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06-28-2013 08:11 PM
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...
06-29-2013 04:41 AM
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.
06-29-2013 07:09 AM
Does AMEX want the tax info 100% of the time? I'm curious.
06-29-2013 07:12 AM
06-29-2013 07:13 AM
06-29-2013 08:15 AM
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.
06-29-2013 08:16 AM
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
Thanks myjouney! I know you guys understand the frustrations.
06-29-2013 08:40 AM
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.