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I haven’t been on here lately, but I’m back after quite a journey—especially with business credit! I’m convinced that exchanging experiences and information with fellow business credit seekers on this forum can be ten times more helpful than calling lenders’ customer support. My latest call with American Express reinforced that feeling. I’m planning to apply for the Amex Business Platinum Card, but I recently had a payment returned because I accidentally submitted it from an old bank account. I caught the mistake and made another payment from the correct account on time, and that payment has already posted. Despite that, Amex continued trying to collect the original payment from the old account. From what I was told, the restriction on my card would remain until those attempts were completed—even though the replacement payment had already gone through. I’m holding off on applying while the restriction is active. My question is: Once the restriction is lifted, how long should I wait before applying for the Business Platinum? Has anyone experienced something similar and successfully been approved afterward? How long did you wait?

Only in the USA will people step out wearing $500 sneakers, have a $1000 cell phone, and say capitalism is oppressing them.

Basically using another lender as a co-signer.

Harris Teeter. Subsidiary of Kroger rolled out the same card. Only difference is the name on the front.

After the whole debacle involving the Sam Bankman-Fried-linked Bitcoin credit card—which shut down immediately after the farce ended—I will never again use a card from any fintech company. The way I see it, these fintech companies simply cannot be trusted; their funding relies primarily on the support of investors. They are nothing more than middlemen with absolutely no decision-making power when a major crisis hits.

Hello Hege, it's great to hear from you! Major banks are reluctant to classify Walmart as a grocery store due to concerns over insufficient profit margins, while Kroger’s rules regarding the conversion of grocery spending points into equivalent cashback are also ambiguous. The only credit card I use for supermarket purchases is the BMO cash-back card, which offers 3% cash back at Walmart. After all, Walmart is classified as a grocery store—even though some major banks and other institutions categorize it as a general merchandise supercenter. This discrepancy in classification is often exploited by certain credit unions to lure you into applying for their 5% cash-back cards; however, they frequently downgrade these cards shortly thereafter because the products themselves yield low profit margins, leaving cardholders frustrated and dissatisfied.

https://chainstoreage.com/fabletics-debuts-credit-card-rewards-members just what @cv91915 needs, a card for his leisurewear

had to dig deep to find it is issued by First Bank & Trust, Brookings, SD. https://progressivegrocer.com/exclusive-kroger-introduces-new-co-branded-credit-card

Time to teach the Judge some Rules of Evidence and Civil Procedure. Prepare a phony statement showing the Judge owes you $15,000 and file suit against the Judge. When the Judge claims they do not owe the debt, tell him "well, according to the rules of evidence you ruled on in my case before you, you do. My Plaintiff needed no further evidence than some statements without authentication by anyone." Of course, this could get you thrown in jail for Contempt of Court, but as Mae West said "Contempt? That is the least of it".

https://www.doctorofcredit.com/jpmorgan-chase-looks-to-open-second-look-applications-for-cobranded-cards/

Hey Remember me? I lost my case against lvnv. My motion for discovery was denied. As it turns out in MD, discovery is not allowed in small claims. There was a way to get around this but I could not execute this in time. (Another defendant told me about this in hallway). I laid out the facts: broken chain of title, debts transfer on the same day, hearsay business records. The judge did not care about any of that; only focused on the credit card statements. Now I'm prepping for Appeal.

"The conversion will not change existing rates, fees, credit limits or payment due dates. Comenity also says it will not appear as a closed account on cardholders’ credit reports. Instead, the existing account will be shown as transitioning from Visa to American Express." Most NFL Team Credit Cards Move From Visa to American Express

But I guarantee any late payments will be reported. Under their rules either you get no benefit on your credit file or you get dinged for delinquency. Somebody please show me any positives here, all I see are negatives.

I'm glad I don't have tech on a payment plan.

