Amex Financial Review Credit Card?

[ADARPegasus]

So i have a curiousity question. I have a Amex Gold Card and i canceled it because they made me do a financial review every year. So my question is I am going to apply for a Amex Everyday Credit Card. Do they do Financial Reviews on there credit cards to or only on there charge cards? Any have any experience with this?

[Anonymous]

---

@Jonbuck06 wrote:

So i have a curiousity question. I have a Amex Gold Card and i canceled it because they made me do a financial review every year. So my question is I am going to apply for a Amex Everyday Credit Card. Do they do Financial Reviews on there credit cards to or only on there charge cards? Any have any experience with this?

---

@Jonbuck06,

If they do that to you every year then there is a strong chance it will be done on the revolver also...

[ADARPegasus]

I think its ridiculous. you would just think they would do it like once every 3 years or something not once every year.

[Anonymous]

---

@Jonbuck06 wrote:

I think its ridiculous. you would just think they would do it like once every 3 years or something not once every year.

---

I agree.. That is just crazy..  What is their reason for wanting to do it every year.  Do you know?

[ojefferyo]

---

@Anonymous wrote:

---

@Jonbuck06 wrote:

I think its ridiculous. you would just think they would do it like once every 3 years or something not once every year.

---

I agree.. That is just crazy..  What is their reason for wanting to do it every year.  Do you know?

---

There's something they are not liking about your profile, I've had AMEX back in the past and they never did it to me and I have AMEX now and they never wanted to do a FR yet.

[ADARPegasus]

Well I have a large income and they want to view my tax records every year to ensure i still have my job i guess or something.

[Shogun]

I've never had a FR from them.  Must be something on your CR that is raising a flag.  I have no idea.

[Anonymous]

Do you think maybe that the actual job/position is also criticized? Maybe jobs/positions with higher turnover are more at risk,etc...

I'm going through an FR right now - first ever. 

Opened 4 accounts in 2-3months with very high usage... all charge cards though so PIF's.  Gotta meet spend req's

[ADARPegasus]

idk haha maybe!

[ojefferyo]

---

@Jonbuck06 wrote:

Well I have a large income and they want to view my tax records every year to ensure i still have my job i guess or something.

---

A high income isn't going to cause them to want to do a FR on you every year unless you have some obsurd amount of open credit line with them and others