Hardest credit card to get? - Credit Repair Forum from Creditnet
Page 1 of 2 1 2 LastLast
Results 1 to 10 of 14
  1. #1
    Dani is offline Senior Member
    Join Date
    Dec 2000
    Posts
    1,847
    What are the hardest credit cards to get? Juniper, Amex Platinum, Centurion? Thanks in advance.

    Dani
    To repeat what others have said requires education; to challenge it, requires brains. (Mary Pettibone Poole)

  2.  
  3. #2
    GEORGE is offline Senior Member
    Join Date
    Mar 2000
    Posts
    20,468

    Re: Hardest credit card to get?

    Originally posted by Dani
    What are the hardest credit cards to get? Juniper, Amex Platinum, Centurion? Thanks in advance.

    Dani
    FOR ME...CITIBANK, JUNIPER, GETSMART, CAPITAL ONE...704 F.I.C.O.

    ...BUT OTHERS WITH <650 HAVE GOT THEM...

  4. #3
    joe
    joe is offline Senior Member
    Join Date
    Mar 2000
    Posts
    206

    Re: Hardest credit card to get?

    AMEX Platinum, Juniper, AMEX Cent.. Most cards are not "hard" to get.... For example.... CITI runs a profitability score on you. So, if your regular FICO, lets say, is 720, you may be declined if you appear to be a "deadbeat." (Meaning, pay in FULL most months). Other people, with, lets say, FICO of about 620, can get a great limit on a CITI Platinum, because they show a good "profitability" score. Everything is NOT based on a few generic FICO scores. These things are tweaked....

  5. #4
    PsychDoc is offline Senior Member
    Join Date
    Jun 2001
    Posts
    3,108

    Re: Hardest credit card to get?

    Joe, whenever you are declined for credit, the creditor is required by law to tell you the reasons you were declined as well as which bureau was pulled. Those reasons will always correspond to the four credit scoring factors which lower your score. Lately, some creditors have gotten around giving the four reasons in favor of simply referring you to the bureau for them, however someone needs to challenge that practice in court. In any event, "poor profitability potential" is not one of those reasons. You can NEVER be denied for credit simply because you may not carry a balance; that would violate federal law.

    Respectfully, I don't know where you're getting your information, but you're wrong. To borrow your example, a "720" with perfect payment history but who pays balances every month will be approved by Citibank -- unless, like George, you have a great number of available revolving lines of credit already (in George's case, something like $90k worth).

    As for the toughest card to get, Dani, my vote would be for the American Express Centurion Black. It requires perfect credit history as well as something like an average of $20,000 per month in demonstrated expeditures using another AmEx product during the past year. On top of that, you can only apply by invitation only, and the card is delivered by personal American Express courier. There is a $1000 annual fee. Benefits include free upgrades to Concorde service when purchasing certain transatlantic flights and a few other similar life necessities. A summary of benefits can be viewed here:

    http://home3.americanexpress.com/cor...ion_launch.asp

    Most people have never seen what an American Express Centurion Black card looks like. Someone posted an expired one on eBay not too long ago, and the picture can be viewed here:

    http://64.27.71.144/AmExCenturionBlack.jpg

    Doc

  6. #5
    joe
    joe is offline Senior Member
    Join Date
    Mar 2000
    Posts
    206

    Re: Hardest credit card to get?

    Doc,

    I appreciate your comments! I think I wasn't very clear. You are right, of course. My info comes like this: Assume you are in the normal "decline" range. Assume your profitability score is high...you may be granted an exception. This is NOT a violation in a case like this. Also, even if you are "approved" they can give you a super low limit due to your lack of a decent profitability score. That is key. No violation to use other types of score models to determine lines, rates, etc. The approval process must be even handed, but don't kid yourself, I know there is a LOT of "wiggle-room." If anyone thinks the process is applied evenly across the board, law or not, they are mistaken. Just what I have learned from friends.... :)

  7. #6
    PsychDoc is offline Senior Member
    Join Date
    Jun 2001
    Posts
    3,108

    Re: Hardest credit card to get?

    Aha... so if you have a score that would normally be declined but you appear to be a customer with a high potential for profit, they may grant an exception. That makes sense. Thanks for clarifying. Your "720" example threw me off. Interesting, Joe!

    Doc

  8. #7
    beary is offline Senior Member
    Join Date
    Aug 2001
    Posts
    128

    Re: Hardest credit card to get?

    Out of curiosity...why was a picture of a CC put on Ebay? Were they selling an expired card?!?
    TU 413 9/02 | ?? 10/02
    EX 556 9/02 | 552 10/12
    EQ 487 9/02 | 473 10/02
    --with dreams of reaching 800 in this lifetime!

  9. #8
    Cadillac408 is offline Senior Member
    Join Date
    Aug 2000
    Posts
    2,572

    Re: Hardest credit card to get?

    Originally posted by beary
    Out of curiosity...why was a picture of a CC put on Ebay? Were they selling an expired card?!?
    I'm curious and dying to know as well!

  10. #9
    GEORGE is offline Senior Member
    Join Date
    Mar 2000
    Posts
    20,468

    Re: Hardest credit card to get?

    I'LL GET AMEX CENTURION BLACK, BEFORE I EVER GET CITIBANK, JUNIPER, CAPITAL ONE, OR GETSMART!!!

    :)

  11. #10
    mindylou is offline Senior Member
    Join Date
    Jun 2001
    Posts
    223

    Re: Hardest credit card to get?

    George, haven't you figured it out yet? Those credit card companies won't give you their cards because THEY are NOT worthy enough to have you as a customer. YOU are just to darned GOOD for them. Go for the black, the rest of the cards is bottom of the barrell. LOL:)


    mindy

Page 1 of 2 1 2 LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Sign up for the Creditnet email newsletter.

Creditnet - Find the right credit card for you Best Airline Cards Best Gas and Groceries Cards Balance Transfer CreditNet Best Credit Cards for Building Credit

Find a
Credit Card

Research, compare, & apply

Bad Credit

0% Interest

Cash Back

No Annual Fee

search

Perusahaan Outsourcing Bekasi

Outsourcing Tenaga Kerja