I can only speak for the Zync here, but I just received it with a CCT score of 650 on EX (I don't know my FICO sorry) my only baddie being a late payment less than 2 years old! I hear Amex isn't BK friendly so that may be an obstacle. But I admit to being completely surprised at my Zync approval with a my late being so recent. Being an AU on an AMEX helps alot.
My guess would be if you want to test the waters, go for the easy one (Zync) as you can always upgrade later if you're approved.
Starting Score: 610
I am not a risk management expert, but quite frankly I would have to assume that the odds of someone who filed bankruptcy (affecting multiple trade lines), is more likely to default than someone who has a charge off (more of an isolated event). Charge-offs can be explained a way, bankruptcy is a bigger obstacle.
Sorry about your decline, can always recon if you wanna give it another shot.
Check the stickies at the top of the page and/or the decline letter you get from AMEX. Call there recon(sideration) department and plead your case. A person will manually review your file and gives you a chance to push all your positive characteristics and potentially get the account opened. They have already done the damage by pulling your report, you might as well take a shot and see if you can get the account if you want it.
From all the reading and searches I've done here, there seems to be no rhyme or reason for why someone gets approved.
Thin history, but no negs= approval..
3 dergos on EX (as in my case), but good AMEX history= approval.
Low FICO score, still gets approved.
Decent Score, but AMEX doesn't like the CC's you currently have= denial.
Apparently they use their own algorithm, it's not just about your score.
However, from what I've read here, it seems alot more people get approved than denied so you probably have a decent shot.
edited to add: This is only for the ZYNC card.
Joe- which card did you apply for?
