topic Re: Amex Hilton Honors Approval in Credit Card Approvals

Amex Hilton Honors Approval

Anonymous — Mon, 29 Jun 2020 22:17:02 GMT

So Amex seems to refuse me everytime on my CLI requests. So since I just canceled my credit one card, decided I needed something to replace that tiny CL, BoA has been stingy on CLI since covid19 and discover is being just as stingy. So....

Check my pre-approvals on Amex and Hilton is of course a go ahead. I apply and go through the steps of seeing the card info. Approved for $20,000. My highest CL by 3x.

Guess I'll just move over the majority of that to my BCP 😂

Re: Amex Hilton Honors Approval

M_Smart007 — Mon, 29 Jun 2020 22:19:14 GMT

Re: Amex Hilton Honors Approval

AllZero — Mon, 29 Jun 2020 22:55:10 GMT

Congratulations on your approval!

Re: Amex Hilton Honors Approval

gdale6 — Mon, 29 Jun 2020 23:27:36 GMT

Grats on the HH approval

Re: Amex Hilton Honors Approval

Anonymous — Tue, 30 Jun 2020 01:08:07 GMT

BOOM! Congrats!

Re: Amex Hilton Honors Approval

CreditAggie — Tue, 30 Jun 2020 04:11:12 GMT

Congratulations on your Amex Hilton Honors approval and awesome SL!

Re: Amex Hilton Honors Approval

mrcraft — Tue, 30 Jun 2020 05:27:15 GMT

Congratulations on your approval!!

Re: Amex Hilton Honors Approval

Anonymous — Tue, 30 Jun 2020 10:37:16 GMT

@Anonymous Super Congrats on your Amex Hilton Honors approval!!!

Re: Amex Hilton Honors Approval

TSlop — Tue, 30 Jun 2020 14:06:00 GMT

Congrats! They started me at an even $20k as well. I don't think I'm ever going to request a CLI.

Re: Amex Hilton Honors Approval

nuohlac — Tue, 30 Jun 2020 15:00:12 GMT

Congratulations on your approval!!! Am I the only one who hates AMEX Cash back products with a passion and feel they are an absolute scam? Rarely do I cancel a CC but after 8 months that one had to go.

Re: Amex Hilton Honors Approval

TSlop — Tue, 30 Jun 2020 16:53:55 GMT

@nuohlac wrote:
Congratulations on your approval!!! Am I the only one who hates AMEX Cash back products with a passion and feel they are an absolute scam? Rarely do I cancel a CC but after 8 months that one had to go.

My HH is the only Amex card I have. I am interested as to why you think the cash back products they offer are a scam, though. Would you mind elaborating?

Re: Amex Hilton Honors Approval

nuohlac — Tue, 30 Jun 2020 20:20:34 GMT

@TSlop wrote:
@nuohlac wrote:
Congratulations on your approval!!! Am I the only one who hates AMEX Cash back products with a passion and feel they are an absolute scam? Rarely do I cancel a CC but after 8 months that one had to go.
My HH is the only Amex card I have. I am interested as to why you think the cash back products they offer are a scam, though. Would you mind elaborating?

I feel AMEX overly controls the Cash Back aspect of things for a few reasons. The reasons really limit the main reason people enjoy cash back CC's:

1. You cannot actually redeem the cash back you have earned for actual cash back. The cash stays in AMEX's pot 100% because AMEX is a closed circuit payment network. They are the bank and payment network. Unlike Chase who allow you to reclaim your earned cash back as cash with no penalty.

2. If you want to apply cash back to your payment you must make a $25 out of pocket payment before your earned cash back will be credited. AMEX has now added $25 to their pot just so you can earn the right to apply your cash back to your payment.

I just feel that lack of flexibility to a customer is very unfair.

Re: Amex Hilton Honors Approval

MyFault — Tue, 30 Jun 2020 20:44:42 GMT

Congrats!