They are extending credit and there are laws around that. If you have good credit and they reject you could sue. In this case they haven't rejected you outright. I am also a customer of other products they offer so an out and out rejection is something they may avoid if you are credit worthy. They seem to be constantly fine tuning their rules to stop churners but if you slip through the cracks this might be a technique they use. It is rather obvious if you do the initial spend, get the points and then never use the card again and close it before the annual fee hits over and over. I was outright rejected for an AA card this year. I've had the card maybe 5 times already (but not in 2+ years). Citi seems to be stricter than Chase (I am under 5/24).SlowMovingInvestor wrote: ↑Sun Jan 19, 2020 7:43 pmIf they wanted you to go away, they could reject you off-hand, surely ?michaeljc70 wrote: ↑Sun Jan 19, 2020 6:09 pmI had the same for a Citi card. I sent them the form (this card is my everyday driver so I wanted it more than usual). It took two months, but I got the card. It is one tactic that they use so they hope you just go away.SurfCityBill wrote: ↑Sun Jan 19, 2020 6:05 pm My strategy was to open a Barclays World Elite MC to take advantage of an airline companion deal. I closed a similar account with Barclays (diff airline) about 16 months ago. That account was approved rather quickly (FICO 800+), no other debt. This time I received a letter asking me to forward a 4506-T form authorizing them to review my tax returns to verify income. I have no intention of allowing them that level of personal information for a basic credit card. Is this the new normal for credit card companies or do you think they're just playing hard ball with me due to the "recent" closure of a similar account?
I'm wondering if they use some other analytic data to decide whether to ask for income verification. And with any such method, there will definitely be false positives.
What is bad is if they don't clearly communicate all their rules. I don't want a hit to my credit report (inquiry) if I cannot get the card. Of course clearly communicating their rules makes it easier for people to work around them.