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Old 08-22-2007, 02:45 AM
el tonto el tonto is offline
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Join Date: Aug 2007
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No. American Express is very picky on customers. CNBC once ran a story on AMEX and it said they reject 40% of all applications. This is compared to less than 10% for you average VISA/MC issuer. AMEX has an upscale image and they don't want average Joes with average Joe income and credit score holding their plastic (not refering to you). AMEX prefers to make money on merchant and annual fees over interest.
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