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Oh dear, Amex BCP

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MustangSaluki
Regular Contributor

Re: Oh dear, Amex BCP


@codimom wrote:

Don't be surprised if you got the dreaded triple pull for your BCP.  I know I was borderline when I app'd for my BCE, got a triple pull and a 2k limit.  61day cli raised it to 6.  I will be eligible in March for the next one.  i run about 3k a month through this card, as its my daily spend card now. I think it will definately grow with you if you take care of it.

one thing i have noticed when using it for gas, some stations put a 100 hold on it, some put 50 (and those same stations only but a 50 hold on my mc). so just be aware of that until you get a little more head room on that cl. (and congrats on the approval)



I started prepaying inside at the registers to avoid the $100 charges. Downside is you really can't refuel completely, but I hate those temp $100 authorizations. Smiley Indifferent

Message 61 of 64
Revelate
Moderator Emeritus

Re: Oh dear, Amex BCP


@codimom wrote:

Don't be surprised if you got the dreaded triple pull for your BCP.  I know I was borderline when I app'd for my BCE, got a triple pull and a 2k limit.  61day cli raised it to 6.  I will be eligible in March for the next one.  i run about 3k a month through this card, as its my daily spend card now. I think it will definately grow with you if you take care of it.

one thing i have noticed when using it for gas, some stations put a 100 hold on it, some put 50 (and those same stations only but a 50 hold on my mc). so just be aware of that until you get a little more head room on that cl. (and congrats on the approval)


Actually that's the funny thing Codi: they only pulled EX.  I checked everything else from my spree and nothing got double-pulled at all from either Amex nor Chase, wierd.  Unless my bankcard EX is well higher than my EQ FICO I can't claim to understand it, certainly my baseline Classic '04 scores don't merit a BCP, hence my termining it an absurd approval. Smiley Wink.

 

Don't know, I slipped in on the Zync on a borderline app, and the BCP is way under what I considered to be traditional approval criteria, maybe they've loosened the standards, perhaps they like something in my individual report, or failling everything else I just got lucky.  A win is a win though in my book on a credit card approval.

 

The gas station issue comes up regardless of what card you're using at least on the Amex network, not sure on others.  Happened with the prepaid, happened with Zync, and doesn't surprise me it happens on BCP too.  I haven't watched my BOFA Cash Rewards card (VISA) I've been using for gas lately closely, but it probably happens there too.




        
Message 62 of 64
SpiceIslander
Frequent Contributor

Re: Oh dear, Amex BCP

Congrats on your approval! I'm really enjoying my BCP.

Meg.

FICO: 4/2016 - TU 841 | EQ 840 | EX 837

FNBO 23,600 | Amex SPG 13,900 | Amex BCP 13,400 | Barclays/Sallie Mae13,000 | Discover IT 12,500 | Lowes 10,000 | PLOC 9,300 | NASA FCU 8,700 | Citi Simplicity 6,200 | BOA Platinum+ 6,000 | Achieva CU 5,500 | Chase CSP 5,000 | Sam's Club 3,000 | Sears 900
Message 63 of 64
codimom
Frequent Contributor

Re: Oh dear, Amex BCP

I've noticed my normal station only puts the full 100 hold on amex... but since i got my 61day cli i don't freak out quite as much. i didn't like the look of my available credit being so low in the beginning....

Back in the garden!
App free since 23Oct2012 reset to 27Aug13 and reset again 4nov13
Message 64 of 64
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