I have a secured Optima Account. Had it for 1 year now. I have clean credit just limited to about 13 months worth. What is the next card I should apply for from Amex. Should it be Blue or the Green Card???
I, personally, like the Green. It is easier to qualify for, too. It depends if you personally want to revolve a balance every once in a while or all the time. Blue is cool, but the Green keeps spending in check...
The green is a little easier to get. For questionable applicants, Amex requires that you've had 1 major credit card open for at least a year and another for at least 6 months, both with no negatives. The blue requires both cards to have been open for at least a year (might even require one of them to be at least 2 years, I can't remember.) This is what the rep told me. You should call them and discuss your particular situation though and see what they say.
IF YOU ALWAYS PAY IN FULL, GREEN. You have NO stated credit line. Can be good and can be bad... If you always spend $300/month, then your washer and dryer goes out and you have to spend an extra $800 that month, you may have problems. If you want the option of paying the minimum sometimes get BLUE. You also have an exact amount of credit line AND NO ANNUAL FEE!!!
NO!!!! Credicorp is NOT affiliated with AMEX or any other credible company!! Credicorp is a notorious deceiver of less savvy consumers and is known by attorneys-general across the nation. DO NOT FALL INTO THE TRAP THAT HUNDREDS OF OTHERS DO!!!
