No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
As some of you will know, I was recently declined for the Amex everyday card. I got a call this week from Amex EO about a letter I sent and how disappointed I was on being on the Black List, with out any real options.
A few pieced of information that they shared with me that I thought might be helpful to some people. 1- They don't call it a black list they refer to it as an internal risk rating 2- Policy recently changed with Amex in regards to applicants with prior AMEX IIB, depending on how large the IIB Account was a members internal risk score will be to high for 5-7 years unless deemed excessive (wouldnt give me the magic number) but indicated that it would be 10 years. One exception to that rule is defrauding Amex in which case it will lead to a perminant high risk rating. 3- I had mentioned the optima program and how I originally asked for an invitation and was told no based on how my account was closed, They mentioned that it was true, IIB no longer qualifies for optima 4- I asked if I just paid back the balance if it would help, was told it would have no impact what so ever 5- reviewed my membership and said it looks like my Interal Risk Score would drop closer to the 5 year mark then the 7 year mark but couldnt tell me exactly when as it was propitary, made the suggestion to stay away from inquiries in order to get back in. 6- AU accounts impact the IR score allot when you do not have a primary account.
Happy with the information provided, looks like I may be able to get back in soon.
@Anonymous wrote:As some of you will know, I was recently declined for the Amex everyday card. I got a call this week from Amex EO about a letter I sent and how disappointed I was on being on the Black List, with out any real options.
A few pieced of information that they shared with me that I thought might be helpful to some people. 1- They don't call it a black list they refer to it as an internal risk rating 2- Policy recently changed with Amex in regards to applicants with prior AMEX IIB, depending on how large the IIB Account was a members internal risk score will be to high for 5-7 years unless deemed excessive (wouldnt give me the magic number) but indicated that it would be 10 years. One exception to that rule is defrauding Amex in which case it will lead to a perminant high risk rating. 3- I had mentioned the optima program and how I originally asked for an invitation and was told no based on how my account was closed, They mentioned that it was true, IIB no longer qualifies for optima 4- I asked if I just paid back the balance if it would help, was told it would have no impact what so ever 5- reviewed my membership and said it looks like my Interal Risk Score would drop closer to the 5 year mark then the 7 year mark but couldnt tell me exactly when as it was propitary, made the suggestion to stay away from inquiries in order to get back in. 6- AU accounts impact the IR score allot when you do not have a primary account.
Happy with the information provided, looks like I may be able to get back in soon.
Well good luck. I really don't understand the obsession with getting back in with them. I think Amex of old is dead and gone. They are just another lender imo with no exceptional service what so ever. Good luck on your Goal op. Im not putting salt on that. IM just saying since i have been with amex they don't strike me as the best. I personally prefer Discover and Cap one.
Good information. Thanks.
Total CL: $321.7k | UTL: 2% | AAoA: 7.0yrs | Baddies: 0 | Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping |
@Anonymous wrote:As some of you will know, I was recently declined for the Amex everyday card. I got a call this week from Amex EO about a letter I sent and how disappointed I was on being on the Black List, with out any real options.
A few pieced of information that they shared with me that I thought might be helpful to some people. 1- They don't call it a black list they refer to it as an internal risk rating 2- Policy recently changed with Amex in regards to applicants with prior AMEX IIB, depending on how large the IIB Account was a members internal risk score will be to high for 5-7 years unless deemed excessive (wouldnt give me the magic number) but indicated that it would be 10 years. One exception to that rule is defrauding Amex in which case it will lead to a perminant high risk rating. 3- I had mentioned the optima program and how I originally asked for an invitation and was told no based on how my account was closed, They mentioned that it was true, IIB no longer qualifies for optima 4- I asked if I just paid back the balance if it would help, was told it would have no impact what so ever 5- reviewed my membership and said it looks like my Interal Risk Score would drop closer to the 5 year mark then the 7 year mark but couldnt tell me exactly when as it was propitary, made the suggestion to stay away from inquiries in order to get back in. 6- AU accounts impact the IR score allot when you do not have a primary account.
Happy with the information provided, looks like I may be able to get back in soon.
This bolded sentence aligns with the data points we see for approvals with forum members that still have a BK reporting (which may or may not include a AMEX IIB). It's also nice to see that they are willing to consider AU history when the AU applies independently.
+1 OP for writing the letter and sharing the response.
re: Well good luck. I really don't understand the obsession with getting back in with them. I think Amex of old is dead and gone. They are just another lender imo with no exceptional service what so ever. Good luck on your Goal op. Im not putting salt on that. IM just saying since i have been with amex they don't strike me as the best. I personally prefer Discover and Cap one.
I second that. amex aint what it used to be.
I wonder what Amex considers "defrauding"? Fraud can be a lot of different things to a lot of different people.
@n777ua wrote:I wonder what Amex considers "defrauding"? Fraud can be a lot of different things to a lot of different people.
In their eyes, churning could possibly even be construed as fraud.... My opinion..
@fltireguy wrote:
@n777ua wrote:I wonder what Amex considers "defrauding"? Fraud can be a lot of different things to a lot of different people.
In their eyes, churning could possibly even be construed as fraud.... My opinion..
Very very doubtful that they would consider churning as fraud and you can't churn Amex cards as their bonuses are once in a lifetime.