Denied AMEX card with 840 score due to a closed card from 6 months ago, do I have to wait 30 days...

[Anonymous]

Hello, 

I applied for an AMEX card because I am doing refinance and I receive cash back if I have an AMEX card when I close. I applied for the Blue Cash card and to my shock I was denied. I have 840 FICO and the card was closed SIX months ago.

AMEX told me I have to wait 30 days to apply for any AMEX card again otherwise it will be automatically denied, is this true? I really want any AMEX card to receive this credit and I think I will close on the refinance before then. This is crazy to me. 

Thank you 

[Anonymous]

Yes, you have to wait 30 days to reapply or call customer service and ask for a second review

[K-in-Boston]

Yes, any additional applications submitted will be denied automatically.  Can you be more specific on why you were denied due to closing a card 6 months ago?  Was there an unsatisfactory relationship?  Did you receive a Welcome Offer and close the card soon after opening it?

[Brian_Earl_Spilner]

Unless something has changed in the last 6 months, it's possible to be approved less than 30 days after a denial. I've done it twice. The first time was only 8 or so days later. And, I reapplied for the same cards, so it's not like I jumped to a different to try and circumvent the rule. 

EDIT: I guess COVID would be what's different.

[Anonymous]

I asked for a second review and they basically said they don't do that. 

The letter said cancelled too many accounts recently. It was 6 months ago and I had the card for a year, always on time and there wasn't anything unsatisfactory. 

Interesting Brian, if I apply before 30 days and get denied again, does the clock restart for another 30 days after the 2nd application or is it still 30 days from the first application? 

[Anonymous]

If nothing has changed, why would you immediately apply again and expect a different result?  If something changed for the better (score, utilization, etc) maybe, but just to apply again with the same credit profile will equal the same denial. 

[M_Smart007]

@Anonymous, Welcome to the forums, sorry for your denial

[Anonymous]

Creditsweeper, 

I would apply for a different AMEX card and maybe the criteria are less stringent? Also at the time of application the closure of the card was just under 6 months and now it's over 6 months, so hoping that would make a difference? 

[Brian_Earl_Spilner]

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@Anonymous wrote:

I asked for a second review and they basically said they don't do that. 

The letter said cancelled too many accounts recently. It was 6 months ago and I had the card for a year, always on time and there wasn't anything unsatisfactory. 

Interesting Brian, if I apply before 30 days and get denied again, does the clock restart for another 30 days after the 2nd application or is it still 30 days from the first application? 

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It's supposed to be after a successful app that was denied. In the case of them auto-denying, I would think that the clock wouldn't restart.

[Brian_Earl_Spilner]

Also, while we've had some outliers, Amex corporate has said no recons at this time due to covid.