topic Re: Calling all the Amex pros!! in Credit Card Applications

Calling all the Amex pros!!

Doodlebug30 — Thu, 28 Oct 2021 10:00:02 GMT

Quick question... Next week ill hit 181 days on my BCP and i fully intend to apply for my 3x CLI. But, im also looking to maybe apply for the cash magnet too. Will a new application/approval have any effect on my CLI on my BCP next week? Will i still be able to ask since Im hitting the 181 days?

Re: Calling all the Amex pros!!

coldfusion — Thu, 28 Oct 2021 16:42:07 GMT

You can ask, just keep in mind that there is going to be a maxinum amount in aggregate of unsecured credit that AMEX is going to be willing to extend to you . Odds are high that the outcome of the 1st request will impact the outcome of the 2nd request.

Also note that you can only have 1 successful AMEX CLI request every 181 days regardless of the number of their CC you have. If you are successful in both your CLI request and card app the 61 day 3x CLI process on the new card won't be successful.

Re: Calling all the Amex pros!!

Doodlebug30 — Thu, 28 Oct 2021 16:44:37 GMT

Thank you @ cold fusion

Re: Calling all the Amex pros!!

Sub16610 — Fri, 29 Oct 2021 02:23:20 GMT

@Doodlebug30

The BCP and CM are in the same "family" (cash back) of cards so you'll be denied the CM. I was approved for the CM on 6/30 and applied for the BCP a few months later and was denied. My app for BCP was voided and reason given was same "family" of cards.

Re: Calling all the Amex pros!!

YungGouda — Fri, 29 Oct 2021 02:44:53 GMT

@Sub16610 wrote:
@Doodlebug30
The BCP and CM are in the same "family" (cash back) of cards so you'll be denied the CM. I was approved for the CM on 6/30 and applied for the BCP a few months later and was denied. My app for BCP was voided and reason given was same "family" of cards.

OP, one way you could get around this: if you have a Charles Schwab account, you could apply for the CS Investor Card, as it has no annual fee and still earns the 1.5% CB (when redeeming into the CS brokerage account). I have both the CS Investor and BCP.

Re: Calling all the Amex pros!!

difringe — Fri, 29 Oct 2021 02:49:35 GMT

@Sub16610 wrote:
@Doodlebug30
The BCP and CM are in the same "family" (cash back) of cards so you'll be denied the CM. I was approved for the CM on 6/30 and applied for the BCP a few months later and was denied. My app for BCP was voided and reason given was same "family" of cards.

that's so weird, why not name it blue cash magnet or something to make that point obvious. amex is so weird lol

Re: Calling all the Amex pros!!

Anonymous — Fri, 29 Oct 2021 03:17:11 GMT

I have the blue cash everyday, I had it for 1 year and was denied CLI, I had only got the small 1k limit. Recently I started to get offers for gold and platinum cards(I in no way need those) but I got the "you are pre-approved" for cash magnet. I applied and got a 2k limit, I then tried a CLI on the blue cash everyday and they doubled my limit....

I'm working on my becoming an Amex guy, though at my heart I'll be a cap1 and discover guy.

Re: Calling all the Amex pros!!

FinStar — Fri, 29 Oct 2021 21:37:06 GMT

@Sub16610 wrote:
@Doodlebug30
The BCP and CM are in the same "family" (cash back) of cards so you'll be denied the CM. I was approved for the CM on 6/30 and applied for the BCP a few months later and was denied. My app for BCP was voided and reason given was same "family" of cards.

@Sub16610 -- this is not necessarily the case for every profile. We've seen folks get approved for both while having one or the other -- profile-dependent. I've had both with no issue and I never received the "family" of cards message. Now, there could be restrictions as far as the SUB goes if AmEx somehow deems any of the applications ineligible for it.

Re: Calling all the Amex pros!!

Doodlebug30 — Wed, 03 Nov 2021 15:37:02 GMT

Amex said I can be approved for the card (in the same family) but I won't get the welcome bonus/intro APR. Stupid. Lol

Re: Calling all the Amex pros!!

Sub16610 — Wed, 03 Nov 2021 16:25:30 GMT

@Doodlebug30 wrote:
Amex said I can be approved for the card (in the same family) but I won't get the welcome bonus/intro APR. Stupid. Lol

Just as @FinStar said it must be profile specific. So, @Doodlebug30 , did you get the CM?

Re: Calling all the Amex pros!!

Doodlebug30 — Wed, 03 Nov 2021 16:31:13 GMT

@Sub16610 , I chose not to apply for it right now. I really wanted the year of 0 interest! Lol I'm buying lots of furniture right now for a move & could have benefitted from both the bonus & 0 interest.