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Amex
- Ramp up slowly to avoid a FR

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- No MO deposits
- No payments made by third parties


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« Last edited by Yehuda25 on January 07, 2019, 11:28:35 PM »

Author Topic: The "Don't Dos" of Credit Cards  (Read 8781 times)

Offline as2

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The "Don't Dos" of Credit Cards
« on: December 02, 2018, 06:44:04 PM »
Figured this thread would be a great resource for all, to compile a list of things spanning from super obvious, to not so obvious, that you might want to avoid doing with your credit cards. This would be the place to post your DPs as to what got you shut down, or the like.

I'll start with a simple one. Avoid large out of pattern purchases. Never a good idea to put a lot more than the usual spend on your card in a short span of time. this earned me a FR
« Last Edit: December 02, 2018, 06:52:51 PM by as2 »
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Offline ChaimMoskowitz

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Re: The "Don't Dos" of Credit Cards
« Reply #1 on: December 02, 2018, 06:57:01 PM »
Chase - No MO deposits or third party payments.
Wiki added.
I just found a new supply of forks!

Offline ludmila

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Re: The "Don't Dos" of Credit Cards
« Reply #2 on: December 02, 2018, 06:58:08 PM »
Figured this thread would be a great resource for all, to compile a list of things spanning from super obvious, to not so obvious, that you might want to avoid doing with your credit cards. This would be the place to post your DPs as to what got you shut down, or the like.

I'll start with a simple one. Avoid large out of pattern purchases. Never a good idea to put a lot more than the usual spend on your card in a short span of time. this earned me a FR
Thanks for starting this , will be very useful to all.
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Offline sam2015

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Re: The "Don't Dos" of Credit Cards
« Reply #3 on: December 02, 2018, 07:33:42 PM »
Never a good idea to put a lot more than the usual spend on your card in a short span of time. this earned me a FR

Can you please share on which CC this happened to you?

Offline as2

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Re: The "Don't Dos" of Credit Cards
« Reply #4 on: December 02, 2018, 07:55:55 PM »
Can you please share on which CC this happened to you?
Across 3 amex cards.
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Offline as2

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Re: The "Don't Dos" of Credit Cards
« Reply #5 on: December 02, 2018, 07:56:59 PM »
Memories last forever, make them while you can.

Offline 123ablack

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Re: The "Don't Dos" of Credit Cards
« Reply #6 on: December 03, 2018, 02:19:32 AM »
Thanks for starting this , will be very useful to all.
What exactly do you mean by no Third Party payments?

My wife has a chase freedom card with a 27k credit line which she rarely uses. She added her sister as an authorized user (sister has no credit at all) and now she's (her sister) heavily using it (marrying off) for the past few months she'd go into the local chase bank on or before the due date and pay the statement balance with cash. Is that something that something chase could look at as a negative?

If so, what's the right way to go about it?

Offline ual902

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Re: The "Don't Dos" of Credit Cards
« Reply #7 on: December 03, 2018, 02:46:37 AM »
What exactly do you mean by no Third Party payments?

My wife has a chase freedom card with a 27k credit line which she rarely uses. She added her sister as an authorized user (sister has no credit at all) and now she's (her sister) heavily using it (marrying off) for the past few months she'd go into the local chase bank on or before the due date and pay the statement balance with cash. Is that something that something chase could look at as a negative?

If so, what's the right way to go about it?
Safer not pay cash at chase bank, better deposit into a bank account then  pay the bill online just  to be safe, to many horror stories with in branch chase bank cash payments.

Offline ual902

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Re: The "Don't Dos" of Credit Cards
« Reply #8 on: December 03, 2018, 02:47:08 AM »
Just got the capital one venture, anything to look out for?

Offline MosheD

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Re: The "Don't Dos" of Credit Cards
« Reply #9 on: December 03, 2018, 05:43:51 AM »
Just got the capital one venture, anything to look out for?
Just keep in mind it reports like a personal card. So dont close with high balances

Offline lubaby

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Re: The "Don't Dos" of Credit Cards
« Reply #10 on: December 03, 2018, 06:48:22 AM »
Just keep in mind it reports like a personal card. So dont close with high balances
The Venture is a personal card..

Offline a good yeshiva bachur

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Re: The "Don't Dos" of Credit Cards
« Reply #11 on: December 03, 2018, 06:51:08 AM »
dont cycle CL on chase...

Offline MosheD

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Re: The "Don't Dos" of Credit Cards
« Reply #12 on: December 03, 2018, 06:53:59 AM »
The Venture is a personal card..
Oops, mixed up with spark

Offline tzifanya54

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Re: The "Don't Dos" of Credit Cards
« Reply #13 on: December 03, 2018, 08:21:16 AM »
dont cycle CL on chase...
Or Barclays, truth is no bank likes it, but I guess some are worse than others.

Offline ChaimMoskowitz

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Re: The "Don't Dos" of Credit Cards
« Reply #14 on: December 03, 2018, 08:43:38 AM »
Or Barclays, truth is no bank likes it, but I guess some are worse than others.
No issues with Amex.
I just found a new supply of forks!

Offline tzifanya54

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Re: The "Don't Dos" of Credit Cards
« Reply #15 on: December 03, 2018, 10:17:42 AM »
No issues with Amex.
I got an FR from them on a card I was doing that on... but it may have been because I was getting very close to the limit before paying it...

Offline ChaimMoskowitz

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Re: The "Don't Dos" of Credit Cards
« Reply #16 on: December 03, 2018, 10:42:02 AM »
I got an FR from them on a card I was doing that on... but it may have been because I was getting very close to the limit before paying it...
Did you ramp up slowly? I have hundreds on data points on this one.
I just found a new supply of forks!

Offline ual902

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Re: The "Don't Dos" of Credit Cards
« Reply #17 on: December 03, 2018, 02:48:12 PM »
Another Do and Don't: When needing to call the credit card company example chase, Amex, Citi, Capital one for fraud etc, always call from the phone number that is registered under the credit card, other wise there will be series of questions and sometimes they would even ask to fax or email  ID with a utility bill.

 Please post this on the Wiki.

Offline shulem92

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Re: The "Don't Dos" of Credit Cards
« Reply #18 on: December 04, 2018, 12:02:45 AM »
Another Do and Don't: When needing to call the credit card company example chase, Amex, Citi, Capital one for fraud etc, always call from the phone number that is registered under the credit card, other wise there will be series of questions and sometimes they would even ask to fax or email  ID with a utility bill.

 Please post this on the Wiki.
i always call with *67 and they confirm by sending a one time code to the phone number on file

Offline shulem92

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Re: The "Don't Dos" of Credit Cards
« Reply #19 on: December 04, 2018, 12:04:31 AM »
Chase - No MO deposits or third party payments.
Wiki added.
IME 3rd party ACH is just fine. its 3rd party checks which arent a good idea