topic Re: Useful Amex info on Multiple Apps in Credit Cards

Useful Amex info on Multiple Apps

Firehorse — Thu, 25 Sep 2014 03:40:10 GMT

Okay, so the question I was asking today was:

If you are approved for an Amex, and turn around and apply for a second card, does it result in a second HP if also approved?

Here's the deal. Amex has a security system in place. If you do apply multiple times for cards you will be approved for only the first card will be instant. You will be asked to call in and verify your identity for subsequent apps before they process it further. This is for security purposes to protect you from identity theft. It doesn't necessarily mean it's a decline.

As to the question of will it result in additional HPs? The answer is no. I was assured by the representative that any other pulls will not result in HPs because they already have your current approved info and do not need to do another.

This info is coming directly from Amex when I called in as requested for my second app.

Also, I have been told by many sources in this forum that if you are declined, it is only a SP. Since I was instantly approved I cannot verify this because I received an HP.

Ta!

Re: Useful Amex info on Multiple Apps

myjourney — Thu, 25 Sep 2014 03:45:24 GMT

Lately YMMV

In most cases 2 apps same day after 1st is approve will result in 1 HP for 2 cards

I did it

Edit the rep is wrong we've seen plenty of cases of 2 app 2 HP's

Re: Useful Amex info on Multiple Apps

Anonymous — Thu, 25 Sep 2014 03:45:24 GMT

@Firehorse wrote:
Okay, so the question I was asking today was:

If you are approved for an Amex, and turn around and apply for a second card, does it result in a second HP if also approved?

Here's the deal. Amex has a security system in place. If you do apply multiple times for cards you will be approved for only the first card will be instant. You will be asked to call in and verify your identity for subsequent apps before they process it further. This is for security purposes to protect you from identity theft. It doesn't necessarily mean it's a decline.

As to the question of will it result in additional HPs? The answer is no. I was assured by the representative that any other pulls will not result in HPs because they already have your current approved info and do not need to do another.

This info is coming directly from Amex when I called in as requested for my second app.

Also, I have been told by many sources in this forum that if you are declined, it is only a SP. Since I was instantly approved I cannot verify this because I received an HP.

Ta!

Thanks for the info. And if declined it is a SP, IF you are logged-in your Amex account at the time of the app. If you are applying incognito, to get bonuses you wouldn't get as a member and are declined, it's a HP.

Re: Useful Amex info on Multiple Apps

Firehorse — Thu, 25 Sep 2014 03:46:10 GMT

@myjourney wrote:
Lately YMMV
In most cases 2 apps same day after 1st is approve will result in 1 HP for 2 cards
I did it

Edit the rep is wrong we've seen plenty of cases of 2 app 2 HP's

Yes, you are correct. I should have added YMMV.

Re: Useful Amex info on Multiple Apps

Anonymous — Thu, 25 Sep 2014 05:51:21 GMT

Yep, just happened to me the other day. Applied for Costco and BCP cards on the same day - 2 hard pulls.

Re: Useful Amex info on Multiple Apps

Anonymous — Thu, 25 Sep 2014 06:14:21 GMT

@Inde wrote:
Yep, just happened to me the other day. Applied for Costco and BCP cards on the same day - 2 hard pulls.

Were you an Amex member already or were these your first cards?

Re: Useful Amex info on Multiple Apps

Firehorse — Thu, 25 Sep 2014 21:54:12 GMT

So as it turns out my mileage HAS varied. I called the App Status number and got more deets.

They will not process a second app for at least five days after the first approval. Again, this is for security reasons to prevent fraud and identity theft. This actually makes me happy when I think about it.

However, when they process the second app, they WILL do a second HP.

Oh well, lesson learned. YMMV.

Edit: Typo

Re: Useful Amex info on Multiple Apps

ibmrad7 — Thu, 25 Sep 2014 21:56:36 GMT

a big YMMV. My cousin just the did the same thing over the weekend for Platinum and Delta Gold. One after the another, both approvals and resulted in 2 HPs on EX.

My suggestion.. Don't try this at home if you are running high on pulls :-)

Edit: He had to call in for Delta

Re: Useful Amex info on Multiple Apps

Fico2Go — Fri, 26 Sep 2014 03:43:19 GMT

When I apped for Amex both my apps were approved instantly. They were done within minutes of each other.

