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AMEX default - will be 6 years in Jan 2024

2 Posts

in Credit cards
Hi all
I got into trouble in 2016-2018 and had a default on my Amex, along with late payments on a couple of other lines of credit. I have since tidied everything up and now have a solid credit history over the last 5 years and the default will come off my credit file in Jan 2024.
I got into trouble in 2016-2018 and had a default on my Amex, along with late payments on a couple of other lines of credit. I have since tidied everything up and now have a solid credit history over the last 5 years and the default will come off my credit file in Jan 2024.
Does anyone know if Amex will allow me to apply for another card after that? Or am I forever blacklisted?
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However most of that information comes from American sites, where it may or may not be applicable.
In the UK the limit for keeping negative information on file is 6 years, some companies may exceed that.
The general consensus of opinion is that if you ever cost them money, you may have a long wait.
The only way to find out is to re-apply, and see what happens, although to be honest, I can`t see the attraction of an Amex card myself, but then I don`t use credit any longer anyway.
Free cashback or air miles? Section 75 protection? Good customer service?
Paid back just under £50,000 due to some interest added.
Dealt with my debt through a Step Change (CCCS) DMP.
DMP Mutual Support Thread Member #240.
Another option might be to change your existing Barclaycard Rewards in to a (free) Avios card, which earns 1 Avios per £, which can easily be converted to 0.66p worth of Nectar (when redeemed at face value at Ebay, Argos or Sainsbury's), and has the advantage of working in places where Amex isn't accepted and no £3k minimum.