I upgraded one of my cards to a the new Sapphire. What I don't understand is this:
No Pre-set Spending Limit*
With no pre-set spending limit, you have the purchasing power to get what you need, whenever you need it. Plus, if you prefer to pay off purchases over time, you may carry a balance up to your credit access line.
This would be my first card with "no pre-set spending limit", yet when I look at my account, since it already updated my CC as the new account, I have a limit. My question would be then what exactly does no pre-set spending limit mean?