Author Topic: Spending Threshold (Read 4626 times)

Yid21 · « **on:** November 21, 2012, 11:01:19 AM »

I recently got approved for Chase Ink Biz, so now need to meet threshold. I have credit line of 5K, how much should I be worried about spending in the 1st month, is close to 5K too much? Would it be any better to pay off some of the balance before the statement comes due?
Thanks!

PETERP · « **Reply #1 on:** November 21, 2012, 11:20:15 AM »

Quote from: Yid21 on November 21, 2012, 11:01:19 AM

I recently got approved for Chase Ink Biz, so now need to meet threshold. I have credit line of 5K, how much should I be worried about spending in the 1st month, is close to 5K too much? Would it be any better to pay off some of the balance before the statement comes due?
Thanks!

It would depend on your overall Credit Limits across all cards . if you only have the one or two cards , Yes you could pay half of 5 K mid cycle but leave a decent amount for statement closing to show
a mid sized balanced paid on time

Dan · « **Reply #2 on:** November 21, 2012, 11:23:14 AM »

Quote from: Yid21 on November 21, 2012, 11:01:19 AM

I recently got approved for Chase Ink Biz, so now need to meet threshold. I have credit line of 5K, how much should I be worried about spending in the 1st month, is close to 5K too much? Would it be any better to pay off some of the balance before the statement comes due?
Thanks!

You can spend the $5K right away it won't matter as business card spending isn't reported.

GrabFam88 · « **Reply #3 on:** February 23, 2015, 02:48:30 PM »

Whats the best way to meet these spending thresholds these days?
I used to use Amazon payments...

dealfinder85 · « **Reply #4 on:** February 23, 2015, 02:53:34 PM »

Quote from: GrabFam88 on February 23, 2015, 02:48:30 PM

Whats the best way to meet these spending thresholds these days?
I used to use Amazon payments...

start reading
http://forums.dansdeals.com/index.php?topic=45709.0

Freddie · « **Reply #5 on:** February 23, 2015, 03:06:41 PM »

Quote from: Dan on November 21, 2012, 11:23:14 AM

You can spend the $5K right away it won't matter as business card spending isn't reported.

Interesting advice from Dan. Was this before you knew that spending most of your CL on a given card could be an A/A trigger?

noturbizniss · « **Reply #6 on:** February 23, 2015, 11:50:08 PM »

Quote from: Freddie on February 23, 2015, 03:06:41 PM

Interesting advice from Dan. Was this before you knew that spending most of your CL on a given card could be an A/A trigger?

Welcome to the quote a 3 year old post club. Only thing missing is actually reviving the thread. Maybe next time

keemster26 · « **Reply #7 on:** February 23, 2015, 11:54:26 PM »

Quote from: Freddie on February 23, 2015, 03:06:41 PM

Interesting advice from Dan. Was this before you knew that spending most of your CL on a given card could be an A/A trigger?

Even on a business card?

Freddie · « **Reply #8 on:** February 24, 2015, 12:01:26 AM »

Quote from: noturbizniss on February 23, 2015, 11:50:08 PM

Welcome to the quote a 3 year old post club. Only thing missing is actually reviving the thread. Maybe next time

I think my words themselves made it pretty clear that my whole point was that I was quoting a three year old post.

keemster26 · « **Reply #9 on:** February 24, 2015, 12:02:57 AM »

Quote from: Freddie on February 24, 2015, 12:01:26 AM

I think my words themselves made it pretty clear that my whole point was that I was quoting a three year old post.

You're right. I should have been more careful when reading.

noturbizniss · « **Reply #10 on:** February 24, 2015, 12:05:19 AM »

Quote from: Freddie on February 24, 2015, 12:01:26 AM

I think my words themselves made it pretty clear that my whole point was that I was quoting a three year old post.

Fine. Your out of the club then! Paying comments with a purpose and valid questions! How dare you!

yyss · « **Reply #11 on:** June 02, 2015, 01:57:22 PM »

i know is sound like a noob what is the easiest way of unloading MC Debit GC it came with a pin inside pckg? (I tried MO at WM and would not except... does it take 24 hrs for funds to be availible?)

etech0 · « **Reply #12 on:** June 02, 2015, 02:28:39 PM »

Quote from: yyss on June 02, 2015, 01:57:22 PM

i know is sound like a noob what is the easiest way of unloading MC Debit GC it came with a pin inside pckg? (I tried MO at WM and would not except... does it take 24 hrs for funds to be availible?)

redcard

Marco Polo · « **Reply #13 on:** June 02, 2015, 02:30:40 PM »

Quote from: yyss on June 02, 2015, 01:57:22 PM

i know is sound like a noob what is the easiest way of unloading MC Debit GC it came with a pin inside pckg? (I tried MO at WM and would not except... does it take 24 hrs for funds to be availible?)

WM will not take GC's now, the system has been hardcoded.

There was a time where OV worked with a workaround, but not sure that still works.

Adam101 · « **Reply #14 on:** June 02, 2015, 02:42:48 PM »

Quote from: Marco Polo on June 02, 2015, 02:30:40 PM

WM will not take GC's now, the system has been hardcoded.

There was a time where OV worked with a workaround, but not sure that still works.

WM does take GC for a MO. I did it last week.

Marco Polo · « **Reply #15 on:** June 02, 2015, 02:44:12 PM »

Quote from: Adam101 on June 02, 2015, 02:42:48 PM

WM does take GC for a MO. I did it last week.

~~Which card did you use?~~ MB works, Vanilla doesn't. I'm remembering now.

Adam101 · « **Reply #16 on:** June 02, 2015, 02:46:49 PM »

Quote from: Marco Polo on June 02, 2015, 02:44:12 PM

Which card did you use?

Background: with a 5x card to grocery, I bought a $500 Visa card. Not able to load those to RC. (didn't know). So with that GC I bought... a $500 GC right from a WM isle! Then went to CS and got a MO. So simple!

kangarruu · « **Reply #17 on:** June 02, 2015, 06:25:49 PM »

Quote from: Adam101 on June 02, 2015, 02:46:49 PM

Background: with a 5x card to grocery, I bought a $500 Visa card. Not able to load those to RC. (didn't know). So with that GC I bought... a $500 GC right from a WM isle! Then went to CS and got a MO. So simple!

Why weren't you able to load it to RC?

Adam101 · « **Reply #18 on:** June 02, 2015, 06:29:21 PM »

Quote from: kangarruu on June 02, 2015, 06:25:49 PM

Why weren't you able to load it to RC?

Not sure. It was at Kroger in the Midwest. Something about the PIN number coming inside possibly but I threw out the packaging before I can find out so I was stuck with them so I just spent another $5 got t a gift card from wm

Jake The Snake · « **Reply #19 on:** June 03, 2015, 05:35:01 AM »

Hi,
First time poster.
Does anyone know if there are still ways to hit spending thresholds solely online, due to the fact that I live in Israel? I know there used to be Amazon Payments, and Serve, but is there anything else?

Thanks