Still going strong! Last month I requested a CLI on my Discover Miles card and they approved it! My initial limit was $3000 and I got it increased to $6000. It was a SP, and it's now my second highest CL. This month I'm going to close my Cap One "No Hassles" Rewards card, as my AF is due in July. Otherwise I'm in the garden until October when I will app for BCE.
Starting Score (07/2011): EQ 706 TU 709
@Anonymous wrote:
@Anonymous wrote:Everyone is working toward a BCE/P... I know I am apping a BCP next June!
There's another community member with a signature that says, "Until Amex gets rid of financial reviews, I'm not touching them with 30-foot long pole." Or something like that.
I have the same sentiment. lol I am just fine with my other prime cards. When Amex stops with the frequent FRs, I'll maybe apply, but I doubt that'll happen. For now, I am going to garden those 9 new accts. Everyone told me to garden for at least 14 months or more in order to reduce the risk of AA for opening so many new accts at the same time. So, I guess I am not doing anything, no apping, no requests for CLIs and whatever until May 2014. Yes, I am just going to garden for two years. My app addiction and credit obsession is starting to die down anyways, so I think I'll be ok. I got an offer in the mail for an Amex card with Union Bank, and I tore it up right away.
I can't prove this; however, nearly everyone who has posted they're getting FR'd, is a little out on the edge for even this forum population... and the rest of us are NOWHERE close to the middle of the bell curve in our credit behaviors. You certainly can't judge Amex as a whole based on their behavior towards statistical outliers, which admittedly the vast majority of us are so that may actually be fair in our cases.
It wouldn't surprise me to find out that the number of adverse actions taken by BOFA / Chase / et al. are pretty much 1:1 for Amex FR's, and yet in either of BOFA / Chase's case, they'd simply just close the account with no chance to justify yourself at all.
Just because you wouldn't commit fraud, and as a result can be legitimately indignant over the whole FR issue, doesn't mean nobody else would either: one doesn't have to look beyond the mortgage fraud during the bubble years to understand that it does happen on a consistent basis. FR's serve a legitimate purpose, and if you're on the up and up (i.e. what you stated on your application actually meet the financial realities of your life) they're nothing to be worried about.
Today marks my longest stay in the garden so far!!!
79 days!!!!
(And I have a slight itch for that darn AMEX Delta!!!)
@LS2982 wrote:Today marks my longest stay in the garden so far!!!
79 days!!!!
(And I have a slight itch for that darn AMEX Delta!!!)
Congrats LS! 
Just think that when you apply for that Delta next year how much higher your score will be, and how high a limit you may get!
