What's your credit limit . . . AMEX NPSL

youdontkillmoney · ‎07-30-2014

AMEX's NPSL is not entirely accurate, this implies "sky's the limit" whereas there is a specific amount above which you will not be authorized for.

At the AMEX website you can check your spending limit, and you can enter two spending limits every 24 hours to see if you will be authorized at those limits, otherwise you'd have to call in and ask the Reps to check for you.

I checked mine and anything above $89,000 the card will not be approved for for purchases. Yes I know I will not be using more than $89,000 at one time or even in a short period and I can always pay down the balance to have more available credit, but the point is . . . NPSL statement is not true. There is a limit!

Anonymous · ‎07-30-2014

@youdontkillmoney wrote:
AMEX's NPSL is not entirely accurate, this implies "sky's the limit" whereas there is a specific amount above which you will not be authorized for.
At the AMEX website you can check your spending limit, and you can enter two spending limits every 24 hours to see if you will be authorized at those limits, otherwise you'd have to call in and ask the Reps to check for you.

I checked mine and anything above $89,000 the card will not be approved for for purchases. Yes I know I will not be using more than $89,000 at one time or even in a short period and I can always pay down the balance to have more available credit, but the point is . . . NPSL statement is not true. There is a limit!

You are forgetting the "P"! It's not preset. The claim is that your spending ability changes on current circumstances and can go up or down from day to day

youdontkillmoney · ‎07-30-2014

@Anonymous wrote:
You are forgetting the "P"! It's not preset. The claim is that your spending ability changes on current circumstances and can go up or down from day to day

^^^^^^

I see, thanks

Anonymous · ‎07-30-2014

Yeah, it is fairly well outlined in your card terms.

"No Pre-Set Spending Limit
No pre-set spending limit does not mean unlimited spending. Purchasing power adjusts with your use of the Card, your payment history, credit record and financial resources known to us, and other factors."

navajomyst2003 · ‎07-30-2014

@youdontkillmoney wrote:
AMEX's NPSL is not entirely accurate, this implies "sky's the limit" whereas there is a specific amount above which you will not be authorized for.
At the AMEX website you can check your spending limit, and you can enter two spending limits every 24 hours to see if you will be authorized at those limits, otherwise you'd have to call in and ask the Reps to check for you.

I checked mine and anything above $89,000 the card will not be approved for for purchases. Yes I know I will not be using more than $89,000 at one time or even in a short period and I can always pay down the balance to have more available credit, but the point is . . . NPSL statement is not true. There is a limit!

The only hard limit I know that I have on my PRG is the letter they sent me for my pay over time feature. That is set at $35,000.

In my wallet: Cap1 Venture ($58k), Amex PRG (NPSL), Amex HH ($4K), Barclays Ring MC ($10K), Chase Sapphire Preferred ($22K), Chase SWA Visa Preferred ($7.5K), Chase United Mileage Explorer VS ($20k), Chase Marriott Rewards VS ($12K), BOA BBR MC ($41K), BOA Visa Sig Cash Rewards ($30K), Chase Ritz VS (9K), NFCU Flagship Visa ($55K), Discover It ($6K), Citi AA ($20K). Everything else in SD.

FICO goal: 800+ (as of 3-6-15: EQ FICO 774,,TU FICO 808, EX FICO 775)

Anonymous · ‎07-30-2014

@navajomyst2003 wrote:
@youdontkillmoney wrote:
AMEX's NPSL is not entirely accurate, this implies "sky's the limit" whereas there is a specific amount above which you will not be authorized for.
At the AMEX website you can check your spending limit, and you can enter two spending limits every 24 hours to see if you will be authorized at those limits, otherwise you'd have to call in and ask the Reps to check for you.

I checked mine and anything above $89,000 the card will not be approved for for purchases. Yes I know I will not be using more than $89,000 at one time or even in a short period and I can always pay down the balance to have more available credit, but the point is . . . NPSL statement is not true. There is a limit!
The only hard limit I know that I have on my PRG is the letter they sent me for my pay over time feature. That is set at $35,000.

Same. I only did it for the bonus MR points - I don't actually use it. If I charge a high dollar amount, I typically call Amex and let them know I plan on running that amount through. When I bought my car, I put my downpayment, $5k which was the max the dealer would take on a CC. Prior to them running it though, I just called and let them know.

