Should I apply now for Bilt Mastercard?

Age of the oldest account: 1 year but it was closed 6 months ago because of credit cycling; Age of running cc: 5 months with 9K limit (Amex); I also have an authorized Amex platinum card (primary card holder's credit history is more than 10 years but in a bad score range now); Utilization: 5% ; Score: 709 Fico, 731 VantageScore 3.0; I had applied for it 3 months ago and got rejected because of short history, low score and high utilization (it was above 50% with 3k limit) ;

Please suggest me what should I do?