topic Re: Amex adaptation to ones Usage in Credit Cards

Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 02:12:18 GMT

So how does Amex decide how to adapt to your spending over time. Is there a set amount one should stay under right after acquiring this card?

I use it normally as I did my debit card & credit card. Since they require payment almost 1.5 months later from the my activation date 12-25-2010 payment, statement close 12-10-2010 I am sure to run up close to 1000.00 + including bills, food etc etc

I keep reading people getting cut off without warning or declined, so I am curious how they decide to top your "no spending limit"

I really don't want that to happen at a dinner or something embarrassing - would prefer to use the citi card if theres a top off you guys know from experience or word of mouth.

I have the Zync Charge card

Thanks

Re: Amex adaptation to ones Usage

pmbrian — Wed, 24 Nov 2010 02:26:11 GMT

I use my new AMEX as my Debit Card replacement and pay them weekly (if not more frequently), since I have the money anyway - I am racking up points but never have a high balance. I did get FR'd 7 days after getting the card, but after a week it was completed and I still have "no spending" limit. Oh and I have spent about $2600 this way already this month and only have like $400 which I will pay when the statement cuts.

I would think it would be based upon your income and usage/payment patterns.

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 02:18:33 GMT

As far as I know with your history with them. I just used mine twice for a total of 50 dollars and paid it off as soon as both charges showed up. Not going to use it again for a couple weeks. I'm not trying to send off any red flags. a 1000 bucks you put on it already?

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 02:19:28 GMT

I presume you are pushing the payments from your bank account to Amex because there is no option to Pay now even if i wanted to unless im missing something

thanks

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 02:20:40 GMT

1000 bucks probably by mid Dec. close to the payment date 12-25

Re: Amex adaptation to ones Usage

pmbrian — Wed, 24 Nov 2010 02:21:31 GMT

No, actually, once you have made a Pull payment via AMEX, then 30 days goes by, you can Pay Via AMEX website once per day! It is very convienient and I have 2 different banks setup that I can Pull from.

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 02:26:45 GMT

I have only made one payment so far. I think I may wait a few weeks to use the card again. By that point I should be able to make a payment once a day if I wanted to. If you are running up that much money that quickly on the zync card I think you are high risk for FR.

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 02:30:38 GMT

How do you setup a PULL payment from amex? Is this an Auto Pay feature?

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 02:35:28 GMT

Just means you added your bank account and pull from it by making a payment via amex website.

a push payment would be a payment made on bill pay at your banks website

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 02:47:23 GMT

Hmm ok I do have my bank account setup already. However, still I am unable to post a payment it won't let me - says I don't have a balance. Dam n Blast I can see the bloody numbers!!

Sighhhh

Re: Amex adaptation to ones Usage

pmbrian — Wed, 24 Nov 2010 02:54:19 GMT

Yeah, that happened to me unitl the statement cut, I think if I recall right. Oh yeah - it did, so I pushed a payment from my bank until the statement cut, then it was after that i could do the daily payment.

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 02:58:21 GMT

Did you sign up for pay online?

Does it show recent activity?

I still haven't received a statement as of yet and have made 3700 in payments for the Gold.

Re: Amex adaptation to ones Usage

OnTheRebound — Wed, 24 Nov 2010 03:03:12 GMT

@Anonymous wrote:
Hmm ok I do have my bank account setup already. However, still I am unable to post a payment it won't let me - says I don't have a balance. Dam n Blast I can see the bloody numbers!!

Sighhhh

For new Amex accounts, as with many CC companies. you cannot make a payment from the Amex website prior to the first statement posting. After the first statement cuts you may make as many payments as you like, one per day I believe. However, you may, as a previous poster suggested, PUSH a payment through from your banks website.

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 03:03:36 GMT

Yes the first thing i did was sign up for pay online, auto pay

and i have activity already gas, groceries etc

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 03:10:14 GMT

It may be possible that since I called in to the CSR before I used the online service that may have helped me to make payment. I also believe at 1st it wouldn't let me make a payment come to think about it a little more and that is why I called AMEX CSR.

I asked how I could make a payment and she said I can choose to pay online put information in and will update with-in 24 hrs.

But as of today I still have not received a statement. My statement is not suppose to cut until Nov 29th 2010 which would be my 1st statement. But as I stated earlier I have made payments already with-out the statement.

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 03:12:31 GMT

Yes I think I will push the payment through my bank.

Anybody know any specifics on address or info I specifically need to input into the my "payee" fields on my bank account? Wondering if all the payment addresses are the same.

Thanks Fellows

Re: Amex adaptation to ones Usage

haulingthescoreup — Wed, 24 Nov 2010 04:56:13 GMT

I just used whatever address they have on the website for the 14 people left on this planet who still mail in checks for their payments.

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 05:32:15 GMT

I was actually able to pay off my balance on my zync that i got a few days ago. Is it because I was an AU before on a different card a year ago?

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 14:57:47 GMT

wat do u think caused the fr

Re: Amex adaptation to ones Usage

Anonymous — Wed, 24 Nov 2010 17:35:32 GMT

Why would it flag as FR if you are supposed to use the card and have no negative reason for them to inquire they have to see how you spend and im not buying TV's or anything just bills internet/cable and food. Further, I have auto pay set and linked to my bank account. I already called them to ask them why I can't pay them. The CSR has a laugh as she said most people "Dont" want to pay bills and you are insisting to pay. They wouldn't take my money LOL

When I got my card I tried that Credit Line checker thing - and input 1000 and it approved. So I am thinking I should be good considering I have followed proper steps. I can't fathom a legit reason for an annoying FR.

Has anyone has this happen to them?

Thanks