Costco Amex limit

[android01]

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@Anonymous wrote:

Makes me wonder... What is their max credit limit? Anyone?

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I have four AMEX cards.  One is the business platinum that sees about 250-300K worth of action every year.  I have ten authorized users on this account.  I have three personal AMEX cards. a Premier Rewards Gold which is NPSL.  A Costco with a limit of $12,800 and a Delta Plattimum with $20,000. The Costco statred at $7800. and the Delta started at $25,000.  When I asked for the CLI on the Costco they asked me to provide the dreaded 4506-T, which is not an option for me (for personal reasons, I wont submit to that level of intrusion).  So I transferred 5K from the Delta to the Costco.  No problems.  My guess is that $25,000 is the limit they feel comfortable with for CREDIT CARDS with good customers.  I think I only  was able to go above this is because of my 25 year realtionship with AMEX and the massive amount of money my company spends using their cards.    

[Anonymous]

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@android01 wrote:

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@Anonymous wrote:

Makes me wonder... What is their max credit limit? Anyone?

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I have four AMEX cards.  One is the business platinum that sees about 250-300K worth of action every year.  I have ten authorized users on this account.  I have three personal AMEX cards. a Premier Rewards Gold which is NPSL.  A Costco with a limit of $12,800 and a Delta Plattimum with $20,000. The Costco statred at $7800. and the Delta started at $25,000.  When I asked for the CLI on the Costco they asked me to provide the dreaded 4506-T, which is not an option for me (for personal reasons, I wont submit to that level of intrusion).  So I transferred 5K from the Delta to the Costco.  No problems.  My guess is that $25,000 is the limit they feel comfortable with for CREDIT CARDS with good customers.  I think I only  was able to go above this is because of my 25 year realtionship with AMEX and the massive amount of money my company spends using their cards.    

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What is 4506-T?

[android01]

A 4506-T Incidicates a financial review,   where you give American Express permission to  pull your finanacial records directly from the IRS. 

[android01]

Which I would never do, by the way, but that's just me. 

[frogfan12]

Congrats, that limit is quite impressive.

[android01]

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@frogfan12 wrote:

Congrats, that limit is quite impressive.

  

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Thanks for the compiment, but I'm not trying to impress.  What i have with AMEX is due to a long, good history withth them.  Nothing more than time and prompt payments.