Well I think I finally pushed my luck..

[Anonymous]

So after my CSP approval yesterday, I had that little rush going, and while I was ready to garden for the next year, or at a minimum till xmas, I took one more shot. 

I thought to myself, I have everything in the Card arsenal that I have had my eyes on, except for an amex gold charge. So I hit that apply button figuring they just upped my ED card to 13500 maybe they will extend me a PRG as well. 

I got the dreaded 7-14 day message, and when I tried to call new accounts was already closed for the weekend. Now I have to wait until tomorrow to see if I can move things along. 

I am assuming it is going to be a deny, but who knows, maybe I will get lucky. 

If they dont approve, you guys think it will have been a SP since I am already a member?

[Anonymous]

You will be fine, they don't process stuff on the weekends. I did the same thing, processing status, you will receive a letter in the mail message. Check Monday night, application rush approved.

[NRB525]

I am of the opinion that it started as a SP.

If it were an instapproval, they would trigger a HP just to tag your file as a new inquiry, but then you'd already know that.

If the SP is an instadenial (your credit file was not strong enough to grant the additional card instantly and no marginal reason to go to manual review) then it likely stays as a SP. This seems unlikely given you are at a large CL on another AMEX.

If, however, your file is marginal, almost there, then the SP is the starting point, and they will probably do a HP and that is the input for the credit analyst to do their thing. That is probably the reason for the 7+ day wait.

If the credit analyst determines the card is a go, you get the card and the HP

If the credit analyst says still no go (the SP was not an instapproval, the updated HP is still not enough) then you don't get the card, and you have a HP (the input to the review).

Now, grated, this is all my speculation based on other bits and pieces from others experience here. I think if you already have $13k CL on an AMEX, and this card comes with a hefty AF, likely it will be an approval on the review.

Good luck!

[Anonymous]

Right ont guys, thanks for the input, I havent seen an inquirey alert or anything on myfico account. 

MY EX score is 720, but I have several new accounts and inq. within the last month, that may be my achilles heel on this APP. 

I guess only time will tell, I will give the new accounts phone number a ring tomorrow morning to see if I can move things along. 

[Anonymous]

Called in to new accounts this morning, CSR was super nice, confirmed some info with me but said that there is still some processing required. He suggested that my applicaiton looks OK, and to wait a few more days for the decision. 

Hmm. I guess a few more days of waiting it is. 

[Anonymous]

---

@Anonymous wrote:

Called in to new accounts this morning, CSR was super nice, confirmed some info with me but said that there is still some processing required. He suggested that my applicaiton looks OK, and to wait a few more days for the decision. 

Hmm. I guess a few more days of waiting it is. 

---

Im sure you'll be fine.  Amex isn't that concerned with inquiries and new accounts.  

[Anonymous]

Right on. I hope that's the case. I'll be checking the status page throughout the day.

[Anonymous]

Just got the approved notice !!!

[JustBPatient]

Yahtzee!!  

[EdMan63]

Congrats!!! Now off to the garden!!!!