I thought I might just update anyone interested in my latest Amex experience.
I reapplied for the American Express Ultimate card last month. 5 months after my original rejection from American Express for the same card. Unfortunately there was no change and I was rejected once again.
I still needed a new credit card so I applied for the Qantas Premier credit card (I believe that's backed by nab now?) and within 3 days was approved and what was even more crazy in my eyes was that they gave me a $64,700/mth credit card limit!
Having received this credit limit, it makes me wonder what other rules are in place at American Express that helps them determine credit card suitability!
I understand American Express owes me nothing, but thought it crazy the credit limit one provider is happy to assign when another flat out rejects you!