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Monday, September 06, 2004

raspberries... to virgin cc?

i applied for a virgin credit card a while back. they rejected me.

today i find out from APESMA that they've renegotiated with AMEX, and can now offer a better deal to its members. i'm still using APESMA's previous CBA VISA gold card, but it's going to stop being free (hence being replaced by AMEX) so i'm going to stop using it. so now the AMEX card is now free of annual fees and rewards program fees... only downside being the perceived lower acceptance level of AMEX vs. eg VISA. my parents got AMEX a while back, but half the time they end up paying for stuff on my sister's VISA (and reimbursing her later) cos their AMEX isn't accepted where they need to use it.

anyways, i wonder whether my virgin cc application was rejected because i already have a credit card with a $10,000.00 limit... the rejection letter said something about some obligation or whatnot about not pushing people into (situations where they can incur) more financial debt.

or maybe it's the fact that i don't earn enough for their liking i mean their criteria of being a responsible lender... there's a box on the AMEX card application that asks if i earn more than $40k... it's one of four questions grouped under "if you can answer 'YES' to these questions, you may qualify for the Card."

hmm...
well...
umm...
that would be a noooooo... not quite!
*sigh*... actually it's not even close...

pooh to my $51.83-per-week-above-the-just-revised-minimum-wage job. maybe i need to redirect that raspberry...

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