Reading A Credit Report Inquiries
2010
Approval rate on American Express Delta Skymiles Card? Please read details.?
My credit scores are 724, 691 and 684 for Transunion, Equifax and Experian respectively. I want an American Express Delta Skymiles Credit Card. There are absolutely no accounts for collections, charge-offs or any other negatives accounts on my reports. The only issue I have is that my Equifax report shows eight inquiries within the past two years. The others show only llike three or four. I also don’t have much revolving experience on my reports. I had one credit card in 2002 which I closed within six months in good standing. Would I have a problem getting approved for this card? If for any reason I don’t get approved, would I be able to get a different American Express credit card without another inquiry?
Why do you want a sky miles card?
Did you know that you have to spend about 32,000 just to get a free flight.
Clarkhoward.com has a report on how these airline miles are a total rip-off.
And he can’t believe how people keep falling for it.
And, you can’t go through travelocity to book – you pay full price.
I, as a cost analys, see right through these scams.
They never amount to more than 1% cash back.
And.. miles are extremely hard to redeem – almost a nightmare.
Ask anyone that has ever tried to get a return trip on them.
Did you know, that with all the math I have done I have never found a card that beats 1% cash back?
I’m talking about cash back, not cards or points for trinkets.
You get cash in your account as a credit each month – something you can actually use.
Go to bankrate.com and find a card with 1, 2, or even 5% cash back.
And stop falling for GIMMICKS – like airline miles.
Stay away from Discover and Cap One.
Once you read all the fine print – you’ll see why.
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