I find the obsession with the black card funny. My gold card can out buy most black cards. And Amex does have a spending limit. To increase your spending limits Amex usually wants personal tax returns and copies of your investments.
How do you pay for ppc and facebook large bills?
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I find the obsession with the black card funny. My gold card can out buy most black cards. And Amex does have a spending limit. To increase your spending limits Amex usually wants personal tax returns and copies of your investments.
I usually just ask Warren Buffet to lend me his card. Or I tell Warren to call up the facebook interns to tell them to stop being gay. Try it out, it works.
Why do people pay that incredible fee for the black card when you can get a nice limit on the gold ?
i just figured out that i can set up wire transfers by phone for my B of A card and just pay off the balance in the middle of the month so that i can free up more credit when i need it.
Pretty much what I've had to do is get as many cards as possible with co-signers that have a good credit score, then some of in my own name. Then a debit card with as much transfer as I can muster.
I added them all as backups cards on my account(best card as primary), with the debit card at the very back.
Every few days to a week I check all the cards out online to see what transfers have gone through and see how close they are to maxing. If they're over 50% spent, I send out the payment and hope it hits soon.
Keep in mind, this doesn't always work perfectly; my accounts are put on financial hold every so often when all the cards max out and I'm waiting for the ACH transfers to go through/be acknowledged by the CC companies.
In addition, many get nailed for "suspected fraudulent activity" due to big transfers coming through in rapid succession.
The big disadvantage of doing this is you get totally FUCKED by "revolving credit" on your credit reports.
I can't speak to anything beyond what I said above, as I'm not exactly a credit rating expert(though I have pretty good credit)
My Amex Platinum was able to take a 90k blast in under 10 days, so if you can get approved it's a solid card. With most Amex cards your spend limit is pretty low (around 20k I think mine started), but as you pay off the card it increases. I'm not sure how high they go as I've never really maxed it, I usually pay it off weekly. The higest I've gotten was like 235k I think on the Plum.
Bah. Mine started at 3k. Then when all the credit companies flipped their shit recently, 1k. That's what we call the "cigarettes and rebull" card.:angryfire:
Got some others with a decent limit though.
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