topic Re: Amex cancelled application in Credit Cards

Amex cancelled application

cheychey99 — Tue, 09 Apr 2013 18:31:39 GMT

I recently applied for an Amex Gold Delta and a Green card on the same day. I was denied for the Delta and received a letter that Amex cancelled my application for the Green card. Does that mean they didn't do a HP for both or did they?

Re: Amex cancelled application

vish1 — Tue, 09 Apr 2013 18:39:06 GMT

@cheychey99 wrote:
I recently applied for an Amex Gold Delta and a Green card on the same day. I was denied for the Delta and received a letter that Amex cancelled my application for the Green card. Does that mean they didn't do a HP for both or did they?

If they pulled same CB, the inquiry will get combined into 1.

Re: Amex cancelled application

09Lexie — Tue, 09 Apr 2013 18:47:29 GMT

Amex did a Hp on the first. Are you sure you are ready for Amex - assuming the scores in your siggy are correct?

Re: Amex cancelled application

cheychey99 — Tue, 09 Apr 2013 18:57:56 GMT

Yep, I'm ready but my scores certainly do not reflect that. I was recently approved for a Discover IT, Citi card and a card through my local CU and received a CLI from my BofA. Amex doesn't think I'm ready but only I know what's really up. I just wanted so badly to get in the door. From what I've seen of you 09Lexie, on other posts, I know I can count on you to ask a question like that. Thanks, I need to be kept on my toes And yes my scores are pretty close to the ones in my siggy now.

Re: Amex cancelled application

cheychey99 — Tue, 09 Apr 2013 18:59:57 GMT

I'm working very hard to repair my credit and I've paid all my credit cards in full. Now it's time to just manage them responsibly and start tending to my garden.

Re: Amex cancelled application

09Lexie — Tue, 09 Apr 2013 19:01:21 GMT

Are you new to credit or rebuilding? If these are your current scores, either you took a hit from the multiple inq's or there might be some baddies on your profile. Something that Anex didn't like...

Re: Amex cancelled application

cheychey99 — Tue, 09 Apr 2013 19:31:39 GMT

I'm new to rebuilding. When I applied for the discover my EQ was 667. Still bad but better than these more recent scores. I do have quite a bit of inquiries on my EX and TU. I do also have some baddies currently in dispute

Re: Amex cancelled application

09Lexie — Tue, 09 Apr 2013 19:34:38 GMT

Your scores have slipped for obvious reasons ( new accits, inq's) - coupled with the baddies Amex is in your future but not until you garden and take care of those baddies.

Be patient- it will come.

Re: Amex cancelled application

sarkell — Tue, 09 Apr 2013 19:37:55 GMT

Also my eq was 667 for discover but my exp 50 points lower for some reason my exp is quite lower than other scores. I'd suggest waiting 6 months then trying again for green card.

Re: Amex cancelled application

rlx01 — Tue, 09 Apr 2013 20:36:28 GMT

IMHO, you should have applied for the Green first, then the Gold Delta if Green was approved.

Re: Amex cancelled application

webhopper — Tue, 09 Apr 2013 21:29:15 GMT

@rlx01 wrote:
IMHO, you should have applied for the Green first, then the Gold Delta if Green was approved.

Hi,

If your first application was denied, then you must wait 30 days before reapplying for any Amex card. For example, if you app for Gold tomorrow, the application will be cancelled because 30 days have not passed.

Re: Amex cancelled application

Repo-ed — Tue, 09 Apr 2013 22:15:51 GMT

Where are you getting your scores from?

Re: Amex cancelled application

rlx01 — Thu, 11 Apr 2013 02:07:51 GMT

@webhopper wrote:
@rlx01 wrote:
IMHO, you should have applied for the Green first, then the Gold Delta if Green was approved.
Hi,

If your first application was denied, then you must wait 30 days before reapplying for any Amex card. For example, if you app for Gold tomorrow, the application will be cancelled because 30 days have not passed.

I'm aware of that. But it's generally easier to get approved for a charge card (i.e., unlikely to get approved for a revolver if they wouldn't approve you for a charge). Then he could have (if accepted for green) app'ed straight away for the Delta for 1HP/2cards or SP for a denial.

Re: Amex cancelled application

improvingmycredit — Thu, 11 Apr 2013 02:15:37 GMT

+1 @ Webhopper!
You can apply for as many Amex cards as you want till you are denied. (Don't recommend this) once you receive a denial, all subsequent apps are kicked out and no apps allowed for 30 days. This is the reason many recommend apping the charge product first then the revolver. The charge cards have lower underwriting requirements for approval and higher likelihood of approval over the revolver. Hope this helps.