Hey everyone!
Like many others, I roam the boards continuously and read up on peoples situations with the CC companies. One situation that hasn't received too much attention is with AMEX.
After finally pulling the trigger in August of last year for the AMEX Zync, I was approved with a counter offer, I took the $500 limit with auto-pay. Two days ago, I pulled the trigger with AMEX again for the BCP and got the dreaded wait notice (I applied over the phone with a rep). I got notification last evening that I was declined. I went to view the reason why and it stated that since I had the AMEX Zync card with a spending limit, I can't get any other AMEX products. I spoke with a customer service rep and she said that the Zync isn't the reason and gave me the number to the AMEX credit bureau and asked me to speak to them on Monday.
I figured I will try the exec office instead. Anyone had this problem before and was able to rectify it? Earlier in the month, I did apply for the Chase Amazon and was approved after recon. Got a sweet limit of 1.5K but it isn't my first Chase CC. I have a 4.5K Freedom. I can shed more light if needed.
Thanks for any tips!
Current Score: 660 EQ 651 TU 677 EX (via CreditInform)
I did read post on here that AMEX Zync card members with a hard limit have this same problem. If I were you I would apply for another charge card and go that route first and build the relationship from there. The good thing is that AMEX shouldnt have pulled your credit for the BCP. But all cases are different so YMMV.
+1 with emphasis on ymmv
From what I have heard, you will not be approved if you have a ZYNC with hard limit. You have to close it first.
Having a ZYNC with NPSL is another picture. Your chances are much better. I was approved for BCE with having a ZYNC NPSL.
So wait, I can apply for another charge card while I have the hard limit on the zync card?
Nope, I have the NPSL ZYNC. If you have one with hard limit, you most certainly need to cancel it first.
i have a hard limit on mine.
i jokingly applied for a bce on new years.
letter said i had a 721 score but i have other factors that got me denied.
no mention of the zync but i had a pretty long list lol. (no bks or any lates/collections)
@creditnocash wrote:i have a hard limit on mine.
i jokingly applied for a bce on new years.
letter said i had a 721 score but i have other factors that got me denied.
no mention of the zync but i had a pretty long list lol. (no bks or any lates/collections)
Interesting. Still I think the internal score with Amexco will take a hit with the hard limit. It is hard to spent a lot of money with having the hard limit. But good luck next time.
@shakalaka wrote:
@creditnocash wrote:i have a hard limit on mine.
i jokingly applied for a bce on new years.
letter said i had a 721 score but i have other factors that got me denied.
no mention of the zync but i had a pretty long list lol. (no bks or any lates/collections)
Interesting. Still I think the internal score with Amexco will take a hit with the hard limit. It is hard to spent a lot of money with having the hard limit. But good luck next time.
is there a place where you can find your internal risk score?
im assuming the credit secure is an internal?
last pull i did on the 15th was 725 across all three reports.
my aaoa was only 8 months so that was one of the factors. oldest account 2.3 years (10 ccs reporting)