KDM wrote:I plan to use mine monthly for a small charge. Although, with no cl, I'm not sure how it's going to benefit my credit score as there will be no way to gauge my ut.My plan was to establish a relationship with AMEX and in the future get a credit card with them, but now I'm wondering if Citibank would be the better card. I have read that they are generous with the CLI.
Over on creditinfocenter, there's a monster AMEX thread. It's a thoroughly disgusting display of customers butt kissing a creditor. [There's more than a bit of satire in the previous sentence.]
In all seriousness, I do not know of a single creditor held in such high regard. If you stay current, I have yet to hear of AMEX doing arbitrary and unannounced CLDs, and they seem more generous than most OCs with CLIs.
Anecdotally, AMEX seems to serve as spit shine on a CR. One could be led to believe there's a hidden algorithm in FICO scoring that gives one a higher score with an AMEX card over VISA or MC. Given the era when FICO scoring was developed, it's not unreasonable to believe--but I've never heard anything credible to support this. Just supposition and speculation.
Disclamer: I am NOT an AMEX cardholder.
Umm, I may have strung together a few too many double and triple negatives. I do not have disdain for AMEX.