topic Re: Ameriprise Amex Platinum in Credit Cards

Ameriprise Amex Platinum

ezdoesit — Mon, 04 Aug 2014 22:40:25 GMT

Just last week you were able to apply for the Ameriprise Platinum without an Ameriprise account. It looks like they have changed the wording on the Ameriprise site. I just went onto the site because I cancelled my PRG so I was thinking about apply for the card.

It says it right on the main page a special offer for Ameriprise Clients. Even further down it says this

Your ability to have this Card product is contingent on a relationship between you and Ameriprise Financial, Inc. If no relationship exists, or if your relationship with Ameriprise Financial ends, American Express has the right to cancel your Card account or transfer your account to another American Express Card product that will have different features and benefits.

This change really puts a damper on my plan to get this card. I hope that it doesn't affect those on here that recently got the card.

Re: Ameriprise Amex Platinum

heyarrnold — Mon, 04 Aug 2014 22:55:38 GMT

The wording has always been there.

Re: Ameriprise Amex Platinum

Membersince2013 — Mon, 04 Aug 2014 23:24:46 GMT

Yup... Wording has always been there. I applied anyway. I like that free membership for the first year, but I'm probably not gonna get it because I just got approved for a PRG about 3 weeks ago

Re: Ameriprise Amex Platinum

ezdoesit — Mon, 04 Aug 2014 23:52:07 GMT

The wording has always been there? How stupid of me I never noticed it before. Thanks I feel better now

Re: Ameriprise Amex Platinum

heyarrnold — Tue, 05 Aug 2014 00:00:08 GMT

@ezdoesit wrote:
The wording has always been there? How stupid of me I never noticed it before. Thanks I feel better now

No worries. It's always better to ask

Re: Ameriprise Amex Platinum

NegotiatorRogerSmith — Wed, 06 Aug 2014 00:59:39 GMT

Crazy timing... just app'd for the same card, and for the first time got the dreaded pending decision page *palmface*

First thought that came to mind is that they're going to verify if I have an Ameriprise account, which I don't...

Nervous now... thought I was a shoe-in... I'd hate to get a decline and have a dead weight inquiry on Experian

Well, I'll just have to keep my finger crossed in the meantime. Not liking this one bit.

Re: Ameriprise Amex Platinum

ezdoesit — Wed, 06 Aug 2014 01:18:25 GMT

@NegotiatorRogerSmith wrote:
Crazy timing... just app'd for the same card, and for the first time got the dreaded pending decision page *palmface*

First thought that came to mind is that they're going to verify if I have an Ameriprise account, which I don't...

Nervous now... thought I was a shoe-in... I'd hate to get a decline and have a dead weight inquiry on Experian

Well, I'll just have to keep my finger crossed in the meantime. Not liking this one bit.

GL. Let us know what happens. Do you have another Amex? You can check the website or app status. Or you can call to see if there is any info tey need to verify.

Re: Ameriprise Amex Platinum

NegotiatorRogerSmith — Wed, 06 Aug 2014 01:26:26 GMT

@ezdoesit wrote:
@NegotiatorRogerSmith wrote:
Crazy timing... just app'd for the same card, and for the first time got the dreaded pending decision page *palmface*

First thought that came to mind is that they're going to verify if I have an Ameriprise account, which I don't...

Nervous now... thought I was a shoe-in... I'd hate to get a decline and have a dead weight inquiry on Experian

Well, I'll just have to keep my finger crossed in the meantime. Not liking this one bit.
GL. Let us know what happens. Do you have another Amex? You can check the website or app status. Or you can call to see if there is any info tey need to verify.

Yes, have a BCP (in sig, 15.2% of income) that was opened last Oct (my first Amex)... Checked online, same message... called and told the same and to wait, no add info required. I'd rather they asked for something, lolz. "Just wait" doesn't sit well... my imagination's too vivid to let stew

Will keep y'guys posted

Re: Ameriprise Amex Platinum

Membersince2013 — Wed, 06 Aug 2014 17:41:45 GMT

I got declined... Reason wasn't because I wasn't an Ameriprise member either. I'm gonna recon a couple of times and see how it goes.

