Is Amex really utilization sensitive?

[enharu]

If you owe 3500 and pay only 35 dollars, that is going to be frowned upon by the bank, because they start to get worried if you are having issues paying back your debt. You can argue its 0% APR and your money is being invested somewhere to make more money, but to the bank they are losing money because they essentially loaned it out to you for 0% interests.

I would say pay at least 10% of your balance at the very least. You could always pay more, and swipe all your expenses onto that card instead of using cash or debit......that way you end up paying a lot, and using a lot. 

[Bobert22]

@youngandcreditwrthy

I think you'll be fine. I think what triggered the decline for him was the $35 payment he made. Just pay more than $35

When I get the BCP/BCE later this year I'm going to pay in full just to be on the safe side and not jeopardize my 3X CLi.

[youngandcreditwrthy]

Yeah!
My min pmt is $35. I think it's so silly that it's so low!! my Citi Diamond min pmt is only $20 lol!!! Ive thought about only paying the minimum just to keep my bank account bigger, but my learned credit habits would never dare let me just make the minimum on any card for the month. The flexibility is nice when I need it; there have been times when I was like 19-20 when I could only pay the mins. Lol but if I paid $35 on a $3000 balance, even at 0%, I'd be in debt for nearly a decade!!!! Lol I also run every single expense/expenditure I have through my credit cards and just use my cash to pay the bills! Ive gotten almost $200 in statement credits from Amex so far!!
Oh and bobert- I pif'ed my first two Amex statements and did get the 3xcli!!!!! My fico was like 690'ish, and I opened a Discover the same month! Good luck!

Thanks again yall!!:-)

[ryanbush]

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@youngandcreditwrthy wrote:
I knew I had read that somewhere!

If that happens to me, I will simply pay a large payment.

I never make just the min though. I always pay way more, if not pif.
Do you know like what percent of the balance his average payment was?
Im thinking if I pay at least 10-20% of the balance each month-that should keep me from getting a cli denial reason such as that.

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Sounds like that was with barclays (apple financing) which is a whole different animal then american express

[youngandcreditwrthy]

Barclay's likes me so far. My Travelocity Amex with them has a high balance, however; it still got a cli too at 6 mos. It's at 3.99%!!! Lol How could I not? I get tempted by low rates.