American Express card under financial review

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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supercoolman
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Location: South Bay Area

Postby supercoolman » Sun Aug 17, 2014 12:33 am

was told it was security + brand new card


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CarefulBuilder14
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Postby CarefulBuilder14 » Sun Aug 17, 2014 12:53 am

Well, maybe that makes sense. I had used my PRG at that same store before.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

supercoolman
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Location: South Bay Area

Postby supercoolman » Sun Aug 17, 2014 1:16 am

my 3rd and 4th transactions were declined with suspension as well. it was a total of 3 declines with suspensions within the first 3 days I received my BCE card. AMEX told me these were all done automatically by AMEX system. talk about the impression I have on AMEX...

due to these experiences, I won't be surprised if random people get random FR/suspension at all. some may be legit, but there will always be some out of blue ones.

popamode72
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Location: Atlanta, GA

Postby popamode72 » Sun Aug 17, 2014 7:10 am

supercoolman wrote:my new BCE was declined and suspended when I tried to pay $30 grocery as the first charge on the card. look from the cashier was not fun at all


Wow. That's crazy. It wasn't even that big of a charge and they were already freaking out? I spent like over a 1000 dollars when I got my first Amex and nothing bad happened though I did tell them ahead of time that I would be making a big purchase and this week going to have to get my mom's car fixed and pay for a rental with my Amex and I've told them and asked them about that and they said it was fine.

Guess that can be a downside to having a card like that and I've been trying to avoid those situations as much as possible. As much as I've been using my Citi card much less now, I've ran big charges to it at times and thankfully nothing bad has happened there.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)

mikegyver
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Location: east coast

Postby mikegyver » Sun Aug 17, 2014 8:04 am

It seems Amex starts to ease up quite a bit once you build up history with them. If you tell them ahead of time about larger transactions you shouldn't have too much to worry about. Gift cards seem to be a surefire way to cause concern from what they told me.

VictorSuede
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Postby VictorSuede » Thu Aug 21, 2014 4:58 pm

I had something like this happen with my PRG. I didn't know I was supposed to build up slowly, and as soon as my card was active I started moving monthly bills over to it--I wanted them off my interest bearing Discover IT.

I'd moved about $300 worth of bills over, and they had cleared, by day 3. Suddenly, with a $300 balance on an NPSL card, I got FR'd and had to send them the IRS form. It was cleared out by the end of the first month, before the second round of recurring charges, so it all worked out. But it was pretty tense there for a bit as I was worried I'd end up suspended long enough that my utilities would try to charge against a non-working card.

AMEX reps were really nice when I talked to them on the phone. The first one flat out told me I was never at any risk of losing the card. They just wanted to put a cap on the spending. Personally, I think they should have done this BEFORE they let me activate the card and start using it, but that's neither here nor there, I suppose.

I am a bit curious when/if the spending limit will go up.
Victor Suede

My Cards
  • Discover IT (1% Everything; 5% Rotating): $15.7k (Credit Limit Increase: 3/15)
  • American Express Premier Rewards Gold (1 Point per Dollar Everything; 3 Points per Dollar Travel; 2 Points per Dollar Gas and Groceries): NPSL (7/13; Credit Limit Adjustment 8/14)
  • Chase Slate: $500 (4/14)
  • Barclaycard MasterCard (1 Point per Dollar Everything; 2 Points per Dollar Gas, Groceries, Utilities): $2.9k (8/14; Credit Limit Increase 4/15)
  • Citi Simplicity MasterCard: $1.5k (4/15)

Total CL: $20.6k

popamode72
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Location: Atlanta, GA

Postby popamode72 » Thu Aug 21, 2014 7:59 pm

mikegyver wrote:It seems Amex starts to ease up quite a bit once you build up history with them. If you tell them ahead of time about larger transactions you shouldn't have too much to worry about. Gift cards seem to be a surefire way to cause concern from what they told me.


That's been my experience too. All I have to do is tell them ahead of time I'm gonna make a big purchase and it goes through with no problem for me. Did exactly that when I bought my MacBook Air a few months ago.
Macy's TLs (21k), Lowes (17k), CSP (10k), Sam's Club (10k), Nordstrom (5k), AARP (4.2k), Freedom (3k), Discover (1.5k), Quicksilver (2k), BoA (3k), Barclaycard Arrival (2.5k), Amazon Store (6k), Paypal (4.9k), Sam's Club MC (3.6k), Walmart MC (1.2k)



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