Author Topic: Amex F/R Master Thread (Read 1854587 times)

stevesteve · « **Reply #420 on:** June 05, 2011, 07:54:04 AM »

Quote from: elikay on June 05, 2011, 02:14:42 AM

FRs have been extensively discussed, if you can prove any income they will not shut you down. Its not uncommon to happen even to 10-20 year customers. Very often they'll audit more than one person at the same address. As far as taking care of the FR now rather than later - never heard of that (that you'd have a standing FR if you'd ever try to apply again).

I got FR 3 years ago. At the time I could not not provide them with paperwork they wanted so I got shut down. I then waited 2 years to reapply for a Amex did not get approval online and than got a letter requesting a 4506. I sent in the paperwork and got approved. Three months later I applied for another Amex and the same reoccurred.
The exact same thing happened to my wife as well.

aryeh1 · « **Reply #421 on:** June 05, 2011, 08:10:09 AM »

Quote from: Cholentfresser on June 05, 2011, 12:57:21 AM

even if you close an account, you still need to pay...

Quote from: elikay on June 05, 2011, 02:14:42 AM

FRs have been extensively discussed, if you can prove any income they will not shut you down. Its not uncommon to happen even to 10-20 year customers. Very often they'll audit more than one person at the same address. As far as taking care of the FR now rather than later - never heard of that (that you'd have a standing FR if you'd ever try to apply again).

I know but I'm sure some dont feel like paying them, when amex shuts their accts down. Im saying it would be smarter of them to do an Fr when there is a 0 balance

Cholentfresser · « **Reply #422 on:** June 05, 2011, 08:21:31 AM »

maybe they'd want to specifically do it when u have a nice size bill due, because if u don't pay up you get charged interest...

aryeh1 · « **Reply #423 on:** June 05, 2011, 08:29:07 AM »

Just wondering, if i made a purchase before the FR and the charge is in pending transactions-will it post to my acct since they froze it?

smurf · « **Reply #424 on:** June 05, 2011, 08:59:26 AM »

Quote from: aryeh1 on June 05, 2011, 08:29:07 AM

Just wondering, if i made a purchase before the FR and the charge is in pending transactions-will it post to my acct since they froze it?

most likely that it will

elikay · « **Reply #425 on:** June 05, 2011, 09:02:58 AM »

@stevesteve
There Amexshut your account, how about where you shut it first?

Cholentfresser · « **Reply #426 on:** June 05, 2011, 09:05:52 AM »

@elikay
do u think that would make a dif? it seems that its bc the FR, not bc of the account being closed...

miles · « **Reply #427 on:** June 05, 2011, 02:51:12 PM »

now i'm on the FR' list my 1040 is with 25k less then on my apps but i have proof of 25k that don't need to be reported on 1040 (T. return check and i have about 20k from rewards checks ) and my Rep. told me he want look on it

aryeh1 · « **Reply #428 on:** June 05, 2011, 03:56:33 PM »

do you still get the airline credit after a fr? the 100 credit didnt post yet

stevesteve · « **Reply #429 on:** June 05, 2011, 04:18:12 PM »

Quote from: elikay on June 05, 2011, 09:02:58 AM

@stevesteve
There Amexshut your account, how about where you shut it first?

I don't think it makes a difference, once your ssn is under FR I believe the next time you apply they gonna want documentation. At least that's what happened to me and that's what I understand from speaking with other people who have been through this.

AsherO · « **Reply #430 on:** June 05, 2011, 04:22:24 PM »

Quote from: Y. Dinovitzer on June 05, 2011, 12:42:06 AM

it seems like they fr in families, also if your father ever wants to get an amex card again, afaik he will need to take care of that fr might as well do it now

Not always. IME they didn't BH.

Quote from: stevesteve on June 05, 2011, 04:18:12 PM

I don't think it makes a difference, once your ssn is under FR I believe the next time you apply they gonna want documentation. At least that's what happened to me and that's what I understand from speaking with other people who have been through this.

YMMV, some people have reported not needing docs when applying some time later.

miles · « **Reply #431 on:** June 05, 2011, 10:23:50 PM »

Quote from: miles on June 05, 2011, 02:51:12 PM

now i'm on the FR' list my 1040 is with 25k less then on my apps but i have proof of 25k that don't need to be reported on 1040 (T. return check and i have about 20k from rewards checks ) and my Rep. told me he want look on it

is there any chance my cards will stay open or i should close my accounts

AsherO · « **Reply #432 on:** June 05, 2011, 10:26:42 PM »

Quote from: miles on June 05, 2011, 10:23:50 PM

is there any chance my cards will stay open or i should close my accounts

If you send them 4506T with income (even if it's low), your accounts will probably stay open.

aryeh1 · « **Reply #433 on:** June 06, 2011, 12:07:04 PM »

They basically financial reviewed my whole family within a few weeks. 1st my father than mother than me etc. Did this happen to anyone else ie. wife after you? it seems to run in families...

AsherO · « **Reply #434 on:** June 06, 2011, 12:10:47 PM »

Quote from: aryeh1 on June 06, 2011, 12:07:04 PM

They basically financial reviewed my whole family within a few weeks. 1st my father than mother than me etc. Did this happen to anyone else ie. wife after you? it seems to run in families...

It's been reported before, but this isn't always the case.

Q274 · « **Reply #435 on:** June 12, 2011, 08:50:36 AM »

Grrrrr- just got fr'ed all 5 of my cards

aryeh1 · « **Reply #436 on:** June 12, 2011, 08:53:57 AM »

Quote from: Y. Dinovitzer on June 12, 2011, 08:50:36 AM

Grrrrr- kjust got fr'ed all 5 of my cards

It seems like having a platinum = frd. My whole family got frd. Do you know what prompted it?

Cholentfresser · « **Reply #437 on:** June 12, 2011, 08:55:16 AM »

Q274 · « **Reply #438 on:** June 12, 2011, 09:34:22 AM »

Quote from: aryeh1 on June 12, 2011, 08:53:57 AM

It seems like having a platinum = frd. My whole family got frd. Do you know what prompted it?

no clue sorry did not do anything different recently than i have been doing since i got the platinum card in december.
Oh well will keep all updated iyh

mancunian · « **Reply #439 on:** June 13, 2011, 04:46:04 PM »

just got f/rd

had a plat & starwood.
signed up for gold and plat and was approved, got gold in the mail and activated it and made a little transaction.

made one transaction which was 40% of starwood limit just now. lady asked if i'm doing business transactions. i said no, i had thought about it, should i open a bus card for that? had a bit of a chat about that, then put me on hold and asked for my docs.

she said they may need to put limits on my charge cards, cause the bill has to be paid in full and thats hard... and the fees are soooo expensive, are you sure your able to pay so much? and on two plat cards?
she said if i want to cancel to call her.

should i call her to cancel all my cards or call the regular number?

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Author Topic: Amex F/R Master Thread (Read 1854587 times)