AMEX no spending limit

they call you and tell you that you are spending more than they anticipated you would and cut you off till give them some money.

yeah

you have to give them some of your financials the more you show the higher they let you go.

idk, you should just use it and see, if they decline it you can call, but i think it def matters with history on how much leash they give you, i'd take it easy the first few months.

When I joined back in 2008, they had this promotion that if you spend $500 within the first three months of receiving the card, they will credit 50,000 points to your account. I actually was in the market for a new computer at the time, so I purchased one, and the transaction went through, i.e. it wasn't declined. However I got a voice mail later that day indicating that I was under a financial review, so I got on the phone with a customer service representative, and he told me that I could either wait until the end of the month and pay my bill to have my account unfrozen, or I could wire them the money to have it unfrozen immediately. It probably wasn't a good idea for me to buy a computer within three days of activating a brand-new credit card with a company which I had no prior history.

We'll see if its worth the fee (next year). I've read good things about the card but I don't know if my spending will result in many rewards. Gold premier rewards card.

man if you travel it's nice to have, but if you don't i don't ever use it hardly.

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Will it take outrageous spending? I'm not spending outside of my means, just using it in place of my debit card

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Depends on the profile they have set up for you.. They dont have stated limits but have internal tiered limits.. as in they will call you when they think things are beyond your profile. It takes time but we currently spend 100k a month on average using our business card but when the economy went south and many vendors went CC or COD we relied heavily on AMEX. We were called and needed to submit some paperwork to raise our internal limit.

It's usually based on your income profile and high spending on a charge card (especially being a new user) is known to trigger a financial review where they will ask for your tax info.

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I know they'll allow you to spend what they trust you with. But as a new user, do I use the card until it gets declined? How do I know where my ceiling is?

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You can check your spending power on your online account. Mine took a while to get to where I wanted it for each month because I hadn't graduated yet, but now I have over $4k. I usually only use about $1500 a month though.

That was an awesome thread... I have no idea how you confuse the two