11-21-2013 08:39 PM
I was just wondering, what are some of the biggest CC limits you have ever seen? (Doesnt include AMEX NPSL)
I think the biggest I've seen is like 250k on a palladium I think
11-21-2013 09:30 PM - edited 11-21-2013 09:53 PM
Well IDK if its really a "credit limit" since its secured, But I have an edward jones card linked to my line of credit with them and its for 540k but thats using my investment portfolio as collateral. However im not sure if I could actually charge that in one swipe, I think the plastic has a limit for security. I can also write specail checks against it too however. Its also a strange line that the more I borrow the lower the rate gets. The gift is it doesnt report balance to the CR, but it also doesnt report it as a limit either (or even an account at all), Its purely edward jones internal. With a credit check at the time of opening and thats it. I have always thought thats how the pallidiium card worked too, No? However I manage my money with edward jones like somone would with JP morgan. But the way it works may be different, I just thought it was the same concept. Sounds like the card is sperate, but you are only eligible if you let JP morgan manage some of your money.
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