Very doubtful. Why not call Credit Solutions and ask for a larger credit line?
@Anonymous wrote:With how twitchy Sync has been lately, I wouldn't try it...
... if you have a large unused credit line that you never use, have recently added a bunch of authorized users to your account, have $100,000 in combined Synchrony credit limits and $25,000 in annual income, have just maxed out all of your credit cards, and/or have new delinquent information added to your credit reports.
I think I fixed that?
(Edit: I was talking about the CLI but just realized you may have been speaking to OP's title. LOL In that case, yeah exceeding the CL probably not a good idea, although I doubt they allow it anyway. I've read too many "don't do that perfectly normal consumer behavior because the sky is falling and tomorrow no one on earth will have credit cards" posts today.)
Mine is currently negative after a payment and refund so I could technically charge over my limit. 😬
What's the reason for that? Just the way the computer is set up?
@Brian_Earl_Spilner wrote:What's the reason for that? Just the way the computer is set up?
Probably yes. The computer algorithms are set up as a corporate risk control mechanism. These banks are constantly being probed with scams, so they have to set the algorithm to prevent known scams... like overpay to generate a credit ( or claim a return to a merchant ). Such a credit may generate other problems or merchant claims that evaporate the credit.
By limiting the max purchase to Credit Limit, that puts a control ceiling on bank risk.
