Flexible Spending Limit

Anonymous · ‎07-20-2016

My Chase British Airways Visa Sig is reporting as Flexible Spending Limit.

I have no desire to attempt to spend over the limit, but I am curious about it.

How does that work?

Anonymous · ‎07-20-2016

@Anonymous wrote:
My Chase British Airways Visa Sig is reporting as Flexible Spending Limit.

I have no desire to attempt to spend over the limit, but I am curious about it.

How does that work?

That means you can charge over yor specific credit limit subject to approval by Chase. If they allow it, it's a one time approval and not a permanent credit limit increase. You must then pay the full amount of your balance over the limit along with your minimum monthly payment.

takeshi74 · ‎07-20-2016

Though you'll probably want to pay much more than that or else you're likely to end up with it reporting as maxed.

Anonymous · ‎07-20-2016

I wonder how many travelers use that feature and if it would be a hard pull. I also wonder how it would affect one's internal scoring with Chase. Obviously reason says not to use it, but if it's a service offered then they would expect people to use it from time to time.