@Anonymous wrote:
@FinStar wrote:
@Anonymous wrote:Congrats!
??? The OP was not approved.
Sorry, thought I was in another Amex thread.
it happens 
lol 
@tryingagain62 wrote:I entered $56,275.
Are you not allowed to estimate this? I always enter my best estimate for that figure, which is generally $XX,000. I would have no idea what my actual annual salary is.
@chwebb1 wrote:
@tryingagain62 wrote:I entered $56,275.
Are you not allowed to estimate this? I always enter my best estimate for that figure, which is generally $XX,000. I would have no idea what my actual annual salary is.
Usually, it's based on your most recent tax returns for Amex. Basically,if asked you would use whatever income you can document.
@09Lexie wrote:
@chwebb1 wrote:
@tryingagain62 wrote:I entered $56,275.
Are you not allowed to estimate this? I always enter my best estimate for that figure, which is generally $XX,000. I would have no idea what my actual annual salary is.
Usually, it's based on your most recent tax returns for Amex. Basically,if asked you would use whatever income you can document.
I probably did that wrong then. I used my best estimate for this year, not last year. Do they care if you pay your bill? Or is it only an issue if you get behind?
@chwebb1 wrote:
@09Lexie wrote:
@chwebb1 wrote:
@tryingagain62 wrote:I entered $56,275.
Are you not allowed to estimate this? I always enter my best estimate for that figure, which is generally $XX,000. I would have no idea what my actual annual salary is.
Usually, it's based on your most recent tax returns for Amex. Basically,if asked you would use whatever income you can document.
I probably did that wrong then. I used my best estimate for this year, not last year. Do they care if you pay your bill? Or is it only an issue if you get behind?
I really would not worry about it now. The time it will come up is during a FR or if you request a CLI and they want to verify income. What triggers a FR is still a mystery but being behind is not the only reason. It could be abnormal spending, spike in util, higher spending then reported income etc.
if your estimate is close to your reported income you would be fine. Keep in mind, if you are ever asked you would need to provide verifiable proof ie tax transcripts, in some cases they will accept other documents. Of course, you also have the choice of not providing documents.
@09Lexie wrote:
@chwebb1 wrote:
@09Lexie wrote:
@chwebb1 wrote:
@tryingagain62 wrote:I entered $56,275.
Are you not allowed to estimate this? I always enter my best estimate for that figure, which is generally $XX,000. I would have no idea what my actual annual salary is.
Usually, it's based on your most recent tax returns for Amex. Basically,if asked you would use whatever income you can document.
I probably did that wrong then. I used my best estimate for this year, not last year. Do they care if you pay your bill? Or is it only an issue if you get behind?
I really would not worry about it now. The time it will come up is during a FR or if you request a CLI and they want to verify income. What triggers a FR is still a mystery but being behind is not the only reason. It could be abnormal spending, spike in util, higher spending then reported income etc.
if your estimate is close to your reported income you would be fine. Keep in mind, if you are ever asked you would need to provide verifiable proof ie tax transcripts, in some cases they will accept other documents. Of course, you also have the choice of not providing documents.
My estimate is likely within a few hundred dollars, likely low. I try to estimate low. I put some expenses on this card that I get reimbursed for. Are you saying that I should use my other cards more (like my Citi) to make sure it doesn't look like I spend anywhere near my annual salary on their card? I think spend wise, I've put roughly half of my reported salary through the card in the last 6 months (and been reimbursed for around half of that spend). Does Citi get weird if you spend anywhere near your annual salary on their card?
@chwebb1 wrote:
@09Lexie wrote:
@chwebb1 wrote:
@09Lexie wrote:
@chwebb1 wrote:
@tryingagain62 wrote:I entered $56,275.
Are you not allowed to estimate this? I always enter my best estimate for that figure, which is generally $XX,000. I would have no idea what my actual annual salary is.
Usually, it's based on your most recent tax returns for Amex. Basically,if asked you would use whatever income you can document.
I probably did that wrong then. I used my best estimate for this year, not last year. Do they care if you pay your bill? Or is it only an issue if you get behind?
I really would not worry about it now. The time it will come up is during a FR or if you request a CLI and they want to verify income. What triggers a FR is still a mystery but being behind is not the only reason. It could be abnormal spending, spike in util, higher spending then reported income etc.
if your estimate is close to your reported income you would be fine. Keep in mind, if you are ever asked you would need to provide verifiable proof ie tax transcripts, in some cases they will accept other documents. Of course, you also have the choice of not providing documents.
My estimate is likely within a few hundred dollars, likely low. I try to estimate low. I put some expenses on this card that I get reimbursed for. Are you saying that I should use my other cards more (like my Citi) to make sure it doesn't look like I spend anywhere near my annual salary on their card? I think spend wise, I've put roughly half of my reported salary through the card in the last 6 months (and been reimbursed for around half of that spend). Does Citi get weird if you spend anywhere near your annual salary on their card?
I think you are fine. When I said spending more that reported income I meant as an example- income $75,000 spend pattern- $100k or more. Obviously, the person is spending more than their income.