Amex F/R Master Thread

[Jm1248]

But the tax returns are very low income <img src="http://s3.amazonaws.com/tapatalk-emoji/emoji17.png" /> if they base it on the tax returns then very little chances.  The only hope is that he can show new pay stubs that his income is really higher this year,  will they take that into consideration?

Oh I missed that part. I think that would be a ymmv. Gotta convince them to accept it

[TimT]

Oh I see what happened.... Let me explain: I thought the bulk of FR's came from spending related issues building up spend quickly, lots of spend on charge cards, very large purchases, and maxing out credit lines. I am basically asking if just the mere fact that cards are added simultaneously-would that be a cause? Or is it similar to just adding a bunch of AU's which isn't usually the cause?

Just from getting new cards it shouldn't be a cause. There's usually more. Unless if your CL is way over your income, that could occasionally be a trigger.

[pixi]

Oh I missed that part. I think that would be a ymmv. Gotta convince them to accept it

Anyone had any experience that proofing pay-stubs will pass?

[D93]

Is it my imagination, or has there been a significant increase in FR reports lately?

There is indeed a wave of FR going on right now.

[Yhgfkj]

There is indeed a wave of FR going on right now.

+1
im also busy now with 1 of my relatives f"r

[David Smith]

There is indeed a wave of FR going on right now.

Tragic for us law abiding citizens.

[rileywiles23]

Anyone had any experience that proofing pay-stubs will pass?

I had the same issue, where last years tax returns is significant less, by a large margin, then what my annual income is this year.
Both reps - my FR, and my wife's - did not even let me send in pay stubs to prove that we have a higher income then last years tax returns.
They just said we understand what your saying, and will take it into consideration. If they don't, then my CL will probably take a huge hit.

[Jm1248]

I had the same issue, where last years tax returns is significant less, by a large margin, then what my annual income is this year.
Both reps - my FR, and my wife's - did not even let me send in pay stubs to prove that we have a higher income then last years tax returns.
They just said we understand what your saying, and will take it into consideration. If they don't, then my CL will probably take a huge hit.

Hopefully that's all. How do you know they won't shut you down

[rileywiles23]

Hopefully that's all. How do you know they won't shut you down

I don't see any reason why they should close any personal cards. The tax returns show that we do have considerable income.
Although for business I can't be sure, bec. I don't have any tax proof for them - being that it ain't a real business. I don't think the few items I've sold in eBay can be considered a legit business.

[tzifanya54]

There is indeed a wave of FR going on right now.

Weeding out the bad guys before SBS?

[Jm1248]

Weeding out the bad guys before SBS?

I doubt the couple of people they shut down really makes a difference to them for sbs. If they really wanted to cut down on sbs they can just cap the amount of cards you can swipe

[cholent]

So I just received a phone call this am informing me I'm under fr. I'm sure it's due to higher than usual spending on my business cards (on iPhones...) I have decent regular income but negligible business income on my tax return. Can I expect to pass anyway? Would they possibly close my business cards but leave my personal cards open?

[DMYD]

So I just received a phone call this am informing me I'm under fr. I'm sure it's due to higher than usual spending on my business cards (on iPhones...) I have decent regular income but negligible business income on my tax return. Can I expect to pass anyway? Would they possibly close my business cards but leave my personal cards open?

You'll be safer saying that you business is new, and you don't have any Tax Returns yet, and if you can send in your personal.

[pixi]

I had the same issue, where last years tax returns is significant less, by a large margin, then what my annual income is this year.
Both reps - my FR, and my wife's - did not even let me send in pay stubs to prove that we have a higher income then last years tax returns.
They just said we understand what your saying, and will take it into consideration. If they don't, then my CL will probably take a huge hit.

When did you get the FR?  What's you status now?  They didn't want to take the pay-stubs at all?

[cholent]

You'll be safer saying that you business is new, and you don't have any Tax Returns yet, and if you can send in your personal.

Problem is this card is over a year old, and I already said my business was a few years old on my application at that time. In any case I'll be sending personal because my minimal business income is on my personal return

Also, will they let the pending iPhone charges go through?

[yossig]

anyone ever tried reopening same card after a FR? meaning "i" closed my cards before i finished swiping some of the bonuses. am i still under FR and if yes for how long? and they only make problems with new applic and not existing cards?? anyone a clue?

[Jm1248]

So I just received a phone call this am informing me I'm under fr. I'm sure it's due to higher than usual spending on my business cards (on iPhones...) I have decent regular income but negligible business income on my tax return. Can I expect to pass anyway? Would they possibly close my business cards but leave my personal cards open?

Any chance the name of your business is your actual name?

[Jm1248]

anyone ever tried reopening same card after a FR? meaning "i" closed my cards before i finished swiping some of the bonuses. am i still under FR and if yes for how long? and they only make problems with new applic and not existing cards?? anyone a clue?

General consensus is once you had a card you can not get the bonus if you reopen it, even if you never received the bonus.
Mixed opinions about how long to wait before reopening cards. Generally people wait 6 months. Upthread someone reported getting approved after waiting just 4 months.

[DMYD]

Problem is this card is over a year old, and I already said my business was a few years old on my application at that time. In any case I'll be sending personal because my minimal business income is on my personal return

Also, will they let the pending iPhone charges go through?

Ok so you can say it's a few years old but say that your accounted never filed yet.

[DMYD]

anyone ever tried reopening same card after a FR? meaning "i" closed my cards before i finished swiping some of the bonuses. am i still under FR and if yes for how long? and they only make problems with new applic and not existing cards?? anyone a clue?

They may still require you to send in the tax form.