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Amex preset limit story

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newnew2015
New Contributor

Amex preset limit story

Amex just did the weirdest thing..... I have multiple cards with them. I pay them off monthly. No business cards all personal, resonable spend because of house projects and kids but it's always been a consistent spend since around 2022 now. I randomly got an email that they placed a preset limit on my gold card. I maybe spend 500 dollars a month on that one which is low compared to the 10k+\- I spend on my platinum. Anyway I called and asked if I had done something (or see if there was something fraudulent I missed because this was odd). They said they didn't have any additional info and the decision was based on my history with no specific info. They also stated nothing could be done to review the decision, I offered to send in tax info if they were concerned about income or something. Three weeks later the limit was removed. What is going on? lol Anyone else had this experience? 

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3 REPLIES 3
Turbobuick
Established Contributor

Re: Amex preset limit story

Amex is fickle. They giveth and taketh away and regiveth, etc.. ad nauseam. Seems like they get paranoid about being over-extended. Their perogative of course. 

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pizzadude
Credit Mentor

Re: Amex preset limit story

It was probably a systematic glitch, or perhaps something popped up on your reports that scared them.  Either way glad they changed their mind about it, and so quickly.   Frequently it can take a year or longer for hard limits on Charge Cards to be lifted.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 3 of 4
Kforce
Valued Contributor

Re: Amex preset limit story

Found her as needy, hard to please and expensive.

Your issue is not uncommon, many more issues she

let me see during our time together.

 

She has that attraction, everyone wants her, however.     Smiley Wink 

 

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