American Express PRG- Hard Limit Still There but Increased

[ddemari]

So my PRG card for a year had no hard limit and usually if I checked the spend ability it would max out around $5000.00. Then one day a year ago, I saw a hard limit of $1500 pop up.

I wasnt totally annoyed because I probably would only put between $500-$800 through it a month. Ive never paid amex late but they probably didnt like all my credit cards, inquiries etc. Well yesterday I got an email, the hard limit is still there but they bumped it from $1500 to $4500. So maybe oneday they will remove it completely lol. 

[Anonymous]

It is what it is...the relationship for you both are getting stronger

[Anonymous]

It is interesting that they put "hard limits" on people without some really good reason on these "flexible" spending cards. I know everyone has an internal limit, but it's interesting that they just come out and tell you what it is.

For this reason, I NEVER check spending limit on my Amex charge card. I feel like that spooks them.

Frequently, though, they've let me charge up to 200% of my credit line on my revolvers (they may have let me do more, but that's the most I've ever tried). I started charging over my limit on my revolvers when I wasn't getting CLIs at the 6 month marks. A few months of doing that (and always paying in full) and they slowly started giving me small, automatic increases. Of course, if they give you an automatic increase, then you can't request a CLI for 6 months on any other Amex credit card, so it's a double-edged sword I suppose.

[RonM21]

At least it went up and maybe is a sign of better to come.

[Anonymous]

I guess this hard limt means that you have a revolver card instead of a charge card.... interesting !

[ddemari]

I know people do get slapped with an Amex HL. But it doesn't report to the CRAs or anything differently than an a NPSL Amex does. I would just think they would life the hard limit and still give me a low spending threshold instead of raising the hard limit, If that makes sense?

[jawbrkr]

Thats odd. They gave you a spending limit on a PRG of $4500 ..meanwhile you are carrying a platinum card. I dont get that. I wonder if there is a limit on that card as well.

[zerbherb]

i got bored and checked. my internal limit was 7k a few months ago. It just jumped up to 20k plus. I can go pretty pretty over and my everyday too.

[Anonymous]

Interesting the limit on the PRG is quite low. It doesn't matter if you never go that high anyways, as it's NPSL so it won't factor in utilization %.

Have you checked your spending power on the Platinum yet? I played with mine and was able to go up to 50k before I ran out of tries.

[Nova5041]

The only thing that drives me crazy with this card, is that my internal limit fluctuates so much! So I'm always nervous to use it for large purchases!