Strategy to obtain US Amex

[Phoenix-1]

I have an offer to get a $250 bonus by opening an Amex checking account, but the form requires me to answer a question about W-9 backup withholding. No matter if I chose "yes" or "no" one of the statements is "I am a U.S. citizen or other U.S. person"

For those who opened Amex checking accounts, how did you handle this?

 

[levelnine]

And I assume doesn’t take up any space on 5/24 as business?

Correct.

 

[georgie23]

I have an offer to get a $250 bonus by opening an Amex checking account, but the form requires me to answer a question about W-9 backup withholding. No matter if I chose "yes" or "no" one of the statements is "I am a U.S. citizen or other U.S. person"

For those who opened Amex checking accounts, how did you handle this?

From memory this didn’t come up when I signed but there was no sign up bonus when I signed up.
I have an offer for $350 for a Savings account and I looked at it quickly the other day and the same form came up

I am assuming it will be for people earning interest and completing tax return the form is required. As non resident aliens not sure if we can just ignore it - seems Amex will want to complete a form anyway

- wondering if the SUB only triggers a 1099 form if reaches over $600 (have seen that from elsewhere)

 

[Phoenix-1]

I am assuming it will be for people earning interest and completing tax return the form is required. As non resident aliens not sure if we can just ignore it - seems Amex will want to complete a form anyway

- wondering if the SUB only triggers a 1099 form if reaches over $600 (have seen that from elsewhere)

Makes sense. Maybe I'll give them a call. I'll report back if I do.

 

[djchuckles]

Finally got round to calling Amex about my Business Checking application. They said they just need to verify my identity. So they’ve sent me a link to do this via Notarycam.com and I’ve set an appointment for tomorrow. Seems pretty painless.

NB I don’t have SSN or ITIN (yet), and have had an Amex US CC via GT for just under 2 months.

 

[georgie23]

When I did the notary they just wanted passport and to prove you are who you say you are

 

[mike0430]

I have an offer to get a $250 bonus by opening an Amex checking account, but the form requires me to answer a question about W-9 backup withholding. No matter if I chose "yes" or "no" one of the statements is "I am a U.S. citizen or other U.S. person"

For those who opened Amex checking accounts, how did you handle this?

I think the problem here is that its hard to qualify for the 2 x $1000 deposit transactions.

 

[blacksultan]

I have an offer to get a $250 bonus by opening an Amex checking account, but the form requires me to answer a question about W-9 backup withholding. No matter if I chose "yes" or "no" one of the statements is "I am a U.S. citizen or other U.S. person"

For those who opened Amex checking accounts, how did you handle this?

How did you receive offer ? Was it an email ?

 

[blacksultan]

Everyday no annual fee one. If you don't want to loose 1 slot of 5/24 then downgrade (after min 1 year) one of aMex card to this Annual fee free to keep your MR

Can’t downgrade as everyday are / were in a separate card family .

 

[Phoenix-1]

I think the problem here is that its hard to qualify for the 2 x $1000 deposit transactions.

Seems like Revolut deposits as ACH which will meet the requirements.

How did you receive offer ? Was it an email ?

As part of the "Offers" under my Amex Blue Everyday card.

 

[djchuckles]

Seems like Revolut deposits as ACH which will meet the requirements.


As part of the "Offers" under my Amex Blue Everyday card.

I assume transfer from HSBC US to Amex will count?

 

[Voele]

I have 2 cards open, amex green since May, and Surpass for 3.5 months now. I spent ~$17k on the surpass (cycled through the credit a couple times) to get the FNC before year end.

I tried to apply for a credit increase, but got denied. Also currently in PUJ for another card. Am I just being impatient and should I give Amex more time to build history or is it something else I'm doing wrong (e.g., cycling through credit multiple times per statement period)?

 

[levelnine]

Am I just being impatient and should I give Amex more time to build history or is it something else I'm doing wrong (e.g., cycling through credit multiple times per statement period)?

Probably just needs more time. Generally riskier to cycle on personal rather than business cards, but I don't think I've read of any shutdowns of people doing it with Amex. They care the least of any bank.