Credit Cards Center Credit cards from our partners
Reply
Regular Contributor
Posts: 143
Registered: ‎05-18-2007
0

Re: AMEX Starwood

Congrats!!!  That is amazing!
Established Contributor
Posts: 687
Registered: ‎03-15-2007
0

Re: AMEX Starwood



Tuscani wrote:
Wow.. $15k? NICE!


Makes you want to apply too huh?
 
Staying away for now.
 
Cory
Established Contributor
Posts: 687
Registered: ‎03-15-2007
0

Re: AMEX Starwood

Are these cards charge cards?
Established Contributor
Posts: 560
Registered: ‎05-03-2007
0

Re: AMEX Starwood

why would amex give someone 1k cl on one card and then a 15k limit on the next unless something substantially changed on the credit reports/scores from the first application to the next? 
 
i can understand an individual qualifying for certain cards and not qualifying for others, even within the same company; but i thought credit limits were based more on your income and their determination of ability to pay....so, when an applicant says they make 85k a year, why would amex give him 1k limit on one card and 15k limit on the other? 
 
perhaps i am missing something here.
Super Contributor
Posts: 8,197
Registered: ‎03-25-2007
0

Re: AMEX Starwood

I am always willing to believe computer error   Smiley Very Happy
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Established Contributor
Posts: 560
Registered: ‎05-03-2007
0

Re: AMEX Starwood

i am feeling an error somewhere.  Smiley Wink
Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Re: AMEX Starwood



dog wrote:
why would amex give someone 1k cl on one card and then a 15k limit on the next unless something substantially changed on the credit reports/scores from the first application to the next?
i can understand an individual qualifying for certain cards and not qualifying for others, even within the same company; but i thought credit limits were based more on your income and their determination of ability to pay....so, when an applicant says they make 85k a year, why would amex give him 1k limit on one card and 15k limit on the other?
perhaps i am missing something here.





Computers don't make errors-people do.

As AMEX uses an internal scoring model- It is quite possible for an 1K unused limit to: 1. reduce someones UTL down
2. Show that person has never been late with AMEX
3. the new TL may not have shortened the credit length /avg age much

I am sure their are more possibilities and alot of other variables here.
Contributor
Posts: 210
Registered: ‎04-28-2007
0

Re: AMEX Starwood

Amex is a strange animal. Exact same scenario here. Denied for a CLI on my Delta, but they approved me for a $5K Hilton HHonors with no problem. I think 2 Amex's is enough, although I must admit it's awfully tempting. When I applied it was a toss up for either the Hilton or the Starwood. I'm not worried about the infamous FR. As long you have the W2's to back them up.
Valued Member
Posts: 41
Registered: ‎05-16-2007
0

Re: AMEX Starwood

I do not understand them as well, I was denied for the Hilton card which is ashame As i spend at least 90 nights a year at hilton hotels. I have no clue on their scoring model and why they would give you one card but not on another. the payment checks all go to American Express no matter what card you have. Like I said i did not get a decision right away like I did on the delta card for the 1K. I got the check back in 24 hours and when I did I was approved for 15K.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.