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American Express Everyday Approved, Then Starting Limited Changed

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American Express Everyday Approved, Then Starting Limited Changed

Hoping someone can explain this to me...

I was looking to get a balance transfer card to pay down a recent purchase. I have an AMEX BCP and decided to apply for the AMEX Everday since I was pre-approved. I was instantly approved with a limit of $6,000. I entered the balance transfer info on the next screen, setup the online account, done. Then when I logged in, I see the card showing with a $2,000 spending limit. **bleep**! Smiley Mad The balance transfer is still showing up, which is almost $4,000. Did AMEX just pull a fast one on me? I tried calling, but 3 reps and nobody could figure it out. They keep telling me to call back tomorrow. 

26 REPLIES 26
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Community Leader
Super Contributor

Re: American Express Everyday Approved, Then Starting Limited Changed

The $2k may just be your temporary limit til you receive your card and activate it. Did the reps confirm the limit you were approved of?

Message 2 of 27
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Established Contributor

Re: American Express Everyday Approved, Then Starting Limited Changed

Thanks for replying simplynoir. The only rep from new accounts that actually put the effort in to look it up, said he saw the limit as $2000. I too, was wondering if this was a temporary limit or maybe even my credit limit minus the balance transfer. He couldn't confirm it, and all the other people just gave me excuses why they couldn't find it.

Message 3 of 27
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Re: American Express Everyday Approved, Then Starting Limited Changed

I highly suspect its whats available to spend after the BT, I would see what it says tomorrow after the computers have a chance to update. Grats on the new card Smiley Happy

"If there's a lack of money in your life, understand that feeling worried, envious, jealous, disappointed, discouraged, doubtful or fearful about money can never bring more money to you, because those feelings come from a lack of gratitude for the money you have."

"Reactions are powerful creators because they contain every element needed to manifest—they're a combination of thought, belief, and feeling in action. Positive reactions create more positive things, and negative reactions create more negative things. If you can respond to negative situations calmly and lightly, instead of with emotional turbulence, what happens next in your life will be so much better."

- Rhonda Byrne

Message 4 of 27
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Re: American Express Everyday Approved, Then Starting Limited Changed


@sassynycgirl wrote:

Thanks for replying simplynoir. The only rep from new accounts that actually put the effort in to look it up, said he saw the limit as $2000. I too, was wondering if this was a temporary limit or maybe even my credit limit minus the balance transfer. He couldn't confirm it, and all the other people just gave me excuses why they couldn't find it.


The only thing I can see you can do is wait til tomorrow and hope someone from customer service can solve this concern. I just know that temporary limits are not unheard of. My last AMEX application of the Amazon Prime card when I was approved was $5k yet going the CLI page it showed a CL of $16k that couldn't be used right away.

Message 5 of 27
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Established Contributor

Re: American Express Everyday Approved, Then Starting Limited Changed

Thank you gdale6 for your response. I'm hoping it's something stupid like that. I am going to be patient and wait it out. Hopefully everything settles into place. Smiley Happy

Message 6 of 27
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Established Contributor

Re: American Express Everyday Approved, Then Starting Limited Changed

Thanks simplynoir. I ran to my credit limit increase page to check if that was the case for me. Unfortunately, it shows $2,000. I'll just wait until the dust settles and see where I am at. Thanks again for your detailed response. I was going to apply for the Hilton Ascend since we started traveling more, but now I"m not so sure lol. 

Message 7 of 27
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Re: American Express Everyday Approved, Then Starting Limited Changed


@gdale6 wrote:

I highly suspect its whats available to spend after the BT, I would see what it says tomorrow after the computers have a chance to update. Grats on the new card Smiley Happy

 

^^^this


 

BK CH7--Filed September 25, 2018--D/C Jan.4, 2019
{FICO8 Feb.12, 2019--TU 580--EX 600--EQ 626}

Credit One Visa ($500 now $700) Nov. 2018
SelfLender (2 year) Nov. 2018
Capital One Platinum MC ($2000 now $2500) Jan. 2019
Target RedCard ($500 at 4 months $800 six months later $1900) April 2019
Venus Comenity ($500 now $1500) May 2019 no HP


FICO 8 SCORES: 03-25-2020667 TU653 EX668 EQ
Message 8 of 27
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Re: American Express Everyday Approved, Then Starting Limited Changed


@sassynycgirl wrote:

Thanks simplynoir. I ran to my credit limit increase page to check if that was the case for me. Unfortunately, it shows $2,000. I'll just wait until the dust settles and see where I am at. Thanks again for your detailed response. I was going to apply for the Hilton Ascend since we started traveling more, but now I"m not so sure lol. 


$6000-$2000=$4000...your BT.  

BK CH7--Filed September 25, 2018--D/C Jan.4, 2019
{FICO8 Feb.12, 2019--TU 580--EX 600--EQ 626}

Credit One Visa ($500 now $700) Nov. 2018
SelfLender (2 year) Nov. 2018
Capital One Platinum MC ($2000 now $2500) Jan. 2019
Target RedCard ($500 at 4 months $800 six months later $1900) April 2019
Venus Comenity ($500 now $1500) May 2019 no HP


FICO 8 SCORES: 03-25-2020667 TU653 EX668 EQ
Message 9 of 27
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Established Contributor

Re: American Express Everyday Approved, Then Starting Limited Changed

I guess the only thing that confuses me is, when I go to CLI it says the current credit limit is $2,000. Wouldn't it show the actual credit limit there, and not the amount after the balance transfer? But, as others have said, maybe it's just taking time to sync and will update tomorrow. Either way, thanks for your response.

Message 10 of 27
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