10-08-2013 06:10 AM
I am in the final year of a 13 filing. During the salad years (before filing) I had a Gold and Platinum Amex. The Gold had no debt and the Platinum had about 3K on it. As the Amex card is helpful in my business, I would like to restore one of them after discharge next July. Does it make sense to try? I know they will require me to pay off the previous debt (possibly plus interest) before even considering it. My question is, will they consider it? Can I even trust them if they say to send them 3K (plus) and they'll give me a card? Would they put such a thing in writing? Thanks.
10-09-2013 11:07 AM
Kind of what I thought. You think that would apply to any credit from Amex?
I have tried on more than one occasion to get Amex to approve a new card. Was never successful and lost interest. I also tried to get Wells Fargo to do the same as my WF Visa was cancelled when I filed for Ch 7 bankruptcy last year. I even offered to pay the outstanding balance despite it having beed discharged. They refused. Same for Capital One.
My recommendation is to focus on rebuilding your credit and forgetting about Amex.
You may want to talk to your bank where you do your business banking. They can often help when direct app to Amex would fail.
10-14-2013 02:18 PM
>>My recommendation is to focus on rebuilding your credit and forgetting about Amex.<<
Yeah, I'm already underway with that. Just wondering if it's possible. You've confirmed. Thanks. I suppose snooty Amex has their "elite" reputation to uphold. But Capitol One?!! The "What's in your wallet?' clowns?
Anyway, on a side note, my wife has both a Gold Amex and a Gold BofA Visa. I tried getting a second card using my name and SS. Amex turned me down but BofA had no problem issuing me a card. Really helps to have a cc with my name on it when traveling. Ironically, I owed BofA (on two cards) much more when I filed 13 than Amex. Go figure.
10-14-2013 04:29 PM
10-14-2013 07:52 PM
Maybe apply for an amex card that isn't issued by Amex, such as USAA? Just an idea. I probably wouldn't pay the 3,000 just because they say you may or may not get approved for a credit card with them..
10-17-2013 05:13 AM
The Amex infinity card route sounds like a possibility through someone like USAA or Delta Airlines, but I assume their application process is handled by Amex, taking me back to square one. Not worth risking 3K on just their say-so. Would need something in writing and I'm increasingly less enamoured of the whole idea. After all, rental car companies and hotels (when traveling) couldn't care less what kind of card you hand them. Thanks for the reply.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.