Strategy to obtain US Amex

[georgie23]

I have always been conservative and put small amounts
Business under 1 year
Business Income under 25K per year
Monthly spend 1-2K per month
No employee

This has been for my Amex business cards and don’t have Chase Ink yet but will put small numbers when I apply (only for CSP 2 months ago so waiting a bit more before applying for Ink)

From my reading and DP from others the income you put I have heard keep it under the 100K seems to be a sweet spot

Edit - my understanding- I think the credit limit is linked more to score and history rather than income numbers - especially with first card - maybe by the time you get to 4th Ink the income and business numbers may mean more

 

[cathalm8]

I have always been conservative and put small amounts
Business under 1 year
Business Income under 25K per year
Monthly spend 1-2K per month
No employee

This has been for my Amex business cards and don’t have Chase Ink yet but will put small numbers when I apply (only for CSP 2 months ago so waiting a bit more before applying for Ink)

From my reading and DP from others the income you put I have heard keep it under the 100K seems to be a sweet spot

Edit - my understanding- I think the credit limit is linked more to score and history rather than income numbers - especially with first card - maybe by the time you get to 4th Ink the income and business numbers may mean more

What type of business did you select?

 

[georgie23]

I always put computer sales - small second hand buy and sell

 

[prozac]

I always put computer sales - small second hand buy and sell

Made up or able to justify?

 

[georgie23]

Made up or able to justify?

A bit of both - I do some MS buying goods from Amazon and selling to buyers groups.

 

[cathalm8]

I always put computer sales - small second hand buy and sell

Just tried applying for the CIBP. Automatic denial with below wording..

"We’re unable to approve your application. You'll receive a letter with more information about our decision within 7 to 10 days."

I put in engineering services as business type (as its close to what I actually do) 2k monthly spend, 24k annual revenue.

Any thoughts or advice, I assume I can try reconsideration?

 

[georgie23]

Just tried applying for the CIBP. Automatic denial with below wording..

"We’re unable to approve your application. You'll receive a letter with more information about our decision within 7 to 10 days."

I put in engineering services as business type (as its close to what I actually do) 2k monthly spend, 24k annual revenue.

Any thoughts or advice, I assume I can try reconsideration?

Reconsideration - I think it’s almost mandatory with Chase - calling till get approved

 

[cathalm8]

Reconsideration - I think it’s almost mandatory with Chase - calling till get approved

I didn't even get an email so have no reference number and chase didn't provide a number to call. Ill google the reconsideration number and try anyway.

 

[georgie23]

Credit Card Reconsideration Line Telephone Numbers - Doctor Of Credit

This page contains a list of reconsideration line phone numbers. You should call these numbers if you apply for a credit card and aren't instantly

www.doctorofcredit.com

 

[thedamon]

I've had three different American Amex for almost 2 years now. I have an Amex Platinum in another country that has quite a lot of membership rewards in the local currency but with terrible exchange options. I'm considering doing the global transfer and "converting" the Platinum card I have to a US one to get all the membership rewards.

Has anyone done this successfully? Any experiences to share?

 

[sudoer]

Has anyone done this successfully? Any experiences to share?

There are many experiences posted in this thread. I transferred AU->US about two weeks ago. It took 8 days for the points to arrive in my US account, and another a few days for them to be removed from my AU account.

The exchange rate used is very close to the Google rate. You can only transfer once every 12 months, and the easiest way to request a transfer is live chat.

 

[thedamon]

There are many experiences posted in this thread. I transferred AU->US about two weeks ago. It took 8 days for the points to arrive in my US account, and another a few days for them to be removed from my AU account.

The exchange rate used is very close to the Google rate. You can only transfer once every 12 months, and the easiest way to request a transfer is live chat.

Awesome. How did the actual process work? You just went through the global transfer process again and then once the card had been setup you ask in the US Amex app chat to move the points?