takeshi wrote:Always be careful when trying to run an analysis based on forum posts no matter what the topic. You're relying on an unusual sample of card users and discussion forums by their very nature provide a skewed perception of reality. I've carried just over 30% on two AmEx cards (each just over 30%) with no AA. People like to parrot "AmEx doesn't like carried balances" but you also have to be careful assuming that blindly parroted statements like that can be taken at face value.
It's not just a black-and-white or true or false matter. Situations vary. AmEx does carry out AA but people quite often tend to assume that only one variable is at play (e.g. carrying balances) when there are actually a number of factors at play. A lot of people also don't have a good grasp of causal versus coincidental and easily confuse the two.
One data point never defines a trend so a person carrying a balance on am AmEx with no AA really doesn't prove or disprove anything other than with regard to that person's specific situation.
You are absolutely correct. There are many variables, which is why I stated my CS's, situation, and utilization. My experiment and goal here was to determine if those of us who use credit wisely, but carry a balance sometimes have anything to fear from Amex. I am intelligent enough to know that a lot of negative posts come from people who have collections added to thier CR's, maxed our CC's or late payments. The whole purpose of this is to show those who pay on time, keep a lower CL utilization, but choose to carry a balance with Amex CC's over time. It's quite obvious that people who default on loans, pay late on other CC's, or have thier CS's drop so much that Amex will AA them. That's not the point here. There was a lot of Internet chat going around that Amex cancels cards or drops CL's on customers who have perfect clean histories simply because they are carrying a balance and not PIF'ing. That my friend, is what I'm analyzing.