American Express Membership Rewards - Amex can web payment can handle of $100,000.00 USD

Does anyone know why when you make a pull eft payment with Amex website it can not handle over $100,000.00 USD? You are allowed to enter an amount greater than a $100,000.00usd but Amex always breaks it up and posts multiple payments of $99,999.99+ other payments.

It's been a minor annoyance for years...

My "online" payments are broken up into $99,999.99 when the ACH transactions hit your account. It's annoying for accounting purposes but meh, something I've personally learned to live with. It's that or mail em a check...a bigger "minor" annoyance :rolleyes:

It's been this way forever. I was hoping that with the recent site redesign, they'd have fixed that.

It's been this way forever. I was hoping that with the recent site redesign, they'd have fixed that.

why? who cares?

It is an accounting pain in the rear.

...accounting inconvenience.

Does anyone know why when you make a pull eft payment with Amex website it can not handle over $100,000.00 USD? You are allowed to enter an amount greater than a $100,000.00usd but Amex always breaks it up and posts multiple payments of $99,999.99+ other payments.

Oh, how I wish this was a problem I was facing ;-)

Oh, how I wish this was a problem I was facing ;-)

Why? Do you enjoy accounting inconveniences?

These are more than likely business expenses.

Why? Do you enjoy accounting inconveniences?

These are more than likely business expenses.

Hey, if this is a business that has $100k+ in expenses in a billing cycle, I'm guessing that other key other numbers (like net profit) may also be impressive! :)

I always just break it up for accounting purposes because I know it'll do it every time. First few times was frustrating. Now I just factor it in when I make the payment.