Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
Wow that sucks.
And they closed a friggin checking account because they said it was high risk?! That's nuts I thought you can get a bank account pretty much no matter what your credit score is. Obviously is Amex approves someone for multiple credit cards than they are good for the money - they are the pickiest. For Chase to come back and pull that crap and snub their nose is nuts.
Speaking of business cards if you're going to carry a balance biz cards aren't reported on your credit file. So if you are going to carry a balance of say 30% or more of your credit limit put it on that new Amex biz card you got because it won't show on your record. This can be a good thing if you carry high balance but it's a bad thing if you carry a small balance and want to show the payment history for it. I have an Amex Simply Cash for years and it's never been on any of my credit files because it's a biz card. I wrote another post about this I think in the American Express forum on here. It's pretty crazy that they don't report at all.
I have the Amazon and some other crappy Chase card but I don't use them. This prime plus bullcrap they're pulling now is out of control. I don't even carry a balance but the principle alone ticks me off.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
Current Cards: American Express:
Blue Cash, Simply Cash Bank of America:
WorldPoints Platinum Plus Chase:
Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi:
Thank You Premier, Dividend Platinum Select Discover:
MorePrimary Everyday Card: American Express Blue CashPrimary Travel Card: Chase Sapphire Preferred