Originally Posted by
grandgourmand
So you're paying business-related bills out of your bank account? If that's the case, then it's more of a matter if your suppliers will accept Amex as payment. If they do, you're golden (pun intended). Pay using Amex, then pay Amex through Bank. An extra step that's worth it. If you have $30k/monthly expenses, then you should really consider getting the Amex biz gold (if you don't already). $5k of spending within three months yields 40k Amex points (through a referral).
As far as churn goes, typical response is apply, hold the card for 6 months, cancel and wait 6 months before re-applying.
Hi, unfortunately I looked into paying suppliers by Amex and although most of them accept it, the largest supplier does not accept it, but accepts bill payment instead. The monthly transaction for this one supplier is over 20k, which is the bulk of the monthly expenses.
That was why I was inquiring whether or not the Amex card allows online log in and Bill payment option which I assume they do not. However, I do have a non aeroplan rbc visa which allows this and was wondering if anyone here has an rbc/cibc/or td aeroplan visa/Mc which allows online log in and Bill payment options. I assume that only the big Canadian banks do this. Any info on this would be gratefl as iI would LOVE to accumulate 30000 points monthly.
As for churn duration, I was under the impression to churn every 6 months (ie: apply and get the card in January, cancel in July and reapply in July. So there is another 6 month wait period?