topic Re: AMEX Triple Pull! in Credit Cards

AMEX Triple Pull!

Anonymous — Tue, 25 Dec 2012 22:36:50 GMT

Yep! Hard inquiry on EXP, EQ, and TU. At least it was an approval.

Re: AMEX Triple Pull!

GoldenloveNY — Tue, 25 Dec 2012 22:52:46 GMT

Wow. They double pulled me when I applied for the Zync (EQ and TU). But congrats on the approval!

Re: AMEX Triple Pull!

LS2982 — Tue, 25 Dec 2012 23:50:53 GMT

What was you applying for feom AMEX?

Re: AMEX Triple Pull!

bichonmom — Tue, 25 Dec 2012 23:53:27 GMT

They do that when the app is borderline. At least the 3 HPs weren't for nothing. Which Amex did you get?

Re: AMEX Triple Pull!

kevinjjc — Wed, 26 Dec 2012 00:06:14 GMT

Sorry about the triple pull, but congrats on getting approved!

I noticed from your other thread (http://ficoforums.myfico.com/t5/Credit-Cards/My-BCP-and-Discover-IT-are-here/td-p/1766232) that you got the AmEx BCP ... What's your initial limit?

Re: AMEX Triple Pull!

Anonymous — Wed, 26 Dec 2012 01:20:24 GMT

I applied for AMEX BCP, they gave me $2000 CL ... My AAoA is 1.5 years, I guess thats what caused the triple pull.

They also overlooked my collection on EQ (5 years old $50)

Re: AMEX Triple Pull!

kevinjjc — Wed, 26 Dec 2012 01:38:13 GMT

Congrats again! Don't forget to set your calendar for the 61-day 3X CLI. I'm looking forward to you getting that 6k limit!!!

Have fun spending $1,000 within 3 months for the $150 signup bonus.

Re: AMEX Triple Pull!

LS2982 — Wed, 26 Dec 2012 01:57:34 GMT

Yea I would agree the borderline reports caused the triple pull.

Re: AMEX Triple Pull!

Duncanrr — Wed, 26 Dec 2012 02:06:54 GMT

Yup. I had triple pull when got zync and delta. Got the two cards on 3 pulls and got my CLI on delta last month. It's now a nice 6k CL.

Re: AMEX Triple Pull!

mustangy — Wed, 26 Dec 2012 06:52:46 GMT

congrats they hard pulled me on all 3 to. do they hard pull all 3 again for second card ? any one knows it ?

Re: AMEX Triple Pull!

OhioCPA — Wed, 26 Dec 2012 10:36:50 GMT

The normal scenario is a HP on EX if approved for the second card, so doubtful that it would be three pulls. I was declined on three pulls in May 2010 for the Delta card. The following month one pull only for approval on the Green card. The rest of my cards have come with one HP on EX.

Re: AMEX Triple Pull!

Anonymous — Wed, 26 Dec 2012 14:45:55 GMT

About the 3X CLI after 61 days, does anyone know if it's better to call or apply online? Or should I wait more than that? I mean they pulled my 3 reports, meaning theyre not comfortable with me, so I was wondering if I should stay under the radar for awhile?

Re: AMEX Triple Pull!

Anonymous — Wed, 26 Dec 2012 14:49:02 GMT

I should add that I am not in a hurry for that 3X CLI ... Chase gave me 5K, Discover 3K and BofA 2K ... I am a student so my credit is more than good enough right now.

Re: AMEX Triple Pull!

trumpet-205 — Wed, 26 Dec 2012 16:37:23 GMT

@mustangy wrote:
congrats they hard pulled me on all 3 to. do they hard pull all 3 again for second card ? any one knows it ?

If you still have borderline credit yes, another 3 HPs.

Re: AMEX Triple Pull!

Revelate — Wed, 26 Dec 2012 19:20:00 GMT

@OhioCPA wrote:
The normal scenario is a HP on EX if approved for the second card, so doubtful that it would be three pulls. I was declined on three pulls in May 2010 for the Delta card. The following month one pull only for approval on the Green card. The rest of my cards have come with one HP on EX.

Anecdotally I think any borderline application, including for current Amex cardholders, can result in multiple pulls.

I would agree that statistically and even more likely historically that this was the case, but with Amex's lowering their underwriting requirements, and some of us (me among others) getting more aggressive with our applications and taking some shots which we might be borderline on, Amex doing multiple pulls for applications is likely to be more common going forward.

Also we've seen where a second application resulted not only a HP on mulitple bureaus but also a denial. Amex isn't 100% SP denial, HP approval, there's that grey area for almost but not quite apps which appear to result in additional pulls.