BA American express premium plus - pre-overpayment
#16
FlyerTalk Evangelist
Join Date: Jul 2010
Programs: AA
Posts: 14,734
I've done this for work with a newly setup card. The initial limit was low, but we needed to use it for a large amount of charges related to setting up a new office. We prepaid a large amount and AMEX had no issue with this, and then after a certain amount of time (90 days I believe) automatically refunded the slight overpayment that was left after that point. By that time the card had been used enough for the initial low limit to be removed.
#17
Join Date: Jan 2005
Programs: BA Gold, several other less interesting cards...
Posts: 3,712
I have actually done exactly that and can confirm it works.
I've transferred the amount via bank transfer onto the account details that amex provides in the FAQ/Help section. You'll then basically be in "plus" and can pay something worth the "plus" and your normal credit limit (So you transfer 7k, you have a 5k limit, you can spend 12k)
It worked roughly a year ago, I wouldn't know why not anymore
I've transferred the amount via bank transfer onto the account details that amex provides in the FAQ/Help section. You'll then basically be in "plus" and can pay something worth the "plus" and your normal credit limit (So you transfer 7k, you have a 5k limit, you can spend 12k)
It worked roughly a year ago, I wouldn't know why not anymore
#18
Original Poster
Join Date: Nov 2011
Programs: BAEC
Posts: 59
Thanks all - have applied (successfully) for the card and will see what credit limit it comes with.
I will then, before making the purchase, tell Amex what I am about to do.
Worst case scenario I can use my shiny new Amex for some of it, and put the rest on another card,
I will then, before making the purchase, tell Amex what I am about to do.
Worst case scenario I can use my shiny new Amex for some of it, and put the rest on another card,
#19
Join Date: Mar 2009
Location: UK
Programs: BA Gold / Hilton Diamond / IHG Diamond Ambassador / Marriot Bonvoy Gold
Posts: 2,533
American express will not allow you to go into credit. I have tried this a number of times but the system just reject the payment.
Amex are however generally very accommodating so the best course of action is to call them.
Amex are however generally very accommodating so the best course of action is to call them.
#20
Join Date: Jan 2007
Location: living near Malaga
Programs: BA Gold , Mucci recipient. Coffee Drinker, Blue Sky Thinker
Posts: 2,111
I seem to recal reading somewhere that if you load your card in advance to pay for something over and above your credit limit that your statutory rights are disadvantaged in some way..
If your limit was 5k and you prepaid £7k on the card to make a 12k purchase then your (S75?) rights are based on 5k not 12k..
I did try to google this but am travelling and on my mobile so failed to find the details..
If your limit was 5k and you prepaid £7k on the card to make a 12k purchase then your (S75?) rights are based on 5k not 12k..
I did try to google this but am travelling and on my mobile so failed to find the details..
#23
Join Date: Mar 2016
Location: Glasgow, UK
Programs: Seigneur des Tarifs Utils First Class Mucci with Honours :) - BA GGL / CCR
Posts: 1,551
From what I have learnt the credit limit typically approved is 1.5x gross monthly Salary as a credit limit and as has been mentioned before to get more cash available bank transfer the money to AMEX account so it gets an inflated positive then make the required purchase.
Simple
Simple
Last edited by cgtechuk; Apr 11, 2018 at 2:50 pm
#24
Join Date: Nov 2014
Posts: 935
I seem to recal reading somewhere that if you load your card in advance to pay for something over and above your credit limit that your statutory rights are disadvantaged in some way..
If your limit was 5k and you prepaid £7k on the card to make a 12k purchase then your (S75?) rights are based on 5k not 12k..
I did try to google this but am travelling and on my mobile so failed to find the details..
If your limit was 5k and you prepaid £7k on the card to make a 12k purchase then your (S75?) rights are based on 5k not 12k..
I did try to google this but am travelling and on my mobile so failed to find the details..
#25
Join Date: Oct 2009
Location: Dundee
Programs: BA Plastic. HH Diamond. Speedwell Bar Lifetime Platinum.
Posts: 1,425
The credit limit will normally show as the full amount, but will be a negative balance.
Snap. Had a one off £400 increase on my limit since 2013, but still below 10K
Or I guess I'm not typical...
#26
Join Date: Dec 2003
Location: Surrey, UK
Programs: BA Gold....er now Silver...er now Bronze....er now Blue
Posts: 3,507
I have a fairly small limit on my Amex by choice but if I need to make a large purchase, a bank transfer generally impacts on the limit in 2-3 hours and I've never had any problems using the card that way. Never had to call Amex - I just do it.
#27
Join Date: Dec 2007
Location: Harrogate
Programs: BA, KL, DL
Posts: 996
They're pretty flexible in my experience. A friend's son got the BA Amex (student, age 19, no job) with a credit limit of £6k from the start. He called them and said he wanted to put a car purchase through costing £8k, and they upped his credit limit to £10k without question.
#28
Join Date: Mar 2016
Location: Glasgow, UK
Programs: Seigneur des Tarifs Utils First Class Mucci with Honours :) - BA GGL / CCR
Posts: 1,551
They're pretty flexible in my experience. A friend's son got the BA Amex (student, age 19, no job) with a credit limit of £6k from the start. He called them and said he wanted to put a car purchase through costing £8k, and they upped his credit limit to £10k without question.
Like anything else I would put a lot of this down to risk, I have seen people limits drop as well as go up. Anyway buying a car with a Credit Card doesnt sound like a great choice, But hey who am I to question others.
#29
Join Date: Dec 2009
Location: London UK SE1
Programs: BA Gfl / GGL + CCR , Amex Platinum, Amex BA Premium Plus
Posts: 156
From what I have learnt the credit limit typically approved is 1.5x gross monthly Salary as a credit limit and as has been mentioned before to get more cash available bank transfer the money to AMEX account so it gets an inflated positive then make the required purchase.
Simple
Simple
#30
Join Date: Mar 2016
Location: Glasgow, UK
Programs: Seigneur des Tarifs Utils First Class Mucci with Honours :) - BA GGL / CCR
Posts: 1,551