Amex card shutdowns have been happening for years. But this time we see another round of Amex shutdowns when using a new tool, PayPal Key. But it seems a particular reason is why people are being shutdown when using Amex cards with PayPal Key. But by playing by the rules you can avoid amex shutdown.
00:00 – Start
00:23 – Common theme
1:11 – Big shutdown reason
2:41 – Other possibilities
3:28 – Thought
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34 comments
Great information Dustin. We expect no less from you. Keep it up.
You play with fire and you get burned and all your points get wiped out in one felt swoop. Honesty is the best policy.
I used my Hilton aspire card on PayPal key to pay my annual car insurance to meet my minimum spend because my insurance Company doesn’t accept Amex. Let’s see what happens.
“Here’s your sign” Bill Engvail
Dang, that's some crazy strats to game Amex, lol… I still have about 30 days left on the Gold referral and since the bonus period kicked in I'm at +40k MR points (25k bonus + extra 15k from spend)… Perfectly content with how that's going as compensation for holding through another $250 annual fee, lol
You do not toy with Amex. They are the strictest card company of all.
I bet every time they receive a payment check from Plastiq, they check all your cards spend for a payment to Plastiq/Paypal of equal or greater amount within a time window.
I received email from Plastiq last week informing me that PayPal Key no longer accepts payments from Plastiq that is linked to a credit card. You can still use PayPal Key but only with linked debit cards or bank accounts. So the 1% Loophole we discovered with the release of PayPal Key back in September is a thing of the past. Back to the 2.85% fee from Plastiq to help hitting the Sign up bonuses.
I saw your last video about Amex travel credit triggering using United travel bank. A little nervous on doing it but that’s a good amount I would have used normally with lout the pandemic going on right now.
Ok I subbed. These news vids on churning are great for people with not a lot of time. Love the info, the table of contents, and generally everything.
I just used PayPal key to hit my sub on the 100k plat by charging it with my merchant account I gotta liquidate all my points brb
Yikes!
dude can i use pay pal key with Chase credit card to rack up points with freedom cards?
The Amex RAT team is working overtime this holiday season. Too many stupid and unethical transactions happening.
Yeah, I lack sympathy. There is a difference between extracting value and then flaunting the terms. I sleep fine at night.
yeah i use my amex card the way it's supposed to be used not going to cheat
*****data point
After watching your video, of course I linked my Amex gold to PayPal key!
I did an Amazon reload of 10.00 to test it
Amex coded it as a restaurant and I got 4x back
So.. I called them and they told me “the merchant codes it as a restaurant”
Maybe THATS the issue
I wonder if someone could use this trick but use an American Express to pay a Chase card. I'm curious. But I should probably not try finding out.
There is a line between being bold and stupid. Some churners breakdance on top of that line. No sense of future relationship with Amex. Churn and burn.
Sounds a lot like money (points) laundering. 😂
The whole point and miles game should be treated as a long-term thing. Definitely not worth it to get blacklisted by amex for some points.
I know amex rules have gift card language for sub. My question is is I buy all my employees giftcards with my amex card for Christmas is that risky. Under the multipliers rules it doesn't say anything about gift cards.
Common sense still works in 2020.
Is there a rule by AMEX saying u cannot use PayPalKey ( that is a MasterCard code)?
If none, how can AMEX punish these users?
People are trying to cheat the system & I don't feel bad for them. Go to Chase
Does paying rent with PPK + Amex (without plastiq) trigger shutdown ?
Thanks for having our back man. I have no sympathy. Take care and keep the family safe!
Honestly… Good
Amex closed my accounts and shadow banned me a few years ago for paying with PayPal.
I love 💕 this video, yes they are STUPID.
Being followed by rat team is bad as being followed by the IRS , 😂 they do have experts on that field, Thank you for this video, very
informative and I laughed at the same time
scary !!! ANEX is not to be played with lol
Rip
Great video
It's a TRAP! lol (never pay credit with credit, unless its an authorised balance transfer)