Why do CC let you go over the limit!

TRC_WA · ‎01-01-2015

So THAT'S why my new $6700 Sallie Mae hit my report with the account info listed as:

Flexible spending credit card

Now it all makes sense!

FICO8 current as of : 4-17-24 EQ: 724 TU: 707 EX: 706
Hard INQs last 12 months: EQ: 5 | TU: 8 | EX: 9
Verizon Visa $8500 Amex Delta Reserve $10,000 Care Credit $18,000
NFCU CashRewards $7500 Apple Card $7000 Best Buy $8000 Amazon $5000
NFCU auto loan (2022 Ford Bronco Sport Badlands - Cactus Gray) 6.95%
NFCU motorcycle loan (2024 Harley Davidson Road Glide - Alpine Green & Chrome) 9.45%
Total CL: $64,000 --- Total CC UTI: 27% --- AAoA: 5.5 years --- Income: $200k
Last app: 4-6-24

Anonymous · ‎01-01-2015

@TRC_WA wrote:
So THAT'S why my new $6700 Sallie Mae hit my report with the account info listed as:

Flexible spending credit card

Now it all makes sense!

Pretty much, yes.

Anonymous · ‎01-01-2015

@Anonymous wrote:
That is wild. I know they print lower CL cards on the same WMC stock, but I didn't think it would come with the perks. When I got my Double Cash (2.5K starting CL) it was on the WMC stock but I didn't get the WMC pamphlet. When they CLI'd me to 12.5K I received the WMC literature so I just assumed it was a fixed CL before and now it is flexible over limit.

To check whether there is really a "revolving credit line" (flexible spending) NPSL log in to the Citi web site and go to the account and it will say "available revolving credit line". If it says: "available credit" it is a fixed credit limit. Generally Citi does not issue cards with the first six digits 5424 -18xx-xxxx-xxxx master cards with revolving credit limits. Note, generally they don't.

Re: Why do CC let you go over the limit!

Re: Why do CC let you go over the limit!

Re: Why do CC let you go over the limit!