topic Re: AMEX POT in Credit Cards

AMEX POT

Cory88 — Tue, 18 Jan 2022 00:10:03 GMT

I have my Gold card and my Pay Over Time Limit has gone from 5k to 15k and everything in between. I have been with AMEX since 2011 and had the Gold Card since Jul 2021 and put about 1k on that card. My EX FICO is 795. Has anyone had this happen to? I just called AMEX and they said I don't spend a lot on the card and that i why my POT changes that much. Is this something that I need to be considered about? Is their a way to see the POT Limit online? I'm not asking about the "spending checker."

Re: AMEX POT

cashorcharge — Tue, 18 Jan 2022 00:20:46 GMT

Your POT line is viewable by your statement...I don't believe you can just click something to see it like an AMEX revolving account.

The POT will fluctuate and with more history, eventually settle in to something...at least in my experience. There's nothing worry about per sae.

Re: AMEX POT

Cory88 — Tue, 18 Jan 2022 00:33:38 GMT

@cashorcharge wrote:
Your POT line is viewable by your statement...I don't believe you can just click something to see it like an AMEX revolving account.
The POT will fluctuate and with more history, eventually settle in to something...at least in my experience. There's nothing worry about per sae.

Good to know. I was getting nervous that it was moving that much. I called to have my due date change to line up with my other cards and the rep made a commit that POT line was changing a lot and she said "strange" and that got me scared.

Re: AMEX POT

Duriel — Tue, 18 Jan 2022 00:53:37 GMT

@cashorcharge wrote:
Your POT line is viewable by your statement...I don't believe you can just click something to see it like an AMEX revolving account.
The POT will fluctuate and with more history, eventually settle in to something...at least in my experience. There's nothing worry about per sae.

I just checked and it is available on the iOS app at least. Under statements there is a pay over time option to click.

Re: AMEX POT

UncleB — Tue, 18 Jan 2022 04:50:11 GMT

@Cory88 wrote:
@cashorcharge wrote:
Your POT line is viewable by your statement...I don't believe you can just click something to see it like an AMEX revolving account.
The POT will fluctuate and with more history, eventually settle in to something...at least in my experience. There's nothing worry about per sae.

Good to know. I was getting nervous that it was moving that much. I called to have my due date change to line up with my other cards and the rep made a commit that POT line was changing a lot and she said "strange" and that got me scared.

The rep is right... we don't see this mentioned often on the forums, either. Spend limits do change based on a lot of factors, but POT limits usually stay the same as when they were assigned.

Is there something going on with your credit profile that would get the attention of their algorithm?

Re: AMEX POT

micvite — Tue, 18 Jan 2022 06:33:15 GMT

@UncleB wrote:
@Cory88 wrote:
@cashorcharge wrote:
Your POT line is viewable by your statement...I don't believe you can just click something to see it like an AMEX revolving account.
The POT will fluctuate and with more history, eventually settle in to something...at least in my experience. There's nothing worry about per sae.

Good to know. I was getting nervous that it was moving that much. I called to have my due date change to line up with my other cards and the rep made a commit that POT line was changing a lot and she said "strange" and that got me scared.
The rep is right... we don't see this mentioned often on the forums, either. Spend limits do change based on a lot of factors, but POT limits usually stay the same as when they were assigned.

Is there something going on with your credit profile that would get the attention of their algorithm?

my POT has only gone down when I got a hard limit imposed on the card, when they gave me back NPSL it started out at 4k, I turned on POT again just to "circulate" the limit, and after maxing out the 4k and paying it off it immediately jumped to 7k (within same statement) my plat started at 2k, did the same thing its now at 4k and maxed out will report back once I pay it off.

Re: AMEX POT

jcooks — Tue, 18 Jan 2022 14:33:58 GMT

If you log on to your Amex account on a browser, there should be a link under your balance on the right that says "Balance Details". When you click that it shows your charges, payments, balance and POT limit.

Re: AMEX POT

Cory88 — Tue, 18 Jan 2022 14:44:18 GMT

@UncleB wrote:
@Cory88 wrote:
@cashorcharge wrote:
Your POT line is viewable by your statement...I don't believe you can just click something to see it like an AMEX revolving account.
The POT will fluctuate and with more history, eventually settle in to something...at least in my experience. There's nothing worry about per sae.

