You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Delta Reserve Credit Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.
If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Delta Reserve Credit Card credit score requirement. You can check your credit score for free on WalletHub.
The value of Delta miles is 1.29 cents per mile, on average. That means 10,000 Delta miles have a value of roughly $129. Delta miles are less valuable than the average airline miles, which are worth 1.36 cents each, as a result.
It's important to remember that the value of Delta miles depends on how they are redeemed. They have the most value when used for SkyMiles flights. In addition, one of the best ways to increase the number of Delta miles that you earn is to apply for a … read full answerDelta credit card.
American Express approval odds are best for people with good or excellent credit scores (700+), enough annual income to demonstrate the ability to pay the card’s annual fee (if there is one) and the entire balance in full, when applicable. Minimal debt and steady employment are also important.
More info about the American Express approval odds
Your credit score will prove very important to your chances of getting approved, given that all American Express cards require good or excellent credit for approval. A credit score of 700+ is a good start, though some American Express cards require a 750+ credit score for high approval odds. Total annual income, employment status, and outstanding debts could also have a big influence on the outcome of your application.
It's generally harder to get an American Express card than it is to get a credit card from many other major issuers simply because all of Amex's credit card offers require good or excellent credit for approval. But American Express isn't the only credit card company to target people in the highest tiers of the credit score scale. Barclaycard and Chase do too, for example. And if you're fortunate enough to have good credit or better, an American Express credit card will be no harder to get than any other credit card.… read full answer
The easiest American Express cards to get are those that require a minimum of good credit for approval, as opposed to excellent credit only. You may also want to target cards that are co-branded with companies such as Delta and Hilton as well as offers with lower annual fees. Co-branded cards often have relatively high approval rates to accommodate more fans of the brand (e.g. Hilton) in question. And some of Amex's premium cards for big-spenders, which can be relatively difficult to get, have high fees.
Of course, American Express also evaluates each applicant's income and debt obligations to make sure they can afford monthly bill payments on a new line of credit. But there isn't much information available about Amex's standards in those regards, and you shouldn't expect them to differ too much from other credit card companies' policies.
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