topic Re: Can you apply new AMEX after declined CLI in Credit Cards

Can you apply new AMEX after declined CLI

pat0812 — Wed, 28 Jan 2015 18:55:05 GMT

I have the gold charge card and the blue with $13,200
On that one I have $4000 balance and was denied a CLI because asked too high i guess
Can I still apply for a new additional card?
What are the chances of getting a new card if I have balances on another card?
My FICO is about 744 with Experian

Re: Can you apply new AMEX after declined CLI

lhcole77 — Wed, 28 Jan 2015 18:59:43 GMT

You can apply. Denials for "asking too high' don't really exist, from my experience, AMEX would have just counter offered. Chances are denial is for something else.

Conventional wisdom is that is you apply for new card and are denied it will only be a SP.

They may use that same SP on file that was used for CLI request in determining new account though.

Good luck!

Re: Can you apply new AMEX after declined CLI

Anonymous — Wed, 28 Jan 2015 18:59:50 GMT

@pat0812 wrote:
I have the gold charge card and the blue with $13,200
On that one I have $4000 balance and was denied a CLI because asked too high i guess
Can I still apply for a new additional card?
What are the chances of getting a new card if I have balances on another card?
My FICO is about 744 with Experian

My Everyday was approved with a $2,000 balance showing on my BSP. Can't hurt, right? If denied it'll likely be a SP.

Re: Can you apply new AMEX after declined CLI

pat0812 — Wed, 28 Jan 2015 19:48:50 GMT

If my CR is clean, never late payments, no negatives do I have a chance to get on their blacklist for asking CLI and new card ?

Re: Can you apply new AMEX after declined CLI

lhcole77 — Wed, 28 Jan 2015 19:58:33 GMT

@pat0812 wrote:
If my CR is clean, never late payments, no negatives do I have a chance to get on their blacklist for asking CLI and new card ?

Is this a serious question?

Re: Can you apply new AMEX after declined CLI

ojefferyo — Wed, 28 Jan 2015 21:31:05 GMT

@pat0812 wrote:
If my CR is clean, never late payments, no negatives do I have a chance to get on their blacklist for asking CLI and new card ?

I'm confused

Re: Can you apply new AMEX after declined CLI

kdm31091 — Wed, 28 Jan 2015 21:44:17 GMT

I'm a bit confused too, but no, there's no way you'd be on a blacklist because you asked for a CLI....

Re: Can you apply new AMEX after declined CLI

Anonymous — Wed, 28 Jan 2015 21:48:11 GMT

@pat0812 wrote:
If my CR is clean, never late payments, no negatives do I have a chance to get on their blacklist for asking CLI and new card ?

Um... no?

Re: Can you apply new AMEX after declined CLI

Anonymous — Thu, 29 Jan 2015 02:32:59 GMT

@pat0812 wrote:
If my CR is clean, never late payments, no negatives do I have a chance to get on their blacklist for asking CLI and new card ?

Amex isn't THAT evil man.

Re: Can you apply new AMEX after declined CLI

Anonymous — Thu, 29 Jan 2015 02:34:25 GMT

@Anonymous wrote:
@pat0812 wrote:
If my CR is clean, never late payments, no negatives do I have a chance to get on their blacklist for asking CLI and new card ?

Amex isn't THAT evil man.

Probably confusing lists. If you ask for a CLI and a new card within 60 days, you get put on the no-fly list. But Amex is still ok.

Re: Can you apply new AMEX after declined CLI

Anonymous — Thu, 29 Jan 2015 02:35:41 GMT

Amex has different requirements for CLI and new app. You will likely be approved for new app even though they declined your CLI.

Re: Can you apply new AMEX after declined CLI

SunriseEarth — Thu, 29 Jan 2015 09:23:54 GMT

@Anonymous wrote:
Amex has different requirements for CLI and new app. You will likely be approved for new app even though they declined your CLI.

Correct. Lenders are often more willing to spread their risk over multiple cards. Also, UW standards differ from product to product.

Re: Can you apply new AMEX after declined CLI

takeshi74 — Thu, 29 Jan 2015 14:46:11 GMT

@pat0812 wrote:
On that one I have $4000 balance and was denied a CLI because asked too high i guess

Don't guess. Look at the reason(s) for denial.

@pat0812 wrote:
What are the chances of getting a new card if I have balances on another card?

It's not just a matter of whether or not you have balances on other cards. One could get approved or denied with balances on other cards. One could approved or denied with no balances on other cards. All the standard factors matter:

http://www.myfico.com/crediteducation/whatsinyourscore.aspx

Even if we knew all the details of your credit we really couldn't give you approval odds. Again, review the reason(s) for denial on your CLI as they will indicate the concerns that AmEx has with your credit. Work on addressing those concerns.

That said, for existing members approvals are generally a hard pull and denials are generally a soft pull so it probably won't hurt to app and see.