Churning & PRG Spending Pattern FR Worries

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
5 posts
tigerhunt2011
Platinum Member
Platinum Member
 
Posts: 69
Joined: Wed Jan 12, 2011 8:54 pm
Location: Tucson, AZ

Churning & PRG Spending Pattern FR Worries

Postby tigerhunt2011 » Tue Apr 23, 2013 1:48 am

Question for those in tune with AMEX Financial Reviews and/or Credit Card Churning. I've gotten pretty heavily into the churning game lately, with 5 cards since January. I've been using my AMEX PRG off and on, since I've been trying to meet the minimum spend on the new cards to get the bonuses. Typical spend averages about $1000 per month on the PRG. After this month's statement closes, I will most likely not be spending a dime on the PRG, instead routing it to my brand new Citi AA Plat. Select World MC to meet the $1000 spending requirement, and then to my Cit ThankYou Preferred to get a nice ThankYou points bonus. Will the lack of activity on my PRG trigger an FR on the basis of "Sudden Change in Spending Pattern"? I can split the charges smarter if anyone thinks this would flag an FR.
AMEX Business Platinum AU-NPSL-07/11
AMEX PRG-NPSL-07/11
AMEX BCE-$2000-07/11
AMEX MB Platinum-NPSL-08/13-->07/11
AMEX Biz Gold Rewards-NPSL-08/13-->07/11
AMEX Biz DL SkyMiles Gold-04/13-->07/11
BofA Alaska Airlines Visa Classic-$2500-06/11
Barclays US Airways Platinum Mastercard-$1500-04/13
Chase Sapphire Preferred-$5,000-08/13
Citi AA Select AMEX-$2000-01/13
Citi AA Visa-$2000-01/13
Citi AA Platinum Select Visa Signature-$5000-08/13
Citi AA Platinum Select World Mastercard-$2500-04/13
Citi Business AA World Mastercard-$1000-08/13
Citi ThankYou Preferred-$2000-04/13
Express-$650-01/12
GECRB Paypal Mastercard-$3500-04/13


Scoach
Gold Member
Gold Member
 
Posts: 39
Joined: Wed Mar 06, 2013 9:56 am
Location: Florida, United States

Postby Scoach » Tue Apr 23, 2013 2:01 am

I know nothing of AmEx FR or it's process. However, I would ask why not simply use the card once a week or so for small purchases? A lunch, a quick trip to the grocery store, starbucks, something.

I freely admit I have never done nor contemplated "churning", but it seems to me, that doing some minor spending across all cards would seem prudent.

Best of luck with whatever it is you're trying to accomplish.
AmEx - Platinum, Gold, Bluebird
Chase - CSP, Freedom
HSBC - Orchard Bank (1999)

cashback
Centurion Member
Centurion Member
 
Posts: 793
Joined: Mon Oct 22, 2012 7:11 pm
Location: NY

Postby cashback » Tue Apr 23, 2013 7:41 am

If you're scared of an FR, you shouldn't be churning.
Credit Cards
Amex BCE 25K ---- PenFed Platinum Rewards 15.5K --- US Bank Cash+ 12K --- Discover IT 6K --- Citi Dividend 5K --- Chase Freedom 12.5K --- Amex SPG 6K --- Citi Thank You Preferred 15K

Not Used
Citi Simplicity - 5K, Sam's Club Discover - 10K

Future Cards
Sallie Mae World Mastercard

FICOs
Exp 772 - TU 781 - Equ 781

User avatar
Z06Biker
Centurion Member
Centurion Member
 
Posts: 464
Joined: Fri Apr 12, 2013 5:39 pm
Location: Los Angeles

Postby Z06Biker » Tue Apr 23, 2013 2:47 pm

A lot of the travel bloggers either:

a) Set up a small monthly recurring charge with each "sock drawer credit card" and an automatic payment to an associated checking account so that they can "set it and forget it."

or

b) Have a calendar reminder set to periodically remind them to run a charge through said sock-drawered cards, and then pay them off instantly the moment the charge goes through. I set up a reminder to do this every 3 months.
AMEX: PRG Gold, Business Simply Cash, Business Costco, BCE.
Chase: United MileagePlus Club, Sapphire Preferred, Amazon Rewards
Barclaycard Arrival World Mastercard
HSBC Cash or Fly World Mastercard
USAA World Mastercard, USAA Platinum Mastercard
Wells Fargo Business Platinum
USC Credit Union Mastercard

tigerhunt2011
Platinum Member
Platinum Member
 
Posts: 69
Joined: Wed Jan 12, 2011 8:54 pm
Location: Tucson, AZ

Postby tigerhunt2011 » Tue Apr 23, 2013 6:56 pm

Thank you Biker! Might pursue that. Have Netflix, Hulu, iTunes, NYTimes charges all under $20 usually.

730 FICOs, perfect payment history & AU on a Bus Platinum account, I'm not worried about an FR for any reason other than a change in spending pattern...
AMEX Business Platinum AU-NPSL-07/11
AMEX PRG-NPSL-07/11
AMEX BCE-$2000-07/11
AMEX MB Platinum-NPSL-08/13-->07/11
AMEX Biz Gold Rewards-NPSL-08/13-->07/11
AMEX Biz DL SkyMiles Gold-04/13-->07/11
BofA Alaska Airlines Visa Classic-$2500-06/11
Barclays US Airways Platinum Mastercard-$1500-04/13
Chase Sapphire Preferred-$5,000-08/13
Citi AA Select AMEX-$2000-01/13
Citi AA Visa-$2000-01/13
Citi AA Platinum Select Visa Signature-$5000-08/13
Citi AA Platinum Select World Mastercard-$2500-04/13
Citi Business AA World Mastercard-$1000-08/13
Citi ThankYou Preferred-$2000-04/13
Express-$650-01/12
GECRB Paypal Mastercard-$3500-04/13



Return to “American Express”

Who is online

Users browsing this forum: No registered users and 2 guests