Author Topic: Misc Credit Card Questions  (Read 617214 times)

Offline lifetimedeals

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Re: Misc Credit Card Questions
« Reply #9105 on: January 03, 2020, 11:41:24 AM »
Can't hurt to, but not needed. It may get flagged as fraud either way.
Flagged even if I let them know before? Is a larger amount lets say $5k a red flag or doesn't matter amount?

Offline Pad18

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Re: Misc Credit Card Questions
« Reply #9106 on: January 03, 2020, 11:46:04 AM »
Flagged even if I let them know before? Is a larger amount lets say $5k a red flag or doesn't matter amount?

Doesn't matter the amount, it's all depends on your usual spend ...

But even if you get a fraud alert, it's nada, you will need to confirm that's you and that it.

Offline lifetimedeals

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Re: Misc Credit Card Questions
« Reply #9107 on: January 03, 2020, 11:56:08 AM »
Large purchases is better to put on Amex or chase? or split?

Offline ltttc

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Re: Misc Credit Card Questions
« Reply #9108 on: January 03, 2020, 12:10:30 PM »
Large purchases is better to put on Amex or chase? or split?
Definitely split.

Offline ltttc

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Re: Misc Credit Card Questions
« Reply #9109 on: January 03, 2020, 12:12:29 PM »
Flagged even if I let them know before? Is a larger amount lets say $5k a red flag or doesn't matter amount?
Won't matter if you let them know before. If it's an amount that's a lot more than you're usual spending pattern, that's a red flag. It will also matter if it's a new card - be more careful as more attention are paid to those.

Offline lifetimedeals

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Re: Misc Credit Card Questions
« Reply #9110 on: January 03, 2020, 12:18:59 PM »
Won't matter if you let them know before. If it's an amount that's a lot more than you're usual spending pattern, that's a red flag. It will also matter if it's a new card - be more careful as more attention are paid to those.
It's not a brand new card account but was downgraded to business unlimited lately, is that also considered like a new card?
« Last Edit: January 03, 2020, 12:28:22 PM by lifetimedeals »

Offline Joel2

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Re: Misc Credit Card Questions
« Reply #9111 on: January 03, 2020, 12:39:45 PM »
It's not a brand new card account but was downgraded to business unlimited lately, is that also considered like a new card?
No.

Offline yungermanchik

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Re: Misc Credit Card Questions
« Reply #9112 on: January 03, 2020, 12:50:19 PM »
What are you supposed to put down as income on a business cc sole-proprietor application: that particular business' income or your total income?

Offline ckmk47

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Re: Misc Credit Card Questions
« Reply #9113 on: January 03, 2020, 01:13:21 PM »
What are you supposed to put down as income on a business cc sole-proprietor application: that particular business' income or your total income?
My opinion:  If you're willing to use other income to pay off the business's credit cards, you can use other income.

Offline dealtastic

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Re: Misc Credit Card Questions
« Reply #9114 on: January 04, 2020, 02:58:11 PM »
Flagged even if I let them know before?
Letting them know appears to not do anything. I'm not even sure if it is stored anywhere, because it won't stop fraud alerts and when they call you to verify they don't seem to see that you let them know ahead of time.
Maybe to cut down on customer service calls, or  to put people at ease because for most people calling in purchases will go through regardless.

Offline chesky

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Re: Misc Credit Card Questions
« Reply #9115 on: January 05, 2020, 10:24:11 PM »
Does anyone know if i create a business, for example tutoring, am i going to have problems with the IRS in terms of getting taxed on that money if they see i have a business/business card?

Offline Pesach

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Re: Misc Credit Card Questions
« Reply #9116 on: January 07, 2020, 04:32:47 PM »
afaf if he has  a no annual fee Barclay aviator if he  wants to apply for a aviator on top of that  to get the sign up bonus again or should he  close the no annual aviator first? this was a no annual aviator that  was downgraded from previous sign up bonus aviator card .thank you in advance

Offline ckmk47

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Re: Misc Credit Card Questions
« Reply #9117 on: January 08, 2020, 12:01:16 AM »
Does anyone know if i create a business, for example tutoring, am i going to have problems with the IRS in terms of getting taxed on that money if they see i have a business/business card?
I don't think your business card is relevant.
Any money you earn is income and the government wants to tax it.  Sometimes people don't tell the government about income they receive. (cash, off the books...)

Offline chief_mag

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Re: Misc Credit Card Questions
« Reply #9118 on: January 08, 2020, 07:14:38 PM »
Just opened a new BoA checking account. First account with them.
What the most I can wire in without get my account flagged/money held up. 5k?

Offline Joel2

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Re: Misc Credit Card Questions
« Reply #9119 on: January 08, 2020, 08:45:22 PM »
Just opened a new BoA checking account. First account with them.
What the most I can wire in without get my account flagged/money held up. 5k?
Is this the correct thread?