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AmericanExpress Platinum SPL question

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NRB525
Super Contributor

Re: AmericanExpress Platinum SPL question

This sounds like the Borg within AMEXs systems saw the 30-day late in 2014, put the limit on the Platinum, and the Borg does not forget. 

 

The $5k "limit" on the Platinum is not going to affect your score if you charge up to that amount. The trick is to pay it by the due date a few weeks later. 

 

What is the limit on the revolver?

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 11 of 13
kaw943
Regular Contributor

Re: AmericanExpress Platinum SPL question


@NRB525 wrote:

This sounds like the Borg within AMEXs systems saw the 30-day late in 2014, put the limit on the Platinum, and the Borg does not forget. 

 

The $5k "limit" on the Platinum is not going to affect your score if you charge up to that amount. The trick is to pay it by the due date a few weeks later. 

 

What is the limit on the revolver?


Hi NRB525 the Everyday Preferred limit is 3K which is why I submitted for the CLI increase tried to get it to at least 9K.  I then got a letter saying that they couldn't do the increase because of the SPL on the Platinum card, when I called they advised that SPL are looked at as negative and that in order for me to get anytype of CLI in the future the SPL needs to be lifted to return the charge card back to a No Pre Set Limit.   This started the entire downward spiral of phone call after phone call, transfer after transfer.  Can't do anything but laugh at this point. Smiley LOL   The crazy thing is Chase removed the 30 day late 2 months later after I disputed it with them. Yet this SPL with Amex still remains on my Plat Card. 

Trans 740| Equifax 722| Experian 733| Chase Sapphire Reserve 20k|Discover It 12k| Bofa Cash Rewards 22k| Citi Prestige 11k and AA Executive WEMC 22k|Amazon SC 7k|FNBO TravElite 10k| Amex Plat NSPL, Everyday Preferred 6k|PenFed Plat Rewards
Message 12 of 13
kaw943
Regular Contributor

Re: AmericanExpress Platinum SPL question

*** UPDATE*** I finally got someone at Amex who could assist, basically they have not removed the spending limit because my monthy spend has not bumped up against or exceeded the spending limit.  The represntative indicated that in order for them to lift it you need to show that you are actually using and advised me to increase spend using my charge card vs the revolver.  

Trans 740| Equifax 722| Experian 733| Chase Sapphire Reserve 20k|Discover It 12k| Bofa Cash Rewards 22k| Citi Prestige 11k and AA Executive WEMC 22k|Amazon SC 7k|FNBO TravElite 10k| Amex Plat NSPL, Everyday Preferred 6k|PenFed Plat Rewards
Message 13 of 13
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