Anonymous · ‎07-30-2014

@navajomyst2003 wrote:
@youdontkillmoney wrote:
AMEX's NPSL is not entirely accurate, this implies "sky's the limit" whereas there is a specific amount above which you will not be authorized for.
At the AMEX website you can check your spending limit, and you can enter two spending limits every 24 hours to see if you will be authorized at those limits, otherwise you'd have to call in and ask the Reps to check for you.

I checked mine and anything above $89,000 the card will not be approved for for purchases. Yes I know I will not be using more than $89,000 at one time or even in a short period and I can always pay down the balance to have more available credit, but the point is . . . NPSL statement is not true. There is a limit!
The only hard limit I know that I have on my PRG is the letter they sent me for my pay over time feature. That is set at $35,000.

Isn't that the default amount for everyone?

navajomyst2003 · ‎07-30-2014

@Anonymous wrote:
@navajomyst2003 wrote:
@youdontkillmoney wrote:
AMEX's NPSL is not entirely accurate, this implies "sky's the limit" whereas there is a specific amount above which you will not be authorized for.
At the AMEX website you can check your spending limit, and you can enter two spending limits every 24 hours to see if you will be authorized at those limits, otherwise you'd have to call in and ask the Reps to check for you.

I checked mine and anything above $89,000 the card will not be approved for for purchases. Yes I know I will not be using more than $89,000 at one time or even in a short period and I can always pay down the balance to have more available credit, but the point is . . . NPSL statement is not true. There is a limit!
The only hard limit I know that I have on my PRG is the letter they sent me for my pay over time feature. That is set at $35,000.
Isn't that the default amount for everyone?

I think that is right.

In my wallet: Cap1 Venture ($58k), Amex PRG (NPSL), Amex HH ($4K), Barclays Ring MC ($10K), Chase Sapphire Preferred ($22K), Chase SWA Visa Preferred ($7.5K), Chase United Mileage Explorer VS ($20k), Chase Marriott Rewards VS ($12K), BOA BBR MC ($41K), BOA Visa Sig Cash Rewards ($30K), Chase Ritz VS (9K), NFCU Flagship Visa ($55K), Discover It ($6K), Citi AA ($20K). Everything else in SD.

FICO goal: 800+ (as of 3-6-15: EQ FICO 774,,TU FICO 808, EX FICO 775)

ezdoesit · ‎07-30-2014

@Anonymous wrote:
@navajomyst2003 wrote:
@youdontkillmoney wrote:
AMEX's NPSL is not entirely accurate, this implies "sky's the limit" whereas there is a specific amount above which you will not be authorized for.
At the AMEX website you can check your spending limit, and you can enter two spending limits every 24 hours to see if you will be authorized at those limits, otherwise you'd have to call in and ask the Reps to check for you.

I checked mine and anything above $89,000 the card will not be approved for for purchases. Yes I know I will not be using more than $89,000 at one time or even in a short period and I can always pay down the balance to have more available credit, but the point is . . . NPSL statement is not true. There is a limit!
The only hard limit I know that I have on my PRG is the letter they sent me for my pay over time feature. That is set at $35,000.
Same. I only did it for the bonus MR points - I don't actually use it. If I charge a high dollar amount, I typically call Amex and let them know I plan on running that amount through. When I bought my car, I put my downpayment, $5k which was the max the dealer would take on a CC. Prior to them running it though, I just called and let them know.

Does anyone know if you put that much down on most CC is it considered a Cash advance or regular purchase.

sexy_kitten7 · ‎07-30-2014

@youdontkillmoney wrote:
AMEX's NPSL is not entirely accurate, this implies "sky's the limit" whereas there is a specific amount above which you will not be authorized for.
At the AMEX website you can check your spending limit, and you can enter two spending limits every 24 hours to see if you will be authorized at those limits, otherwise you'd have to call in and ask the Reps to check for you.

I checked mine and anything above $89,000 the card will not be approved for for purchases. Yes I know I will not be using more than $89,000 at one time or even in a short period and I can always pay down the balance to have more available credit, but the point is . . . NPSL statement is not true. There is a limit!

1. This is kinda general knowledge here

2. You're at risk for FR when you play with that button! Be careful

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