Originally Posted by
southnorthwest
I have had American Express cards for over 8 years. Recently, I underwent an Amex Financial Review and submitted Form 4506-C. Based on the tax documents they received from the IRS, Amex closed all of my personal and business cards.
They told me that the information on my tax documents—specifically my reported income—did not align with my spending, so they decided to close my accounts. The reason for the closure was not rewards abuse. After the shutdown, I was still able to redeem all of my remaining Membership Rewards points.
I was also told that I am not blacklisted and that I can apply for new cards again at any time.
My question is: based on past data points, how soon might I have a reasonable chance of being approved for a new card? I’m trying to understand how long I should wait. Is one month enough, or is it more realistic to wait something like a year?
If Amex credit cards is anything like Amex BB, you may be in for quite a wait. I was shut down in 2016 for obvious abuse of my Amex BB card, but due to a glitch in the system in 2019, snuck back in for a single card. Have been shut out since for Amex BB. So....going on 10 years
Of course, with the whole shebang getting the axe next year, matters little.
But my advice to you, try about once a year. All they can do is say no, and you might get lucky or they might change their policy.