📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Are AMEX credit cards harder to be accpted with, compared to others?

Options
2»

Comments

  • sfax
    sfax Posts: 1,154 Forumite
    The Charge cards are interesting. You can buy ANYTHING - there's no spend limit at all, but you need to clear the balance every month. Some people could get themselves into some serious trouble with one of those :eek:

    There is a limit but you don't see it and it's dynamic based on how much you spend. You are advised to notify them before a big outlay or they may block it
  • The Charge cards are interesting. You can buy ANYTHING - there's no spend limit at all, but you need to clear the balance every month. Some people could get themselves into some serious trouble with one of those :eek:

    It is a bit of a marketing ploy as evidently there is a limit but its just not published and a little more sophisticated than a traditional limit.

    So I had an issue with a travel agent that put through a transaction 3 times by mistake taking my card to a rather high number and AmEx called to advise I needed to bring the balance down before the statement due date and until it was brought down they'd block any single transaction over £100
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.