AMEX rejection

[Waddygib]

This probably isn't helping your cause at all.

Suspect churning is doing all the damage

 

[iamsuperandrew]

Suspect churning is doing all the damage

Everyone I have spoken to who has applied and been rejected has a history of churning

 

[Chrizztofa]

Everyone I have spoken to who has applied and been rejected has a history of churning

Out of interest, is there a definition of churning? Is it applying for X cards in a certain time frame, cancelling cards as soon as the bonus points arrive, or something else entirely?

 

[kpc]

Everyone I have spoken to who has applied and been rejected has a history of churning

And do you blame Amex/ banks?

 

[Airbumps]

Out of interest, is there a definition of churning? Is it applying for X cards in a certain time frame, cancelling cards as soon as the bonus points arrive, or something else entirely?

I'd very much like to know what AMEX's definition of churning is. I've been rejected by them three times in the past two years whilst due to churning (well, I presume so because no other banks have had an issue giving me credit and I am a churner! )

That said, I've been "clean" for about 8 months now and haven't applied for an AMEX in over 12 months...so I'd like to know when they consider me "reformed".

 

[burmans]

I'd very much like to know what AMEX's definition of churning is. I've been rejected by them three times in the past two years whilst due to churning (well, I presume so because no other banks have had an issue giving me credit and I am a churner! )

That said, I've been "clean" for about 8 months now and haven't applied for an AMEX in over 12 months...so I'd like to know when they consider me "reformed".

Having been stung in the GFC (by brokers who knew the criteria and abused the system) financial institutions these days are much more opaque about their credit criteria! Indeed my experience is that this knowledge is tightly held within the credit decisioning community, most other FI staff don’t actually know either.

 

[Dr Ralph]

Exactly one month later I have applied for the same card again. Got the expected "We will notify you of the outcome within 5 - 10 business days."

Not expecting a different outcome this time around. But given I have no other credit card that I can apply for until late 2026 I'll do the same application every month with AMEX until that date. At the very least I'll cost them the $1.70 price of stamp each time!

Letter from AMEX received today and dated the day before I applied! But not the standard rejection letter I was expecting.

The letter says that "we noticed that you submitted two applications for the same product, so we've cancelled the second one for you" and they are reviewing my application.

Seems strange as they rejected my first application a month earlier.

Perhaps I'll get the standard rejection letter next week.

 

[andyrb]

Perhaps I'll get the standard rejection letter next week.

Have you considered just not wasting your time?

They clearly have no interest in taking you on a customer.

To be blunt: you're simply making a fool of yourself.

 

[Dr Ralph]

Have you considered just not wasting your time?

They clearly have no interest in taking you on a customer.

To be blunt: you're simply making a fool of yourself.

Thanks for the advice.

I've been churning for more than 15 years. The game always changes. I acknowledge that some people don't have the ability to keep up with the changes and don't understand how things work. It's a game. Play or don't play, that's up to you.

I'll be applying again in exactly 1 month from the last rejection and as always I'll keep waiving as I turn left.

 

[levelnine]

The letter says that "we noticed that you submitted two applications for the same product, so we've cancelled the second one for you" and they are reviewing my application.

You're going to learn very quickly about Amex dupe app rules with this strategy

 

[andyrb]

waiving

*waving

 

[Chrizztofa]

Thanks for the advice.

I've been churning for more than 15 years. The game always changes. I acknowledge that some people don't have the ability to keep up with the changes and don't understand how things work. It's a game. Play or don't play, that's up to you.

I'll be applying again in exactly 1 month from the last rejection and as always I'll keep waiving as I turn left.

Not sure if it's appropriate to ask, but out of interest, are the multiple Amex applications appearing on your credit report?