@babygirl1256 wrote:They also told me that you have to make large charges and pay the balance off to build a buying and paying history . . . so I'm not too pleased with the business card as of now and haven't had any problems with my personal cards except they have denied credit limit increases. Hang in there as the process should improve as we buy and pay!!!
Good to know.
I just PIF my first statement on my new Delta Gold... $3200 balance on a $10k limit. The biggest purchase was $750... everything else was $100-$200 or less.
They never asked me for any documention proving my yearly salary... but I'll definitely "check spending power" should I feel the need to make a large purchase and hopefully will build a solid history these first 6 months.
@babygirl1256 wrote:@purebulldogs Gosh, sorry that happened to you but I've experienced it also . . . Amex is strange and they seem to want you to "check spending power" on large purchases. On March 13, 2022, I checked my spending power for $25k and it was approved, but I didn't charge anything. Two weeks later, on March 31st, I attended an equipment auction and I tried to charge $10k on my Amex Business Platinum but it was declined . . . not only was I upset but really embarrassed, so I just used my NFCU personal card. When I called them, I was told the spending power approval is only for 48 hours and can change thereafter. They also told me that you have to make large charges and pay the balance off to build a buying and paying history . . . so I'm not too pleased with the business card as of now and haven't had any problems with my personal cards except they have denied credit limit increases. Hang in there as the process should improve as we buy and pay!!!
@babygirl1256 I know it's frustrating to ever have a charge declined. However the tool is literally there to check before a purchase. It would be like checking for a pre-approval and then waiting and being declined.
I'm not a fan of the Amex charge card method of an ever changing limit, that seems to be able to change by the day. But they do give us a tool so we have an idea if a charge would be approved. It's our fault if we don't use it and check before hand.
Happened to me about 3 years ago. They shut my down for about 2 weeks, had to sign a consent for AMEX to get my taxes from IRS. When it was over, got a call stating suspension was lifted
@GatorGuy I agree to disagree . . . in my instance I did check and didn't see anywhere that the $25k approval was only available for 48-hours. Amex thought it was fraud since the amount was for a flat $10k . . . but I had many other choices of cards to use and chose NFCU. I certainly know now to check before any major purchase and make that purchase within 48-hours. 
