Amex Financial Review-UPDATE Pg 5

[Creditdreamer]

Lol. Well like I said, the lounge access is what matters to me right now. In the end I’m sure I can get other cards with rewards if Amex decides to end their business with me. I hope that doesn’t happen, but such is life if it does. I do love the Amex combo of Plat/Gold/BBP. Are my MR points accessible right now? I have 45,000 points in my account. Would it be worth it to transfer to Delta now so I don’t end up losing them in case they close all the cards? Or just leave them?

[Creditdreamer]

We ended up on Bainbridge Island at a pub. Super good food and great atmosphere. I can’t get 4x points with my Amex Gold though. So sad. Lol.

[NRB525]

OP, the answers you seek will be sent back by AMEX... after they get your tax transcripts.

Rather than speculate what might happen, since you already have a good set of cards you like the earning and rewards, send in the 4506-T and let AMEX analysts do their job.

[Creditdreamer]

So we got into the Centurion Lounge at SEA. Yay! The guy did scan the card but nothing popped up on his screen I guess because he didn’t say anything. Now to deal with the rest of it when we get back.

[CramEiko]

What a great read. Thanks for sharing. Good luck.

[Remedios]

I'm sorry but any thread that can be summed up with * Amex froze all my accounts, can I still use lounge* is comedy gold.

[Creditdreamer]

What can I say? I really like the lounges. Lol

And as I said, I have other cards and other reward systems in place. I was just excited to have one centralized reward system with Amex to make my life easier. On the plus side I just got a CLI from Discover. So that’s cool.

[Creditdreamer]

A little update. I talked to the Amex FR rep assigned to me. She said my cards absolutely will not be cancelled. I also made $11000 in payments on the BBP. She said they take that into account. She said after the review of my transcripts, they might set a hard limit on my charge cards instead of being NPSL. And then within a year I could request that they re-review my new transcripts. The other option is that they leave my cards how they are. I think the first option is the most likely because my income shows really low from my tax transcripts from last year as I’ve gotten a 30% raise from last year. And have my fiance’s income as well. So we’ll see. I just want to keep earning rewards.

On the plus side I booked a trip from the west coast to JFK for 16,000 miles round trip on Delta using MR points. So that’s a score.

[Loquat]

I hope it all shakes out for ya, OP.

[Creditdreamer]

I have been calling to check the status every couple of days (because I'm eagerly impatient) and just talking to the general reps. I talked to someone yesterday morning who said my tax transcripts hadn't come in. Then I called again in the evening and they said my tax transcripts had been received.

This morning (just now) I got an email saying that my limit on the BBP had been set at $3100. Considering my official limit before was only $2000 (with the ability to spend over the CL), I think this isn't too bad at all. I then logged in and checked my other cards. They left BCE at $1000 and Hilton at $5000. Then they gave me a limit of $3100 on the Gold and a $5000 limit on the Platinum (probably because this card has a over a year worth of high spend history).

It still says "charging suspended" on the accounts but I have a feeling that will probably get lifted when my rep gets in around 11:30 MST. My rep was supposedly out yesterday so not sure how the transcripts were reviewed and my limits updated? Maybe automated?

I'd say this is a pretty good outcome in the whole thing. This will be plenty of spend for me on a typical monthly basis and I never carry a balance so I could just make extra payments if I wanted to do extra spend for the rewards. I'm soooooo happppppyyyyy. Perfect timing as we're heading on a vacation with the kids here soon and it's my birthday.

And while I was writing this I got two more emails about my "preset limit" on the Platinum and Gold.

Oh and also, the excessive spend I did on the BBP was about $12,500 in two days so I got about 25,000 MR points so that was awesome. The only downside is I lost out on the points when we were in Seattle with restaurants etc. Now I have one day left to use my Uber and Dining credits on Platinum and Gold for the month of November. So hopefully they'll reactivate my cards asap! lol.