BA American express premium plus - pre-overpayment
#1
Original Poster
Join Date: Nov 2011
Programs: BAEC
Posts: 59
BA American express premium plus - pre-overpayment
I realise it's only sort of BA related, but it is all about getting lots of Avios...
Anyway, I wish to make a large purchase - let's say it's £12k - and am hoping to put it on a credit card (for protection and benefits) so I need to find the best option available and was therefore considering the BA Amex Premium Plus card.
I have no idea what credit limit I'll be offered (yet to apply), but for the sake of argument let's say it's £5k.
I have enough money in my bank account to fund the purchase, so was wondering if it was possible with that card to pay £7k or more in advance on to the card (so card has a positive credit balance of £7k), and then make my purchase (using the £7k and my credit limit of £5k)?
From a BA point of view, would that then get me 25k (sign up bonus) + 18k (1.5 Avios per £1 spend) + a companion voucher?
Anyway, I wish to make a large purchase - let's say it's £12k - and am hoping to put it on a credit card (for protection and benefits) so I need to find the best option available and was therefore considering the BA Amex Premium Plus card.
I have no idea what credit limit I'll be offered (yet to apply), but for the sake of argument let's say it's £5k.
I have enough money in my bank account to fund the purchase, so was wondering if it was possible with that card to pay £7k or more in advance on to the card (so card has a positive credit balance of £7k), and then make my purchase (using the £7k and my credit limit of £5k)?
From a BA point of view, would that then get me 25k (sign up bonus) + 18k (1.5 Avios per £1 spend) + a companion voucher?
#2
Join Date: Sep 2014
Location: Cumbria
Programs: BAEC GGL/CCR, Hilton Diamond, Starbucks Gold
Posts: 4,510
I realise it's only sort of BA related, but it is all about getting lots of Avios...
Anyway, I wish to make a large purchase - let's say it's £12k - and am hoping to put it on a credit card (for protection and benefits) so I need to find the best option available and was therefore considering the BA Amex Premium Plus card.
I have no idea what credit limit I'll be offered (yet to apply), but for the sake of argument let's say it's £5k.
I have enough money in my bank account to fund the purchase, so was wondering if it was possible with that card to pay £7k or more in advance on to the card (so card has a positive credit balance of £7k), and then make my purchase (using the £7k and my credit limit of £5k)?
From a BA point of view, would that then get me 25k (sign up bonus) + 18k (1.5 Avios per £1 spend) + a companion voucher?
Anyway, I wish to make a large purchase - let's say it's £12k - and am hoping to put it on a credit card (for protection and benefits) so I need to find the best option available and was therefore considering the BA Amex Premium Plus card.
I have no idea what credit limit I'll be offered (yet to apply), but for the sake of argument let's say it's £5k.
I have enough money in my bank account to fund the purchase, so was wondering if it was possible with that card to pay £7k or more in advance on to the card (so card has a positive credit balance of £7k), and then make my purchase (using the £7k and my credit limit of £5k)?
From a BA point of view, would that then get me 25k (sign up bonus) + 18k (1.5 Avios per £1 spend) + a companion voucher?
Amex generally have quite large available balances. But suspect you may need to use a couple of cards for your purchase.
#4
Original Poster
Join Date: Nov 2011
Programs: BAEC
Posts: 59
In terms of protection yes, but I want to maximise my Avios (hence posting here!) and would prefer to put everything on one card even it it means pre-loading it (is there a term for what I'm trying to do, as searching for credit card in credit isn't every going to be very useful...?)
#5
Join Date: Jun 2013
Location: London
Programs: BA Bronze
Posts: 181
When I first got my card I had a limit of £4k. I wanted to pay my tuition fees though and these were above the limit at £9k.
I rather sceptically tried to put through the transaction and it worked! Amex then sent me a text asking me to call them and the agent said; “There’s the available credit limit and the other limit we have that’ll allow transactions still to go through”. I was encouraged to make a payment quickly before it hits the account or a £12.00 fee becomes due for being over the credit limit
things may may have changed but I hope that helps!
I rather sceptically tried to put through the transaction and it worked! Amex then sent me a text asking me to call them and the agent said; “There’s the available credit limit and the other limit we have that’ll allow transactions still to go through”. I was encouraged to make a payment quickly before it hits the account or a £12.00 fee becomes due for being over the credit limit
things may may have changed but I hope that helps!
#7
Join Date: Nov 2017
Programs: BA, Hilton
Posts: 2,091
I realise it's only sort of BA related, but it is all about getting lots of Avios...
Anyway, I wish to make a large purchase - let's say it's £12k - and am hoping to put it on a credit card (for protection and benefits) so I need to find the best option available and was therefore considering the BA Amex Premium Plus card.
