@Berk wrote:
@taxi818 wrote:
@Berk wrote:I have never had an issue charging anything on my PRG. I could care less what my upper limit is just so long I can put charges on it prior to the "Please pay by" date. What is the big deal in knowing what your upper limit is anyway? Its a charge card like all Amex cards. I even qualify for the "pay over time" option although the APR is around 19%.
Not all amex cards are charge cards. Many more revolvers in fact than charge cards.
Let me clarify. All Amex cards have no pre set spending limit. You can exceed your credit limit provided you PIF every time you do. And provided Amex lets you of course.
Yep.
For example...
I don't know if the Wife just has a crap internal score with AMEX or what, but she hasn't gotten a single CLI on her Costco TE in 4 years. Not one. And when checking the SA button, It always comes back not approved if it's over $1,000 over the limit.
Her PRG never showed approved over $8,000 either when we were heavy spending on it. Just checked it and $4,000 brings back a not approved message. 
@Anonymous wrote:
@Jarrodpd wrote:
@Anonymous wrote:
@Jarrodpd wrote:Im interested to know what they base the spending ability off of... I was checking when I first got approved a few weeks ago, it would only tell me I was approved for an amount in the sub $1k range. Two days ago I checked and I was approved for $9K I was going to try $25K but then it locked the tool and said I should call a number if I need it. What baffels me is that I make under $10K and yet they are allowing me to make purchases that exceed my yearly income. Though I dont view it as an issue as I try to avoid making purchases I can not pay for in full.
Doesn't make sense, does it, Lol.
It doesn't, I was wanting to place a huge payment my parents are going to make in a few weeks to pay off a car so I could push it past the $1k spending for sign up points. But now im sceptical if I want to push that much through and possibly trigger a financial review. Which is something I would immediately fail.
Why would you fail? You didn't inflate your income did you?
I did round up, but only by a few hundred 
. And because $9k is more than I make in a year, and I couldn't PIF that in one month.
@Jarrodpd wrote:
@Anonymous wrote:
@Jarrodpd wrote:
@Anonymous wrote:
@Jarrodpd wrote:Im interested to know what they base the spending ability off of... I was checking when I first got approved a few weeks ago, it would only tell me I was approved for an amount in the sub $1k range. Two days ago I checked and I was approved for $9K I was going to try $25K but then it locked the tool and said I should call a number if I need it. What baffels me is that I make under $10K and yet they are allowing me to make purchases that exceed my yearly income. Though I dont view it as an issue as I try to avoid making purchases I can not pay for in full.
Doesn't make sense, does it, Lol.
It doesn't, I was wanting to place a huge payment my parents are going to make in a few weeks to pay off a car so I could push it past the $1k spending for sign up points. But now im sceptical if I want to push that much through and possibly trigger a financial review. Which is something I would immediately fail.
Why would you fail? You didn't inflate your income did you?
I did round up, but only by a few hundred
Why not? What if you only work 3 months out of the year and make $3,000 each of those months? They don't know that!
@Anonymous wrote:
@Jarrodpd wrote:
@Anonymous wrote:
@Jarrodpd wrote:
@Anonymous wrote:
@Jarrodpd wrote:Im interested to know what they base the spending ability off of... I was checking when I first got approved a few weeks ago, it would only tell me I was approved for an amount in the sub $1k range. Two days ago I checked and I was approved for $9K I was going to try $25K but then it locked the tool and said I should call a number if I need it. What baffels me is that I make under $10K and yet they are allowing me to make purchases that exceed my yearly income. Though I dont view it as an issue as I try to avoid making purchases I can not pay for in full.
Doesn't make sense, does it, Lol.
It doesn't, I was wanting to place a huge payment my parents are going to make in a few weeks to pay off a car so I could push it past the $1k spending for sign up points. But now im sceptical if I want to push that much through and possibly trigger a financial review. Which is something I would immediately fail.
Why would you fail? You didn't inflate your income did you?
I did round up, but only by a few hundred
Why not? What if you only work 3 months out of the year and make $3,000 each of those months? They don't know that!
True, if I was feeling really paranoid I could pay atleast half of it immediately to put off any suspicion.
@Jarrodpd wrote:
@Anonymous wrote:
@Jarrodpd wrote:
@Anonymous wrote:
@Jarrodpd wrote:
@Anonymous wrote:
@Jarrodpd wrote:Im interested to know what they base the spending ability off of... I was checking when I first got approved a few weeks ago, it would only tell me I was approved for an amount in the sub $1k range. Two days ago I checked and I was approved for $9K I was going to try $25K but then it locked the tool and said I should call a number if I need it. What baffels me is that I make under $10K and yet they are allowing me to make purchases that exceed my yearly income. Though I dont view it as an issue as I try to avoid making purchases I can not pay for in full.
Doesn't make sense, does it, Lol.
It doesn't, I was wanting to place a huge payment my parents are going to make in a few weeks to pay off a car so I could push it past the $1k spending for sign up points. But now im sceptical if I want to push that much through and possibly trigger a financial review. Which is something I would immediately fail.
Why would you fail? You didn't inflate your income did you?
I did round up, but only by a few hundred
Why not? What if you only work 3 months out of the year and make $3,000 each of those months? They don't know that!
True, if I was feeling really paranoid I could pay atleast half of it immediately to put off any suspicion.
You could.
While there's always the risk of an FR. It seems to be quite far and few in between.