New To American Express cardholder!

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
6 posts
User avatar
nismoZtuner
Centurion Member
Centurion Member
 
Posts: 1105
Joined: Thu Jun 27, 2013 12:39 pm
Location: EARTH -CA

New To American Express cardholder!

Postby nismoZtuner » Thu Jun 27, 2013 1:11 pm

Hello, so i recently started applying for Credit Cards, My first credit card was a BOA reward card. Half a year later (5/13) i applied for the American Express Cash Card In which amex gave me a credit limit of $2k. 3 Days latter i applied for the Discover IT card i was approved and given a credit limit of $1,500.

Later on i wanted to apply for the American Express gold primer- it seems that people really want this card so bad. secondly since my friend kept telling me i would get denied and that there was no chance on me getting one-. so about 4 days ago i decided to apply thinking if i get denied i wont get mad over it nor get disappointed. I wanted to get it out of my system- to my surprise i was approved with out a problem- i received my card yesterday.

My Question is what do those Amex points really mean- what is the value of those points?

Age: 20
Cards:
(9/12)BOA Cash Rewards- CL $600
(5/13)Amex Blue Cash- CL $2k
(5/13)Discover IT- CL $1,500
(6/13) Amex PG- No Limit

Credit Score
TU-737
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710
BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]
American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]
Chase Sapphire Preferred[7.3]
Inquires: TU(?) EX(?) EQ(?)
TCL-$19,800
Age-22


Robrus1
Centurion Member
Centurion Member
 
Posts: 797
Joined: Tue Oct 02, 2012 3:25 pm
Location: Texas

Postby Robrus1 » Thu Jun 27, 2013 8:15 pm

Once you earn points you can redeem them for a variety of things. Travel, gift cards, statement credits, airline miles, etc. Check out membership rewards through your online account. In a couple of months you'll have points that you can use toward stuff. Points usually equal one cent, depending on how they're redeemed. An example would be transferring them to airline miles because sometimes they may wind up being worth more than one cent. I spent 35000 points on 2 round trip tickets to Dallas a couple months ago. Flight was completely free.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

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

Postby Z06Biker » Thu Jun 27, 2013 8:39 pm

Congrats, welcome and enjoy!
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

User avatar
FastSRT8
Centurion Member
Centurion Member
 
Posts: 1454
Joined: Thu Apr 19, 2012 1:32 pm
Location: Canada

Postby FastSRT8 » Thu Jun 27, 2013 8:46 pm

Welcome and build those points up. I've gone past a million before then spent it down. I want to try and save to 2 million points. I'm sure I won't get there.
Carpe diem quam minimum credula postero!

jcruz133
 
Posts: 2
Joined: Fri Jun 28, 2013 3:08 am
Location: San Diego

Sure you can BUT.......................

Postby jcruz133 » Fri Jun 28, 2013 3:13 am

Robrus1 wrote:Once you earn points you can redeem them for a variety of things. Travel, gift cards, statement credits, airline miles, etc. Check out membership rewards through your online account. In a couple of months you'll have points that you can use toward stuff. Points usually equal one cent, depending on how they're redeemed. An example would be transferring them to airline miles because sometimes they may wind up being worth more than one cent. I spent 35000 points on 2 round trip tickets to Dallas a couple months ago. Flight was completely free.


Here is what just happened to me today 6/28/2013: Last week on Jun 15th,2013 I received an approval for the Amex Platinum Card. Of-course it sounded too good to be truth so I decided why not take a chance right? So, the credit card states that it has “a NO PRE-SET LIMIT” which later I found out that was NOT true…Then I called Amex, told them I was going to be traveling to a business meeting with clients and I needed to make sure I was not going to be get decline on any of my travel transactions. The representative from Amex told me that I “may” get declined and if that happens to please call them back…!

*My response to the Amex rep;
“Wait a minute, are you telling me I can get declined even though I have another credit card through Amex and my credit limit is $12,000 dollars...? as proof of been an excellent business client with Amex???”

*The Amex Representative response:
“Yes!!! You can get declined Mr.XYZ and there is no guarantee you will get approved. Just call us back……

* My response / million dollar question to the rep;
“Why in the world I would take a chance to be embarrassed in front of any of my clients on a dinner table at a restaurant and the minute I pull the “amazing platinum Amex” I get a declined in front of them for????? Not only that but, in top of that, I have to PAY $450.00 yearly fee! On the other side of the coin…….Listen to this, I already have another Amex card with a $12,000.00 credit line!, paid in full every month!, and no worries of any embarrassment in front of any of my clients at any restaurant while conducting my business! Why should I use the “amazing platinum Amex” for then????

* The Amex Representative response:
“So what would you want me to do Mr.XYZ? Just call us back WHEN that happens and we take it from there…………


***Conclusion***
It’s up to you if you want to be played like a fool….$450.00 yearly fee, no guarantee if you get a “dinner approval or not”,False advertising; No Pre-Set Spending Limit3 Get the flexibility of a Charge Card - with no pre-set spending limit!!!! …I am cancelling the AMEX Platinum Card by tomorrow and pay my current pending balances off and be done with it!!! Now, with respect to my other AMEX card with a $12,000.00 limit and ZERO annual fees! I’ll keep that one…Is a good card from AMEX Costco, pays you cash back on purchases and NO WORRIES of been declined in front of my clients!!! “Rest in peace AMEX PLATINUM”. I won’t take the chance!!! About YOU???????????

***When I went to the AMEX website to write my review above...here is their response!!!

"Welcome, Select a Card to rate and review We're sorry. We are no longer accepting reviews for particular cards."

Aha' moment for sure....speechless........................ :mad: :confused:

User avatar
nismoZtuner
Centurion Member
Centurion Member
 
Posts: 1105
Joined: Thu Jun 27, 2013 12:39 pm
Location: EARTH -CA

Postby nismoZtuner » Fri Jun 28, 2013 3:33 pm

i figured they do have a limit, but i doubt ill be spending more than what i cant pay since the amount will be due by the end of the month.
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710

BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]

American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]

Chase Sapphire Preferred[7.3]

Inquires: TU(?) EX(?) EQ(?)

TCL-$19,800

Age-22



Return to “American Express”

Who is online

Users browsing this forum: No registered users and 2 guests