topic Re: App Spree - Oops in Credit Card Approvals

App Spree - Oops

Anonymous — Mon, 23 Apr 2018 01:03:07 GMT

Hey everyone! First time posting here, have been browsing through these forums for sometime though. Anyways I just started to rebuild my credit one year ago. I am 25 and never really cared about it until I needed to buy a new car!

I got a Discover IT secured card in Jan. 2017 right after my car purchase with a $500 SL, 6 months later it was un-secured, fastforward to now I just got a CLI to $1000. So I decided to apply for some more cards probably too many but oh well I got excited.

App spree:

Uber Visa - $500 SL - had to recon

QS1- $300 w/ credit steps

BankAmericard - $500

AMEX BCE - $500

Anyways, I was wondering if you all think I would be eligible for the 3X cli on the amex. I wasn't sure since it seems to me AMEX let me slide in by the skin of my teeth.

I received this email from AMEX shortly after getting approved:

You can earn a higher credit line on your new Blue Cash Everyday® from American Express. Simply follow the steps below for each of your first five statements:

Use your Card. You must have a balance due each month.
Pay at least the minimum due on time each month.

Kinda bummed about the low starting limits but am happy to have more accounts that I can let grow. Into the garden I go!

Re: App Spree - Oops

Anonymous — Mon, 23 Apr 2018 01:23:44 GMT

The $500 CL on the BCE is Amex's version of "credit steps" . You will not be eligible for the 3X CLI in 61 days; instead you will get a 2X CLI after 180 days.

@Anonymous wrote:
Hey everyone! First time posting here, have been browsing through these forums for sometime though. Anyways I just started to rebuild my credit one year ago. I am 25 and never really cared about it until I needed to buy a new car!

I got a Discover IT secured card in Jan. 2017 right after my car purchase with a $500 SL, 6 months later it was un-secured, fastforward to now I just got a CLI to $1000. So I decided to apply for some more cards probably too many but oh well I got excited.

App spree:
Uber Visa - $500 SL - had to recon
QS1- $300 w/ credit steps
BankAmericard - $500
AMEX BCE - $500

Anyways, I was wondering if you all think I would be eligible for the 3X cli on the amex. I wasn't sure since it seems to me AMEX let me slide in by the skin of my teeth.

I received this email from AMEX shortly after getting approved:
You can earn a higher credit line on your new Blue Cash Everyday® from American Express. Simply follow the steps below for each of your first five statements:

Use your Card. You must have a balance due each month.
Pay at least the minimum due on time each month.

Kinda bummed about the low starting limits but am happy to have more accounts that I can let grow. Into the garden I go!

Re: App Spree - Oops

Jnbmom — Mon, 23 Apr 2018 03:25:18 GMT

Congrats, it is a start in the right direction

@MaizeandBlue does this rule apply to the 1000 SL as well? I kinda think I barely got in as well.

Re: App Spree - Oops

Anonymous — Mon, 23 Apr 2018 03:43:04 GMT

Congratulations! Now its time to get unexcited. You barley got in on your spree. Enjoy the garden.

Re: App Spree - Oops

Anonymous — Mon, 23 Apr 2018 14:37:11 GMT

@Jnbmom wrote:
Congrats, it is a start in the right direction

@Anonymous does this rule apply to the 1000 SL as well? I kinda think I barely got in as well.

There have been a few people in the x3 thread that have got the 61 day increase. Overall does not seem that they do though. I am in same boat with my Gold Delta I got this month at 1,000 SL.

Re: App Spree - Oops

Anonymous — Mon, 23 Apr 2018 18:19:50 GMT

Whats your credit score and other data points?

Re: App Spree - Oops

Anonymous — Mon, 23 Apr 2018 18:28:49 GMT

If you were in Amex's "credit steps" you would have received an e-mail outlining the conditions you need to meet to recieve the 2X CLI after 180 days. So if you were not sent an e-mail you can't automatically assume that you're in "credit steps" even if your starting CL was $1,000.

Did you recieve a signup bonus offer when you were originally approved?

@Jnbmom wrote:
Congrats, it is a start in the right direction

@Anonymous does this rule apply to the 1000 SL as well? I kinda think I barely got in as well.

Re: App Spree - Oops

Anonymous — Mon, 23 Apr 2018 23:05:35 GMT

Scores before spree - EX: 681 TU: 701 EQ: 642

AAOA before spree: 1yr 2mo

I have a charge off from Verizon Wireless on all three CA for $1900

10 Medical collections on EQ

1 Medical collection on EX

0 Collections on TU

Started in November 2017 with DiscoverIT secured and a new car (joint). I am hoping to be able to get some of these collections removed from EQ as I have already disputed them and gotten them removed from TU and EX.