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Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
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Re: Payments to AMEX before first statement

So is it possible for revolvers to have a higher 'spending ability' than the actual limit even if you aren't making multiple payments? I get why dustink would want to pay multiple payments, just to avoid having any type of high util. I don't even want to let my balance ride at 10% of my Amex BCE limit, which would be $350(limit is $3500).
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
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Contributor
Posts: 322
Registered: ‎10-19-2012
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Re: Payments to AMEX before first statement


youngandcreditwrthy wrote:
So is it possible for revolvers to have a higher 'spending ability' than the actual limit even if you aren't making multiple payments? I get why dustink would want to pay multiple payments, just to avoid having any type of high util. I don't even want to let my balance ride at 10% of my Amex BCE limit, which would be $350(limit is $3500).

you can charge all you want on your card it does not matter it only matters that you pay it down before the statement cuts.

AMEX Platinum, AMEX Blue cash (10k), AMEX Delta (10k), US Bank Premier Line (14.5k), US Bank Cash + (7.5k), Chase Freedom (5k), Fred Meyer Rewards Visa (7.5k), US Bank Flex Perks Travel Rewards (5k), Discover IT (9.5k), Chase Sapphire Preferred (8k), Alerus Financial Visa Signature issued by Elan (10k), BofA Cash Rewards (10k), Citi Thankyou Pref (6.5k) TU FICO Score = 807, EQ FICO Score = 780, EX FICO Score = 780,
CreditKarma score = 785, CreditSesame score = 773, Vantage = 903
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