Maximum Amex Exposure?

[lexrjSD]

What's the max amex exposure? I have a BCP w $25k and Simple Cash with $50K, I'm thinking on upping the BCP. Am I already at max? Do biz and personal cards count together or separately?

[Gmood1]

There's no definitive answer as far as the maximum exposure. It varies by your profile. Yes business and personal are all under the same exposure.
It's possible that you still have a ways to go before you hit that wall.

[pizza1]

I would say as long as your income supports it, then skies the limit! Just be able to provide the supporting documents if you're ever hit with an FR.

[wasCB14]

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@pizza1 wrote:
I would say as long as your income supports it, then skies the limit! Just be able to provide the supporting documents if you're ever hit with an FR.

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Quite so. A former Amex employee on here has reported seeing multi-million CLs on revolvers.

[Anonymous]

Didn't some guy buy a 180 million dollar painting on an Amex Revolver?  

[K-in-Boston]

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@Anonymous wrote:

Didn't some guy buy a 180 million dollar painting on an Amex Revolver?  

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Mr. Liu put the $170,000,000 painting on his Centurion card.

[LandoCredrissian]

Thanks for the link. Unreal! 😁

[CreditCuriosity]

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@pizza1 wrote:
I would say as long as your income supports it, then skies the limit! Just be able to provide the supporting documents if you're ever hit with an FR.

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Proof of income and FR are two different things many people get confused here ... Asking for a higher limit isnt a FR although yes you would probably have to provide 4506-t if they want said limit, but a FR is a freeze being put on your accounts.  So quite a difference.

[pizza1]

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@CreditCuriosity wrote:

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@pizza1 wrote:
I would say as long as your income supports it, then skies the limit! Just be able to provide the supporting documents if you're ever hit with an FR.

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Proof of income and FR are two different things many people get confused here ... Asking for a higher limit isnt a FR although yes you would probably have to provide 4506-t if they want said limit, but a FR is a freeze being put on your accounts.  So quite a difference.

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gotcha

[Anonymous]

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@K-in-Boston wrote:

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@Anonymous wrote:

Didn't some guy buy a 180 million dollar painting on an Amex Revolver?  

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Mr. Liu put the $170,000,000 painting on his Centurion card.

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Not that it still isn't a lot of money, but that was in Hong Kong dollars.  In US dollars it's about $22,000,000.