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There's no specific amount the limit starts at initially. I checked mine for $4000 the day I activated my card and got a yes, before running a single charge through it.
Others have seen their internal limit start lower than that. Others have seen higher starting limits. It all depends.
AmEx seems to have a formula that sets it based on your income, reported assets, credit history, and who knows what else. The number can differ from one borrower to the next.
I will say that since $4000 is my likely max monthly spend (barring an unusually large purchase), I did not "ease into" using the card at all. I put the vast majority of my regular spending through it from day one, and have seen no AA.
In your case, I would use the card as much as I can, paying in full when necessary to reset the balance. I would just avoid making lots of little payments. Use it normally, make a big payment, lather rinse repeat.
@TheConductor wrote:There's no specific amount the limit starts at initially. I checked mine for $4000 the day I activated my card and got a yes, before running a single charge through it.
Others have seen their internal limit start lower than that. Others have seen higher starting limits. It all depends.
AmEx seems to have a formula that sets it based on your income, reported assets, credit history, and who knows what else. The number can differ from one borrower to the next.
I will say that since $4000 is my likely max monthly spend (barring an unusually large purchase), I did not "ease into" using the card at all. I put the vast majority of my regular spending through it from day one, and have seen no AA.
In your case, I would use the card as much as I can, paying in full when necessary to reset the balance. I would just avoid making lots of little payments. Use it normally, make a big payment, lather rinse repeat.
I'm in the same category, I didn't report any assets... but when i got it I ran it up to about 500.00 and check and it said a 2k purchase would be approved...
thsi is all i'm likely to need at one time, any of my expenses will be air travel or hotels for work that get reimbursed...