@Anonymous wrote:
@UncleB wrote:Also note that the talk about using the button causing a FR is urban myth... if somebody had a FR after using the spending ability button, they had it coming anyway... American Express has better things to do than request the tax records of people who check their spending ability "too many" times.
Might be a myth, but this is actually one of the Amex myths that I've been too scared to mess with. I've literally never clicked on that feature, neither on my Green when I had it nor on my BCP.
On the other hand, I've put so much Walmart spend (including dozens of tiny $5 transactions) through my BCP that they probably think I own stock in the company, but it's obvious Amex couldn't care less about that particular urban legend. I also received a 3x CLI to $15k at the 6 mos mark while carrying a sizeable balance on the card: I think it was a $3k balance with a $5k limit when I was approved for the 3x CLI. So likely another urban myth about Amex despising people carrying balances.
What UL is that? I haven't heard that one.
As for despising balances, I'm sure they want ppl to use responsibly and not max the cards, but I never thought it made sense that any CC company would despise earning interest and only earning swipe fees. 
@longtimelurker wrote:
@SouthJamaica wrote:
@greent wrote:
I see this in my account on line but don't know what it is. Can someone tell Me?A trap is what it is.
Right, because all issuers are interested in spending resources on creating traps for their customers....
I use it. I love it. PRG paying rent baby.
@longtimelurker wrote:
@SouthJamaica wrote:
@greent wrote:
I see this in my account on line but don't know what it is. Can someone tell Me?A trap is what it is.
Right, because all issuers are interested in spending resources on creating traps for their customers....
It's an industry which spends much of its "resources" on tempting people to spend more than they should. If you don't think that's a trap, fine, but don't mock me for not sharing your views.
If you think it's ok to spend more than your credit limit, be my guest. But it is in fact a risky practice.
As I know you are aware, even spending anywhere near one's credit limit is a risky practice.
You're entitled to your opinion and I'm entitled to mine, so please don't mock me just because you disagree with me.
@Anonymous wrote:
@Anonymous wrote:but it's obvious Amex couldn't care less about that particular urban legend.What UL is that? I haven't heard that one.
As for despising balances, I'm sure they want ppl to use responsibly and not max the cards, but I never thought it made sense that any CC company would despise earning interest and only earning swipe fees.
Yeah, I know it sounds ridiculous, but it's definitely something that was brought up over and over again in a serious tone by some people. If you google something like, "walmart american express financial review", you'll find lots of such comments, even some from this forum, backed by the occasional anecdote. I guess the thinking behind this UL is that shopping at "discount" or "lower class" establishments is a sign of financial distress. I always found the premise pretty hilarious.
Also, when I was carrying that $3k balance on my BCP, it was on Amex's dime since I was still well under the 0% intro APR. 
Otherwise I agree with your sentiment about it not really making sense why Amex wouldn't want their clients to carry balances and pay interest since that's the bread and butter as far as CC revenue.
@Anonymous wrote:Walmart isn't categorized as a supermarket... Other cards get better returns than the BCP at WallyWorld...
Yeah, I know. I could use my Cap1 QS or even Venture for better returns, but I don't really care anymore. I just use my Amex a lot because they've always been good to me. Plus unless you're talking about the difference between a 1% and 5% card, I find myself not overthinking things nowadays. Walmart would come up as grocery on my BoA 123 card depending on the location and even register I used, but it was just too much trouble to keep track of such things. If I had the Sallie Mae, that's probably the only card I'd really make a concerted effort to use at Wally World.
