I’m running into a weird issue with my credit card and hoping someone here has dealt with this.
I spend around $25,000/day on ads, but my Amex SimplyCash Preferred card only has a $13,000 limit. So I basically max it out every single day.
The problem is: Amex won’t let me make a payment right away. It says “no payment due,” so I’m stuck waiting until the statement or due date before I can free up the credit again.
I’m trying to take full advantage of the cashback, but this is limiting how much I can scale.
Has anyone found a workaround for this?
- Can you force early payments with Amex in Canada?
- Is there a way to cycle the credit multiple times per month?
- Do I need to switch to a different type of card (charge card, business card, etc.)?
Would really appreciate any advice 🙏