Amex F/R Master Thread

[srap]

prepaying can maybe be an issue because you are circumventing your spend limits, here you are not using the credit to "artificially increase" your limit.

Is it just as bad to pay off the charges midmonth to avail more credit to charge for the rest of the month?

[Yehuda25]

Is it just as bad to pay off the charges midmonth to avail more credit to charge for the rest of the month?

no one can definitely answer that question, though I would think it's definitely better than prepaying.

[yochiek93]

Is it just as bad to pay off the charges midmonth to avail more credit to charge for the rest of the month?

No you are paying the bill not circumventing your credit limit

[Yehuda25]

No you are paying the bill not circumventing your credit limit

still spending more per month than they intended, I got into a huge fight with Bofa a long time ago about this.

[srap]

Got it.  Ty.

Amex is calling almost daily without leaving a message.  Is this a bad sign?  When I call back it just asks for my CC number.  It does not identify a department.

BTW, businesses (and certainly the CC companies) have caller ID even for unlisted and individually blocked-for-that-call number.  IOW, there is no such thing as an anonymous call if they have your number in their system.

[TimT]

Got it.  Ty.

Amex is calling almost daily without leaving a message.  Is this a bad sign?  When I call back it just asks for my CC number.  It does not identify a department.

BTW, businesses (and certainly the CC companies) have caller ID even for unlisted and individually blocked-for-that-call number.  IOW, there is no such thing as an anonymous call if they have your number in their system.

How do you know its amex calling ?

[srap]

How do you know its amex calling ?

GIYF

Is it better to wait for them to leave a message or will calling them back satisfy their need for whatever and preempt them taking it a step further by formally starting "something", ch v'sh?

[Yehuda25]

Got it.  Ty.



BTW, businesses (and certainly the CC companies) have caller ID even for unlisted and individually blocked-for-that-call number.  IOW, there is no such thing as an anonymous call if they have your number in their system.

-1

[etech0]

oh dear, this is not that complicated, ill spoon feed you.


Paying twice that leaves a credit is not considered pre-paying. For example, if one has a 10k limit, then prepays 2k then spends 4k then he did not increase his limit.


If he prepaid 2k, then spent 12k he increased his limit by prepaying.

So now he has a 5k credit balance. If he then goes and spends 5k more than his CL, would THAT be the trigger?

[Yehuda25]

So now he has a 5k credit balance. If he then goes and spends 5k more than his CL, would THAT be the trigger?

that would be considered prepaying. Whether prepaying actually is a trigger is a whole different discussion.

[etech0]

that would be considered prepaying. Whether prepaying actually is a trigger is a whole different discussion.

got it

[Mr. CC]

The third party check trigger, is that the check doesn't say your name on top, or that it's not payable to Amex?

[Yehuda25]

The third party check trigger, is that the check doesn't say your name on top, or that it's not payable to Amex?

The former

[afro]

If I apply for new cc right after FR will there be hard limits imposed?

[yochiek93]

If I apply for new cc right after FR will there be hard limits imposed?

Ymmv

[D93]

If I apply for new cc right after FR will there be hard limits imposed?

IME no.

[Mplace]

so i applied for someone and got approved started to do the spending..
a charge got declined mind you no charges when through yet, called up, got fwd to fr asked all the q and basically told me im good to go but i still need to clear up the fraud so hell transfer me ...
the next person asked personal info then asked me for a code they left me in voicemail which i didnt have kuz they didnt send so she said they will call me again ,
never had this b4 normal?

[cholent]

so i applied for someone and got approved started to do the spending..
a charge got declined mind you no charges when through yet, called up, got fwd to fr asked all the q and basically told me im good to go but i still need to clear up the fraud so hell transfer me ...
the next person asked personal info then asked me for a code they left me in voicemail which i didnt have kuz they didnt send so she said they will call me again ,
never had this b4 normal?

Second part sounds like standard fraud clear up. They have to call you at a number on your acct (sometimes I've had them insist on the home number only) or they leave a voicemail on that number with a code

[Yehuda25]

Second part sounds like standard fraud clear up. They have to call you at a number on your acct (sometimes I've had them insist on the home number only) or they leave a voicemail on that number with a code

regular fraud

[cholent]

regular fraud

Not sure what you're adding, that's what I said