Amex does NOT like high util and small payments. If you can, pay $500 first then $200 every month thereafter until your below 20% util. I would not think of doing a LUV until you are at least below 20% util. With this proposed payment plan you would look for a CLI five or six months after activation. Sooner of course if you make larger payments.
oracleicom wrote:Oh, gotcha...should have read more hahaBut in regards to Amex do they like to see small number of big payments or a large number of small payments when paying off a balance???
Nope, no humans involved and it's really fast.
Is the LUV button automatic or do you have to wait for a human to process?
Wow! How often can you hit it. How does one control them selves from clicking too often?