topic Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls? in Credit Cards

Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

tengtengvn — Thu, 09 Jun 2011 17:53:53 GMT

I'm pretty sure some of you still remember that AMEX CLD story back in 2008.

http://www.ajc.com/news/content/business/stories//2008/12/21/creditcards_1221.html?cxntlid=homepage_tab_newstab

So my situation is I added my dad to my new AMEX Blue. He works in a small town in Georgia so all they have overthere are a Super Walmart, a TJ Maxx (Marshalls), a Lowes, few dollar stores. I'm worry that I'll get CLD after my dad starts using the card.

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

Anonymous — Thu, 09 Jun 2011 18:26:12 GMT

In a word, no. Why would Amex punish their customers for shopping at a retailer they offer gift cards etc for on the Amex shop site? All the stories you have read are anecdotal at best. For every person that says they got CLD for shopping at Wal Mart or a liquor store there are hundreds of thousands of people who shop there every day with no consequenses. Including myself. Ive used my Amex at almost all of the "taboo" stores you hear people talk about and not a peep from Amex. Again, anecdotal, but it makes my point.

Back in 2008 it wasnt just Amex taking AA against their customers. Every major bank out there was balance chasing, etc. It wasnt just Amex.

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

Walt_K — Thu, 09 Jun 2011 20:41:42 GMT

@Anonymous wrote:
In a word, no. Why would Amex punish their customers for shopping at a retailer they offer gift cards etc for on the Amex shop site? All the stories you have read are anecdotal at best. For every person that says they got CLD for shopping at Wal Mart or a liquor store there are hundreds of thousands of people who shop there every day with no consequenses. Including myself. Ive used my Amex at almost all of the "taboo" stores you hear people talk about and not a peep from Amex. Again, anecdotal, but it makes my point.

Back in 2008 it wasnt just Amex taking AA against their customers. Every major bank out there was balance chasing, etc. It wasnt just Amex.

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

OnTheRebound — Thu, 09 Jun 2011 22:22:47 GMT

Trust me when I say if Amex CLD you, it won't be because you shopped at Walmart. Use it anywhere you want to. They encourage it.

Just pay your bill on time, stay under your CL and you won't have any problems.

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

UFGuy2006 — Thu, 09 Jun 2011 22:39:20 GMT

@OnTheRebound wrote:
Trust me when I say if Amex CLD you, it won't be because you shopped at Walmart. Use it anywhere you want to. They encourage it.

Just pay your bill on time, stay under your CL and you won't have any problems.

+1.

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

Anonymous — Thu, 09 Jun 2011 23:52:17 GMT

@OnTheRebound wrote:
Trust me when I say if Amex CLD you, it won't be because you shopped at Walmart. Use it anywhere you want to. They encourage it.

Just pay your bill on time, stay under your CL and you won't have any problems.

Anecdotal and not from personal experience, but the jury may still be out on the case of paying a lawyer with your AMEX...

Divorces, lawsuits, tax issues...these things (and others that are handled by lawyers) tend to impact financial health, and could make AMEX (or any lender) nervous.

Just an observation, and IMO only.

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

Anonymous — Fri, 10 Jun 2011 00:21:21 GMT

Gambling casinos will make Am Ex nervous too. But (1) every time you use your card at Wal-Mart Am Ex makes money and (2) you can find the W-M logo on the Am Ex site. Why advertise a merchant if they intend to punish you for shopping there?

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

tsquad131 — Fri, 10 Jun 2011 02:59:58 GMT

that practice is called profiling which no lender does

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

Anonymous — Fri, 10 Jun 2011 03:02:09 GMT

@tsquad131 wrote:
that practice is called profiling which no lender does

LOL

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

tsquad131 — Fri, 10 Jun 2011 03:27:15 GMT

my friend maxed out a $5000 amex delta skymiles gold using cash advances gambling and they cld him down to $3200 when he paid it down to that and havent cld since then

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

Anonymous — Fri, 10 Jun 2011 05:52:09 GMT

@tsquad131 wrote:
that practice is called profiling which no lender does

You broke my meter

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

Anonymous — Fri, 10 Jun 2011 13:56:38 GMT

IIRC, it was in 2009 that Amex denied the profiling, but went on to promise that they'd stop using the sudden appearance of charges at some well known discount stores (Walmart, Marshalls, etc...) as a springboard for AA. They also denied culpability and promised to stop taking AA against people whose mortgages were held by Countrywide.

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

hedgeclipper2 — Fri, 10 Jun 2011 14:48:01 GMT

No, but apparently they get FR'ed for taking their dog to the groomer.

Always PIF on all accounts the day the statement generates, I will never understand Amex.

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

Anonymous — Fri, 10 Jun 2011 17:57:28 GMT

i shop at walmart, target, liquor store, mcdonalds and anywhere else my amex is excepted...

so i wouldnt worry if i was you.....

Platinum Charge Card

Re: Do AMEX customers still get CLD for shopping at Walmart and Marshalls?

Anonymous — Fri, 10 Jun 2011 18:24:50 GMT

@Anonymous wrote:
i shop at walmart, target, liquor store, mcdonalds and anywhere else my amex is excepted...
so i wouldnt worry if i was you.....

Platinum Charge Card

Same. Ive even used it at Castle Superstore