topic Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD! in Credit Card Approvals

AMEX Hiton CLI & APR DECREASE ROSE GOLD!

ironchef — Sun, 18 Aug 2019 10:55:12 GMT

Amex showimg me some appreciation with a 11% rate fot my POT account /Rose gold card ,also a 3x Increase on my Amex Hiton !

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

Anonymous — Sun, 18 Aug 2019 10:58:18 GMT

Nice! Gotta love when they love you

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

CreditInspired — Sun, 18 Aug 2019 12:17:41 GMT

@ironchef wrote:
Amex showimg me some appreciation with a 11% rate fot my POT account /Rose gold card ,also a 3x Increase on my Amex Hiton !

Oh “Happy Day”. A big congratulations to you.

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

Anonymous — Sun, 18 Aug 2019 12:45:13 GMT

11% for Pay Over Time is spectacular in this current lending environment, congratulations. I know most of us don't use such a feature, but it's always nice to have around... Life can be quite unpredictable.

Congrats on the 3x increase as well. One of the best part about Amex's CCs.

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

ironchef — Sun, 18 Aug 2019 17:58:10 GMT

Agreed & thank you !

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

Anonymous — Sun, 18 Aug 2019 20:40:10 GMT

Congrats!

I've had the same CL on my Skymiles Reserve since 2014 and despite me charging 12k+ per month on my charge cards with them they refuse to give me CLI on my one credit card with them. Crazy.

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

Anonymous — Mon, 19 Aug 2019 04:00:56 GMT

Awesome!

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

kudosalert — Wed, 21 Aug 2019 06:57:03 GMT

@Anonymous wrote:
11% for Pay Over Time is spectacular in this current lending environment, congratulations. I know most of us don't use such a feature, but it's always nice to have around... Life can be quite unpredictable.

Congrats on the 3x increase as well. One of the best part about Amex's CCs.

Hi, I havent seen this Pay Over Time on my only Amex Ascend but does it work similarly to their Payment Plan feature? I've been using my Amex for car rides so the only big item was a $200 flight for which a button popped up offering me a Payment Plan. Pay it over 18 months (or longer) with no interest but with a monthly fee. I worked out the fixed monthly fee to be about 12% over the life of the 18 month plan which isnt bad compared to a 20+ APR.

Like you mentioned. Never know when you might need it. There's also no early repayment fees or penalty so if you get behind a few months you can repay your plan's balance once the cash flow is better. Any more DP on this would be very helpful. Thanks.

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

CreditInspired — Wed, 21 Aug 2019 11:39:19 GMT

@kudosalert wrote:
@Anonymous wrote:
11% for Pay Over Time is spectacular in this current lending environment, congratulations. I know most of us don't use such a feature, but it's always nice to have around... Life can be quite unpredictable.

Congrats on the 3x increase as well. One of the best part about Amex's CCs.
Hi, I havent seen this Pay Over Time on my only Amex Ascend but does it work similarly to their Payment Plan feature? I've been using my Amex for car rides so the only big item was a $200 flight for which a button popped up offering me a Payment Plan. Pay it over 18 months (or longer) with no interest but with a monthly fee. I worked out the fixed monthly fee to be about 12% over the life of the 18 month plan which isnt bad compared to a 20+ APR.

Like you mentioned. Never know when you might need it. There's also no early repayment fees or penalty so if you get behind a few months you can repay your plan's balance once the cash flow is better. Any more DP on this would be very helpful. Thanks.

I’m not understanding “if you get behind a few months you can repay your plan’s balance.” You still have to make your monthly payments.

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

M_Smart007 — Wed, 21 Aug 2019 11:42:31 GMT

Congrats on Both

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

AverageJoesCredit — Wed, 21 Aug 2019 18:50:22 GMT

Very cool

Re: AMEX Hiton CLI & APR DECREASE ROSE GOLD!

kudosalert — Thu, 22 Aug 2019 18:38:55 GMT

@CreditInspired wrote:
@kudosalert wrote:
@Anonymous wrote:
11% for Pay Over Time is spectacular in this current lending environment, congratulations. I know most of us don't use such a feature, but it's always nice to have around... Life can be quite unpredictable.

Congrats on the 3x increase as well. One of the best part about Amex's CCs.
Hi, I havent seen this Pay Over Time on my only Amex Ascend but does it work similarly to their Payment Plan feature? I've been using my Amex for car rides so the only big item was a $200 flight for which a button popped up offering me a Payment Plan. Pay it over 18 months (or longer) with no interest but with a monthly fee. I worked out the fixed monthly fee to be about 12% over the life of the 18 month plan which isnt bad compared to a 20+ APR.

Like you mentioned. Never know when you might need it. There's also no early repayment fees or penalty so if you get behind a few months you can repay your plan's balance once the cash flow is better. Any more DP on this would be very helpful. Thanks.

I’m not understanding “if you get behind a few months you can repay your plan’s balance.” You still have to make your monthly payments.

sorry should have been more clear. "get behind" as in not being able to PIF. with this payment plan feature, you can make smaller monthly payments and when the cash flow is better you can pay off the balance before the end of the loan term.

some loans/payment plans if you pay your remaining balance either partially or in full early, there is an "early payment fee". basically loaners want to recoup some interest that you would other wise pay throughout the agreed term of the loan.