Thanks for all the responses. So, he decided to pull the trigger anyway....he wanted back in with Amex. Approved...he decided to try his luck & app for the BCE card too. Here is where it got interesting....
It immediately gave him a counter offer that essentially removed the bonus and the 0pct APR. Gave him a $500 SL with a credit Steps offer. Email sent immediately after he accepted with the terms.
Here are the terms:
1. Use the card. He must have a balance due at the end of each month.
2. Must pay at least the minimum on time each month. After the 5th statement he should see an increase unless he receives an increase earlier.
we are new to this forum but definitely haven't read about this. He's pumped because he was able to get back in with Amex so soon after DC. Now I'm sending him off to garden with me.
