AMEX Internal Score, Soft Pull (Recent/New) and 3XCLI

[B335is]

Congrats!

[gdale6]

Fantastic, congrats

[Anonymous]

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@Tszone wrote:

I am new to amex, have not received my card yet. My question is what is the difference between limit and spending ability? I have the everday card with 5k limit.

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Spending ability determines how much you will be approved for should you buy something that is over your credit limit (5k limit you stated).  Amex uses different factors to determine that.  What it is, we don't know...

[CreditCuriosity]

weird ... Since I saw this thread I wanted to see mine.. I have a 1k credit line atm ... Can't wait for 3x61 days... Anyways, I put 2k in and was approved then put 3k in and said it was 1k as I just paid the balance so 3k was turned down....  Can you keep checking this or is it a bad thing to do?  I would assume as they get more comfortable with your useage they wil continue to up it as the know you pay patterns and such?  Only had the card about 20 days at most now..

[Tszone]

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@Anonymous wrote:

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@Tszone wrote:

I am new to amex, have not received my card yet. My question is what is the difference between limit and spending ability? I have the everday card with 5k limit.

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Spending ability determines how much you will be approved for should you buy something that is over your credit limit (5k limit you stated).  Amex uses different factors to determine that.  What it is, we don't know...

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Thank you

[Anonymous]

Wowza Nixon, way to go!

[CreditMagic7]

Congrats!

[Anonymous]

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@Tszone wrote:

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@Anonymous wrote:

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@Tszone wrote:

I am new to amex, have not received my card yet. My question is what is the difference between limit and spending ability? I have the everday card with 5k limit.

---

Spending ability determines how much you will be approved for should you buy something that is over your credit limit (5k limit you stated).  Amex uses different factors to determine that.  What it is, we don't know...

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Thank you

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You are welcome!

[alvon123]

congrats

[Anomalous]

Congratulations!