Okay guys I bit the bullet and as Suze Orman would say, I have been APPROVED!!!! 
I don't know my credit limit yet but I did get a message saying my card was activated and I was temporarily allowed to spend up to $250 (which I'm not doing). I guess I'll to wait and get the letter in the mail saying who they pulled and my credit score.
I must admit I was VERY nervous while watching that 60 seconds progress circle turn. LOL. My 2011 app goals have been reached. I've gotten my Discover and Amex so I'm done for a while - that's unless some stores are offering good deals this weekend. Hahaha! Next year I'll tackle Barclays.
Thanks for the wonderful advice and encouraging comments. You guys rock!
Starting Score: TU: 663 EQ: 632 EX: ?
@crazysxycool wrote:Okay guys I bit the bullet and as Suze Orman would say, I have been APPROVED!!!!
I must admit I was VERY nervous while watching that 60 seconds progress circle turn. LOL. My 2011 app goals have been reached. I've gotten my Discover and Amex so I'm done for a while - that's unless some stores are offering good deals this weekend. Hahaha! Next year I'll tackle Barclays.
Thanks for the wonderful advice and encouraging comments. You guys rock!
Congrats!
I got the same thing (the $250 virtual card) but didn't use it either. I ended up having NPSL which is likely what you will have...since this is a charge card, you generally don't have a pre-set limit. The only times I've ever heard of it having a hard limit is when you have the $500 cap with autopay, which is generally a counter-offer when you can't get approved for the regular Zync.
Seeing as how you got the instant approval and a temporary card number, I'm 99% sure you have no pre-set spending limit. Welcome to the AMEX family!
Congrats! I also cold applied without any pre-approvals from AmEx and was instantly approved for the Zync NPSL. I got the $250 temporary limit before I got the card, but once it was activated it turned into NPSL. You have nothing to worry about!