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I got FRed and I Pretty much know why :(

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Closingracer99
Valued Contributor

Re: I got FRed and I Pretty much know why :(


@NRB525 wrote:

@Closingracer99 wrote:

@chwebb1 wrote:

For what it's worth, I've BT'd from both of my AMEX cards once (one in around June/July of this year, and another time within the last month), and I haven't heard a word from them. Both times, I BT'd to my Barclaycard Ring (got to love the 8% APR instead of 14.99% on my BCE, and 22.24% on my Blue Sky). It may be that you don't frequently use the card, and then had two large transactions. I frequently use my AMEX cards (normally at least once a day), and always PIF (or BT the remainder to the Ring). Sorry that happened to you.


Yeah it sucks but whatever if they decide to close it yeah it hurts my utilization but oh well. I only really used it at Costco . I can always apply for the fidelity Amex or bank of Americas or something 


I think you are throwing in the towel a bit early. Don't delay sending the 4506-T. If you wait until next week, good luck getting it through the USPS over Christmas Eve, Christmas Day, Boxing Day, etc.

The BT from Chase will lighten the account. The return of the laptop will get sorted, so sending the 4506-T now just gets AMEX comfortable that your annual income is what you say it is.

 

Send in the 4506-T today, and I say your chances of losing this account are very small, nearly zero chance of closing.

Delay or miss getting the 4506-T to them, and your risk of account closure goes way, way up. The Borg wants that 4506-T and is unlikely to rest until it appears, or the deadline passes and termination can proceed.

 

Your call.


They want me to fax it not mail it in


My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
Message 51 of 57
weehoo
Frequent Contributor

Re: I got FRed and I Pretty much know why :(

I can see why they FR'd you

Citi AAdvantage WE - 41k | Marriott Bonvoy Brilliance - 29k | Citi Double Cash - 19 .5k | Southwest Premier - 39k | Discover Miles - 23k | GECRB Ebates Visa - 10k | Golden1 Rewards - $10k | Ducks Unlimited - 6k |
Message 52 of 57
NRB525
Super Contributor

Re: I got FRed and I Pretty much know why :(

Perfect. Fax it in. Today.

Do not disappoint the Borg.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 53 of 57
taxi818
Super Contributor

Re: I got FRed and I Pretty much know why :(


@NRB525 wrote:

@Closingracer99 wrote:

@chwebb1 wrote:

For what it's worth, I've BT'd from both of my AMEX cards once (one in around June/July of this year, and another time within the last month), and I haven't heard a word from them. Both times, I BT'd to my Barclaycard Ring (got to love the 8% APR instead of 14.99% on my BCE, and 22.24% on my Blue Sky). It may be that you don't frequently use the card, and then had two large transactions. I frequently use my AMEX cards (normally at least once a day), and always PIF (or BT the remainder to the Ring). Sorry that happened to you.


Yeah it sucks but whatever if they decide to close it yeah it hurts my utilization but oh well. I only really used it at Costco . I can always apply for the fidelity Amex or bank of Americas or something 


I think you are throwing in the towel a bit early. Don't delay sending the 4506-T. If you wait until next week, good luck getting it through the USPS over Christmas Eve, Christmas Day, Boxing Day, etc.

The BT from Chase will lighten the account. The return of the laptop will get sorted, so sending the 4506-T now just gets AMEX comfortable that your annual income is what you say it is.

 

Send in the 4506-T today, and I say your chances of losing this account are very small, nearly zero chance of closing.

Delay or miss getting the 4506-T to them, and your risk of account closure goes way, way up. The Borg wants that 4506-T and is unlikely to rest until it appears, or the deadline passes and termination can proceed.

 

Your call.


+1

Message 54 of 57
Membersince2013
Valued Contributor

Re: I got FRed and I Pretty much know why :(

And if i may add....You should probably pay off all you Amex accounts and leave the account with 0% APR alone. I honestly think that also helped in my case.

Arrival+ | Barclaycard Rewards Mastercard | Citi Double Cash | CapOne QS (2) | Citi Diamond P | Freedom | Fidelity Amex | Amex Plat | Old Blue Cash | PRG | SPG | BCP | HHonors Surpass | Cap1 Venture | Discover | CSP | Cap1 Venture1 | BOA CR&TR (2) | Ritz Carlton | Southwest Rapid Rewards | Hyatt (2) | US Airways Mastercard (2) | Wells Fargo Rewards Visa | Marriott Premier (2) |

Fico Scores as of 2/21/15 - EX: total crap, TU: total crap, EQ: total crap
Message 55 of 57
Closingracer99
Valued Contributor

Re: I got FRed and I Pretty much know why :(


@Membersince2013 wrote:

And if i may add....You should probably pay off all you Amex accounts and leave the account with 0% APR alone. I honestly think that also helped in my case.


Well I already done the transfer to my 0% APR card which shouldn't be any part of their business anyways and just waiting for it to go through. I won't have the refund done and perhaps the balance transfer till after the review is done .


My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
Message 56 of 57
Anonymous
Not applicable

Re: I got FRed and I Pretty much know why :(


@Membersince2013 wrote:

And if i may add....You should probably pay off all you Amex accounts and leave the account with 0% APR alone. I honestly think that also helped in my case.


+1

Message 57 of 57
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