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It boggles my mind how much credit Amex is whiling to extend to me, the card has a $50K limit but I often get approved for $150K spending!
Don't forget to Buy Tesla with your Amex and get $5,000 cash back! LOL
@Anonymous wrote:
If you put 150k on the card you would be at over 100 percent total utilization. Probably destroy your FICO score. Plus your AMEX minimum payment would be 100k.
Remember, Amex business card don't report, so utilization doesn't report.
I've exceeded 100% utilization on my BBP without any problems.
The beauty of business cards! Another thing that makes no sense to me....but I'll take it.
@wasCB14 wrote:
@Anonymous wrote:
If you put 150k on the card you would be at over 100 percent total utilization. Probably destroy your FICO score. Plus your AMEX minimum payment would be 100k.Remember, Amex business card don't report, so utilization doesn't report.
I've exceeded 100% utilization on my BBP without any problems.
@Anonymous wrote:
How much do you actually put on it monthly?
It really varies every month, the max was $45K, but the avg is $3k-5k.
Seriously, are they pranking me?