11-23-2010 06:05 PM - edited 11-23-2010 06:12 PM
So how does Amex decide how to adapt to your spending over time. Is there a set amount one should stay under right after acquiring this card?
I use it normally as I did my debit card & credit card. Since they require payment almost 1.5 months later from the my activation date 12-25-2010 payment, statement close 12-10-2010 I am sure to run up close to 1000.00 + including bills, food etc etc
I keep reading people getting cut off without warning or declined, so I am curious how they decide to top your "no spending limit"
I really don't want that to happen at a dinner or something embarrassing - would prefer to use the citi card if theres a top off you guys know from experience or word of mouth.
I have the Zync Charge card
11-23-2010 06:16 PM - edited 11-23-2010 06:26 PM
I use my new AMEX as my Debit Card replacement and pay them weekly (if not more frequently), since I have the money anyway - I am racking up points but never have a high balance. I did get FR'd 7 days after getting the card, but after a week it was completed and I still have "no spending" limit. Oh and I have spent about $2600 this way already this month and only have like $400 which I will pay when the statement cuts.
I would think it would be based upon your income and usage/payment patterns.
11-23-2010 06:18 PM
As far as I know with your history with them. I just used mine twice for a total of 50 dollars and paid it off as soon as both charges showed up. Not going to use it again for a couple weeks. I'm not trying to send off any red flags. a 1000 bucks you put on it already?
11-23-2010 06:21 PM
No, actually, once you have made a Pull payment via AMEX, then 30 days goes by, you can Pay Via AMEX website once per day! It is very convienient and I have 2 different banks setup that I can Pull from.
11-23-2010 06:26 PM
I have only made one payment so far. I think I may wait a few weeks to use the card again. By that point I should be able to make a payment once a day if I wanted to. If you are running up that much money that quickly on the zync card I think you are high risk for FR.
11-23-2010 06:35 PM
Just means you added your bank account and pull from it by making a payment via amex website.
a push payment would be a payment made on bill pay at your banks website
11-23-2010 06:47 PM
Hmm ok I do have my bank account setup already. However, still I am unable to post a payment it won't let me - says I don't have a balance. Dam n Blast I can see the bloody numbers!!
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