Reply
New Contributor
WJL
Posts: 51
Registered: ‎06-21-2010

Does AMEX remember past history

Hi all - I used to hold AMEX Gold 10 years ago, but AMEX shut it down because I couldn't make the payments and it went into collection. I've paid the balance in settlement about 5 years ago. I do not see AMEX in my credit repot anymore and I'm interested in opening an AMEX account again, but wondering if I apply again, will AMEX see what happened before and just deny me? Looking forward to your many insights. Thanks!

PFCU Platinum Rewards Visa Signature $16,500 | Discover it $9,500 | AMEX Zinc NPSL | AMEX BCE $9,000 | Chase Freedom $9,000 | BankAmericard Cash Rewards $6,500 | barclaycard $5,000 | Orchard/Capital One $1,000 | Macy's $1,200
Regular Contributor
networkguy
Posts: 217
Registered: ‎04-17-2007

Re: Does AMEX remember past history

[ Edited ]

Although many have gotten to open an account after a charge off or include in banko, its the exception, not the rule. The rule is, with Amex, they never forget. I have read about people re-apping after a c/o in the 80's, and being declined to previous negative history with Amex.

Valued Contributor
MrShush
Posts: 1,412
Registered: ‎04-18-2008

Re: Does AMEX remember past history

It's true, AMEX has a very long memory but there are exceptions to any rule. Permanent blacklisting does exist for some, but for others, they are allowed back in the fray. The WORST that can happen should you decide to apply, they flat out deny you for having a negative history with them. No inquiry, no worries.

Frequent Contributor
rbh
Posts: 356
Registered: ‎06-25-2009

Re: Does AMEX remember past history

 


MrShush wrote:

It's true, AMEX has a very long memory but there are exceptions to any rule. Permanent blacklisting does exist for some, but for others, they are allowed back in the fray. The WORST that can happen should you decide to apply, they flat out deny you for having a negative history with them. No inquiry, no worries.


+1 

 

If you apply and are on their blacklist, they won't even pull a CB report.

AMEX Blue Cash - $15k, Lowes/GECRB - $10K, PNC - $10K, CIti Diamond Preferred - $10K, Home Depot/Citi - $7590, Best Buy Store/HSBC - $7400, Citi Platinum Select - $7150, Best Buy RZMC/HSBC - $5750, Dillards/GECRB - $4350, Discover More - $3600, Cap 1 Cash Rewards - $3000, Amex HHonors - $2000, State Farm - $2000, Cap 1 MTV - $1500
Established Contributor
KIPPIE12
Posts: 619
Registered: ‎05-09-2009

Re: Does AMEX remember past history

I thought if you burned Amex in the past by NOT paying them in full, that you are blacklisted?  It you paid them in full, they would be more inclined to welcome you back in the future.. I always assumed, for some, that if you applied after burning them in the past, that they would opt to put you on the Oasis program to pay them off, then after sometime you could graduate to a mainstream card product with them?

 

Maybe one of our  Fico veterans could chime in, as i thought there was a topic sometime ago regarding this?

Current Score: EQ: 781 TU: 798 EX: 802 (Fico) 8/13
Goal Scores: 760 Across all 3-Finally


Citi TY Premier 36k| Discover 15.6k|BOA WMC 30.5k|Barclays Juniper Rewards 15k|Barclays Amex 20k| CapOne 15K|Chase Freedom VS 19.3k|Citi Dividend WMC 25k|FNBO 15.5k|CSP 22.1K|Chase Marriott 31.3k|Citi TYP 20K|Citi DP 16.5k|Sams Discover 10k|Chase IHG Select Visa 26k|Macys 5k

Valued Contributor
MrShush
Posts: 1,412
Registered: ‎04-18-2008

Re: Does AMEX remember past history

 


KIPPIE12 wrote:

I thought if you burned Amex in the past by NOT paying them in full, that you are blacklisted?  It you paid them in full, they would be more inclined to welcome you back in the future.. I always assumed, for some, that if you applied after burning them in the past, that they would opt to put you on the Oasis program to pay them off, then after sometime you could graduate to a mainstream card product with them?

 

Maybe one of our  Fico veterans could chime in, as i thought there was a topic sometime ago regarding this?


Not always true :smileywink:

 

There doesn't seem to be any logic to the length of the blacklist nor will there be any definitive conclusion. It could be random, it could be luck. It could be THEY want you as a customer so they are willing to forego any previous wrongdoing.

 

The Oasis program didn't guarantee card membership either and not many CSRs would acknowledge that. It's a mystery. 

Moderator Emeritus
tinuviel
Posts: 4,877
Registered: ‎11-02-2010

Re: Does AMEX remember past history


MrShush wrote:

 


KIPPIE12 wrote:

I thought if you burned Amex in the past by NOT paying them in full, that you are blacklisted?  It you paid them in full, they would be more inclined to welcome you back in the future.. I always assumed, for some, that if you applied after burning them in the past, that they would opt to put you on the Oasis program to pay them off, then after sometime you could graduate to a mainstream card product with them?

 

Maybe one of our  Fico veterans could chime in, as i thought there was a topic sometime ago regarding this?


Not always true :smileywink:

 

There doesn't seem to be any logic to the length of the blacklist nor will there be any definitive conclusion. It could be random, it could be luck. It could be THEY want you as a customer so they are willing to forego any previous wrongdoing.

 

The Oasis program didn't guarantee card membership either and not many CSRs would acknowledge that. It's a mystery. 


+1. I've lit up the boards lately about having been approved for a Green card even though I have an upaid CO from 20 years ago. And I know for a fact that they are aware that my old account exists. I have no idea why they approved me, but I'm happy that they did. Everything that I've heard, though, indicates that this is the exception rather than the rule.


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Regular Contributor
dude11
Posts: 237
Registered: ‎06-07-2011

Re: Does AMEX remember past history

Maybe I can give you some hope. I used to have the Blue card from 07 till 09 when it got cancelled and suspended. It went into collections but I paid in full to a CA till the end of 09. I applied for the Zync card in Feb of this year and got approved. However, a 500 hard limit with AutoPay was imposed but at least I got my foot back in the door.

Valued Contributor
trumpet-205
Posts: 2,177
Registered: ‎11-11-2010

Re: Does AMEX remember past history

[ Edited ]

AMEX does blacklist those who abused their cards, but who they balcklist is somthing we never know. It could be random, or a pattern we average consumers are not seeing.

 

 

In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009

Re: Does AMEX remember past history


WJL wrote:

Hi all - I used to hold AMEX Gold 10 years ago, but AMEX shut it down because I couldn't make the payments and it went into collection. I've paid the balance in settlement about 5 years ago. I do not see AMEX in my credit repot anymore and I'm interested in opening an AMEX account again, but wondering if I apply again, will AMEX see what happened before and just deny me? Looking forward to your many insights. Thanks!


 

If you've caused AmEx a financial loss, the odds are stacked against you until you pay 100% of the debt.

 

AmEx most certainly does blacklist.  Though some make it back in, that is the exception rather than the rule.

IAALBNYL

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
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+