Thanks for the info... Would still be telling a fib though...!
Good luck to all who can get it!
When my girlfriend tried to get a ba amex card, she was turned down due to income initially but having spoke to them on the phone they took into account our household income and gave her the card. Might be an option for you
Agencies also record a credit search every time your credit report is looked at, for instance when you apply for a loan or buy something with interest free credit. These searches stay on your credit report for up to two years.
many lenders take a negative view of a large number of credit searches in a short period.
Programs: AA, BA, Mucci: Sir Roger des Directions Routières, PCR
Originally Posted by kryten22uk
Does applying for credit cards that you dont need (and end up cancelling after a month or two) harm your credit rating? I'd give this a go, but not keen on damaging my status.
I'm sure it's a risk, and the advice info on the credit rating companies' websites as well as moneysavingexpert.com point out that too many applications in a short time (whether successful or not) may indicate somebody in trouble and possibly a poor credit risk.
As I'm on the points accelerator* with my AmEx plat giving me 1.5 MR points per £ (which was effectively 3 BA Miles per £ for a short time), I'm giving this new opportunity a miss. £400 or so across two cards (OK, three with the grandfathered BA AmEx) could lead to diminishing returns.
Programs: Mucci (Chevalier de Sagesse), Betty Ford Alumnus
Thanks, Chaps! approved straight away.
I already have an ancient blue Amex card that hasn't seen use since I discovered FT and replaced it with the BA Prem card.
So far as the multiple cards / checks issue goes, mate of mine applies for (and gets) every zero-rate card out there, maxes them out buying Premium Bonds, pays them off when the 0% period is over by cashing in bonds (or tx balance to latest card).
He's never had an issue with credit checks and reckons the return you get on PBs isn't too bad right now.
Right. Now off to investigate best way to 'refer' this new card to Mrs Eyeswater! Thanks again,
Time flies like an arrow. Fruit flies like a banana.
I just noticed another benefit on the application page - double points on grocery/petrol spend;
Originally Posted by Amex Benefits
First year bonus
Spend just like normal on the things you buy every day like groceries and petrol and as a first year bonus, you'll earn double Membership Rewards points to spend on what you want.
So in actual fact do you get 2 points per spent on;
Originally Posted by Amex T&Cs
5. You will accrue Points in addition to this for certain transactions at the rate of 1 Point for virtually every full pound charged per transaction at major supermarkets and petrol stations for your first year of cardmembership.
So using this for your weekly shopping could be extra profitable.
Thanks for posting. I've just applied and been accepted, two days after the AA Amex application so I do hope it doesn't have too much of an impact on credit rating having lots of cards or making a number of applications!
Programs: VS, Carlson/SPG/Marriott Gold VA/IHG/LeClub Platinum OZ/HH Diamond(+) BA Silver QF NB
Just applied and got the 10 day delay on response
Wont be an issue, will just take longer.
This after I finally got a response from Amex Card Services. No, existing Gold Amex Charge Card holders are not entitled to the new benefits, not even the ongoing benefits like double MRs on all travel spend. Their advice was to apply, receive the new card, and then consolidate existing MRs with the new.