topic Re: AMEX FR in Credit Cards

AMEX FR

Anonymous — Mon, 15 Oct 2012 19:30:16 GMT

Think I am going to trigger a FR?

I just got the AMEX HHonors card a few days ago and I am already over 50% utilization. Think this will trigger a FR? Or is this a okay way to show them my usual spending habits? Should I force a payment through from my bank since they will not allow a payment until the first statement posts?

Thanks for any help.

Re: AMEX FR

sjt — Mon, 15 Oct 2012 19:36:22 GMT

You can call Amex and have them process the payment.

Re: AMEX FR

Anonymous — Mon, 15 Oct 2012 19:59:02 GMT

@Anonymous wrote:
Think I am going to trigger a FR?

I just got the AMEX HHonors card a few days ago and I am already over 50% utilization. Think this will trigger a FR? Or is this a okay way to show them my usual spending habits? Should I force a payment through from my bank since they will not allow a payment until the first statement posts?

Thanks for any help.

That's a nice way to prove the income you put in the app was legit . Did you try to make payment online? I had no issues making payments before 1st statement posted, but YMMV.

Re: AMEX FR

Anonymous — Mon, 15 Oct 2012 20:16:27 GMT

I don't think it really matters...as long as you are making personal charges and staying within your limit, Amex should be OK. They gave you the limit they did for a reason. It seems to me that people usually get hit with a FR when they pay multiple times during a cycle so they can run more than their limit through the card. Another big reason a FR gets triggered is if you use a personal card for business expenses.

Re: AMEX FR

youngandcreditwrthy — Mon, 15 Oct 2012 20:30:07 GMT

I was able to make a payment before my first statement cut... I don't see why they wouldn't let you?.... Have you tried to? lol

Re: AMEX FR

jsucool76 — Mon, 15 Oct 2012 20:54:43 GMT

Almost no CCCs will allow you to "PULL" a payment through their site before the first statement, you can however push it through your bank.

Re: AMEX FR

youngandcreditwrthy — Mon, 15 Oct 2012 20:57:28 GMT

well...

I actually did make a $50 to Amex BEFORE my first statement even cut.. it was on Friday night after 7pm, and it actually did post that night :-) They didn't even take it out til this morning. My statement did cut yesterday, and I got my first statement today though.. so it was very close.....

Re: AMEX FR

youngandcreditwrthy — Mon, 15 Oct 2012 20:57:53 GMT

payment*

Re: AMEX FR

Anonymous — Mon, 15 Oct 2012 21:17:47 GMT

@Anonymous wrote:
@Anonymous wrote:
Think I am going to trigger a FR?

I just got the AMEX HHonors card a few days ago and I am already over 50% utilization. Think this will trigger a FR? Or is this a okay way to show them my usual spending habits? Should I force a payment through from my bank since they will not allow a payment until the first statement posts?

Thanks for any help.
That's a nice way to prove the income you put in the app was legit . Did you try to make payment online? I had no issues making payments before 1st statement posted, but YMMV.

I made a small payment already (even before I had the card). I was just testing the payment system. That went through. Now it won't let me make a payment on their site. I pushed one through from my bank account. I will see if that works.

Re: AMEX FR

codimom — Tue, 16 Oct 2012 14:07:40 GMT

And there is your answer/reason. Most people can make 1 payment on the site prior to the first statement cuts. Happened to me too. i made another payment through my bank and it was fine. i can make muliple payments via the amex site now...

Re: AMEX FR

youngandcreditwrthy — Tue, 16 Oct 2012 16:38:54 GMT

Has anyone noticed how fast Amex payments post??

I literally just paid my first Amex bill in full, and it was reflected in my avail credit in less than two hours!!!!

:-D

Re: AMEX FR

navigatethis12 — Tue, 16 Oct 2012 17:05:05 GMT

@youngandcreditwrthy wrote:
Has anyone noticed how fast Amex payments post??
I literally just paid my first Amex bill in full, and it was reflected in my avail credit in less than two hours!!!!

:-D

It is available as soon as I hit submit. I did it once and charged it right back up and though it would get declined but it did not. I am surprised they do this since there is no way for them to be able to see if you actually have the money that fast.

Re: AMEX FR

kha916 — Mon, 25 Mar 2013 23:00:25 GMT

Sometimes I PIF multiple times before the statement cuts, just because I'm usually pretty busy and don't want forget a payment. Amex seems to not have no problme with it.

Re: AMEX FR

LS2982 — Mon, 25 Mar 2013 23:10:09 GMT

***old thread alert***

But to give an opinion on the subject as long as your paying your bill on time and in full I would not worry at all about an FR.

Re: AMEX FR

armbenderc — Mon, 25 Mar 2013 23:41:39 GMT

Got my BCE, in first week I used 60% util. After the charges posted, I PIF. Before the 1st statement cut and within the first week of getting the card.

Since then, I charge another 50% of util and PIF as soon as it posted.

Re: AMEX FR

jsickz32 — Mon, 25 Mar 2013 23:51:07 GMT

I made a payment to my SPG after 2 weeks of getting it using. For some reason online wouldnt let me pay but i was able to do it using the app.

Re: AMEX FR

youngandcreditwrthy — Tue, 26 Mar 2013 04:37:45 GMT

It appears as though Ive commented enough on this subject. Lol

Re: AMEX FR

Anonymous — Tue, 26 Mar 2013 04:45:33 GMT

AMEX gave me low 2K limit but My first payment just cut and it had a $1200 balance. Aso the card itself has $400 limit left since I've used it a lot for grocery shopping.

Should I stop using it? I don't want to trigger FR. Also wondering what is a good spot utilization wise to remain in so that I don't raise any flags ? I'm not sure they'll be so happy to see my CSP reporting tomorrow with $8000 credit used out of 10K (even though I'm going to pay it in full)

I usually pay once I receive the statement and always pay in full.

Also weird thing is AMEX hasn't soft pulled me even once after their initial approval which was hard inquiry for the application