Cyberius wrote:For me I guess it would depend on my mood the day it happened and how I found out. If I was given notice they were going to review my account, I wouldn't be terribly upset. However, if I'm traveling and depending on the card, I would be rather irritated. If you have a shoddy account history one shouldn't be terribly surprised to get a F/R. However, if I have made all payments and have been a loyal customer, to cut you off could be embarrassing, especially if you are paying for dinner for a client and your card is declined and you had no notice.
If you don't lie on your application you shouldn't be worried about providing more information - I mean, they have pretty good insight into your life due to the credit pull and general usage of the card (location, items purchased, travel habits, etc.).
It doesn't matter if you are travelling.
Also even if you told the truth, which you of course should, if they see things that concern them, they can shut you down.
I have no problem with that, I understand completely, actually. They have to protect themselves against losses. I just feel like if you have been a good customer, always use the cards and pay in full, you can still get triggered and F/R/d, no one really knows what tirggers it, so you'd best have a backup credit source available. I didn't lie to them, no point to that, they could verify my bank account and income, but I've also heard that for some, even once they do that, they F/R them every few weeks or months. Obviously they see something they don't like, but would you be willing to submit to it every couple of months?
If it wasn't for this, and every place took Amex, I wouldn't have another card, period.