US Bank refuses to be outdone también. They just upped my Platinum Visa limit to $29K. That's now my highest limit. Ever. : /

As supern8tural said, with MOST issuers, the balance showing on your statement date is what gets reported to the CRA's. Another exception in addition to the Chase one supern8 mentioned is US Bank. They report whatever your balance is on the first day of the month. : /

My credit has gone from 90% of total credit used to 82% of total credit used. I have a $500 Credit One AMEX coming soon. I think it is best to let Portfolio age off, since 1. They appear to want to play hardball, since my dumb ssa agreed to a payment plan on their full balance when that card got to them. 2. The last time I made a payment was probably somewhere in 2021 when I was still trying to right the ship, so 6 year SOL says next year maybe I'm in the clear, I don't want to go logging in or getting on their radar to find out. ~$2500 so it's a baddie until it falls off in about 2 years, again maybe 2021 is reference point. Reported as Unpaid Collection 3. Their email to me says NOT an attempt to collect a debt, so. I'm going to let them age off, I think is the best move.

Your FICO-8 score has reached an exceptionally high level (800 points); at this stage, gaining even a single additional point becomes a formidable hurdle, making it difficult to ascend to a higher tier. Your current score falls within a specific range of the scorecard group, and I believe that the SSL installment loan is significantly propping up your FICO-8 score. If you pay off that SSL loan or it reaches its expiration date, your score will almost certainly drop back to the 760–770 range. Incidentally, that $10,000 in revolving debt is clearly an issue; frankly, you need to pay it off as soon as possible. It is dragging down your score and negatively affecting credit approvals.

I have 800 scores and less than $10,000 in debt. I have money in the bank, bills are paid and I know if my car breaks down that I can afford to get it fixed. Amex told me the reason they were scrutinizing my pre-approval was because I had several applications in a short time. I was having trouble one night because I had my credit report Frozen and I thought I had removed the freeze and submitted a few applications by accident with my report Frozen. I figure I'll wait a few years and at that time I might try again. I honestly don't need the card. It's more for status. 😊

Being asked to provide bank account details as early as the pre-approval stage is certainly disappointing. This usually indicates that your credit report contains factors that trigger an automated system alert, or it may stem from your past relationship with American Express; regardless of the reason, it suggests the application process may not be entirely smooth sailing. Looking at the broader credit landscape, many banks and credit unions are currently tightening risk controls and scrutinizing applicants' income and assets more rigorously. However, American Express is particularly aggressive in this regard, often requiring tax records and bank account information when processing new applications or requests for credit limit increases. It is certainly good if your current financial situation is sound, but you must curb debt growth—the sooner you pay it off, the better. Without vigilant monitoring, much like a hawk keeping a sharp eye on its prey, debt can easily spiral out of control. Many intelligent people have stumbled precisely on this point.

I tried to apply for the regular American Express card but they keep wanting my tax returns just to do a pre-approval. I have an American Express card with both Macy's and Bloomingdales with $30,000 each. I have the raktuken, fetch and coin base one card totaling $40,000. I'm okay not having a regular American Express card. I have all the credit that I need. I've come a very long way from where I was 20 years ago. I'm a much different person now. I carry very little debt.

I’m really happy you secured a $100,000 credit limit with AmEx. Reading your description, I’m a bit puzzled: you currently hold several AmEx cards—though it seems you didn't obtain them directly through AmEx channels—and you have over $100,000 in total credit across them, all without paying an annual fee. I used to have the AmEx Platinum Card; I recall the annual fee was $395 back then, while the Gold Card was $75 and the personal Green Card was $55. Currently, I only hold the Classic Green Card, the BCE card, and the BCE Magnet card, with a combined credit limit of $60,000. I’ve said many times that if AmEx revamps the Classic Green Card and significantly raises the annual fee (to over $200), that would be a deal-breaker for me; at that point, I’d have to part ways with the card reluctantly.

I had this card many many years ago and at the time it was well worth it for me to pay the $350 annual fee as I saved a lot of money when I was traveling. I was under 25 years of age and I rented a lot of cars and I saved significant money renting cars through Hertz. I have several American Express cards now but not through American Express. I have more than $100,000 in American Express credit lines and I pay no annual fees.