FlyerTalk Forums - View Single Post - Problem using AMEX for US Savings Bonds
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Old Apr 24, 2002 | 6:46 am
  #22  
outoftown
25 Years on Site
 
Join Date: Apr 2000
Location: Cary, NC, USA - AA Plt 3mm/DL Dia 2mm, Hil/Dia Life, Bonvoy/Titanium Life, Spire
Posts: 3,261
As an ex-AMEX employee, I can tell you most of the problems can be avoided by calling ahead and telling the CSR you are planning a large purchase. The ones that don't have any problems thus far probably have large or unusual spending patterns, and the computer doesn't flag their purchase as a potential stolen card. If you think about it, multiple purchases for $1000 even, all in a span of a few minutes, tends to look suspicious. Second point is that while AMEX has no pre-set spending limit, in reality, it is based on your ability to pay. An extremely large purchase immediately after your cut (billing) date can be a warning sign for people planning to skip out or go into a financial crisis (CCC or bankruptcy).
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