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Reader – AMEX shut me down due to 3rd party check payments

March 7, 2018March 6, 2018 Vinh  Credit Cards  American Express, amex, shutdown  12 Comments

This was the first time I’ve heard of a non-FR based axe from American Express.  I can’t go into the details of the situation, but let’s just say that AMEX doesn’t like it when it receives personal checks not in your name or in any other unauthorized users’ names.  If you’re doing this, I suggest […]

AMEX RAT not giving out spending bonuses due to GC purchases

February 26, 2018February 23, 2018 Vinh  Credit Cards  amex, rat  20 Comments

Introduction We all know to stay away from GCs when trying to meet min spend for the AMEX signup bonuses; however there is now 1 data point that shows they will not give you spending bonuses either.  Here’s a reader’s exact quote: In October, I received a promotion on my biz SPG card offering 15k […]

Reader shutdown story – Bank of America

February 21, 2018February 19, 2018 Vinh  Credit Cards  Bank of America, shutdown  11 Comments

Introduction It’s been a while we’ve heard of a BoA shutdown, but it seems to have happened to a reader recently.  His quote below: I just learned that BoA closed all my credit cards (3). “Business decision to not support your banking needs any more. Decision is final”. They claim they sent a letter on […]

Alliant no longer giving 3% on giftcards.com purchases and sent out letters to HHs

February 19, 2018February 16, 2018 Vinh  Credit Cards  alliant  2 Comments

Introduction The Alliant 3% card is a card most HHs (heavy hitters) use.  They’ve been cycling the card and running some pretty big numbers on the card.  Well, it seem as of 1/30, they aren’t giving 3% on giftcards.com purchases and to make matters worse, I heard they aren’t even giving 1% on it.  Straight […]

How to reallocate your new Discover Miles credit line

February 2, 2018January 25, 2018 Vinh  Credit Cards  Discover  3 Comments

Introduction It’s tribal knowledge that Discover gives out a very low credit line, especially on the Discover Miles card.  I’ve tried numerous times in the past to move credit from my IT card to the Miles card and have gotten rejected.  The only time I’ve heard of it working was if you got a pending […]

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