Does Amex India have a One card for first 90 days policy?

[CCEnthusiast1]

Hello Folks at Technofino!

I am using platinum travel for 2 months now and have already reached the milestone without manufacturing any spends. Since I've already reached the potential of the card I was thinking of getting the gold/platinum card for the 5X rewards and other lifestyle perks. But when I applied for the Gold the card got approved on the first page and also quoted "Your card is approved without the need for verification of income documents" But the card got REJECTED due to internal criteria on the last page. I asked amex helpline they said since Gold and Platinum are two different cards, I can apply the platinum and check. Did it after 3-4 days of being rejected and the exact same thing happened.

My ITR is 20 Lakhs, Cibil is 765 and I Hold the following - Plat travel, Sbi Cashback, Amazon Pay, Atlas and Onecard.

Any suggestions would be welcome 🙂

 

[Shubham330]

In amex kyc stays there for 90 days.

So that's the reason you didn't asked to do kyc or income docs. ..

The reaction has nothing to do with your existing plat travel card.

Ask amex for exact reason. If first level executives are not sure then you can drop mail to head-customerservicesindia@aexp.com for reason or to reconsider the application.

There is no cool off period when you are applying for diffrent cards but to apply for same card 90 days cool off applies.

In amex you can hold 2 credit and one charge card.

 

[MANAV28]

May be try applying using referral link..If you have plat travel, you should easily get gold charge card.

 

[Sriim]

Maybe CIBIL is not good enough for charge cards?

Any late payments in CIBIL history?

 

[SSV]

Hello Folks at Technofino!

I am using platinum travel for 2 months now and have already reached the milestone without manufacturing any spends. Since I've already reached the potential of the card I was thinking of getting the gold/platinum card for the 5X rewards and other lifestyle perks. But when I applied for the Gold the card got approved on the first page and also quoted "Your card is approved without the need for verification of income documents" But the card got REJECTED due to internal criteria on the last page. I asked amex helpline they said since Gold and Platinum are two different cards, I can apply the platinum and check. Did it after 3-4 days of being rejected and the exact same thing happened.

My ITR is 20 Lakhs, Cibil is 765 and I Hold the following - Plat travel, Sbi Cashback, Amazon Pay, Atlas and Onecard.

Any suggestions would be welcome 🙂

There must be something in your CIBIL profile that was hindering Amex to give you their Charge Card..

Charge Cards have a different eligibility ( more stricter) when compared to thier credti cards..
the possible reasons:
1) You are over leveraged. ie. Total approved CL on your unsecured credit accounts is say more when comparedto your total income..
2) You may looked credit hungry in the eyes of Amex ie spending more than 4L within 2 months on your PT
3) There may be some negative remark on your CIBIL profile which in the eys of Amex is not pleasing in issuing you their Charge card.
.
.etc
Like this there could be any other reason , we need to see wholistically to ascertain the possible reason..

Going Forward:

1) Stop applying for charge card, say for the next 6 months.
2) Reduce your credti exposure , if it is say more than 30 to 40 L in total.
3) Try to improve your credti score 765 is just okay , try to get it over 775 to 780..
GO thru the following to understand how CIBILscore works.

Thread 'CIBIL Score - A Practical Guide'

Jul 18, 2024

CIBIL Score - A Practical Guide

Discalimer: This is mainly for regular Credt Card users who pay all their dues before due date and wondering why their score is not increasing..
Here we dont discuss the cases where there were defaults and / or delayed payments..that is for another day..​

Ladies and Gentelmen,

Here is the much awaited post on CIBIL Score and how it works and what we should do to improve it over the period of the time..

Here I won't go in detail about how the score is constructed as there were numerous posts on the internet in explaining the CIBIL score...

• SSV
• cibil score
• Replies: 539
• Forum: Informative Threads

• 
• 
• 

all the best...


BTW: Answer to your question in your thread title:
No, there is no such policy of one card in the first 90 days from amex. There were many instances where people got all three cards wtihin the first 30 days ( ie. two credit cards + 1 cahrge card, which is the maximum you can get from amex) . but the trick here is to get all 3 cards in one go within 30 days, a charge card need to be applied as a first / second card. then you get all the 3 cards .. but for you could not get a charge card as a second card for some reason which is unique to you ...

 

[CCEnthusiast1]

0000000

May be try applying using referral link..If you have plat travel, you should easily get gold charge card.

I was using a referral link for both applications. Did not help.

 

[CCEnthusiast1]

Maybe CIBIL is not good enough for charge cards?

Any late payments in CIBIL history?

None, 253/253 payments are on time.

 

[CCEnthusiast1]

There must be something in your CIBIL profile that was hindering Amex to give you their Charge Card..

Charge Cards have a different eligibility ( more stricter) when compared to thier credti cards..
the possible reasons:
1) You are over leveraged. ie. Total approved CL on your unsecured credit accounts is say more when comparedto your total income..
2) You may looked credit hungry in the eyes of Amex ie spending more than 4L within 2 months on your PT
3) There may be some negative remark on your CIBIL profile which in the eys of Amex is not pleasing in issuing you their Charge card.
.
.etc
Like this there could be any other reason , we need to see wholistically to ascertain the possible reason..

Going Forward:

1) Stop applying for charge card, say for the next 6 months.
2) Reduce your credti exposure , if it is say more than 30 to 40 L in total.
3) Try to improve your credti score 765 is just okay , try to get it over 775 to 780..
GO thru the following to understand how CIBILscore works.

Thread 'CIBIL Score - A Practical Guide'

Jul 18, 2024

CIBIL Score - A Practical Guide

Discalimer: This is mainly for regular Credt Card users who pay all their dues before due date and wondering why their score is not increasing..
Here we dont discuss the cases where there were defaults and / or delayed payments..that is for another day..​

Ladies and Gentelmen,

Here is the much awaited post on CIBIL Score and how it works and what we should do to improve it over the period of the time..

Here I won't go in detail about how the score is constructed as there were numerous posts on the internet in explaining the CIBIL score...

• SSV
• cibil score
• Replies: 539
• Forum: Informative Threads

• 
• 
• 

all the best...


BTW: Answer to your question in your thread title:
No, there is no such policy of one card in the first 90 days from amex. There were many instances where people got all three cards wtihin the first 30 days ( ie. two credit cards + 1 cahrge card, which is the maximum you can get from amex) . but the trick here is to get all 3 cards in one go within 30 days, a charge card need to be applied as a first / second card. then you get all the 3 cards .. but for you could not get a charge card as a second card for some reason which is unique to you ...

Brilliant! Thank you so much for your response. I think credit utilization might be it. I do have a business loan which might be causing the issue.

 

[SSV]

Brilliant! Thank you so much for your response. I think credit utilization might be it. I do have a business loan which might be causing the issue.

Here it is .. this is most likely be the issue..