- Centurion Member
- Posts: 4913
- Joined: Sun May 20, 2012 4:35 pm
- Location: WI
I know because I got my EX report, and saw all the softs on it.
Long story but many years ago (2002) I had two cards, a green and their new (at that time) blue, and burned them for a relatively small total amount on both. In April of this year for kicks and giggles, not expecting to see anything I used their "pre-qualified" too and found I was there on many of their cards. Just for the hell of it, not expecting success at all, I app'd for Zync. Instant approval. I can tell you I almost fell out of my seat. I went on to get a Gold card, and then a BCP with them within 6 weeks. I then wanted a travel card and thought well so far so good I'll app for Platinum (you might argue that's pushing your luck and maybe so, but if they don't want you having credit, why approve you would be my response. Both parties have to agree and they have the free will to decline). Declined. I didn't mind the decline, to be honest, it was the reason - the reason stated was something to the effect that Amex had closed my previous accounts. I've since learned that's the message you get when you are on their blacklist. I checked my EX report to find I kid you not at that point (June) they were softing my credit about every day. That is no exaggeration at all. I must have made them really nervous, or they finally figured out I had burned them before and didn't pay them back, so they blacklisted me, but I still had cards open with them. I closed the cards, after paying them in full (AND after using my rewards points, why not use them I earned them) and I am on their blacklist. I know this because I did apply for the Delta card in July (still wanting a travel card and not realizing then that I was blacklisted by them) and there was NO hard pull for it. If you app for an Amex and you don't get a hard pull on a decline, either you are a current member, or you are blacklisted, so we can figure out which one I am pretty easily.
I told you it was a long story and it's not every bloody detail but since you asked....honestly I don't know the reason why I'm on their blacklist other than I burned them years ago, they gave me cards apparently by mistake (I slipped through the cracks) and they eventually caught it and decided to blacklist me again, or apping for those cards made them nervous (though for some unfathomable reason if that's true they approved three of them). They do things their own way and they aren't going to share the details with you, so I honestly don't know their end of it, that's just what I pieced together on my own.
No, they have to have a legitimate reason for a hard pull, according to what I've read they can't just pull anyone they feel like it any time they feel like it. That's illegal I know that. They can IF you have a business relationship with them, HOWEVER no one that I'm aware of does that to customers in good standing, it would ruin the business relationship - would YOU keep an account open if say one of your creditors was hard pulling your credit every day just because they can? Hell no, no one would, it would crash your credit.
Amex and I have no business relationship whatsoever at this time. I'm on their blacklist and they've made mine as well. I thought about it, and I realized I didn't really want an Amex. My other cards give me everything Amex does but impressing the chicks - that's really ALL Amex is about "prestige" that "rich" people have them. Otherwise what do they give you that your other creditors can't? (Besides backdating)? As far as disputes they are known to be on your side, but frankly in 2001 I had a dispute and it went for 6 months before Amex finally decided in my favor back and forth - it wasn't automatic at all. Recently I disputed one charge on my Cash + and US Bank decided in my favor immediately and in 2 days I had a letter saying that. How much better than that is Amex? None I'd bet.
Anyway that's neither here nor there, but I have no relationship with them and no desire to begin one even if it were possible. I don't blame them for not trusting me, and based on what I saw I really don't trust them either so it's better this way, but we do not have any business relationship whatsoever and it won't be happening either.