@Soundersfan1 wrote:
But does that indicate the Amex just barely wanted to approve me for the Gold Card?
Sort of. Same thing happened to me a couple of years ago. Barely got the Gold, $2000 POT limit. Then a week later I applied for one of their business cards (BBC) and got $7000 SL. The $2000 POT limit stayed that way for nearly two years before they bumped it to $7000. In that time I applied for a business platinum which gave me a $25,000 POT limit. And then I applied for a BCE and was given a $1000 limit which they would not raise. A year later I cancelled the BCE because I was sick of the limit. At that point the BBC was at $15,000.
So to answer your question, yes you were probably "barely" accepted for Amex personal cards, but you might get higher limits on their business cards. Give it a year or two and your personal POTs and CLs will start to creep up.
51-year-old licensed banking and finance attorney. Series 65 registered investment advisor. Southern California. I am happy to educate anyone under the age of 40 but I will not argue with you because you know nothing and I have better things to do. I have been doing this longer than you've been alive. If you want my advice, you can pay me with sincere gratitude or money, and not necessarily in that order.
