The Master American Express AmEx Financial Review FR F/R Thread

[fabeasy]

Well, looks like I got the dreaded FR today. I have 3 amexes opened in the last 2 weeks (PRG/OldBlue $5k cl/SPG$1k cl).

 

Although, there hasn't been any method to their madness here are some data points:

1.) Big spending on all cards almost immediately ranging from bills, tuition, MS, and some large purchases. Total between the 3 ~$12k.

2.) Yes, I did play with the spending ability button numerous times. Checked ~10k amounts on PRG.

3.) HHI = $120k+

4.) overall util across all accounts 1%

5.) only 1 unpaid med coll ~$700 2 years ago. Otherwise clean reports.

6.) AAOA ~6 years

 

I suspect I was already on the radar with my rapid spending, but this morning when I hit the spending button for fun to check if my PRG would clear $12k it immediately referred me to call CSR. Maybe it's not a myth afterall.

 

I received a call soon after from a pleasant lady that I was going under an FR and my accounts were suspended until the 4506T was filled out.

 

I faxed in the forms soon after and now patiently waiting.

 

Although, I was truthful about my income, I am nervous on how they feel about my spending patterns. Hope I'm not shutdown!

 

UPDATE:

Received a call from Amex F/R this afternoon and all holds released with no changes to my accounts!

[BobWang]

For some reason,

 

they frown on

 

Robo-D*

[hegemony]

crickets

[Kat58]

chocolate covered crickets

 

FTFY

[cashnocredit]

 

chocolate covered crickets

 

FTFY

 

Yum. Bought a tin of them once.