Not sure if it made any difference but PRG was my first, followed by BCP a few minutes later.

No need to call in with only 1 HP for both apps.

Re: Useful Amex info on Multiple Apps

Anonymous — Fri, 26 Sep 2014 03:59:25 GMT

in my case it was a pull for the app which was declined, then another pull and with that i was approved for 2 charge cards.

Re: Useful Amex info on Multiple Apps

Firehorse — Tue, 30 Sep 2014 19:59:47 GMT

Well I finally got the results for my second app. I applied for both BCE and CE. While BCE was an instant approval they made me wait five days for CE.

They did a second HP AND Declined me. I don't know the reason. They wouldn't tell me on the phone. Boo!

Re: Useful Amex info on Multiple Apps

Leadberry — Tue, 30 Sep 2014 21:57:51 GMT

@Firehorse wrote:
Okay, so the question I was asking today was:

If you are approved for an Amex, and turn around and apply for a second card, does it result in a second HP if also approved?

Here's the deal. Amex has a security system in place. If you do apply multiple times for cards you will be approved for only the first card will be instant. You will be asked to call in and verify your identity for subsequent apps before they process it further. This is for security purposes to protect you from identity theft. It doesn't necessarily mean it's a decline.

As to the question of will it result in additional HPs? The answer is no. I was assured by the representative that any other pulls will not result in HPs because they already have your current approved info and do not need to do another.

This info is coming directly from Amex when I called in as requested for my second app.

Also, I have been told by many sources in this forum that if you are declined, it is only a SP. Since I was instantly approved I cannot verify this because I received an HP.

Ta!

CSR's are rarely the reliable sources we want them to be. A simple search will show your info to be shaky at best. Policy does not always correlate to reality. I'm one of those who had two instant approvals on the same day.

Re: Useful Amex info on Multiple Apps

Firehorse — Tue, 30 Sep 2014 22:00:42 GMT

@Leadberry wrote:
@Firehorse wrote:
Okay, so the question I was asking today was:

If you are approved for an Amex, and turn around and apply for a second card, does it result in a second HP if also approved?

Here's the deal. Amex has a security system in place. If you do apply multiple times for cards you will be approved for only the first card will be instant. You will be asked to call in and verify your identity for subsequent apps before they process it further. This is for security purposes to protect you from identity theft. It doesn't necessarily mean it's a decline.

As to the question of will it result in additional HPs? The answer is no. I was assured by the representative that any other pulls will not result in HPs because they already have your current approved info and do not need to do another.

This info is coming directly from Amex when I called in as requested for my second app.

Also, I have been told by many sources in this forum that if you are declined, it is only a SP. Since I was instantly approved I cannot verify this because I received an HP.

Ta!
CSR's are rarely the reliable sources we want them to be. A simple search will show your info to be shaky at best. Policy does not always correlate to reality. I'm one of those who had two instant approvals on the same day.

And it seems CSRs are all you get at Amex.

Re: Useful Amex info on Multiple Apps

Fico2Go — Tue, 30 Sep 2014 22:12:22 GMT

The #: of hp could depend on your score as well. A low score or borderline could require two pulls on multiple apps.

Re: Useful Amex info on Multiple Apps

Firehorse — Tue, 30 Sep 2014 22:27:13 GMT

The irony is that my score would have been higher on the second pull. (Yes, I know they use internal scoring). My balances are lower since the first hard pull and CLIs are posting. They are a strange brew over there. They made it the third HP in a group this month. Before this month, the prior HP was in 12/2013.

** edit for clarity.

Re: Useful Amex info on Multiple Apps

godscountry — Wed, 01 Oct 2014 03:11:30 GMT

I apped last week. Wanted to do the PRG first, but decided to do the Costco first. Wanted to go in warehouse, was too busy, did app by phone. Very long app, verification, and approval. Immediately went to laptop and apped for PRG and got instant approval and they rushed it to me and I got like 2 days later. 1 Pull on EX for both. I wanted to do Delta but was pretty sure that was gonna result into another pull so I didnt go that route.