An American Express application can be hard. The reason is they've got a rigid application process because of their higher credit limits in comparison to other credit cards. Even though it may differ from case to case, they'll look at a few things before ultimately granting your request. They are going to judge your application using the following:

- Credit score. American Express has a scoring system to evaluate their potential debtors. Possessing a good credit rating will affect your application positively. They are going to especially pay attention to your payment history, credit utilization or the ration of your revolving debt, period of credit history, sorts of credits used, and your credit inquiries.

American Express rates their borrowers between 300 and 850 grades. A higher score indicates more financial stability and responsibility. If you get a score above 700, this means you're in good shape financially. However, a grade below 600 may mean a rejection of your American Express application.

- Credit history. Although some lenders think this is part of your payment history, American Express view this as a separate criterion. They will especially concentrate on your timelines when paying your outstanding debts. A debt payment on time means you're honest. A bad credit history, however, largely affects the application and may bring about rejection.

- Employment status. All credit card issuers look at your source of income to learn more about your financial capability. Your credit limit is dependent upon how much you earn yearly. People with jobs are more prone to get an American Express card. You may still apply if you're a student, though, they might require additional documents to figure out where you are going to get the funds.

- Current loans. Having an outstanding loan with other institutions might affect your American Express application. It may well look negative and signal poor financial capability. You have to pay off all your existing loans before you apply for an American Express card.

To give you an overview of the American Express application, here is a step-by-step guide:

- Familiarize yourself with the various kinds of American Express cards. Most cards require the balance to be paid fully each month, in exchange for lower APR, no annual fee and other membership benefits. Determine what will best suit your need.

- Since plenty of rewards and American Express discounts are on offer, determine which rewards or benefits will likely apply to you.

- If you're trying to get a credit card, know what other services American Express is offering. This can include financial services, travel insurance, gift checks and other consolidation programs.

- When submitting your application form online, search for the padlock icon. This would ensure the privacy of the information you sent. Should you be still unsure which card is best for you, you can click the "apply for a card" tab at the top of the web page for additional information.

- Fill out all the information fields.

- Print and carefully read the terms and conditions of the card before confirming your application.

- Submit your application.

American Express offers a range of cards for any kind of individual. Ensure you check the requirements for each. If you're just beginning to build a credit history, a Blue card will suffice. Individuals with stable income and a good credit history may qualify for Gold and Platinum cards.

Go with a card that fits your financial capacity. It is advisable to research online to discover the sort of card that best suits you.