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Regular Contributor
McArthur
Posts: 249
Registered: ‎12-24-2012
0

Re: Nice while it lasted - AMEX FR!

If you did cancel, you can reapply again in April, get a backdated card and when they FR you they can use your 2012 taxes.

Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012
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Re: Nice while it lasted - AMEX FR!


McArthur wrote:

If you did cancel, you can reapply again in April, get a backdated card and when they FR you they can use your 2012 taxes.


Good plan

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


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Valued Contributor
indiolatino61
Posts: 1,455
Registered: ‎11-10-2012
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Re: Nice while it lasted - AMEX FR!

I am always unhappy to hear Amex horror stories. Some people's experience with Amex seems to be so over-the-top unreasonable. I hope this gets resolved for you in a manner that you can live with.

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Frequent Contributor
Meltdownblitz
Posts: 374
Registered: ‎06-01-2011
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Re: Nice while it lasted - AMEX FR!


McArthur wrote:

If you did cancel, you can reapply again in April, get a backdated card and when they FR you they can use your 2012 taxes.


I was thinking the same thing.

 
Established Contributor
Pilotdude
Posts: 955
Registered: ‎02-02-2013
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Re: Nice while it lasted - AMEX FR!

Tell them you have a joint tax filing and the other party objects to providing the information to Amex.
It can't be separated and they cannot "force" someone else to capitulate.
Most of the time they will fall back to pay stubs, 1099s etc etc.

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Pilotdude
Posts: 955
Registered: ‎02-02-2013
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Re: Nice while it lasted - AMEX FR!

Ultimately though, they can do pretty much what they want. It is their account.

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Valued Contributor
indiolatino61
Posts: 1,455
Registered: ‎11-10-2012
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Re: Nice while it lasted - AMEX FR!


Pilotdude wrote:
Tell them you have a joint tax filing and the other party objects to providing the information to Amex.
It can't be separated and they cannot "force" someone else to capitulate.
Most of the time they will fall back to pay stubs, 1099s etc etc.

Is this accurate? This is the first time I have read this. It would be great since it would at least give people an alternative. But as another poster said...it is still Amex's account and they will do what they want to do.

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Established Contributor
Pilotdude
Posts: 955
Registered: ‎02-02-2013
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Re: Nice while it lasted - AMEX FR!

[ Edited ]

Yea.  I know someone who had success with them this way.  It makes sense that a person who is not an Amex account holder might not want Amex looking that their financials via the IRS. 

Of course they can still say "nope" but its harder.  For my buddy they just fell back to requesting his Paystubs and some identity documentation.  He sent it in with a letter stating his total picture and they accepted that.   I think he needed the four most recent stubs or something. 

 

Just be warned, they can and still might say no. 


NFCU #1 Fan!! NO MOAR APPS TIL 10/13 Minimum!!
TU -746, EX - 721, EQ -745
Cards:NFCU Flag Visa Sig $10000, CSP $8500, AMEX BCP $2000 Freedom $3500, Disc IT $5000, Cap 1 Green $2100, Credit 1 CLOSED! AU on Amex Green, Discover $2000, Cap One Plat $1000
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Nice while it lasted - AMEX FR!


LostTime wrote:

So looks like my experience with American Express will be less than 1 month. 

 

Despite the fact that they had me send in bank statements AND pay stubs prior to approving my application, Amex today hit me with an FR...**bleep**

 

I only worked 3 months in 2011 (took a long sabbatical from work to take care of my father after he had a stroke), so even if I agreed, my income for the year would only show $45K and not my 2012 income which was over $130k and was also what I put on the app. So even IF I sent the tax forms, they would still shut me down. When I said this to the agent she replied,

 

"well sir we have to be able to verify your information"

 

I replied, "but that information is not current, it is outdated and does not tell the story of what happened to me in 2011, AND you have already seen my actual income at the time of application. My 2011 numbers in no way show my ability to pay current debts. Can I give you 2010 taxes, I still work at the same company."

 

her scripted reply "well sir, if you can't verify the income American Express may have to take adverse action. We can not take your 2010 taxes as those are dated///"

 

My reply, "So if I can not verify my current income through outdated data from 2011, and not current data, you may close my account? And, I can not use outdated data from 2010 because it is outdated but outdated data from 2011 is current enough to be used for these purposes?"

 

"yes"

 

HOW IS THIS AN ACCEPTABLE BUSINESS PRACTICE!!!! Looks like I am closing my card.

 

edit: I also offered to file 2012 taxes sooner than originally planned and let them take those, they again rejected and said it has to be from 2011. 


It's not a hard decision at all. Axe it.

 

Your not buying a house, it's just a Credit Card. They have no right to be so intrusive with tax returns. Let them keep their card.




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Valued Contributor
Repo-ed
Posts: 2,953
Registered: ‎02-09-2012
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Re: Nice while it lasted - AMEX FR!

^^^ +100


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