Good to know. I was getting nervous that it was moving that much. I called to have my due date change to line up with my other cards and the rep made a commit that POT line was changing a lot and she said "strange" and that got me scared.
The rep is right... we don't see this mentioned often on the forums, either. Spend limits do change based on a lot of factors, but POT limits usually stay the same as when they were assigned.

Is there something going on with your credit profile that would get the attention of their algorithm?

I don't think so that would have AMEX changing my POT Line. I have one Student loan (2k) and about $600 in credit cards that reported and EX FICO about 795 and AooA is 5 years.

Re: AMEX POT

bigseegar — Tue, 18 Jan 2022 15:04:50 GMT

@micvite wrote:
@UncleB wrote:
@Cory88 wrote:
@cashorcharge wrote:
Your POT line is viewable by your statement...I don't believe you can just click something to see it like an AMEX revolving account.
The POT will fluctuate and with more history, eventually settle in to something...at least in my experience. There's nothing worry about per sae.

Good to know. I was getting nervous that it was moving that much. I called to have my due date change to line up with my other cards and the rep made a commit that POT line was changing a lot and she said "strange" and that got me scared.
The rep is right... we don't see this mentioned often on the forums, either. Spend limits do change based on a lot of factors, but POT limits usually stay the same as when they were assigned.

Is there something going on with your credit profile that would get the attention of their algorithm?
my POT has only gone down when I got a hard limit imposed on the card, when they gave me back NPSL it started out at 4k, I turned on POT again just to "circulate" the limit, and after maxing out the 4k and paying it off it immediately jumped to 7k (within same statement) my plat started at 2k, did the same thing its now at 4k and maxed out will report back once I pay it off.

Wello there's at ;east part of the answer to your question. If AmEx placed a hard limit in place of your NPSL then it sounds like something in your profile with them of your credit profile has AmEx spooked.

Re: AMEX POT

Cory88 — Tue, 18 Jan 2022 15:10:28 GMT

Two days ago I called to have my due dates synced with my other cards with AMEX and now every time I log in to my on line account the "Check My Spending" automatically loads and I have to click out of it. It's really strange to have that load all the time. I hope they are not telling me anything.

Re: AMEX POT

jcooks — Tue, 18 Jan 2022 15:10:38 GMT

@bigseegar wrote:
@micvite wrote:
@UncleB wrote:
@Cory88 wrote:
@cashorcharge wrote:
Your POT line is viewable by your statement...I don't believe you can just click something to see it like an AMEX revolving account.
The POT will fluctuate and with more history, eventually settle in to something...at least in my experience. There's nothing worry about per sae.

Good to know. I was getting nervous that it was moving that much. I called to have my due date change to line up with my other cards and the rep made a commit that POT line was changing a lot and she said "strange" and that got me scared.
The rep is right... we don't see this mentioned often on the forums, either. Spend limits do change based on a lot of factors, but POT limits usually stay the same as when they were assigned.

Is there something going on with your credit profile that would get the attention of their algorithm?
my POT has only gone down when I got a hard limit imposed on the card, when they gave me back NPSL it started out at 4k, I turned on POT again just to "circulate" the limit, and after maxing out the 4k and paying it off it immediately jumped to 7k (within same statement) my plat started at 2k, did the same thing its now at 4k and maxed out will report back once I pay it off.
Wello there's at ;east part of the answer to your question. If AmEx placed a hard limit in place of your NPSL then it sounds like something in your profile with them of your credit profile has AmEx spooked.

I don't think OP mentioned that he was assigned a hard limit though.

Re: AMEX POT

cashorcharge — Tue, 18 Jan 2022 17:48:04 GMT

@Duriel wrote:
@cashorcharge wrote:
Your POT line is viewable by your statement...I don't believe you can just click something to see it like an AMEX revolving account.
The POT will fluctuate and with more history, eventually settle in to something...at least in my experience. There's nothing worry about per sae.

I just checked and it is available on the iOS app at least. Under statements there is a pay over time option to click.

Thanks @Duriel

I never knew that before and sure enough it was there! Thank you!!

Re: AMEX POT

shalimarcat — Wed, 19 Jan 2022 06:31:10 GMT

@Cory88 wrote:
I have my Gold card and my Pay Over Time Limit has gone from 5k to 15k and everything in between. I have been with AMEX since 2011 and had the Gold Card since Jul 2021 and put about 1k on that card. My EX FICO is 795. Has anyone had this happen to? I just called AMEX and they said I don't spend a lot on the card and that i why my POT changes that much. Is this something that I need to be considered about? Is their a way to see the POT Limit online? I'm not asking about the "spending checker."

