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So, I have had my AMEX Everyday about 6 months. I currently (as of today) have it maxed out, but I make several payments throughout the month. But today, when I made the purchase that maxed the card, AMEX emailed me and said they've increased my credit limit by $1000. This is a little crazy to me because I am maxed currently! Is this normal? Obviously I am thrilled, just curious! And of course I'll be paying it down soon.
@scmami wrote:So, I have had my AMEX Everyday about 6 months. I currently (as of today) have it maxed out, but I make several payments throughout the month. But today, when I made the purchase that maxed the card, AMEX emailed me and said they've increased my credit limit by $1000. This is a little crazy to me because I am maxed currently! Is this normal? Obviously I am thrilled, just curious! And of course I'll be paying it down soon.
Was your starting limit also $1k?
This happened to me on my BCE at the end of 9th month. $1k became $2k. My CLI attempts in the meanwhile were declined citing high balance.
Starting limit was $2500. Current Limit is $3500. I'm an AU on 2 $10k accounts of my husbands (1 of them is AMEX). Oh and it was less than an hour after the purchase. I'm still in the 0% intro period and will be paying it off before it's over. It has 80%+ of limit for a few months so it's interesting to me...