RBI lifts ban on Amex India | Amex Indian can issue new credit cards

[TechnoFino]

Finally, RBI has lifted the ban on Amex India. Amex India can now issue new credit cards.
Here is the official order -



BTW, American Express India hasn't started accepting new applications yet. We have to wait a few more days for that. And then we'll be able to apply for new amex credit card 💳
Official document link- https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=54253

 

[kalathiyahadi]

@TechnoFino Is there any cool down period with Amex in case of application gets rejected?

 

[amit]

@TechnoFino Is there any cool down period with Amex in case of application gets rejected?

the usual 3-6 months

 

[aditya001]

is there any way to check how many enquiry happen in last 3 month and the latest inquiry that has happened, or do i have to wait for cibil refresh?

Same here. I have around 4-5 inquires in last 3 months.

 

[aditya001]

Does any know which credit report amex use when we apply for card. Cibil or experian?

 

[kalathiyahadi]

is there any way to check how many enquiry happen in last 3 month and the latest inquiry that has happened, or do i have to wait for cibil refresh?

Probably Cibil Paid. I keep 2-3 free places/app. I don't refresh at one place and just keep it spare whenever I need mostly.

 

[TechnoFino]

@TechnoFino Is there any cool down period with Amex in case of application gets rejected?

yes, if they reject your application... then you have to wait 6 months before applying again.

 

[DevD]

yes, if they reject your application... then you have to wait 6 months before applying again.

Is there any way of getting amex card withour itr or salary slip, like C2C or pre-approved card ?

 

[HB25]

Is there any way of getting amex card withour itr or salary slip, like C2C or pre-approved card ?

No