AMEX Magnet 14 Days

[atst2000]

I logged in and saw the new Magnet card everyone is talking about and clicked on it and said I was pre-approved. Applied and was given dreaded 14 day message. I called the application line and the gentleman said he couldn’t pull it up and that it had went to manual review and I would hear back 3-5 days. I have had my PRG and 3 CC with them the last 2 years or so so I have a good history.

I will say I did get my first Amex business card approved about 5 days ago so I’m wondering if that’s what triggered it. I have a 702 EX FICO per Amex. Just hope it doesn’t trigger a FR or something. I’m nervous.

Anyone else get the same thing?

[Anonymous]

I did some research on these forums and the 14 day message has normally been either a fraud alert or a denial. If it's a fraud alert, you will most likely just have to talk to them and do some indentity verification.

I found this link that CreditCuriosity posted a while ago: https://www262.americanexpress.com/eaol/welcome.do

Good luck to you!

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@atst2000 wrote:
I logged in and saw the new Magnet card everyone is talking about and clicked on it and said I was pre-approved. Applied and was given dreaded 14 day message. I called the application line and the gentleman said he couldn’t pull it up and that it had went to manual review and I would hear back 3-5 days. I have had my PRG and 3 CC with them the last 2 years or so so I have a good history.

I will say I did get my first Amex business card approved about 5 days ago so I’m wondering if that’s what triggered it. I have a 702 EX FICO per Amex. Just hope it doesn’t trigger a FR or something. I’m nervous.

Anyone else get the same thing?

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[atst2000]

Yeah I’ve already gone to that link. The application does not show up at all. I called and asked if it was verification questions and the guy said “no, it has gone to a manual review team”. I’ve had this happen before so I thought it would be some simple questions over the phone but it wasn’t.

[Anonymous]

I hope it works out ok, soon. Did you have a set apr or range?

[Anonymous]

+1

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@Anonymous wrote:

I hope it works out ok, soon. Did you have a set apr or range?

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[atst2000]

I honestly can’t remember what it said. I always PIF so I don’t look at APR too much haha. I know it said “Justin, you’re pre-approved!” at the top of the screen and I got excited lol only to feel that terrible feeling 30 seconds later.

[Anonymous]

If it said pre-approved and not pre-selected (two big differences) then my bet, of course me not knowing your profile, is that it's a fraud alert. Maybe your recent business card spooked them into thinking someone is excessively opening up credit cards in your name.

I just hope if it is just fraud alert they dont do that annoying thing where they call you from a blocked number (knowing no one picks those up) to see if you pick up  Discover did that to me when I first got in with them I thought they were insane.

[atst2000]

@jude_bray

Yeah they’ve done that to me and somehow I have a “restriction” on my Verizon account to not receive blocked calls so I had to sit on hold for over an hour for the guy to call my bank to verify me. It was a HUGE pain in the rear only to get a super low SL (1300) on my BCP card.