Just saw the title of your thread and laughed out loud! Amex POT!!! I have heard of creditors reducing limits on cards that don't see a lot of usage. It's a security measure to reduce their exposure. If you only put a small amount on your card, then you show that you don't need a large POT limit, so they reduce it.

Re: AMEX POT

DONZI — Wed, 19 Jan 2022 22:07:35 GMT

@jcooks wrote:
If you log on to your Amex account on a browser, there should be a link under your balance on the right that says "Balance Details". When you click that it shows your charges, payments, balance and POT limit.

I notice the "Balance Details" does not show on a (my) new card before the first closing date and/or statement cut. The link shows on my aged card.

Re: AMEX POT

jcooks — Thu, 20 Jan 2022 13:59:50 GMT

@DONZI wrote:
@jcooks wrote:
If you log on to your Amex account on a browser, there should be a link under your balance on the right that says "Balance Details". When you click that it shows your charges, payments, balance and POT limit.
I notice the "Balance Details" does not show on a (my) new card before the first closing date and/or statement cut. The link shows on my aged card.

You have to select the card that you want to look into at the top right. The balance details link will only pull up the card that you're currently displaying a balance for. If you select the Gold, or any other charge cards, you can see the Pay over time limit there.

Re: AMEX POT

FalconSteve — Thu, 20 Jan 2022 15:17:22 GMT

@Cory88 wrote:
I have my Gold card and my Pay Over Time Limit has gone from 5k to 15k and everything in between. I have been with AMEX since 2011 and had the Gold Card since Jul 2021 and put about 1k on that card. My EX FICO is 795. Has anyone had this happen to? I just called AMEX and they said I don't spend a lot on the card and that i why my POT changes that much. Is this something that I need to be considered about? Is their a way to see the POT Limit online? I'm not asking about the "spending checker."

Had you used AmEx POT when they increased you?

Do they only have a POT amount with charge cards? (my AmEx is credit and I haven't seen this)

Re: AMEX POT

jcooks — Thu, 20 Jan 2022 15:19:20 GMT

@FalconSteve wrote:
@Cory88 wrote:
I have my Gold card and my Pay Over Time Limit has gone from 5k to 15k and everything in between. I have been with AMEX since 2011 and had the Gold Card since Jul 2021 and put about 1k on that card. My EX FICO is 795. Has anyone had this happen to? I just called AMEX and they said I don't spend a lot on the card and that i why my POT changes that much. Is this something that I need to be considered about? Is their a way to see the POT Limit online? I'm not asking about the "spending checker."
Had you used AmEx POT when they increased you?
Do they only have a POT amount with charge cards? (my AmEx is credit and I haven't seen this)

Yes, POT makes charge cards act similar to traditional credit cards.

Re: AMEX POT

DONZI — Fri, 21 Jan 2022 07:19:29 GMT

@jcooks wrote:
@DONZI wrote:
@jcooks wrote:
If you log on to your Amex account on a browser, there should be a link under your balance on the right that says "Balance Details". When you click that it shows your charges, payments, balance and POT limit.
I notice the "Balance Details" does not show on a (my) new card before the first closing date and/or statement cut. The link shows on my aged card.
You have to select the card that you want to look into at the top right. The balance details link will only pull up the card that you're currently displaying a balance for. If you select the Gold, or any other charge cards, you can see the Pay over time limit there.

@jcooks

Re: AMEX POT

jcooks — Sat, 22 Jan 2022 03:04:27 GMT

@DONZI wrote:
@jcooks wrote:
@DONZI wrote:
@jcooks wrote:
If you log on to your Amex account on a browser, there should be a link under your balance on the right that says "Balance Details". When you click that it shows your charges, payments, balance and POT limit.
I notice the "Balance Details" does not show on a (my) new card before the first closing date and/or statement cut. The link shows on my aged card.
You have to select the card that you want to look into at the top right. The balance details link will only pull up the card that you're currently displaying a balance for. If you select the Gold, or any other charge cards, you can see the Pay over time limit there.

@jcooks

That's strange....this is mine

Re: AMEX POT

jcooks — Fri, 21 Jan 2022 14:02:34 GMT

Oh, I missed the part where you said this is a new card before 1st statement. I guess it doesn't show before that?