Just accepted for Amex card - any idea on my limit?

[Deleted User]

The £1200 limit assumption is a legal thing all card providers have to use.

It helps make things easily dividable by 12 (as 12 months; 1 year) to clearly show interest etc.

What limit did you get out of interest (don’t share if you don’t want to).

You’ll have the card in a few days and you can get the PIN online when the card is activated, although you normally choose a PIN when applying for the card.

MozGhul

!!! wrote: »

The £1200 limit assumption is a legal thing all card providers have to use.

It helps make things easily dividable by 12 (as 12 months; 1 year) to clearly show interest etc.

What limit did you get out of interest (don’t share if you don’t want to).

Ahh, makes sense. They gave me £12k. Didn't have any preconceptions about what they'd offer, but seems quite high!

[Deleted User]

They are one of the more generous ones when it comes to credit limits

chanz4

I have a 14k limit, never even go over 1k balance