Re: Ameriprise Amex Platinum

09Lexie — Wed, 06 Aug 2014 17:51:41 GMT

@Membersince2013 wrote:
I got declined... Reason wasn't because I wasn't an Ameriprise member either. I'm gonna recon a couple of times and see how it goes.

Sorry to hear about your denial. Were there errors on your credit report?

Re: Ameriprise Amex Platinum

NegotiatorRogerSmith — Wed, 06 Aug 2014 18:19:44 GMT

@Membersince2013 wrote:
I got declined... Reason wasn't because I wasn't an Ameriprise member either. I'm gonna recon a couple of times and see how it goes.

Sorry to hear it...

When did you apply? I was under the impression you had already applied from your previous message.

Was it an instant decline online, or did you get a pending decision?

Also, if it's not salting the wound when the time comes, please share your risk factor statement from AMEX with us upon receipt. It would be interesting to see the (often vague) reason(s) creditors list for their decision, then have underwriting clarify it, which they should.

As long as you can sufficiently back up why you applied in the first place, fight it--politely, but sternly--to the bitter end. You have nothing to lose at that point... at least that's how I handle it.

I'll be rooting for ya!

Re: Ameriprise Amex Platinum

Membersince2013 — Wed, 06 Aug 2014 21:19:02 GMT

The guy I spoke with said I had too many inq (12) and my length of accounts with Amex hasn't been long. Mind you, I opened my first Amex account last year and I now have 5 accounts with them. 4 revolvers and 1 charge card, never hard I problem with any of my accounts. I always pay on time and I pay in full on 3 of my accounts. Except the 0% APR one, for obvious reasons. I explained this to him and he told me to wait for the denial letter and request a copy of my EX report, then send it with a letter back to them. He says the pull the used to make the decision was a pull from July (same pull they used to approve my PRG). I told him that Im currently in Amsterdam and won't be back till the 27th, so he says he'll put it up for manual review. I'm probably going to get declined again though, but I plan on applying again before my next trip in December. If I get declined again, I'll apply again before my next trip in March. The benefits are watered down, but the free first year is calling me. I do like the $200 year air incidentals

Re: Ameriprise Amex Platinum

09Lexie — Wed, 06 Aug 2014 21:22:12 GMT

@Membersince2013 wrote:
The guy I spoke with said I had too many inq (12) and my length of accounts with Amex hasn't been long. Mind you, I opened my first Amex account last year and I now have 5 accounts with them. 4 revolvers and 1 charge card, never hard I problem with any of my accounts. I always pay on time and I pay in full on 3 of my accounts. Except the 0% APR one, for obvious reasons. I explained this to him and he told me to wait for the denial letter and request a copy of my EX report, then send it with a letter back to them. He says the pull the used to make the decision was a pull from July (same pull they used to approve my PRG). I told him that Im currently in Amsterdam and won't be back till the 27th, so he says he'll put it up for manual review. I'm probably going to get declined again though, but I plan on applying again before my next trip in December. If I get declined again, I'll apply again before my next trip in March. The benefits are watered down, but the free first year is calling me. I do like the $200 year air incidentals

Five Amex cc's in one year? And if I'm reading your siggy correct, less than 2 years AAOA?

Re: Ameriprise Amex Platinum

NegotiatorRogerSmith — Wed, 06 Aug 2014 21:36:11 GMT

@Membersince2013 wrote:
The guy I spoke with said I had too many inq (12) and my length of accounts with Amex hasn't been long. Mind you, I opened my first Amex account last year and I now have 5 accounts with them. 4 revolvers and 1 charge card, never hard I problem with any of my accounts. I always pay on time and I pay in full on 3 of my accounts. Except the 0% APR one, for obvious reasons. I explained this to him and he told me to wait for the denial letter and request a copy of my EX report, then send it with a letter back to them. He says the pull the used to make the decision was a pull from July (same pull they used to approve my PRG). I told him that Im currently in Amsterdam and won't be back till the 27th, so he says he'll put it up for manual review. I'm probably going to get declined again though, but I plan on applying again before my next trip in December. If I get declined again, I'll apply again before my next trip in March. The benefits are watered down, but the free first year is calling me. I do like the $200 year air incidentals

...I can't remotely relate. 5 inq for me is 5 too many... you're insatiabe, lolz

Re: Ameriprise Amex Platinum

Membersince2013 — Wed, 06 Aug 2014 22:29:36 GMT

I can't see my siggy because im on movile, but I think 1.5 AAOA is about right.

