topic Re: American Express never forget in Credit Card Applications

American Express never forget

Saleen099 — Sun, 08 Oct 2023 12:34:59 GMT

Good morning, my friends

. I was hoping you could look at this photo because I'm still wondering how my friend got approved back in April for the platinum card. Ever since then, everything he has been denied automatically: no credit pull no soft inquiry, and that is currently in process, the gold card was denied right after he submitted the application so he called up to have them reconsider it, and we know how that's gonna go.

It seems that they're still holding the bankruptcy back in 2001 22 years ago over his head. How is that still possible it makes no sense to me.

Re: American Express never forget

NoMoreE46 — Sun, 08 Oct 2023 13:14:39 GMT

I don't know but the AF cards are easier to get at times and the friend of yours has applied 12 times so far this year.

Re: American Express never forget

Saleen099 — Sun, 08 Oct 2023 13:19:24 GMT

@NoMoreE46 wrote:
I don't know but the AF cards are easier to get at times and the friend of yours has applied 12 times so far this year.

Maybe that's one of the issues but it still doesn't make any sense business or personal. It's automatically getting declined.

Re: American Express never forget

SouthJamaica — Sun, 08 Oct 2023 17:12:23 GMT

@Saleen099 wrote:
Good morning, my friends
. I was hoping you could look at this photo because I'm still wondering how my friend got approved back in April for the platinum card. Ever since then, everything he has been denied automatically: no credit pull no soft inquiry, and that is currently in process, the gold card was denied right after he submitted the application so he called up to have them reconsider it, and we know how that's gonna go.

It seems that they're still holding the bankruptcy back in 2001 22 years ago over his head. How is that still possible it makes no sense to me.

IMHO your friend should stop already.

They probably have a lower bar for the platinum, since it gets them a $700 annual fee.

Re: American Express never forget

Saleen099 — Sun, 08 Oct 2023 17:14:53 GMT

@SouthJamaica wrote:
@Saleen099 wrote:
Good morning, my friends
. I was hoping you could look at this photo because I'm still wondering how my friend got approved back in April for the platinum card. Ever since then, everything he has been denied automatically: no credit pull no soft inquiry, and that is currently in process, the gold card was denied right after he submitted the application so he called up to have them reconsider it, and we know how that's gonna go.

It seems that they're still holding the bankruptcy back in 2001 22 years ago over his head. How is that still possible? It makes no sense to me.

IMHO your friend should stop already.

They probably have a lower bar for the platinum, since it gets them a $700 annual fee.

That's why I told him to stop applying. They're just not gonna let him have another card, no matter what.

Re: American Express never forget

SouthJamaica — Sun, 08 Oct 2023 17:16:19 GMT

.....
IMHO your friend should stop already.

They probably have a lower bar for the platinum, since it gets them a $700 annual fee.
That's why I told him to stop applying. They're just not gonna let him have another card, no matter what.

I don't know if I'd go that far, but I'd certainly give it a rest.

Re: American Express never forget

Saleen099 — Sun, 08 Oct 2023 17:31:35 GMT

@SouthJamaica wrote:
.....
IMHO, your friend should stop already.

They probably have a lower bar for the platinum, since it gets them a $700 annual fee.
That's why I told him to stop applying. They're just not gonna let him have another card, no matter what.
I don't know if I'd go that far, but I'd certainly give it a rest.

You are 100% right give it a rest and that's what I told him don't apply for anything else but what amazes me is how some people on here get off Amex's blacklist and six months later they got three or four Amex cards with decent credit limits. but no matter what it still amazes me how American Express still quotes previous accounts, closed as a decision for denial. 🤦‍♂️

Re: American Express never forget

mau471 — Sun, 08 Oct 2023 20:38:15 GMT

@Saleen099 wrote:
You are 100% right give it a rest and that's what I told him don't apply for anything else but what amazes me is how some people on here get off Amex's blacklist and six months later they got three or four Amex cards with decent credit limits. but no matter what it still amazes me how American Express still quotes previous accounts, closed as a decision for denial. 🤦‍♂️

Generally speaking its well known they have a really long memory and the only way most people get back in is if the amount was fairly minimal and a number of years have passed (I see < $10k mentioned a lot but I don't think anyone knows for sure) or amex gets paid in full. I would say the platinum approval is certainly an outlier here and isn't as much "off the blacklist" as "slipped through the cracks" as tends to happen from time to time.

