Senior Contributor
Wolf3
Posts: 3,198
Registered: ‎01-24-2010
Re: What happens if you exceed the limit?

You can not be charged a over limit fee, unless you opt in.   This is part of 2009 credit card act.

 

In general, they can accept or deny the charge regardless of whether you opt in.  So, IMO, opting in makes no sense.   

 

http://www.creditcards.com/credit-card-news/credit-card-law-interactive-1282.php