People who have many credit cards are often concerned about whether their cards will be canceled if they don’t use them frequently. What kind of negative effects will occur as credit cards are canceled? And do canceled credit cards influence your scores or make you appear on the blacklist? According to laws, banks indeed have the right to cancel your…
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Previously, we introduced the risk monitoring method by AmEx: Financial Review (FR), of which many churners are wary of. Today we are going to tell something more nightmare-inducing: Chase may close all your credit card accounts!! A-L-L credit card accounts! We write not to scare you, but instead to help you find the right way to establish a good relationship with banks!…
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I have wrote several posts here, which are completely effected by the strict writing style of other senior writers, taking How to Avoid Financial Review (FR) from Amex for example. This post has been wrote in an organized way, with strict writing style and usage of formal words. But I want to write the following post in a causal way as…
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Several days ago Amex finally introduced the 100k offer for the Platinum Card as well as ED and BCE’s 25k/$250, lots of people applied and were approved for these offers. At the same time, however, Amex strengthened their efforts on Financial Review and recent data points show many users going through this process. In this post, we will briefly introduce the…
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What should I do if my credit card application was rejected, what about pending (further review): Try reconsideration lines of banks in USA! Whether through Internet or go to branch in US, it is very common to apply credit card without instant reply. Tragedy occurs when “we are sorry” pops out immediately after clicking “apply”. Don’t be upset. Catch your breathe…
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We often see such kind of questions in comments or forum: How difficult is it to get XX credit card? What credit history do I need to get XX credit card? Well, the correct answer is always: It depends, YMMV (Your Mileage May Vary). But there are still some statistics from the data points online. Here let’s summarize the (conservative)…
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About Credit Card Application 1. Is there a limitation on the number (or credit limit) of Citi credit cards? There is no limitation of the number of credit cards you can have. But there should be a maximal total credit limit you can have on Citi, which is usually related to your credit history as well your annual income. 2….
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About Credit Card Application 1. Does Amex limit the number of cards individual can keep? Unlike other banks, Amex has a limit that individual can only keep no more than 4 credit cards, including personal cards and business cards. Note that this restriction is only for credit card, charge cards such as Platinum, Premier Rewards Gold (PRG) are not included, neither…
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I. About Credit Card Application: 1. Is there a limitation for the number (or credit limit) in Chase cards? Generally, there is no limitation of the number of card. But there is a limitation for everyone’s total credit limit in Chase. A common reason for applicants being rejected lies in excessing the total credit limit. If so, you could transfer…
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One common way to apply for credit cards is to apply for several cards in the same day, and repeat every three months, which is call App-O-Rama (AOR). The reason to do AOR is that it takes some time for the new accounts to show up on credit reports, so other banks can’t see the new accounts in the same…
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The tendency of credit card issuing policy differs from bank to bank in America. Even customers with very high credit scores might sometimes face a rejection: what is going on? Which bank should we try if we are looking for a high credit limit? Which bank offers the credit card that is the easiest to get approved? In order to find us…
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