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Using my AMEX PRG for all purchases?

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red259
Super Contributor

Re: Using my AMEX PRG for all purchases?


@xgac12x wrote:

Would it be smart to do so? I am really trying to build my rep with American Express..Ive had the card for a few months now so I definitely want to start since I have my foot in the door finally. Would this be smart?


Depends on what youi are spending on. I wouldn't recommend forgoing bonus categories on a different credit card just to spend money on your amex prg. I wouldn't really be concerned about building "rep" with Amex to begin with. You are not going to impress them with your spend. Just use the card as normal and PIF. I'd be more inclined to spend money on my revolvers in hopes of triggering an auto cli. With a charge card what is the point? 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 11 of 13
xgac12x
Established Contributor

Re: Using my AMEX PRG for all purchases?

Yeah true. I really would like to get my limit up a significant amount on my DC so Ill focus on that. how is citi with CLI's?

CARDS: CAPONEQUICKSILVERONE - $3,000.00
Message 12 of 13
myjourney
Super Contributor

Re: Using my AMEX PRG for all purchases?


@longtimelurker wrote:

@myjourney wrote:

@xgac12x wrote:

Would it be smart to do so? I am really trying to build my rep with American Express..Ive had the card for a few months now so I definitely want to start since I have my foot in the door finally. Would this be smart?


IMHO 

Depends where most of your spend is? Maybe, maybe not a good idea


+1.   And also what other cards you have and how you value MRs.     If you are using them in a "bad" way, say for statement credit or gift cards, it's almost certainly a bad idea.     If you transfer to partners and get great cpp value that way, using it for everything is probably fine.    

 

So, if on a particular transaction, using a diffeerent card would give more in rewards, IMO it makes little sense to do this for something as nebulous as building a "relationship" with a global mega financial institution


+1 

Which was my point 

I see no reason to increase their profits unless I'm rewarded via MR,cashback via the best options possible for me 

Best card for best value based on my spending pattern 

And everyone should asses that before 

1) applying for the card 

2) using the card 

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 13 of 13
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