AMEX Gold Denial .... AGAIN

[Anonymous]

Hey everyone,

So I’ve been working towards an Amex for 2 years now with a denial every time I’ve applied which is 5 times.

Most recent denial last month before today it says was due to high revolving balances. Understable considering one card was at 7.3/10k. I paid down that card to 25% which reflected as of yesterday on myFICO.

Applying today I was denied again with the reason I haven’t been an AMEX customer long enough. I have an AMEX Everyday since September.

I called recon and asked for a review, also stating my credit pull is from Dec 1, per the denial letter.

Any insight on if I’ll get approved in recon?

0 late payments
0 baddies
8 accounts all perfect history
Largest cards 10k/5k/5k
2 years age
80k income

[Anonymous]

Sorry to hear about the denial.  Amex used the old report for the application.  During the recon, did you ask them to pull a new report?  The recon can swing either way.

However, if you are denied again, give it six months before you apply again.

[Anonymous]

Yes I did mention the outdated report and asked for a new pull.

Hopefully this goes my way, been a long road from the 400s and a report full of collections lol

[Anonymous]

I hope so too.  I will keep my fingers crossed for you.  Please update once you know of the final outcome .

[Anonymous]

Thanks! Will def update

[Anonymous]

Updated less than 24 hours later as a denial again. No new HP. FICO is 40 points higher than the pull but doesnt appear to matter based on reasoning. 

Thank you for applying for American Express Gold Card. We are writing to let you know that, unfortunately, we cannot approve your application at this time.

 

Reason(s) for Our Decision

 

Our scoring of your credit and other relevant information (see below)

 

We evaluated your application using a credit scoring system that considers various pieces of information, including your credit report. The following key factors contributed to our evaluation:

 

The length of time you have been a customer with American Express is too short.

 

Information About Your FICO® Score

We obtained your FICO score from Experian and used it in making our credit decision. Your FICO score is a number that reflects the information in your credit report. Your FICO score can change, depending on how the information in your credit report changes. On December 01, 2018, your FICO score was 709. The FICO score ranges from 300 to 850. The following are the key factors that contributed to your FICO score:

[FinStar]

At least no HP for the re-review, but the reconsideration request is final.

You could reapply again down the road when things are more optimal profile/score-wise.

[Anonymous]

Yeah it is what it is. 

Said screw it and went for the Cap1 Venture and got $5K approval so that help ease the sting. 

[CreditInspired]

---

@Anonymous wrote:

Yeah it is what it is. 

Said screw it and went for the Cap1 Venture and got $5K approval so that help ease the sting. 

---

Yep, that'll do it. Congrats on the Cap1 Venture approval.

[Priory_Man]

---

@Anonymous wrote:

Said screw it and went for the Cap1 Venture and got $5K approval so that help ease the sting. 

---

Nice app, that should hold you over for 6 months or so, then have another crack to the AMEX card.