I have no idea what credit limit I'll be offered (yet to apply), but for the sake of argument let's say it's £5k.
I have enough money in my bank account to fund the purchase, so was wondering if it was possible with that card to pay £7k or more in advance on to the card (so card has a positive credit balance of £7k), and then make my purchase (using the £7k and my credit limit of £5k)?
From a BA point of view, would that then get me 25k (sign up bonus) + 18k (1.5 Avios per £1 spend) + a companion voucher?
Anyway, I wish to make a large purchase - let's say it's £12k - and am hoping to put it on a credit card (for protection and benefits) so I need to find the best option available and was therefore considering the BA Amex Premium Plus card.
I have no idea what credit limit I'll be offered (yet to apply), but for the sake of argument let's say it's £5k.
I have enough money in my bank account to fund the purchase, so was wondering if it was possible with that card to pay £7k or more in advance on to the card (so card has a positive credit balance of £7k), and then make my purchase (using the £7k and my credit limit of £5k)?
From a BA point of view, would that then get me 25k (sign up bonus) + 18k (1.5 Avios per £1 spend) + a companion voucher?
BA Amex is it possible to refer additional card-holder spouse for new card?
Now, as madfish has said, Amex generally seem to offer 5 figure credit limits, so you may well find you don't need to preload in this fashion, and a card comes with >12k limit.
#9
Join Date: May 2006
Location: 5 miles from EMA
Programs: BD, BAEC Pleb, VS Pleb, Accor Pleb, HHonors Gold, Big White Season Pass
Posts: 5,904
So you're effectively looking to preload the card, so there's enough available credit for your purchase. I admit my instinct was that would work, but this thread here (despite the title) from 2014 suggests they look a bit dimly on preloading, I don't know if anything has changed.
BA Amex is it possible to refer additional card-holder spouse for new card?
Now, as madfish has said, Amex generally seem to offer 5 figure credit limits, so you may well find you don't need to preload in this fashion, and a card comes with >12k limit.
BA Amex is it possible to refer additional card-holder spouse for new card?
Now, as madfish has said, Amex generally seem to offer 5 figure credit limits, so you may well find you don't need to preload in this fashion, and a card comes with >12k limit.
#10
Join Date: Jul 2010
Location: London, UK
Programs: BA Gold, IHG Diamond
Posts: 356
AMEX is usually the best issuer as far as over-limit purchases go as long as you notify them before hand.
I know an IT guy who had to purchase a 45,000USD in server power supplies on a Sunday (due to some off circumstances) and they were able to assist with making it work, despite being ~20k over limit.
That said they may be willing to make accommodation for card-holders with more history .
I know an IT guy who had to purchase a 45,000USD in server power supplies on a Sunday (due to some off circumstances) and they were able to assist with making it work, despite being ~20k over limit.
That said they may be willing to make accommodation for card-holders with more history .
#11
Join Date: Nov 2017
Programs: BA, Hilton
Posts: 2,091
Perhaps I should phrase it more guardedly, and say the OP could maybe get a card with enough limit to not need preloading (obviously it's always going to vary with individual circumstances)
#12
Join Date: Nov 2007
Location: SW London
Programs: BAEC Silver; Hilton Diamond;a miscellany of other hotel non-statuses
Posts: 3,607
Worth checking you can make the purchase on a card. I was a bit disappointed when told by the payment desk at a car dealer that the salesman had been wrong to tell me I could use a card for the full (similar) cost, and that the amount they would take (£5k?) would be subject to a percentage fee, and couldn't be AmEx.
#13
Join Date: Sep 2012
Location: NW London and NW Sydney
Programs: BA Diamond, Hilton Bronze, A3 Diamond, IHG *G
Posts: 6,344
For a purchase of £12k I would expect the retailer to be flexible about accepting multiple payments by card, in this case meaning that the OP could pay up to their credit limit, then pay off the card and repeat (unless it's something like buying an F ticket online).
However, not sure if Amex would let the second payment go through especially if it's a new account. But the same applies to preloading the card.
I would suggest informing Amex of the plan before actually enacting it unless the OP has a long history with Amex of spending these amounts, but if this were the case then Amex should give a generous credit limit in the first place.
However, not sure if Amex would let the second payment go through especially if it's a new account. But the same applies to preloading the card.
I would suggest informing Amex of the plan before actually enacting it unless the OP has a long history with Amex of spending these amounts, but if this were the case then Amex should give a generous credit limit in the first place.
#15
Join Date: Dec 2015
Programs: BAEC Gold, HH Diamond, IC Ambassador, Sixt Platinum
Posts: 95
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