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amex and credit limit

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takeshi74
Senior Contributor

Re: amex and credit limit


@Anonymous wrote:
Has anyone had a big cld with Amex for low spending and usage on the card?

AA and even CLI's and other positive actions aren't just about usage on the account.  One's entire credit profile matters.

 

Some creditors may reduce limits due to lack of usage but AmEx is not one of them.

 

My TE is at $25K and sees even less use than what you indicate.

 

 

Message 11 of 13
Anonymous
Not applicable

Re: amex and credit limit


@Anonymous wrote:
Has anyone had a big cld with Amex for low spending and usage on the card? I only spend around 50-100 a month on it since I'm steadily paying other stuff off. With a 10k limit do you think they may lower the limit to something like 1k since I'm not a heavy user?

Last year one of my family member got a CLD due to not enough usage. It went from $4,000 to $1,000.

Message 12 of 13
noobody
Established Contributor

Re: amex and credit limit

I have an extreme case, since SPG was charge FTT until aug last year, from 8/14-8/15 my biggest charge on SPG was $65AF, total was less $200 for the WHOLE year on my 20K CL.
I put more non category charge on it since FTT is gone.
EX819 1HP|TU797 1HP| EQ(Fico8 BankCard)841
Message 13 of 13
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