Amex after bankruptcy?

Anonymous · ‎08-14-2020

Question for a friend?

Does Amex auto deny you if you have a bankruptcy on your credit report. She didn't burn them, so is there ant chance of her getting an Amex card even though she declared bankruptcy?

mrcraft · ‎08-15-2020

Amex will generally auto-deny you until 5 years 1 month after filing regardless if they were included or not. Then they approve/deny you depending on your credit profile. Amex's policy is more lenient than say Chase or Citi.

Affinity Cash Rewards Visa Signature $32,500

American Express Marriott Bonvoy Brilliant $25,000

PenFed Power Cash Rewards Visa Signature $20,000

U.S. Bank Altitude Go Visa Signature $17,000

Chase Marriott Bonvoy Boundless Visa Signature $16,700

angelofmusic86 · ‎08-17-2020

@mrcraft wrote:
Amex will generally auto-deny you until 5 years 1 month after filing regardless if they were included or not. Then they approve/deny you depending on your credit profile. Amex's policy is more lenient than say Chase or Citi.

Thank you for sharing. I had heard the 5 year 1 month rule about AMEX auto-denying, but didn't realize they were more lenient that Chase or Citi. This gives me a little bit of hope that in 5-10 years I might have an AMEX again.

CH7 Filed 05.01.2020; Discharged 10.21.2020

10.22.2020 FICO8 Scores: EQ 615 TU 560 EX 581
06.28.2023 FICO8 Scores: EQ 663 TU 663 EX 661

Rebuild progress: CapitalOne Kohl's Visa $3,000; CapitalOne Quicksilver$0AF $9,600; CreditOne Rewards $700; CapitalOne Venture$0AF $6,000; PenFed PCR $9,600; Kemba Signature Visa $5,000; CreditOne$0AF AMEX $1,500; Target RedCard $500; Wells Fargo Autograph $1,500; Comenity Ultamate Rewards MC $4,900; CapitalOne Savor One $500; Amazon Store Card $5,000; Synchrony TJ Maxx Mastercard $5,000; Well's Fargo Reflect Visa $3,500; Citi AAdvantage MC $5,000
Gardening until absolutely necessary.

mrcraft · ‎08-17-2020

@angelofmusic86 wrote:
@mrcraft wrote:
Amex will generally auto-deny you until 5 years 1 month after filing regardless if they were included or not. Then they approve/deny you depending on your credit profile. Amex's policy is more lenient than say Chase or Citi.
Thank you for sharing. I had heard the 5 year 1 month rule about AMEX auto-denying, but didn't realize they were more lenient that Chase or Citi. This gives me a little bit of hope that in 5-10 years I might have an AMEX again.

Yeah, typically the BK will have to fall off your reports to get a card from Chase or Citi whether they were included or not.

With Amex they can approve after 5 year 1 month, but they won't do a CLI until after the BK falls off. At least you get a card to build that relationship with them again.