Reply
Blogger
HiLine
Posts: 2,836
Registered: ‎10-19-2012

Re: Amex BCP denied :(

When I got approved for my first American Express card which was a credit card, I had a card reporting 100% utilization, so 52% utilization on one card is probably not the reason for denial. Amex doesn't like baddies though...

Established Member
sdotlow
Posts: 82
Registered: ‎05-06-2013

Re: Amex BCP denied :(

I just got approved with 4 inquiries listed and a card at 40% util (but only 15% of total CL util).  No baddies ever though.


Amex CS scores - EX-745 / EQ-745 / TU-767 (6/28/13)
BankAmericard Cash Rewards - 10k, MAFCU Visa Rewards - 10k, Chase Freedom - 2500, Discover IT - 2000, Barclay Apple - 2000, AMEX BCE - 2000
Gardening as of 6/28/13
Senior Contributor
yudeology101
Posts: 4,584
Registered: ‎06-21-2012

Re: Amex BCP denied :(

Does AMEX want the tax info 100% of the time?   I'm curious. 

JPM Ritz Carlton $8k I UMP Club $8k I CSP $5k | Chase Hyatt $5k I AMEX Green NPSL I AMEX Delta $2k I Citi AA $2k | C1 QS $4.5k
BOA UNC-CH Alumni $6k I Hawaiian WEMC $3k I Arrival $3.5k I IT $1.5k | Merrill+ $2k | Lowes $12k | TJX $1.55k | +6more
Scores: EQ:660 (FICO 11) EX:686 (FICO N/C) TU:686 (FICO N/C) *6-20-14*
Overall UTIL: 14% *Gardening Since: 5/10/14*
------------------------------------------------------------
Need to stay out of trouble.... Go Heels!!! ... GC Watchlist ( #1 as of 12-12-13)
Senior Contributor
youngandcreditwrthy
Posts: 6,154
Registered: ‎08-16-2012

Re: Amex BCP denied :(

Amex is such a mixed bag for folks.
I barely have a 700 exp(it's my lowest) and I've managed to get a BCE and Delta Gold with that score. Hmmmm
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Senior Contributor
youngandcreditwrthy
Posts: 6,154
Registered: ‎08-16-2012

Re: Amex BCP denied :(

Same for me hiline! I had two cards maxxed when approved for BCE and even a 4 year old baddie, but my overall util was way <15%
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Valued Contributor
parakleet
Posts: 1,135
Registered: ‎04-13-2013

Re: Amex BCP denied :(

Wow. It almost feels like there's no rhyme or reason to their decisions. Maybe we'll call the EO on Monday. Not expecting anything but doesn't hurt to try. I don't have a problem with sending in tax stuff to verify the income so am curious if that was the main reason for the denial. More likely, it was a combination of things.  


Gardening since 7/16/14
Current: EQ 711 7/13/14; EX 724 TU 721 6/19/14
Goal: 760+
Valued Contributor
parakleet
Posts: 1,135
Registered: ‎04-13-2013

Re: Amex BCP denied :(


myjourney wrote:

parakleet wrote:

Thanks guys. Yeah, it was kind of a let down. Oh well. I think we'll just wait until we get the letter. Just gets me more motivated to get our debt down! Thank goodness it's at 0% apr for a while. 


You know we have your back :smileywink:


Thanks myjouney! I know you guys understand the frustrations. :smileyhappy:


Gardening since 7/16/14
Current: EQ 711 7/13/14; EX 724 TU 721 6/19/14
Goal: 760+
Senior Contributor
Open123
Posts: 3,972
Registered: ‎02-23-2011

Re: Amex BCP denied :(

It's most likely income verification, but if not this time, then just apply again after 30 days.  Amex doesn't mind frequent applications with them. In some cases, they even encourage it.

 

Good luck!


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+