Denied by Amex For Smart Earn Despite Meeting All Criteria

[chadsterpiece]

I applied for an entry level Amex Smart earn card recently and despite thinking I checked all the boxes I got rejected.

Here’s my situation:

• CIBIL score is 784 (which is supposed to be pretty good).
• Already have credit cards with a combined limit of over ₹10 lakhs from other banks.

But they still said no. The reason? Something vague about my internal score not matching their approval criteria.

It’s frustrating when you meet all the criteria and still get denied.

 

[akshayhs]

I am not really sure what happened here, but my guess is you might be overleveraged.

 

[CCPS]

Amex services in limited cities. Are you matching that criteria as well?

 

[chadsterpiece]

Amex services in limited cities. Are you matching that criteria as well?

Yes. I live in the heart of Bangalore.

 

[chadsterpiece]

I am not really sure what happened here, but my guess is you might be overleveraged.

If you mean I’ve taken out too many loans by that, I dont think so no. I’ve taken out a 5L loan on credit card on Apay ICICI and I’ve not missed one payment.

 

[chadsterpiece]

@BestBanker can you please help a buddy out