Amex charge card reddit As for the reporting to the credit bureaus, it does not report as traditional utilization since there is no limit. 2-in-90 : Can only be approved for 2 credit cards (again not charge cards, no limit on those) per rolling 90 day window. It says there are no international fees by Amex but, merchants may charge their own foreign fees. But overall, while the charge cards don't have a set limit, I would always expect them to give you as much leeway as a comparable card with a set limit. 5-2. I. Join the conversation and unlock a world of exclusive perks and premium service. Reply reply mosehalpert • A “no preset limit card” is a charge card. There is a tool on the app that lets you see “if your charge will be approved”. Fraud protection is amazing (had the card stolen once and had a great experience with customer service), rewards on pretty much all purchases, special rewards at certain merchants, early access to tickets for events, free credit report in-app, cool-looking card, etc. With Amex charge cards, which are 99% of the market, you don't get a pre-set credit limit. Given their five-card limit, I'm considering closing a card to make room for the Hilton Honors American Express Surpass® Card, whose 170k point offer ends on the 18th. r/Amex is the place for American Express cardholders to connect, share tips, and discuss everything related to their premium card benefits. Now it seems like 3. Places that never charged extra now are, surprisingly seeing restaurants doing this. I had the Amex Gold card since 2019 and back when the $100 travel credit was offered to help offset the annual fee. Amex currently has 3 charge cards in their lineup (in the US), the Green, Gold, and Platinum. They're still a thing in that they are charge cards and work like charge cards, but Amex has slowly moved away from that terminology and has pushed and incentivized people to turn on the "pay over time" feature which essentially turns them into a credit card. I have an Amex Everyday Preferred Card with a 70k limit, plus other CC and charge cards with Amex as well. Welcome to the sole, officially recognized American Express Community on Reddit! American Express, a premier financial institution, extends a diverse portfolio of services, inclusive of credit, debit, and charge cards, augmented by an assortment of travel-related provisions. It’s not a traditional credit card, you can take it out but you have to repay all the balance each month. 75%-4% is the new standard. Charge card meaning that you have to pay your statement balance in full every month or you can be charged a late fee. The Amex charge cards start with a “behind the scene” limit. Anyway I was really confused as this isn’t the case for a platinum Amex, and this is because it’s a charge card - except for certain purchases. It will help you with payment history but it has not effect on utilization. 5k charge. Hey all, I'm at a crossroads with my Amex lineup ad could use some collective wisdom. I prefer them over regular credit cards Aug 23, 2024 ยท Welcome to Reddit, Question Why are there so many mixed opinions on charge cards? (self. . 100% communication and customer relations makes all the difference with Amex. It use to be 2. I was wondering what the international fees on the Amex gold card would be like. amex) submitted 18 hours ago by Still-Asparagus-347 59 comments share save hide report all 59 comments sorted by: best top new controversial old q&a r/Amex is the place for American Express cardholders to connect, share tips, and discuss everything related to their premium card benefits. American Express (Amex) 5 credit card limit 10 charge card limit 2/90 1/90 Amex Popup Family Rules Once in a Lifetime Financial Review (FR) Bank of America (BoA) Closure of “excessive cards” – 4? 2 card limit for students 2/3/4 Rule 24 Month Rule Barclay 6/24 or 7/24 Capital One (C1) 1/6 Pulls all 3 credit bureaus Chase 5/24 2/30 1/30 1/ I've noticed that a lot of merchants are increasing the processing charge to use credit cards. 75% as a standard credit card fee. e. My only concern would be if your Amex was opened a long time ago and your credit has improved significantly since then. What’s everyone’s experience with this traveling abroad? Are there any fees either from Amex or merchants, especially in Europe? Original post: Two months ago my Amex card was compromised and two fraudulent charges got through. I immediately froze the card, called American Express, and reported the fraud. The first one was a $10 gift card charge, then a $3. Membership confers considerable advantages, incorporating distinctive rewards, preferential pricing structures, seamless There's no yearly fee for my card and the perks are great. When I ask why the increase, a lot of merchants say because they take or just started taking American Express. So I just wanted to post this so people are aware. Amex green, gold, platinum. Charge cards have to be paid in full every month, whilst with credit cards you can carry the balance (though you shouldn't). Whether you're looking to maximize your rewards, navigate travel perks, or get the most out of exclusive experiences, this subreddit is your go-to resource. That being said, Amex now has optional programs that allow you to carry a balance on their charge cards as well. Especially if it’s a charge card. Did Amex charge cards are worth it if you can organically offset the annual fees using the card's included benefits and/or you spend a lot of money in each card's bonus spending category. Two Amex rules to be aware of: 1-in-5 : You can only be approved for one card per 5 days so space accordingly (does not apply to charge cards, only credit cards). So you can type in that you want to make a $5000 purchase and it will let you know if it will get approved. nmzjct hbelzi wvar dub iaazn ypyq udvp yxu ktrd vbrbqr oopbxk yfyc lbwenx cgukysm pdzwis