Just called and confirmed, it's through referral they said.
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Amex Referral Program Vaildity
- Thread starter the_dark_knight
- Start date
No explain me the gestation cycle
if you don't know something, Google it first.No explain me the gestation cycle
Haven't found any entanglement of credit cards and gestation fruitation periods on Google , lol
Then bad luck
So be it
That_average_guy
TF Select
What income documents are required to apply? Like ITR and salary slip both or anyone is sufficient? Also what salary are we supposed to mention? Gross salary or take home salary (after tax deduction)?
Edit:
Also, needed some feedback from pro amex users here in the community. Is it worth having amex(mostly mrcc) if spends are minimal like 6-10k pm (use as secondary card)?
Edit:
Also, needed some feedback from pro amex users here in the community. Is it worth having amex(mostly mrcc) if spends are minimal like 6-10k pm (use as secondary card)?
Last edited:
Most of the times, yo won't be required to upload any income docs.
If required, Salary Slip is fine. and gross is fine
Thanks
I guess for salaries individuals, they fetch the itr and everything from income tax department via the pan number we provide
They are either asking pan no, if u don't provide pan then form 60 option is enabled.
I guess for salaries individuals, they fetch the itr and everything from income tax department via the pan number we provide
shutapdiya
TF Legend
No one can fetch such details from ITD ( except some govt. authorities )
At max from your PAN no, they can fetch is your Credit report which will have details (limits/ credit age, etc ) of your loans/ cards based on that only they will approve/ reject your CC application and determine the limit
How are they verifying if the income details filled in form is true or not? In my case, they didn't ask me to submit any document proof related to income/employment
shutapdiya
TF Legend
Based on some income proof you must have got other CCs and accordingly limit
Now that limit is mentioned in your CIBIL, based on the issuing bank, credit age and cc limit and the income that you mentioned in the application they can very well make the judgment whether you reported is correct or not. If they found any flag, they will get back to you asking for docs
If all things are good as per their criteria, you will get cc without documents
Okay. Does it help the cause more to have very high limit on a singel card , vs. High total limit but spread over several cards...
shutapdiya
TF Legend
yes, all CC limit or loans sanctioned amounts are given based on how much loan (in terms of cc limit or loan amount you already have) against what income you have reported
What is a good income per month vs total credit limit ratio?
yogobit
TF Select
At Amex we check ITR only if we do a soft pull & find problematic behaviour, otherwise it'll be pre conditionally approved
High limit on one card, as amex will try to issue a higher limit than your highest cc
shutapdiya
TF Legend
Sorry to disappoint you but this can be answered by someone who works in such dept. at bank and I am not one of them
All the queries that I answered above are based on my logical thinking and information available on internet
Okay, does soft pull showup in the enquiries section when we check cibil report?
No I don't think so. An enquiry is shown only in case of hard pull
Got my card delivered today finally and activated the same.
If anyone needs referral from me (fresh referral link with nobody applied from my link) do let me know, I will help
If anyone needs referral from me (fresh referral link with nobody applied from my link) do let me know, I will help
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