@Shadowfactor wrote:
@simplynoir wrote:
@Remedios wrote:
@GApeachy wrote:
@Anonymous wrote:The worst I see them doing is saying no and then it's a burned HP.
So why not wait a few months? Sure it's inconvenient but she has PAUSE.....when in doubt; don't. That's all I can say...Time, time, time is on your side. You have the Awesome Card; you recon'd already and won, why press you're luck? It's just a few more months, maybe even longer but....you have PAUSE and usually that's a pretty, good sign to just chillllllllllax for a wee bit.
Some of it because of multiple payments
My bigger concern is recycling limit on uncapped card in the highest category.
Recycling is only really an issue when your income does not support your spend and flags itself for possible MS. That should not be a concern as long as you don't dabble in gift cards for instance.
I wholeheartedly disagree with this statement. I know a lot of people have gotten shut down by chase and Amex for cycling their limits. Some of them do MS, but others were pumping business expenses through the cards. They have the income to support it.
Cycling is something that's not a big deal every now and then. But doing it on a consistent basis with certain banks is a big no no.
Why is that? I cycle my amex for 3 times it's limit every month for almost a year. They won't give me a limit I can use organically, so this is what they get.
I got a question that hasn't been brought up, how long after a CLI, or denial, do you have to wait before asking again?
@simplynoir wrote:
@Brian_Earl_Spilner wrote:
@Shadowfactor wrote:
@simplynoir wrote:
@Remedios wrote:
@GApeachy wrote:
@Anonymous wrote:The worst I see them doing is saying no and then it's a burned HP.
So why not wait a few months? Sure it's inconvenient but she has PAUSE.....when in doubt; don't. That's all I can say...Time, time, time is on your side. You have the Awesome Card; you recon'd already and won, why press you're luck? It's just a few more months, maybe even longer but....you have PAUSE and usually that's a pretty, good sign to just chillllllllllax for a wee bit.
Some of it because of multiple payments
My bigger concern is recycling limit on uncapped card in the highest category.
Recycling is only really an issue when your income does not support your spend and flags itself for possible MS. That should not be a concern as long as you don't dabble in gift cards for instance.
I wholeheartedly disagree with this statement. I know a lot of people have gotten shut down by chase and Amex for cycling their limits. Some of them do MS, but others were pumping business expenses through the cards. They have the income to support it.
Cycling is something that's not a big deal every now and then. But doing it on a consistent basis with certain banks is a big no no.
Why is that? I cycle my amex for 3 times it's limit every month for almost a year. They won't give me a limit I can use organically, so this is what they get.
That example he gave is an extreme case. There's a reason there are charge/corporate cards that allow that type of spending; MS needs no explaination.
I'm sure it was an extreme case and he did touch on MS, but he generalized the statement in a way that it would appear they don't like it at all.