The Platinum Card from American Express Approval!

[ultimaterewardsguy357]

I applied for this card on January 1, 2021 and got denied (reasons mentioned in a separate post). After 12 days of waiting patiently to hear back from the underwriting team (two 5-day reconsiderations) and successful override of the Blue Business Plus (1/5/21), Amex was able to reverse their original decision AGAIN and approve me for The Platinum Card from Amex!

Data Points:

Revolving Account History

1. Chase Freedom Unlimited product changed to Flex, $500, opened 6/2016 (AU)

2. Citi Double Cash Card, $9,000, opened 3/2017 (AU)

3. CapOne QS1, $1,100, opened 5/2018, closed on 6/2020

4. CapOne Secured, $501, opened 9/2019, closed 10/2020

5. Discover It Cash Back, $2,000, opened 12/2019

6. Merrick, $2,500, opened 1/2020

7. Amex Gold Card, No Pre-Set SL, opened 3/2020

8. Chase Sapphire Preferred, $7,500, opened 9/2020

9. Chase Freedom Flex, $2,000, opened 10/2020

10. Blue Business Plus, $2,000, opened 1/2021

11. The Platinum Card from Amex, No Pre-Set SL, opened 1/2021

5/24 Status: 6/24 at the time of application. 7/24 with the new Platinum addition.

UTI: 13%

FICO 8 Base Scores: EX 771, EQ 757, TU 757

Total No. of Inquiries: EX 4,  EQ 5, TU 11

Inquiries in the last 6 months: EX 1,  EQ 0, TU 2

Inquiries in the last 12 months: EX 1, EQ 3, TU 5

AAoA: 4 years

Credit History Length: 13 years

Income: $65K - $74K

Negatives: No baddies or late payments

[ultimaterewardsguy357]

Data Points:

Revolving Account History

1. Chase Freedom Unlimited product changed to Flex, $500, opened 6/2016 (AU)

2. Citi Double Cash Card, $9,000, opened 3/2017 (AU)

3. CapOne QS1, $1,100, opened 5/2018, closed on 6/2020

4. CapOne Secured, $501, opened 9/2019, closed 10/2020

5. Discover It Cash Back, $2,000, opened 12/2019

6. Merrick, $2,500, opened 1/2020

7. Amex Gold Card, No Pre-Set SL, opened 3/2020

8. Chase Sapphire Preferred, $7,500, opened 9/2020

9. Chase Freedom Flex, $2,000, opened 10/2020

10. Blue Business Plus, $2,000, opened 1/2021

11. The Platinum Card from Amex, No Pre-Set SL, opened 1/2021

5/24 Status: 6/24 at the time of application. 7/24 with the new Platinum addition.

UTI: 13%

FICO 8 Base Scores: EX 771, EQ 757, TU 757

Total No. of Inquiries: EX 4,  EQ 5, TU 11

Inquiries in the last 6 months: EX 1,  EQ 0, TU 2

Inquiries in the last 12 months: EX 1, EQ 3, TU 5

AAoA: 4 years

Credit History Length: 13 years

Income: $65K - $74K

Negatives: No baddies or late payments

[ultimaterewardsguy357]

Data Points:

Revolving Account History

1. Chase Freedom Unlimited product changed to Flex, $500, opened 6/2016 (AU)

2. Citi Double Cash Card, $9,000, opened 3/2017 (AU)

3. CapOne QS1, $1,100, opened 5/2018, closed on 6/2020

4. CapOne Secured, $501, opened 9/2019, closed 10/2020

5. Discover It Cash Back, $2,000, opened 12/2019

6. Merrick, $2,500, opened 1/2020

7. Amex Gold Card, No Pre-Set SL, opened 3/2020

8. Chase Sapphire Preferred, $7,500, opened 9/2020

9. Chase Freedom Flex, $2,000, opened 10/2020

10. Blue Business Plus, $2,000, opened 1/2021

11. The Platinum Card from Amex, No Pre-Set SL, opened 1/2021

5/24 Status: 6/24 at the time of application. 7/24 with the new Platinum addition.

UTI: 13%

FICO 8 Base Scores: EX 771, EQ 757, TU 757

Total No. of Inquiries: EX 4,  EQ 5, TU 11

Inquiries in the last 6 months: EX 1,  EQ 0, TU 2

Inquiries in the last 12 months: EX 1, EQ 3, TU 5

AAoA: 4 years

Credit History Length: 13 years

Income: $65K - $74K

Negatives: No baddies or late payments

[kidink1911]

Congratulations and welcome to the AMEX Platinum family!! 

[Credit4Growth]

Honestly... I can  not imagine how nerve racking that waiting time may have been for you...

Super congratulations to you on patience, your recons and approvals!!!

[ultimaterewardsguy357]

---

@Credit4Growth wrote:

Honestly... I can  not imagine how nerve racking that waiting time may have been for you...

Super congratulations to you on patience, your recons and approvals!!!

---

You have no idea, @Credit4Growth. I feel like I aged 1 year in waiting, haha. But at least I got approved a week apart and for that I am eternally grateful. I know I am a rare case.

[AllZero]

Congratulations on your approval!

[cashorcharge]

That's great!! Congratulations on your approval and happy it worked out in your favor!!!

[Anonymous]

Glad to hear that the additional hoop-jumping ultimately resulted in the approval you wanted!

[Anonymous]

Congratulations!

[MyFault]

Congrats on your approval!

[JoeLuvsHisCredit]

Congratulations