topic Re: Who's been in Amex's FRy'n pan??? in Credit Cards

Who's been in Amex's FRy'n pan???

Anonymous — Thu, 09 Dec 2010 14:45:19 GMT

WhAt was that last transaction that you made right before American Express's Financial Review team flagged your account and required nothing less than a filled out 4605t form before any further charges would approved? Which card were you using? How many accounts did you have? Were you a new, returning, or long time member?

Re: Who's been in Amex's FRy'n pan???

mross1080 — Thu, 09 Dec 2010 15:28:52 GMT

It was rent for me. I was a member for a couple months and it was with a green card. I also had a zync card. They accepted bank statements and 2 paystubs from me and the whole process took about a week.

Re: Who's been in Amex's FRy'n pan???

llecs — Thu, 09 Dec 2010 15:58:35 GMT

10 month old Geen (at the time) - FR'd due to legal fees, so said the CSR.

Re: Who's been in Amex's FRy'n pan???

Anonymous — Thu, 09 Dec 2010 18:15:05 GMT

wow this is kinda good because if this thread goes on long enough then we can have a collaboration of things not to do with amex unless you ready to be FRied

Re: Who's been in Amex's FRy'n pan???

Creditaddict — Thu, 09 Dec 2010 18:27:29 GMT

@Anonymous wrote:
wow this is kinda good because if this thread goes on long enough then we can have a collaboration of things not to do with amex unless you ready to be FRied

please not another thread about all the things you supposedly can't do with amex. It's just not that cut in dry.

I have used my card in a bar, paid my car payment, shopped at mcdonalds and walmart alike, I carry balances on some of my revolvers with amex. Knock on wood have not been FR'd but have seen a lot of CLD on revolvers. Listening to other people if any card was going to get FR, mine should have!

I would never not use a card because I was worried about it being closed or what not, why have it if you can't benefit the most from it.

Re: Who's been in Amex's FRy'n pan???

Anonymous — Thu, 09 Dec 2010 18:31:05 GMT

yea i feel you. however, you did say you were cld so that is a for of adverse action so it helps too...thanks

Re: Who's been in Amex's FRy'n pan???

Creditaddict — Thu, 09 Dec 2010 18:34:39 GMT

@Anonymous wrote:
yea i feel you. however, you did say you were cld so that is a for of adverse action so it helps too...thanks

2-3 years ago, I don't know anyone that was not CLD.... For years Amex had just been giving bigger and bigger CL's and more and more cards. I'm just happy they didn't close them, eventually I will be out of debt and not revolving balances with Amex and then I'm confident these cards with start to turn around and get CLI.

however it did sting going from 25k-500 on 1 card in one swift move!

Re: Who's been in Amex's FRy'n pan???

Anonymous — Thu, 09 Dec 2010 18:59:54 GMT

wow...yea your right.... im happy they didnt close it either....

but 25k-500 is a dramatic performance from amex..smh

but they obviously want you to remain a customer

@Creditaddict wrote:

@Anonymous wrote:
yea i feel you. however, you did say you were cld so that is a for of adverse action so it helps too...thanks

2-3 years ago, I don't know anyone that was not CLD.... For years Amex had just been giving bigger and bigger CL's and more and more cards. I'm just happy they didn't close them, eventually I will be out of debt and not revolving balances with Amex and then I'm confident these cards with start to turn around and get CLI.
however it did sting going from 25k-500 on 1 card in one swift move!

Re: Who's been in Amex's FRy'n pan???

Anonymous — Thu, 09 Dec 2010 19:01:34 GMT

About a year ago I ran up $100k in charges across all my credit cards over the course of 4 weeks. The only response from amex was that all future charges on the gold card would fall into the pay in full category instead of the pay over time category. I wasn't FR'ed nor did I have any kind of cl decrease.

Re: Who's been in Amex's FRy'n pan???

Anonymous — Thu, 09 Dec 2010 19:04:11 GMT

Wow, did you buy a car or something?

Re: Who's been in Amex's FRy'n pan???

Anonymous — Thu, 09 Dec 2010 19:12:54 GMT

interesting

@Anonymous wrote:
About a year ago I ran up $100k in charges across all my credit cards over the course of 4 weeks. The only response from amex was that all future charges on the gold card would fall into the pay in full category instead of the pay over time category. I wasn't FR'ed nor did I have any kind of cl decrease.

Re: Who's been in Amex's FRy'n pan???

Anonymous — Thu, 09 Dec 2010 19:23:41 GMT

wouldn't that buy a sweet ride! No, my wife and I with almost no pre-planning bought a condemned home, gutted it and rehabbed it. we took all the balance transfer checks that we had collected over the months, maxed the cards out by depositing them into our checking account to pay the contractors. i won't hijack this thread as I've recounted a lot of this story in other posts but needless to say I've spent the last 6 months reading these boards to learn about how to repair a fico score

Re: Who's been in Amex's FRy'n pan???

haulingthescoreup — Thu, 09 Dec 2010 21:46:10 GMT

A member here who I haven't seen around in a while took his new Green to Vegas, where he found that he couldn't pull cash with his debit card, as he had used it to reserve his hotel room, and this tied up all his checking account. So anyway, he used the new Green for a cash advance, and boom.

I could swear that he got FR'd a second time a month or so later after using it at traveling gun shows. Passed both times and kept using the card, very happily.

Re: Who's been in Amex's FRy'n pan???

scottwagnon — Fri, 10 Dec 2010 01:35:35 GMT

NOT ME! im still good. i apped for and was approved for 8 bank cards within a month and a half very recently. (7 prime and one subprime hsbc, i just had to have the card all of my cards have reported as well on experian.