Re: American Express never forget

Saleen099 — Sun, 08 Oct 2023 20:55:17 GMT

@mau471 wrote:
@Saleen099 wrote:
You are 100% right give it a rest and that's what I told him don't apply for anything else but what amazes me is how some people on here get off Amex's blacklist and six months later they got three or four Amex cards with decent credit limits. but no matter what it still amazes me how American Express still quotes previous accounts, closed as a decision for denial. 🤦‍♂️
Generally speaking its well known they have a really long memory and the only way most people get back in is if the amount was fairly minimal and a number of years have passed (I see < $10k mentioned a lot but I don't think anyone knows for sure) or amex gets paid in full. I would say the platinum approval is certainly an outlier here and isn't as much "off the blacklist" as "slipped through the cracks" as tends to happen from time to time.

I explained to him today that this would probably be his only American Express credit card so he better enjoy it.

Re: American Express never forget

Shooting-For-800 — Tue, 10 Oct 2023 02:56:47 GMT

I would not be surprised if the impose a low limit on the plat based on that credit seeking behavior.

Re: American Express never forget

Saleen099 — Tue, 10 Oct 2023 11:43:00 GMT

I warned him and like I said up above, this will be his only and final American Express card that he will ever get so he better enjoy it.

Re: American Express never forget

911gt34life — Tue, 10 Oct 2023 12:19:12 GMT

i will test this later since i got co with them never paid

Re: American Express never forget

Saleen099 — Tue, 10 Oct 2023 12:40:36 GMT

@911gt34life wrote:
i will test this later since i got co with them never paid

😂😂😂

Re: American Express never forget

kekrre — Thu, 12 Oct 2023 21:58:25 GMT

@Saleen099 wrote:
I warned him and like I said up above, this will be his only and final American Express card that he will ever get so he better enjoy it.

1. I don't see the Platinum approval as an abberation, but as Amex testing the waters. Amex is really big on 1-year marks. If your friend can avoid making 35 more applications between now and May 2024, there's a chance Amex might be more open.

2. Historically, if you are an Amex cardholder and you see "<Name>, you are pre-approved!" when you to go apply for an Amex card, there's a good chance you'll be approved. If you see "Applying to expand your cardmembership is easy", don't apply. At least, this has been historical advice for myFICO. Anecdotally, I've only applied for Amex cards when seeing "you are pre-approved" and I've never been declined, but I did see the message switch to "applying to expand your cardmembership" for 6 months when I accidentally had a payment returned. This is in agreement with other reports on myFICO that Amex will hold a returned payment against you for at least 6 months (note: they will likely close your friend's card if they bounce a payment, since their relationship is clearly on thin ice).

Re: American Express never forget

RehabbingANDBlabbing — Wed, 03 Jan 2024 09:00:11 GMT

@kekrre wrote:
@Saleen099 wrote:
I warned him and like I said up above, this will be his only and final American Express card that he will ever get so he better enjoy it.
1. I don't see the Platinum approval as an abberation, but as Amex testing the waters. Amex is really big on 1-year marks. If your friend can avoid making 35 more applications between now and May 2024, there's a chance Amex might be more open.

2. Historically, if you are an Amex cardholder and you see "<Name>, you are pre-approved!" when you to go apply for an Amex card, there's a good chance you'll be approved. If you see "Applying to expand your cardmembership is easy", don't apply. At least, this has been historical advice for myFICO. Anecdotally, I've only applied for Amex cards when seeing "you are pre-approved" and I've never been declined, but I did see the message switch to "applying to expand your cardmembership" for 6 months when I accidentally had a payment returned. This is in agreement with other reports on myFICO that Amex will hold a returned payment against you for at least 6 months (note: they will likely close your friend's card if they bounce a payment, since their relationship is clearly on thin ice).

I agree with this. I have never burned them, but AmEx has always been very cautious with me. They were slow with CLIs and additional approvals, but after a year or so using and paying the card correctly, they opened up slowly. However, they still don't like my lower credit score. I still get denied for new cards and CLIs, which is because I have high utilization on some other cards right now. They have been good though. They just need time, experience, and a score above 700 with no delinquencies on your credit report, IMHO.

