(Replace 11/21/22: Official press launch immediately)
American Categorical not too long ago started exhibiting some folks an ‘Apply With Confidence’ characteristic whereby you’re advised earlier than the ultimate utility whether or not you’ll be authorised. After assuring card approval, you’ll then give Amex the go-ahead to tug the mandatory credit score report. This fashion, you’ll solely swallow the arduous credit score ding with the boldness of card approval. Apple card has an analogous characteristic as properly.
Actually Amex normally doesn’t pull the credit score for somebody who’s an present Amex buyer which makes this characteristic irrelevant for many of us. Attention-grabbing characteristic nonetheless. Simply be aware that this characteristic doesn’t present for everybody, you’ll see on the unique card utility whether or not it’s an possibility for you.
I first realized about this characteristic immediately from a OMAAT publish and it seems to be prefer it’s been round for just a few months when it’s mentioned on MyFico and Reddit.