Amex Platinum Cashback - Rejection 2

lisyloo

I think she's implying you're a bit thick Lisy

I didn't read it that way (the bits I scanned over) so if you're trying to stir up an argument forget it.
She's entitled to her opinion and to hold different views and I welcome polite debate.
If I have the time I will answer the essay when I'm not working.
But currently the situation is that Leetabix has proved nothing except the ability to write more than others have the time to read.
Should the OP win a case against AMEX then I would be delighted to hear about it and change my views.
I come here to have my views challenged and I'm always delighted to change them for the better.
But no-one has won anything yet except top marks in writing more than others can digest in their tea breaks.

Please do keep the thread updated if anything does happen with AMEX or any actual evidence (case history) comes to light.

leetabix

lisyloo wrote: »

Leetabix - sorry I don't have time to read your essay.
That isn't any kind of desire not to argue but I have to work today.

In one of two sentences what do you advise the OP to do about the situation?
Make a formal complaint to AMEX? or someone else?

Personally I think sometimes you have to accept you just aren't wanted for whatever reason and it's not necessarily the other party who are wrong. I think you are looking for someone else to blame as you don't like the answer they've given.

Thanks for the discussion and I accept everyone is entitled to their view but I simply don't have the time to read long essays today.

That's ok, I appreciate people work in the day (myself included, wasn't sure there'd be a further response in fact).

In terms of what I'd ideally like to happen - Ombudsman to amend the 'Guide to Credit Scoring 2000' by including a clause that when credit/internal scoring is the reason for rejection, the main contributing factor towards that score failing should be given to the customer. That'd be a good way to further what's in place already.

I agree it's not always the other person to blame - however, without the reason being known in the first place, you can't get to the root cause and figure out who/what is at fault .

I haven't wished to prove anything in terms of current law - I fully accept what I've proposed isn't represented in law - it's just a point of discussion on my part in what I think would be a good step in the right direction, in terms of something that would benefit the consumer. I think lisy and me both agree that Amex (or anyone else) currently have the complete right to refuse someone credit without any reason, just that I'd like it if this was changed in future regulation to allow consumers to have more information in understanding why their application was rejected when it seems hard to fathom when looking at their credit reports/score otherwise.

P.S I'm male by the way, rather than female - and speedbird, if my post comes across as negative towards a specific person I apologize profusely, I'm not looking for an argument, just a discussion of views of how things like credit applications could be made better in terms of providing information to applicants in the event of successful/unsuccessful applications. I only want to make friends here!

marksoton

planteria wrote: »

1" dont think AmEx would decline if you regularly pay your ballance off in full. They seem to encourage it, always pushing that option when you phone to set up a direct debit. And thier minimum payment is the highest in the bussiness at 10%."

2i agree. they are a charge card provder too, of course. they are very much in the business of providing 'spending' cards, and they generate huge incomes by doing so, charging retailers high fees in the process.

3if Amex reject a customer, or offer a low limit, it is because they are, for some reason or other, unconvinced that the customer can settle their account regularly & on an ongoing basis. i've been a "Member" of Amex since 2004, but still my limit is only £3700 (my MBNA limit is £32,500, which a. illustrates how comfortable they are with my ability to pay, and b. perhaps explains why Amex are so cautious).

Amex are funny bunch, but i wouldn't give up my cashback card as it's a very useful card to carry.

1 Good for them.
2 And providing me the cardholder with much enhanced benefits as a result. For doing nothing other than spending money i would anyway.
3 Sorry, but the bull just defecated. If your limit hasn't risen from 3700 that must be because your income hasn't. And to claim an MBNA limit of 32,500 is absurd. I trust this is across numerous lenders btw?

All of which is irrelevant really. Amex= pay your bill in full each month and you are rewarded. Do otherwise and you'll pay!

I'd love to know how they credit cut the chargecards btw, some idiot on saturday night underwriter call out must have to have a pair.. :rotfl::T

fabreu1

slackinside wrote: »

I bet they declined you because you are not over 25 years old. how old are you?

Your age shouldn't affect this, I am 23 and was accepted by Amex for the same card.