NEW YORK—A new program is being piloted by American Express in which select applicants can find out if they are approved for a credit card without affecting their credit score.
If the applicant is approved and chooses to accept the credit card, then their credit score may be impacted, The Motley Fool said
“This pilot program is unlike pre-approved offers, since applicants will know with 100% certainty if they are approved for a U.S. Personal Card for which they’ve applied. Additionally, there is no additional form or information that the applicant needs to submit after receiving the decision on their application,” The Motley Fool explained.
American Express Executive Vice President of U.S. Consumer Marketing Sara Milsten told The Motley Fool, “With our new application experience, prospective card members can apply for a specific card— and know if they are approved—without having to worry about whether their application will change their credit score until they accept the card. We hope this new, more transparent application experience encourages anyone with an interest in American Express membership to apply."
Who Qualifies
Currently, only certain personal cards are part of the program. It is available for individuals who apply at AmericanExpress.com/us/credit-cards or by calling American Express. It is not available for those who apply for a new card in an existing American Express account, The Motley Fool reported.
Every Morning. The Freshest CU Headlines. For You. For Free. Or Your Money Back
Don’t forget to check your Spam/Junk email folder if you haven’t been receiving your free, popular and daily CUToday.info news headlines.
And if you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time.
CUToday.info has received very positive response from readers following the move to an improved provider of the daily headlines, but many also noted they did need to go to their Spam/Junk folder and mark it as safe.
The new email solution has not only improved every reader’s delivery experience, but it also features a fresh, new format that is easy to read, especially on mobile devices.
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com.