@DeeBee78 wrote:
<Snip-a-dee-doo-dah> One thing that I've heard on here (that I still am looking for a source on) is that banks have to be able to cover all purchases by their cardholders, up to the credit limits they're given. I believe I heard it in one of the Capital One CLD threads, but I can't find it. Googling those words leads me nowhere other than "Should you ever take a cash advance?" and "Banks blame credit card fraud on consumers." </Snip-a-dee-ay>
It's a subject that often comes up in American Express Centurion card threads when the discussion is about NPSL vs No Limit.