BA Amex insufficient limit
Jul 12, 2022, 6:27 am
#31
Join Date: Jun 2009
Location: UK
Programs: Lemonia. Best Greek ever.
Posts: 2,274
I had an Amex temporary increase in my credit limit about 7 years ago. I only needed it for a month to pay for a group's outing.
Amex never reduced that credit limit.
It has just come in handy again!
Amex never reduced that credit limit.
It has just come in handy again!
Jul 12, 2022, 7:15 am
#32
Join Date: Aug 2010
Location: London Stratford, E7
Programs: BAEC Gold! Thanks to FT
Posts: 3,380
Whilst it might be physically possible (some 100% won’t permit it), it *will* start ringing alarm bells and potential internal and external audits which might mean yiur short haul flight from XXX to LHZr is cancelled and you need to book a hotel for your party of 4 and you ull out your AMEX and find you can’t use it.
Phone them up and ask them but be wary.
I was buying my car for cash, nothing extravagant but over my card limit. I asked if I could increase the limit and they said no just overpay. When I tried to do this I was told it wasn’t possible. I logged a formal complaint which they didn’t uphold advising thst I needed to adhere to rules of the card.
The financial ombudsman ordered they make an ex-gratis payment of the Avios or a sum of money sufficient to buy the Avios that would have been gained if the transaction had gone through and £250.
Jul 12, 2022, 7:23 am
#33
FlyerTalk Evangelist
Join Date: May 2015
Location: BOS, YVR, ZRH
Programs: *G
Posts: 17,399
A lot of financial institutions get jittery about this as there could be money laundering implications. The same with buying a fully flexible ticket, , paying it off, cancelling it, getting a refund and having the monies back on your card.
Whilst it might be physically possible (some 100% won’t permit it), it *will* start ringing alarm bells and potential internal and external audits which might mean yiur short haul flight from XXX to LHZr is cancelled and you need to book a hotel for your party of 4 and you ull out your AMEX and find you can’t use it.
Phone them up and ask them but be wary.
I was buying my car for cash, nothing extravagant but over my card limit. I asked if I could increase the limit and they said no just overpay. When I tried to do this I was told it wasn’t possible. I logged a formal complaint which they didn’t uphold advising thst I needed to adhere to rules of the card.
The financial ombudsman ordered they make an ex-gratis payment of the Avios or a sum of money sufficient to buy the Avios that would have been gained if the transaction had gone through and £250.
Whilst it might be physically possible (some 100% won’t permit it), it *will* start ringing alarm bells and potential internal and external audits which might mean yiur short haul flight from XXX to LHZr is cancelled and you need to book a hotel for your party of 4 and you ull out your AMEX and find you can’t use it.
Phone them up and ask them but be wary.
I was buying my car for cash, nothing extravagant but over my card limit. I asked if I could increase the limit and they said no just overpay. When I tried to do this I was told it wasn’t possible. I logged a formal complaint which they didn’t uphold advising thst I needed to adhere to rules of the card.
The financial ombudsman ordered they make an ex-gratis payment of the Avios or a sum of money sufficient to buy the Avios that would have been gained if the transaction had gone through and £250.
Jul 12, 2022, 7:55 am
#34
Join Date: Aug 2010
Location: London Stratford, E7
Programs: BAEC Gold! Thanks to FT
Posts: 3,380
You cancel the flight and the money is refunded back to your card. You say to Amex I’d like my money back please. Amex say certainly Mr Smiley90 I’ll sort out a faster payment to you in todays run.
On your bank statement your ‘dodgy ‘ money is now no longer. If someone asks you for source of funds you can say oh I got it from Amex. Here you are on my bank statement and dodgy money is now layers, placed and integrated in society.
This is why refunds usually have to go back to original form of payment.
A well known airline in its early days nearly had its card processing capabilities removed as they weren’t particularly careful in who they allowed to book flights and the ensuing action taken. By covering a lot of the losses incurred by banks and a review of their processes meant they had their card processing capability continue.
Jul 12, 2022, 8:00 am
#35
Join Date: Jul 2013
Location: LAS/DXB
Programs: LH HON
Posts: 1,193
What's the deal with people saying pre-payment is contrary to Amex T&Cs? I have been pre-paying credit and charge cards with Amex pretty much every month for 15 years. I like to keep my charge card balance low so I generally pre-pay any planned charges a few days beforehand. My balance is negative for half the month and Amex has certainly never complained about it, in fact their financial department specifically told me to do this when I kept hitting limits on my charge cards. I could only see it being an issue if you constantly overpay and request refunds of the balance or purchase things like gold or gift cards that could be used for money laundering?
Jul 12, 2022, 9:58 am
#36
Join Date: Jun 2018
Programs: BAEC Silver
Posts: 160
Amex does a data analysis based on your previous spending and payments. At least in the Netherlands.