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American Express Green Card Financial Review Concern....

Regular Contributor

American Express Green Card Financial Review Concern....

JUST GOT A CALL FROM AMERICAN EXPRESS CONFIRMING MY ADDRESS AND SHE APPROVED ME FOR THE AMERICAN EXPRESS GREEN CARD!!!

 

WORDS CANNOT DESCRIBE HOW HAPPY I AM TO FINALLY HAVE AN AMERICAN EXPRESS!!!!

Message 1 of 14
13 REPLIES
Frequent Contributor

Re: American Express Green Card

In the infamous voice of Morpheus, "Welcome... to the real world."


5/30/15 EQ 596; TU 605; EX 580.
12/18/17 EQ 646; TU 660; EX 674
Message 2 of 14
Frequent Contributor

Re: American Express Green Card

Congrats to you! Nice place to start and gets you into the habit of paying your credit cards bills in full monthly and curb spending.

Marriott Rewards Visa $25,000; AirTran A+Rewards Visa $25,000; PFCU Visa $17,000; Barclay B&N MasterCard $12,000; GUCU Visa $10,500; Nordstrom Visa $10,000; GOCU Visa $10,000; Ann Taylor MasterCard $6,400; US Bank Perks Plus Visa $5,000; Barclay Arrival MasterCard $5,000; Quicksilver One $3,000; Capital One Classic $3,000; Amazon Visa $500; Sam's Club MasterCard $250; Dillards AMEX $250; Wal-Mart MasterCard $250.
Message 3 of 14
Regular Contributor

Re: American Express Green Card


My only concern is......

 

About 3 years ago i was put under financial review and i closed my card, i am wondering if now i make my first purchase and they put me under financial review?

 

Has this ever happened to anyone or do you think it will happen?

Message 4 of 14
Valued Contributor

Re: American Express Green Card

Do not worry about it.

 

As long as you have been honest with them on everything, enjoy the use of the card!

 

I think the FR is way over rated here. If you have something to hide or you were not honest with them when you app'd, then yes, be concerned.

 

Otherwise - use the heck out of the card and build your relationship!!!  Smiley Happy

 

Ray

Ray

** Every Card has a Job, and Every Card does its Job **
Message 5 of 14
Super Contributor

Re: American Express Green Card


birjest wrote:

In the infamous voice of Morpheus, "Welcome... to the real world."



You Geek Smiley Happy




Message 6 of 14
Super Contributor

Re: American Express Green Card Financial Review Concern....

Congrats !!




Message 7 of 14
Regular Contributor

Re: American Express Green Card


RockinRay wrote:

Do not worry about it.

 

As long as you have been honest with them on everything, enjoy the use of the card!

 

I think the FR is way over rated here. If you have something to hide or you were not honest with them when you app'd, then yes, be concerned.

 

Otherwise - use the heck out of the card and build your relationship!!!  Smiley Happy

 

Ray


I was honest... but do you think they will FR me then?

Message 8 of 14
Super Contributor

Re: American Express Green Card

Dont worry too much about the Amex FR. Just give them what they ask. When they did first FR, I closed all the cards like you did. Later I reapplied. After few days they did FR and I gave them all the papers. They put hard limits on my account for 12 months and then they removed the limits and  restored my preset spending limit. It just that people worry too much about it. As long as you make ontime payments and dont apply for too many new accounts you are fine. By the way congrats on your new card.

Message 9 of 14
Senior Contributor

Re: American Express Green Card


timmis1127 wrote:

RockinRay wrote:

Do not worry about it.

 

As long as you have been honest with them on everything, enjoy the use of the card!

 

I think the FR is way over rated here. If you have something to hide or you were not honest with them when you app'd, then yes, be concerned.

 

Otherwise - use the heck out of the card and build your relationship!!!  Smiley Happy

 

Ray


I was honest... but do you think they will FR me then?


Any answer you get to this is likely to be very much speculation.  What was the reason they FR'd you last time?  Did they tell you, do you have any ideas?  If you know of a certain risky behavior that triggered the first FR, then maybe there's a chance they'll resume that process since it sounds like you canceled your card rather than complete the review.  But who knows?  For the most part, I wouldn't worry about it.  It's out of your control. If it happens, decide if you want to complete the process this time around, and if not, cancel the card again.  Carry a backup card for some additional insurance.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Message 10 of 14