topic Re: American Express card questions in Credit Cards

American Express card questions

Anonymous — Tue, 26 Apr 2016 09:08:49 GMT

My first question is regarding the airline statement credit for the Amex PRG. I'm not familiar with charge cards, and I'd like to know if I take advantage of the airline credit, and my statement is about to close in a week, how long do you have to pay your charge card balance? It says the credit could take 2-4 weeks before it appears. And I'd want to have my charges credited before I have to pay for them (I'll apologize in advance if this makes no sense, but I hope you can understand what I'm asking)...

My second question is regarding credit line increases. I have 3 American Express cards, 2 official, 1 co-branded card. I received a CLI on one of my cards, and when I tried to apply for an increase on another card, it said that I could only receive an increase every six months on my cards. So this means for all of my cards, I'd have to go on an 18 month cycle for credit line increases..? Is there a way around this, or am I misunderstanding something.

Thanks all!

Re: American Express card questions

jacetx — Tue, 26 Apr 2016 12:36:21 GMT

@Anonymous wrote:
My first question is regarding the airline statement credit for the Amex PRG. I'm not familiar with charge cards, and I'd like to know if I take advantage of the airline credit, and my statement is about to close in a week, how long do you have to pay your charge card balance? It says the credit could take 2-4 weeks before it appears. And I'd want to have my charges credited before I have to pay for them (I'll apologize in advance if this makes no sense, but I hope you can understand what I'm asking)...

My second question is regarding credit line increases. I have 3 American Express cards, 2 official, 1 co-branded card. I received a CLI on one of my cards, and when I tried to apply for an increase on another card, it said that I could only receive an increase every six months on my cards. So this means for all of my cards, I'd have to go on an 18 month cycle for credit line increases..? Is there a way around this, or am I misunderstanding something.

Thanks all!

Once your statement closes you should have 30 days to pay it. My credit usually appeared after a couple days. As far as the CLI goes, you can only be approved for a CLI every 6 months on one card, so yes, it would take you 18 months to get a CLI on all three unless Amex gives you an auto CLI. There is no way around it.

Re: American Express card questions

Anonymous — Tue, 26 Apr 2016 12:42:28 GMT

The $100 statement credit has always posted about two days after the qualifying airline purchase posts for me. Make sure you've designated which airline you wish to use ahead of time or it may not work. There's a place to do that under the benefits section online or talk to an Amex customer service rep.

Re: American Express card questions

takeshi74 — Tue, 26 Apr 2016 15:45:10 GMT

@Anonymous wrote:
My first question is regarding the airline statement credit for the Amex PRG. I'm not familiar with charge cards, and I'd like to know if I take advantage of the airline credit, and my statement is about to close in a week, how long do you have to pay your charge card balance? It says the credit could take 2-4 weeks before it appears. And I'd want to have my charges credited before I have to pay for them (I'll apologize in advance if this makes no sense, but I hope you can understand what I'm asking)...

Time for the credit to post can vary. Don't count your chickens before they hatch. If you payment is coming due and the credit hasn't posted then you'll need to pay without the credit. From what you're saying it sounds like odds are that the credit would post before your payment is due. Your payment is not due right at statement close. It's due several days before the next statement close. You can see the available payment dates when your statement closes and the statement balance is available.

The credit generally posts within a day or two for our Platinum but, again, it can vary. Take a look at the various AmEx airline credit threads on FlyerTalk and you can see that the time varies. Those threads can also be handy resources for making the most of the credit.

@Anonymous wrote:
My second question is regarding credit line increases. I have 3 American Express cards, 2 official, 1 co-branded card. I received a CLI on one of my cards, and when I tried to apply for an increase on another card, it said that I could only receive an increase every six months on my cards.

Make sure you read the 3X CLI Guide. It's the first hit when I Google "3x CLI". It contains that and much, much more info.

@Anonymous wrote:
Is there a way around this

Nope.

Re: American Express card questions

satasat360 — Tue, 26 Apr 2016 23:16:09 GMT

@Anonymous wrote:
My first question is regarding the airline statement credit for the Amex PRG. I'm not familiar with charge cards, and I'd like to know if I take advantage of the airline credit, and my statement is about to close in a week, how long do you have to pay your charge card balance? It says the credit could take 2-4 weeks before it appears. And I'd want to have my charges credited before I have to pay for them (I'll apologize in advance if this makes no sense, but I hope you can understand what I'm asking)...

It really depends on the airline to report to Amex,some times it can take more than 2 weeks. For me it got credited before the statment closing on my PRG and it took 7 days.

My second question is regarding credit line increases. I have 3 American Express cards, 2 official, 1 co-branded card. I received a CLI on one of my cards, and when I tried to apply for an increase on another card, it said that I could only receive an increase every six months on my cards. So this means for all of my cards, I'd have to go on an 18 month cycle for credit line increases..? Is there a way around this, or am I misunderstanding something.

Unfortunately you cannot get another increase for 6 months, there is no way you can get CLI unless Amex give you an auto CLI

Thanks all!