Originally Posted by
nacho
SEB is particularly great if your income is not from Sweden, all they want is a tax statement from Danish tax authorities. AMEX is ok regarding that but Mr. had to get some sort of certification that doesn't exist in DK. For other bank it was a wait for 5 years and Komplett bank only gives him 10k SEK credit limit and AMEX was over 100k.
Sure, Swedes will typically play ball with other socialist countries but forget bringing in paperwork from other Western countries. The other issue is of course when you use the card for corporate expenses which will typically range a multiple or your income.
Originally Posted by
GUWonder
Does SEB accept credit card account overpayments? Is SEB ok with frequent mid-statement-cycle payments so that the account stays well-below the credit limit?
SEB will let you do this, you can also just pay off your bill in the middle of the month, wait a few days and have a clean credit limit as a work around. AMEX will start sending you letters and remind you that they are not a bank and as such can not 'extend credit' but they'll let you if you typically blow through the credit in 1-2 invoice cycles.