Spending Limit vs Credit Limit

[DI]

My BOA Signature card has a $7000 credit line.  Today BOA tells me I have no spending limit on my card.  I am confused.  Does it mean I can spend $10K on the card if I wanted to?

[vish1]

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@DI wrote:

My BOA Signature card has a $7000 credit line.  Today BOA tells me I have no spending limit on my card.  I am confused.  Does it mean I can spend $10K on the card if I wanted to?

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This means it's a mix of credit and charge card. So the deal is you can go over your credit limit (how much they will not tell you) without being charged a over limit fee but the amount over the CL must be paid before the due date and can not be revolved.

[Red1Blue]

normally it is some percentage above the credit limit you can go upto. But what ever you go above the credit limit will be due in full in the next statement.