Also Roger Smith, It never occured to me that 5 was too much lol. I honestly think they should get rid of this whole Inq thing and do it based on if you pay in full or over the minimum and some other factors. I feel like the inq thing is redundant, probably because it doesn't benefit me....but regardless, if I want a Platinim card and you see that I can pay for it, why not give it to me?... Just doesn't make any sense to me. That's like going to the dealership with cash and requesting a Mercedes, then having them tell you that you can't buy it because you've been to too many other dealerships looking at other cars before deciding you want a Mercedes. It's redudant lol.

Re: Ameriprise Amex Platinum

Kenny — Wed, 06 Aug 2014 22:34:39 GMT

LOL @ your way of thinking.

Re: Ameriprise Amex Platinum

mongstradamus — Wed, 06 Aug 2014 22:35:32 GMT

@Membersince2013 wrote:
I can't see my siggy because im on movile, but I think 1.5 AAOA is about right.

Also Roger Smith, It never occured to me that 5 was too much lol. I honestly think they should get rid of this whole Inq thing and do it based on if you pay in full or over the minimum and some other factors. I feel like the inq thing is redundant, probably because it doesn't benefit me....but regardless, if I want a Platinim card and you see that I can pay for it, why not give it to me?... Just doesn't make any sense to me. That's like going to the dealership with cash and requesting a Mercedes, then having them tell you that you can't buy it because you've been to too many other dealerships looking at other cars before deciding you want a Mercedes. It's redudant lol.

I think the whole inq things is for so when they look at your credit report, if you have too many you may look an bit desperate for credit. So you weren't declined for not being ameriprise member ? this card i am kind of interested in but afraid that i wouldn't get it because of ameriprise membership

Re: Ameriprise Amex Platinum

09Lexie — Wed, 06 Aug 2014 22:52:05 GMT

The number of inq's doesn't seem high but I think it's the number of TLs + number of new TLs with Amex - in less than a year.

Re: Ameriprise Amex Platinum

Membersince2013 — Wed, 06 Aug 2014 22:52:09 GMT

Well KennyRS, it's true.

Also, Mongstradamus, the whole credit thing is a game of risk. They give us money and trust us to pay back. Regardless of how they do it, they'll still taking a risk. Of course I'm desperate for credit lol! I want to stop using cash and get paid for buying crap that I was gonna buy with the cash anyway. If a creditor wants to give me a 2 year 0% APR (Barclays), why would I say no lol? I'm always desperate for credit and it's defnitely not because I can't afford what I card, it's because these companies are giving me opportunities to save my money for a year or 2 instead of spending it on that new tv I want from bestbuy. All I'm saying is that they can easily look at my history with them and make an easy judgement call. I can obviously pay. I made big purchases on my charge card and paid them off. It baffled me that they declined my 2k+ purchase at BJs a couples of weeks back, but then let me charge that same amount after I called in...

Re: Ameriprise Amex Platinum

mongstradamus — Wed, 06 Aug 2014 22:54:39 GMT

@Membersince2013 wrote:
Well KennyRS, it's true.

Also,Mongstradamus, the whole credit thing is a game of risk. They give us money and trust us to pay back. Regardless of how they do it, they'll still taking a risk. Of course I'm desperate for creditlol! I want to stop using cash and get paid for buying crap that I was gonna buy with the cash anyway. If a creditor wants to give me a 2 year 0% APR (Barclays), why would I say nolol? I'm always desperate for credit and it'sdefnitely not because I can't afford what I card, it's because these companies are giving me opportunities to save my money for a year or 2 instead of spending it on that newtv I want frombestbuy. All I'm saying is that they can easily look at my history with them and make an easy judgement call. I can obviously pay. I made big purchases on my charge card and paid them off. It baffled me that they declined my2k+ purchase atBJs a couples of weeks back, but then let me charge that same amount after I called in...

Its not about you in particular , but i am sure they have some kind of algorithm where when an lot of people are desperate for credit, they usually are very risky and may default on loan or cc.