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Amex Everyday Card Denied...Interesting (to me) denial reasons

New Contributor

Amex Everyday Card Denied...Interesting (to me) denial reasons

Amidst my recent application success, I thought I would try for the AMEX Everyday Card to boost my MR account, which will have 60K points after my Platinum bonus hits.  Unfortunately, AMEX wasn't having it.  MY EX FICO AMEX pulled was 686, but the denial reasons are as follows:

                                       Your FICO® score - 686 (clearly score isn't everything for AMEX as I was approved for SPG and Delta Gold 2 years                                                                                              ago with lower scores around 650)

                                       Your consumer credit report indicates your payment history has been unsatisfactory  (This is interesting as the                                                                                                    unsatisfactory payments on my consumer credit report are the same unsatisfactory                                                                                                      payments that existed in 2016 when I was approved for 2 AMEX cards that have been                                                                                                  maintained flawlessly since 2016, including managing to accrue over 30K in spend on my                                                                                            SPG card with a 1K limit and a recent Platinum card)

                                       The number of credit card accounts on which, in our estimation, you have not paid a majority of the balance in recent                                            months as indicated in your credit report.  (My current utilization is around 6%, but maybe they can see prior monthly                                                                                          statement balances which were quite high for a few months)

 

My details are in my siggy below. I was a bit disappointed as I wanted to put some spend on this card and boost my MR account as I won't be earning many MRs through my Platinum card other than non-American Airlines flights.  While I appreciate the Platinum card and will take full advantage of the lounge access benefit, which is my primary use for the card, I'm not happy with the constant CLI rejections and the current card denial.  I know you can't win them all, but at least give me a reason that feels plausible. 

 

As much as I value SPG points, I think I am going to spend the rest of 2018 earning some URs insteadand see what happens.

You have to start somewhere, so HERE is THERE
Starting FICO 8 Score: 2-20-18 EQ 729 TU 698 EX 665
FICO 8 Score Upon entering the Garden: 3-14-18 EQ 719 TU 724 EX 681
Recent FICO 8 Score: 4-1-18 EQ 714 TU 721 EX 669
Goal Score: 750 across the board
The Good: all accounts current; utilization 8%
The Bad: 8 - 30 day lates (2013-2017); 3 60 day lates (2014-2016)
The Ugly: ONE CO 2014 - reporting as current CO on EXP (in dispute)


In the garden until March 2020
Message 1 of 10
9 REPLIES
Valued Contributor

Re: Amex Everyday Card Denied...Interesting (to me) denial reasons

Umm, something else might be lurking there that AMEX did not like. Sorry you got denied!



FICO 8 Scores EQ 704 / Goal 750, EX 706 / Goal 750, TU 724 / Goal 750

FICO 9 Scores EQ 726 / Goal 750, EX 683 / Goal 750, TU 726 / Goal 750
Message 2 of 10
New Contributor

Re: Amex Everyday Card Denied...Interesting (to me) denial reasons


@c00mtgwrote:
Umm, something else might be lurking there that AMEX did not like. Sorry you got denied!

Thanks. Could be. I didn't bother to recon as I understand that AMEX doesn't normally do recons. 

You have to start somewhere, so HERE is THERE
Starting FICO 8 Score: 2-20-18 EQ 729 TU 698 EX 665
FICO 8 Score Upon entering the Garden: 3-14-18 EQ 719 TU 724 EX 681
Recent FICO 8 Score: 4-1-18 EQ 714 TU 721 EX 669
Goal Score: 750 across the board
The Good: all accounts current; utilization 8%
The Bad: 8 - 30 day lates (2013-2017); 3 60 day lates (2014-2016)
The Ugly: ONE CO 2014 - reporting as current CO on EXP (in dispute)


In the garden until March 2020
Message 3 of 10
Valued Contributor

Re: Amex Everyday Card Denied...Interesting (to me) denial reasons

Not neccessarily the case. I would however, pull your reports and make sure all there belongs to you.




FICO 8 Scores EQ 704 / Goal 750, EX 706 / Goal 750, TU 724 / Goal 750

FICO 9 Scores EQ 726 / Goal 750, EX 683 / Goal 750, TU 726 / Goal 750
Message 4 of 10
New Contributor

Re: Amex Everyday Card Denied...Interesting (to me) denial reasons

I've been pretty on top of my reports lately and unfortunately it's all mine. 

