AlohaDaveKennedy

Some truth to AMEX hating on MS on their business cards.

KYBOSH

You have A LOT to learn...

Java Cool Dude

Is putting $600 in VGC every 10 days at Staples considered too much to place on my Ink+?
I have been using the VGC to pay for groceries, gas and my son daycare.

DeaconY

YMMV

It all depends on your unique circumstances...no one can answer this with 100% certainty.
What is your CL with this card?
What is your history with the card? History with Chase?
Legit business, income, etc?
What other spending do you put on the card?
ETC....

First rule of MS: YMMV

Jesusdyd4u

Whenever I get a new CC, the first thing I do is get Cash advance lowered to 0, or as low as possible.

The next thing is to put some "regular" spending on the card like groceries, gas, utility, etc. Then I'll start small with maybe $1k of VGC, and ramp up from there.

I've never had a fraud alert or denial of sale on any of my 18 CC.

Java Cool Dude

Hey,
I have had my Chase Ink+ for a little under a month now, the CL is 5 grands.
I have been putting all my monthly expenses on it including phone, cable, child daycare, groceries, gas etc...
As far as the business I got the card for, I claimed to be a personal trainer (which I do a little bit on the side) but my main job is software engineering with an income close to 150k a year.
JCD

Java Cool Dude

What's the reasoning behind that?

Chelski

He's anti cash

Zgirl

To avoid a CA fee.

uncommonsensical

since someone will come along and alter the good advise i spent a solid 5 minutes of my life on, i will repost what i wrote in the wiki here so that what i said can stand alone:

Answer: YMMV. (period)

Any other answer is nonsense and, frankly, misleading; unless the author has intimate knowledge of the details of thousands of cases with each issuer to have a large enough sample size to render an opinion that is grounded in anything other than pure baseless speculation.

i understand the desire to have some sage MSer tell you 'go ahead, it's ok'. well, even though username 'KINGofMS' with 3869 posts (join date, October 2015) says so, he has no idea.

i can sum up people going along with no AA (adverse action) who give advise using a life analogy:

i plan to live forever.
so far, so good.


not to leave without providing some sage wisdom:

do NOT MS Amex Charge cards. too much risk for them and you will, almost certainly, be FR'd with any volume. that said, if your application is 100% truthful and you don't mind turning your tax returns over to Amex's data security... nevermind- knock yourself out.

Java Cool Dude

I never ever do CA, it is against my beliefs if you must know!

krazykanuck

But sometimes things may post as a CA that aren't a CA. I think that was his point. I'd assume none of us would knowingly ever do a CA.

Mamibear

true for me especially when using Citi for initial deposits. I'd rather they decline the transaction rather than be charged a huge CA. When I got my DCB, on activation I requested that my CA be set to zero.

spidy1

When i had to meet my $20K min spend on Amex Platinum, mostly it was MS. Also in between, I did use the card everywhere where i could for purchases. Amex did not give me any issues.