@C6 wrote:Many are approved with 650 scores. The underwriting is likely the same for their green, gold, and platinum card. I'm sure the preapproval is accurate. I'd expect Amex to keep one on a tight leash. Your limit will likely be less than the $700 annual card fee.
What limit? Charge cards are NPSL. If you mean the Pay Over Time limit, I believe because of the CARD Act, there's a certain percentage above the AF the limit must be, so there's no way it could be less than the $695 AF.
@C6 wrote:
@OmarGB9 wrote:
@C6 wrote:Many are approved with 650 scores. The underwriting is likely the same for their green, gold, and platinum card. I'm sure the preapproval is accurate. I'd expect Amex to keep one on a tight leash. Your limit will likely be less than the $700 annual card fee.
What limit? Charge cards are NPSL. If you mean the Pay Over Time limit, I believe because of the CARD Act, there's a certain percentage above the AF the limit must be, so there's no way it could be less than the $695 AF.
LOL@NPSL
I can guarantee that you have a limit. Try to charge 10k and you will find out how quickly there is a limit on your shiny prepaid platinum card.
Of course. They make it very clear that NPSL does not mean unlimited spending. It's more of a fluid CL I guess you could say.