- Green Member
- Posts: 11
- Joined: Sat Jun 23, 2012 9:08 pm
- Location: Santa Barbara, CA
Just wanted to say that I'm a huge fan of your work here. You all give great advice, and I was hoping you could help me too.
I was recently approved for an American Express Starwood Preferred Guest credit card, but with a $2,000 credit limit. I'd like to take advantage of the 15,000 bonus star points by spending $5,000 in the first six months, but I'm unsure of how to do this without tanking my utilization.
Can I prepay my account by $5,000, so that it doesn't come out of my available limit, or should I spend $2,000 and pay it off immediately, spend $2,000 more and pay it off immediately, etc...?
What would you recommend?
American Express Zync (primary) - main card
American Express Business Platinum (secondary) - for business and platinum benefits