Starting Score: 639 (Walmart TU)
masscredit wrote:
bribro wrote:$300,000 on my Palladium. Too bad it doesn't report to the CRAs... although perhaps that's a good thing.
Ding, ding, ding... you win!
Bribo wins anyway, but isn't that "really" a $100K card, that allows you to charge up to $300K, but like a mortal's signature cards, any amount over the $100K limit is added to the minumum payment due?
bs6054 wrote:
masscredit wrote:
bribro wrote:$300,000 on my Palladium. Too bad it doesn't report to the CRAs... although perhaps that's a good thing.
Ding, ding, ding... you win!
Bribo wins anyway, but isn't that "really" a $100K card, that allows you to charge up to $300K, but like a mortal's signature cards, any amount over the $100K limit is added to the minumum payment due?
I guess it depends on how you define "credit limit." In my Palladium card welcome kit it said my "credit access line" is $100k, which means I can only revolve $100k from month-to-month, and anything in excess of that needs to be paid off (like NPSL card). However, per J.P. Morgan policy, I can for sure spend up $300k, with anything beyond that being approved on a case by case basis (like a NPSL card). So, I would consider $300k my "limit." I have no immediate plans to ever approach that amount though.
bribro wrote:
bs6054 wrote:
masscredit wrote:
bribro wrote:$300,000 on my Palladium. Too bad it doesn't report to the CRAs... although perhaps that's a good thing.
Ding, ding, ding... you win!
Bribo wins anyway, but isn't that "really" a $100K card, that allows you to charge up to $300K, but like a mortal's signature cards, any amount over the $100K limit is added to the minumum payment due?
I guess it depends on how you define "credit limit." In my Palladium card welcome kit it said my "credit access line" is $100k, which means I can only revolve $100k from month-to-month, and anything in excess of that needs to be paid off (like NPSL card). However, per J.P. Morgan policy, I can for sure spend up $300k, with anything beyond that being approved on a case by case basis (like a NPSL card). So, I would consider $300k my "limit." I have no immediate plans to ever approach that amount though.
I think my jaw is permanently dislocated. 
Wow!
Puts my measly $3000 PayPal to shame. 
Starting Score: 600's
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