Credit Cards Center Credit cards from our partners
Reply
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

Re: Amex BCE usage

I just remember spec'lly reading a story about Amex aa on ppl for where they shop lol
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Frequent Contributor
Posts: 470
Registered: ‎08-14-2012
0

Re: Amex BCE usage


youngandcreditwrthy wrote:
Lol!! I just don't wanna upset the credit gods Hahahha but given that advice by I feel assured to blow up that Amex everywhere!! Heheheh

Mcd's is bad for your health btw!!!!

Have you ever seen one of those burgers left out for an entire year. It doesn't change. That means, if I eat enough of it, I will absorb the non-aging chemicals in it and stay young looking. Much cheaper than all those fancy creams women buy Smiley Wink

But. yes Amex makes a majority of their money off fee's. Amex has higher merchant fee's than most other CCC's which is why some places do not accept Amex cards.

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

Re: Amex BCE usage

Ohhh!!!! That's what I thought! Wow!! So Amex wont get made if I pof and they dont make interest income... Okay okay
Lol Ive often wondered if my mostly organic diet is a waste when I could get free preservatives from fast food LOL...
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Valued Contributor
Posts: 1,987
Registered: ‎06-25-2012
0

Re: Amex BCE usage

I just got turned down for 61 days cli but i actually waited until my 2nd statement ended to ask. I got my card on the mail on a saturday and by tuesday i had put 1100 on it, paid it off that friday and let it sit at 0 until my first stament ended. I have pushed close to 3k this month making multiple payments and the card stament reported this past 27 with a 0 balance. And still cli denied Smiley Sad
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Frequent Contributor
Posts: 470
Registered: ‎08-14-2012
0

Re: Amex BCE usage

Amex is a CCC that would rather you pay in full (hence their popular line of charge cards) . Amex prefers financially stable clients hence them being strict with approvals.

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.
Established Contributor
Posts: 869
Registered: ‎07-04-2012
0

Re: Amex BCE usage

I used 50% of the CL (average) for the first 2 months and just got approved for the full 3x CLI.So looks like it def varies according to each cardholder. Either way, I think high util and using it as daily card has better odds of approval than just charging minimum on it.

Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

Re: Amex BCE usage

I just personally hate high reported util... And I can't pif a $1750 (50% of my Amex limit) in full anyway lol
Wish I would have had this card to use to pay my tuition/books ( about 5 or 6k) and then pif!!!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Frequent Contributor
Posts: 358
Registered: ‎06-25-2012
0

Re: Amex BCE usage


youngandcreditwrthy wrote:
Lol!! I just don't wanna upset the credit gods Hahahha but given that advice by I feel assured to blow up that Amex everywhere!! Heheheh

Mcd's is bad for your health btw!!!!

It's called the Blue Cash Everyday. Use it for your everyday spending. Mine started out at a $2,000 limit and I ran it up to the limit in the first month. Paid in full and got the sign-up bonus the next month.

Established Contributor
Posts: 731
Registered: ‎12-14-2011
0

Re: Amex BCE usage

YMMV but I barely used my BCP the first two months and received a hefty 3X cli regardless. I spent maybe 100 bucks each month on the BCP and the rest of my spending on the green card for MR points. I called in and asked about the 150.00 statement credit for spending, and while that offer wasn't available they did give me a 100.00 statement credit immediately which was great. Spending on the card doesn't really seem to factor into the CLI decision as much as it may seem. Amex does want financially stable customers who use their products though.

“The real measure of your wealth is how much you’d be worth if you lost all your money.” ~Unknown
Citi Prestige World Elite Mastercard ($35,000.00), Merrill+ Visa Signature ($25,000.00), Amex BCP ($29,700.00), Amex Green (NPSL), Capital One Quicksilver World Mastercard ($10,000.00), Chase Ink Business Bold (NPSL)
TU-778 (12/03/2014))
EX (Plus) - 777 (10/21/2013)
EQ - 735 (April 2013)
Highlighted
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

Re: Amex BCE usage

Niiiiice! Oh, I def use credit!!! Unlike many of my peers who seemed to be scared to death of using cred, I certainly use it to my advantage lol... Most of my expenses are just fun things anyway... I have no debt other than cred cards and student loans, which is more than enough to manage! Hahhaa :-)

Thanks again y'all! Already made a space for Amex in my wallet hehehe :-)
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.