- Centurion Member
- Posts: 4040
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
MB131174 wrote:Last month I was going to make a purchase that could not be done with a credit card. The amount was just under $1,000 and I was really wishing I could've used my Delta card to get the miles as I have a trip coming up to Europe this fall. So instead of just using money already in the bank, I swiped my Delta card thru my Square reader. Granted, I took a 2.75% hit on the money, but hey, it was an easy 1,000 miles added to my account. Lo and behold the AmEx Bear didn't like that. They actually suspended all 3 personal and 1 business cards and put me into FR. I basically told the lady on the phone to go F herself, paid off all my balances that day and closed all my accounts with AmEx as soon as the payments posted.
Some may ask why I didn't just go through the FR if I had nothing to worry about? The fact that they were worried of a cash flow problem due to 1 transaction, despite me having every statement paid in full before the due date since I've had an AmEx card, to me said "there are better companies to deal with who don't give you grief over one charge."
Now I feel like MemberSince99.
I'm sad to hear that. I can't say I'm shocked, though. From what I've read, a transaction like that will set off alarms with most issuers, not just Amex. The big one is probably that they view it as you trying to discreetly take a cash advance.
If you're still going to fly Delta, though, you can buy miles directly from the airline for 3.5 cpp. You buy them in increments of 2,000 for $70. I'm not aware of any current promotions on mile purchases.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech