totally random panic

mgdavid

thought Amex was a charge card not a credit card (therefore no limit?)
and what are you doing running it up to the limit anyway? :eek:

claire16c

Amex is a credit card.

Bouncy_2

mgdavid wrote: »

and what are you doing running it up to the limit anyway? :eek:

I hadn't

this is the maths that got my into a panic

my limit was A

My outstanding Balance was X

The credit available was Y

The recent transactions was Z

now, in theory

A = X + Y + Z

but, in this case

A = X + Y + Z + 94.50

where that £94.50 had appeared from is what got me into a panic

turned out to be to do with extra payments I had made, as mentioned previously

claire16c

Tbh whose business is it even if you han run it up to its limit?

When my DH first got a barclay card the limit was only £600! So hardly hard to run up. And even on some of my cards now where Ive got several thousands pounds worth, I used to have to sometimes buy a £3-4k season ticket to get to work so that took most of it up.

Just because someone uses a credit card up to the limit doesnt mean they are: A irresponsible, and B arent paying it off in full anyway!

Bouncy_2

claire16c wrote: »

Just because someone uses a credit card up to the limit doesnt mean they are: A irresponsible, and B arent paying it off in full anyway!

very good point - i direct debit the full balance every month!

claire16c

Bouncy wrote: »

very good point - i direct debit the full balance every month!

Me too. And I earn airmiles for my next flight with American airlines!