topic Re: New Amex Spending Power Feature? in Credit Cards

New Amex Spending Power Feature?

Lyythine — Sun, 16 Apr 2017 04:11:32 GMT

This may be old news, but something new for me. When you check to see if a purchase will be approved Amex now shows your max approval? That's helpful and I've been asking for this for years lol

Re: New Amex Spending Power Feature?

austinguy907 — Sun, 16 Apr 2017 04:31:01 GMT

That's like playing with a lighter around a puddle of gas that's vaporizing. Be careful around that feature.....

Re: New Amex Spending Power Feature?

jamesdwi — Sun, 16 Apr 2017 04:40:52 GMT

may be limited to AMEX Platinum, my old Zync card still gives the old yes or no.... answer.

But yes my Zync card that I haven't run a charge on for at least a year will still appove a $7500 perchase...

guess we will need to wait till others respond, yes its a think on my PRG or etc... and only my old Zync card is left out.

Re: New Amex Spending Power Feature?

UncleB — Sun, 16 Apr 2017 06:11:27 GMT

This is interesting... I gave it a whirl on my PRG and it gave me my "limit" as well:

I admit in my case the "limit" is laughable, but considering I've not put over $200 on the card in a single month in nearly a year it actually makes sense. Considering my new ED limit is $8k I'm confident the PRG limit would probably bounce back if I were to give it some use.

For someone who is a heavy user of Amex charge cards this feature could come in very handy.

Note: As I mention, I seldom use my PRG which is why I was fine to give the 'spending feature' button a go... based on advice given in other threads I generally wouldn't recommend playing with it too much, though.

Re: New Amex Spending Power Feature?

Peteyglad — Sun, 16 Apr 2017 10:58:45 GMT

I still get the yes/no on my MB Platinum.

Re: New Amex Spending Power Feature?

Anonymous — Sun, 16 Apr 2017 11:37:40 GMT

@austinguy907 wrote:
That's like playing with a lighter around a puddle of gas that's vaporizing. Be careful around that feature.....

There's nothing wrong with checking. Urban legend that it leads to AA

Re: New Amex Spending Power Feature?

Anonymous — Sun, 16 Apr 2017 11:41:38 GMT

@Peteyglad wrote:
I still get the yes/no on my MB Platinum.

I get the same on both my MB and regular Platinum

Re: New Amex Spending Power Feature?

Anonymous — Sun, 16 Apr 2017 12:01:40 GMT

@austinguy907 wrote:
That's like playing with a lighter around a puddle of gas that's vaporizing. Be careful around that feature.....

They do have a disclaimer that states if you use it too much in a 24hr period, they'll lock you out of it.

I haven't put any obscene amounts in it because I don't like poking the bear!!

Re: New Amex Spending Power Feature?

bz386 — Sun, 16 Apr 2017 12:09:22 GMT

This is useless. I put in $500 and told me I can spend up to $1500. I have previously charged a lot more then that. So I put in $10000 and told me I can charge up to $13300. I guess if I put in $50000, it would tell me I can spend up to $60000...

Re: New Amex Spending Power Feature?

Lyythine — Sun, 16 Apr 2017 12:20:32 GMT

Totally an urban legend. If it actually led to AA, I would be FR'ed monthly... lol

Re: New Amex Spending Power Feature?

Lyythine — Sun, 16 Apr 2017 12:24:02 GMT

I've learned that what Amex will allow you to purchase on a single purchase is not necessarily what they will allow in aggregate. Meaning, yes they may approve a single purchase at 88,500, but in aggregste, they will allow it to be a higher amount. And that kinda makes sense to me (though much else doesn't when it comes to Amex).

Re: New Amex Spending Power Feature?

K-in-Boston — Sun, 16 Apr 2017 13:02:07 GMT

It's nice that they have that now, but it's not returning what we would consider to be our "limit" on NPSL, just an additional amount over the requested amount if applicable. I put in a low amount just to see if I had that feature on my Platinum. $5,000 came back with $10,000. I know my "limit" is substantially higher as I have spent much more than that in a single transaction without even checking spend power, and $35,000 came back as no problem just a few months ago with me having a $8k balance at the time.

Re: New Amex Spending Power Feature?

RockinRay — Sun, 16 Apr 2017 13:07:08 GMT

@jamesdwi wrote:
may be limited to AMEX Platinum, my old Zync card still gives the old yes or no.... answer.

But yes my Zync card that I haven't run a charge on for at least a year will still appove a $7500 perchase...

guess we will need to wait till others respond, yes its a think on my PRG or etc... and only my old Zync card is left out.

Man I remember back in the day the Zinc card was a great card to have. I held one but did a PC to the Green card...

Does your card still work? I've not been on the forums for the last couple of years and I'm just curious...

Re: New Amex Spending Power Feature?

NichelleN — Sun, 16 Apr 2017 14:35:33 GMT

My Delta Amex just gives a "Good News!" followed by the approval to spend the requested amount.

My Plat Amex gives an approval for the requested amount + more.

I requested, $2k. That was approved + anything up to $4k

I then requested $10k. That was approved + anything up to $19.5k

I didn't make any additional requests.

Re: New Amex Spending Power Feature?

Lyythine — Sun, 16 Apr 2017 15:08:40 GMT

And here I was all excited that I found something new. Way to rain on my Easter parade 😂

Re: New Amex Spending Power Feature?

K-in-Boston — Sun, 16 Apr 2017 15:18:09 GMT

It was new to me. The few times I have hit it in the past, it just told me yes. Thanks to your post, I can now hit it and feel good when AmEx says, "of course we'll approve that, and while you're at it buy a little something for yourself."

Re: New Amex Spending Power Feature?

Anonymous — Sun, 16 Apr 2017 15:31:22 GMT

@K-in-Boston wrote:
It was new to me. The few times I have hit it in the past, it just told me yes. Thanks to your post, I can now hit it and feel good when AmEx says, "of course we'll approve that, and while you're at it buy a little something for yourself."

That's basically it... Here, spend MORE!!!

Re: New Amex Spending Power Feature?

Anonymous — Sun, 16 Apr 2017 15:37:15 GMT

It just gives me approval for the amount I entered, nothing extra...

Re: New Amex Spending Power Feature?

jamesdwi — Sun, 16 Apr 2017 15:37:15 GMT

still works, as far as I know since they approved a $7,500 potential purchase, these days I keep it for the low AF, $25 a year for a card back dated to 1/2011, it was actually applied for in jan 2012. It also occausionally comes up with AMEX offers that credit my account with a few dollars to offset the $25. I hope they bring back the former buy small program that alone paid for the AF. Next year it will be 7 years old. And its the lowest AMEX charge card, now that you can't apply for the Senior green card. So it stays.

Wow I should use it more, just checked my 2016 Yearly spend report, I only paid the AF, no other purchases for all of 2016.

Re: New Amex Spending Power Feature?

Anonymous — Sun, 16 Apr 2017 20:17:48 GMT

well... this'll be fun...