Originally Posted by
bostontraveler
Fortunately I never got the dreaded "financial review" but a friend of mine did in the US. They demanded tax forms and bank statements.
She provided them... and they canceled her accounts anyway.
Never a late payment, plenty of income... just something must have been flagged in her account. In the US they pull all kinds of information that they cannot in France from many, many sources. Incredibly intrusive. But that's the US, the land of the wild and free.
I'd be curious to know what information they can get in France given the privacy laws. Clearly they can estimate your income by where you live...and they do transactional analysis. But aside from that I'd be curious to know what else they do...
I can tell you one little story which is mine ...
I had a platinum amex . ..very great sometimes 15k in one month ....
Anyway 1 day I paid a ticket for a friend who had some problem with the french police not even my friend his girlfriend .. This trigged a flag at the police and the police asked amex for my spendings ...
They said we need to see but all is ok .... But Amex just cancelled my card even if I did nothing wrong ..... they just said no more card in 2 months...
when I received the letter I said ... ... w...t...f...is this ....
But after when I spoke with the police they explained.. then I knew why my card was cancelled
But I still was happy with amex canceling since I never use my miles . And I love my bourso
bye bye amex ...even if they say you can renew in 1 year I don't really think it is worth it