapproved for AmEx credit card.
Keep reading the post to know more about how to get prequalify for an AMEX credit card.
How To Preapproved For AmEx Credit Card
If you’re thinking about how to pre-approved for an American Express card, you’ll be happy to learn that the process is quick and easy, regardless of the prequalification tool you use. Since you are not submitting a formal application, your credit report will not be subject to strict scrutiny. Or your credit score will go up to 10 points.
Note that pre-eligibility does not guarantee approval. A user still have to apply for a credit card. And go through the credit approval process to get a yes-or-no answer from approval Max.
Check for Offers on CardMatch
Bankrate’s card-match tool is one of the painless ways to see if users qualify for an American Express or AmEx credit card. Here’s how it works:
- First of all, go to the Bankrate website.
- Then, provide your full name, home address and email address.
- Next, create a password for a free Bankrate account to save your progress and get faster access to future CardMatch offers.
- Now, enter your phone number.
- Enter the last four digits of your Social Security number.
- Finally, agree to the terms and conditions and click Get matches.
In less than a minute, you’ll see a list of credit cards from all of Bankret’s participating partners that match your credit profile.
If you pre-approved for American Express Card, you can submit your application directly via CardMatch. If you don’t, you’ll be able to pre-qualify for other offers, including multiple prizes and travel credit cards from issuers like Chase and Citibank.
Prequalify on the Amex Website
In addition, American Express allows applicants to check pre-offer directly on the American Express website. Similar to CardMatch, the card user will enter their personal information and the last four digits of Social Security number. American Express Prequalified Offer Unless you apply, your credit will not be affected.
Boost Your Chances
As mentioned, most American Express cards are designed for users over 670 with good to excellent credit. If you walk the edge of this threshold or hope to qualify for more unique cards, such as the issuer’s American Express Platinum card, you should take steps to improve your credit score before you apply.
You can always do this by paying your bills on time and keeping your total credit usage low. If you need to increase your credit history, you may want to consider adding a family member as an authorized user to one of their accounts. This policy has its advantages and disadvantages, but as long as the primary cardholder is responsible it can increase your score and add it to your credit file.
Prequalifying Does Not Guarantee Approval
Pre-qualifying for a credit card offer is a great way to find out if you will be approved. You may receive a prequalified card offer to refuse the card. However, your chances are effectively improved by first qualifying, and your chances are even better if you get a pre-approved offer.
One more important thing to note here is that American Express is notorious for offering various introductory bonuses in different ways. This means that the offers you get on card-match or mail may not be the same as what you see on the website. In most cases, you can get a big bonus by applying through a prequalified or pre-approved offer. But you should always compare to make sure you make a good deal.
Bottom Line
If you are unsure if you are likely to be approved for an American Express credit card, checking your prequalification through Bankrate’s card-match tool or through the Amex website can help ease the stressful process. Taking steps to improve your credit ahead of time can increase your chances of getting special benefits at the time of application.