Re: American Express never forget

OCONUS — Wed, 03 Jan 2024 12:04:54 GMT

@kekrre wrote:
@Saleen099 wrote:
I warned him and like I said up above, this will be his only and final American Express card that he will ever get so he better enjoy it.
1. I don't see the Platinum approval as an abberation, but as Amex testing the waters. Amex is really big on 1-year marks. If your friend can avoid making 35 more applications between now and May 2024, there's a chance Amex might be more open.

2. Historically, if you are an Amex cardholder and you see "<Name>, you are pre-approved!" when you to go apply for an Amex card, there's a good chance you'll be approved. If you see "Applying to expand your cardmembership is easy", don't apply. At least, this has been historical advice for myFICO. Anecdotally, I've only applied for Amex cards when seeing "you are pre-approved" and I've never been declined, but I did see the message switch to "applying to expand your cardmembership" for 6 months when I accidentally had a payment returned. This is in agreement with other reports on myFICO that Amex will hold a returned payment against you for at least 6 months (note: they will likely close your friend's card if they bounce a payment, since their relationship is clearly on thin ice).

On their risk management, I would concur @kekrre. I believe Amex takes its time to make sure you have changed since the last time.

I have burned Amex for 12K. At 6.5 years mark, they let me in through an Amex Plat. I then applied for an Amex BCP and it was turned down citing an old FICO score (689). When I tried to Rec it stating that my FICO scores are 710, not the 689 they had cited, Amex came back with a reason that they would like to see a bit more time. (I was 4/3 including the Amex Plat).

Pardon me for not recalling correctly if it was @K-in-Boston or someone else, but I recall the conversation where they had mentioned that with Amex, things get better when FICO moves past 720 range. I am waiting on my EX to hit 740 and 6 months mark to try again for the BCP.

Re: American Express never forget

Brian_Earl_Spilner — Wed, 03 Jan 2024 13:07:10 GMT

Amex, like Chase, never forgets. I burned them for 11k on a gold in 99. I initially got back in with the Delta gold in 18. They didn't approve me for another card until 20 when I got a delta platinum and gold. I asked them to add the gold to my account before I received it so I could use it and pay on it. Tried twice. Both times they added my charged off gold from 99. So it's not surprising to me that they're referencing an older incident.

Re: American Express never forget

ShreksBFF — Thu, 04 Jan 2024 01:25:25 GMT

His attempts kind of look like mine, Amex doesn't like my 4yr old auto charge off

I was approved for personal platinum and no other personal cards, with 5k POT

Business applications seem to have no issue though, I was approved for Biz Gold (150k SUB) with 20k POT and then Biz Delta Reserve (110k SUB) @ 4k same day

Was recently able to get Biz Plat as well to grab the 170k offer

I tried for the Brilliant 4x, BCP, and personal Gold - all denied

Re: American Express never forget

youngandcreditwrthy — Thu, 04 Jan 2024 18:39:26 GMT

i know it's fun to apply but he better stop before they cancel the Plat.

most people don't realize it but there is inherently less risk with a pure Charge Card the requires PIF.

and anecdotally I've seen people with 600 FICOs get approved for the Plat. Amex makes a killing off that card because so many people regard it as something so prestigious and many card companies try to copy it. Personally, I think it's overblown and not as rewarding in terms of cash back as many people think.

sure, if you can get a 100k or 120k bonus after a few thousand in spend, it's a good idea for year maybe or two, and the airport lounge ccess is great, but I like revolvers with higher cashback.

please tell your friend to stop or they gonna cancel his Plat. lol

Re: American Express never forget

Zoostation1 — Fri, 05 Jan 2024 02:19:15 GMT

@kekrreMy BCP will be a year old in a little over 2wks and I'm seeing a different message all together than the ones you're referencing on cards. I'm getting a "You may qualify to open the American Express Gold card". I was seeing the that applying to expand your card membership is easy, but it changed to this instead. Still not seeing any preapprovals in my offers for cards and I'm not planning to open anything else with Amex anytime soon. I've started getting that you're preapproved message for a personal loan popping up regularly thouguh (despitei having no use for it) so maybe they're getting a bit less skiddish. FWIW the changes in languge and the loan prepapproval started showing up after the first time I let a statement balance report and PIF shortly after. Prior to that I had always PIF this card before the statement cut. Now that I no longer do AZEO and am AZE2 I'm letting this card report a statement balance for a number of months in hopes of helping my chances of getting a CLI when I try again in a couple months (still unlikley due to my BK7).