You have to start somewhere, so HERE is THERE
Starting FICO 8 Score: 2-20-18 EQ 729 TU 698 EX 665
FICO 8 Score Upon entering the Garden: 3-14-18 EQ 719 TU 724 EX 681
Recent FICO 8 Score: 4-1-18 EQ 714 TU 721 EX 669
Goal Score: 750 across the board
The Good: all accounts current; utilization 8%
The Bad: 8 - 30 day lates (2013-2017); 3 60 day lates (2014-2016)
The Ugly: ONE CO 2014 - reporting as current CO on EXP (in dispute)


In the garden until March 2020
Message 5 of 10
Valued Contributor

Re: Amex Everyday Card Denied...Interesting (to me) denial reasons

I’m looking at your siggy and you have some great cards!

I would wait until this falls off —> ONE CO 2014 - reporting as current CO on EXP (in dispute)



FICO 8 Scores EQ 704 / Goal 750, EX 706 / Goal 750, TU 724 / Goal 750

FICO 9 Scores EQ 726 / Goal 750, EX 683 / Goal 750, TU 726 / Goal 750
Message 6 of 10
New Contributor

Re: Amex Everyday Card Denied...Interesting (to me) denial reasons


@c00mtgwrote:
I’m looking at your siggy and you have some great cards!

I would wait until this falls off —> ONE CO 2014 - reporting as current CO on EXP (in dispute)

Yep. I just got the FU, so I feel better that I'm going to the garden on a yes instead of a no. 

You have to start somewhere, so HERE is THERE
Starting FICO 8 Score: 2-20-18 EQ 729 TU 698 EX 665
FICO 8 Score Upon entering the Garden: 3-14-18 EQ 719 TU 724 EX 681
Recent FICO 8 Score: 4-1-18 EQ 714 TU 721 EX 669
Goal Score: 750 across the board
The Good: all accounts current; utilization 8%
The Bad: 8 - 30 day lates (2013-2017); 3 60 day lates (2014-2016)
The Ugly: ONE CO 2014 - reporting as current CO on EXP (in dispute)


In the garden until March 2020
Message 7 of 10
Regular Contributor

Re: Amex Everyday Card Denied...Interesting (to me) denial reasons

I reconned with Amex.. they sent me a letter saying they were sticking by their original decision.

You just have to call and tell them you want someone to go over your app and tell them why you think you should be approved.

I’m over Amex at the moment.. they’re so quick to deny for stupid reasons, in my opinion.


A noble spirit embiggens the smallest man.
Message 8 of 10
New Contributor

Re: Amex Everyday Card Denied...Interesting (to me) denial reasons


@ama050wrote:
I reconned with Amex.. they sent me a letter saying they were sticking by their original decision.

You just have to call and tell them you want someone to go over your app and tell them why you think you should be approved.

I’m over Amex at the moment.. they’re so quick to deny for stupid reasons, in my opinion.

I hear you. I have been feeling that way for a minute, especially with them not giving me any kind of CLI notwithstanding that nothing on my report is any different than what was there when they approved the card, and I clearly demonstrated my ability to handle the card responsibly (if that is what they were looking for).  I've decided not to recon.  Now that I have the FU, I'm moving my spend to Chase to build up my UR account, so I don't need the AMEX card. While I love that I have the recently approved Platinum, I'm realizing that it was not hard for them to approve that. They get a lovely fee from me and they have control over what purchases they approve or decline. NPSL doesn't mean no limit. I'm taking a break from AMEX at the moment as well. 

You have to start somewhere, so HERE is THERE
Starting FICO 8 Score: 2-20-18 EQ 729 TU 698 EX 665
FICO 8 Score Upon entering the Garden: 3-14-18 EQ 719 TU 724 EX 681
Recent FICO 8 Score: 4-1-18 EQ 714 TU 721 EX 669
Goal Score: 750 across the board
The Good: all accounts current; utilization 8%
The Bad: 8 - 30 day lates (2013-2017); 3 60 day lates (2014-2016)
The Ugly: ONE CO 2014 - reporting as current CO on EXP (in dispute)


In the garden until March 2020
Message 9 of 10
Community Leader
Super Contributor

Re: Amex Everyday Card Denied...Interesting (to me) denial reasons

I have a sneaking suspicion that my previous bk , including them, is holding me back with getting further cli with Amex. Even makng sure i have 6 months in between requests, they still dont want to extend any more credit so sometimes our past mistakes might be forgiven but necessarily forgotten.



Gardening since 6/13/18
Goal: No hps or cli requests at least til 1/1/19, 7/13/20 preferable
Message 10 of 10