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  • FIRST POST
    • 2ilent8cho
    • By 2ilent8cho 29th Oct 18, 3:35 PM
    • 81Posts
    • 38Thanks
    2ilent8cho
    American Express and credit limit increases?
    • #1
    • 29th Oct 18, 3:35 PM
    American Express and credit limit increases? 29th Oct 18 at 3:35 PM
    Can anybody give any insight into how American Express deal with credit limit increases? I got my first ever Amex card this month (BA Premium) but the limit is not great (its the lowest of any of my credit cards) Its only 1500 , i have spent 1800 on the card already after just 2 weeks by paying some of it off so i can spend again.

    Do they offer them automatically normally? or do i have to request them? If so how long should i leave an Amex account before asking for an increase?
Page 2
    • Gary_Dexter
    • By Gary_Dexter 14th May 19, 11:18 AM
    • 6,869 Posts
    • 4,572 Thanks
    Gary_Dexter
    I'm talking about a credit card.
    Originally posted by beany_bot
    I assumed Platinum meant the charge card.

    Were you referring to the Platinum CashBack card then?
  • archived user
    I assumed Platinum meant the charge card.

    Were you referring to the Platinum CashBack card then?
    Originally posted by Gary_Dexter
    This one https://www.americanexpress.com/za/network/product/american-express-platinum-credit.html
    • TheEffects
    • By TheEffects 14th May 19, 11:52 AM
    • 137 Posts
    • 13 Thanks
    TheEffects
    Is this for real






    How can a card company give such outragous limits.


    Is this not how the credit crunch saga began through irresponsible lenders.
    • zx81
    • By zx81 14th May 19, 11:55 AM
    • 24,102 Posts
    • 26,823 Thanks
    zx81

    Is this not how the credit crunch saga began through irresponsible lenders.
    Originally posted by TheEffects
    Irresponsible lending is individual specific, not based on an absolute number.

    A high credit limit can be very responsible if the individual's circumstances allow it.
    • Gary_Dexter
    • By Gary_Dexter 14th May 19, 11:59 AM
    • 6,869 Posts
    • 4,572 Thanks
    Gary_Dexter
    Aside from the fact that that's South African, the equivalent to that in the UK would be the Platinum Cashback/Everyday Cashback cards:

    https://www.americanexpress.com/uk/credit-cards/all-cards/?filter=personal,cashback&intlink=uk-en-hp-ca-all-platinum-cashback-credit-card-20072018
  • archived user
    Is this for real
    How can a card company give such outragous limits.
    Is this not how the credit crunch saga began through irresponsible lenders.
    Originally posted by TheEffects
    How is it irresponsible? He earns 20k a day give or take. So his card is actually a fairly low limit considering what he earns. Is your card limit only 4 days work for you?
    • 2ilent8cho
    • By 2ilent8cho 14th May 19, 2:17 PM
    • 81 Posts
    • 38 Thanks
    2ilent8cho
    Since i started the thread over 6 months ago incase somebody else comes along searching with a similar question to what i had, i got the limit increased from 1500 to 4500 after 3 months, then from 4500 to 5500 after 6 months.
    • bozo007
    • By bozo007 14th May 19, 5:33 PM
    • 22 Posts
    • 6 Thanks
    bozo007
    Amex increased my limit last year after sending me an email & letter 6-7 weeks in advance of the increase. There was an option to say No, else it kicked in on the designated date. For the curious, the limit went up from 11k to 14k whereas I have rarely hit even 2k in any billing cycle.
    • okigen
    • By okigen 15th May 19, 7:47 PM
    • 15 Posts
    • 2 Thanks
    okigen
    I can't remember the exact dates but think I got the first increase in 3 months and the second one in between 6-9 months later.
    • rymetymeuk
    • By rymetymeuk 16th May 19, 2:32 PM
    • 17 Posts
    • 10 Thanks
    rymetymeuk
    I can confirm I increased from 10k to 15k today, no hard pull. I asked for 20k.
    Had the UK SPG card since December, put a lot of spending on it first 2 months due to moving to the UK from USA, but not done any for last couple months as got Amex Plat charge for daily.


    thanks for this info all.
    • Dr.xLord
    • By Dr.xLord 19th Oct 19, 9:04 PM
    • 1 Posts
    • 0 Thanks
    Dr.xLord
    Amex credit limit
    My starting CL with Amex platinum cashback was 15000 then i asked after 60 days for 25000 they gave 22500 instead
    • Ben8282
    • By Ben8282 19th Oct 19, 9:08 PM
    • 3,971 Posts
    • 2,167 Thanks
    Ben8282
    My starting CL with Amex platinum cashback was 15000 then i asked after 60 days for 25000 they gave 22500 instead
    Originally posted by Dr.xLord
    Have you signed up to the forum simply to bring this old thread back to life by posting this improbable information?
    • dave1345
    • By dave1345 20th Oct 19, 12:19 AM
    • 14 Posts
    • 5 Thanks
    dave1345
    I'm not sure it is improbable. My experience with Amex is that after getting a card they will increase the limit if I ask them to within a week or so. There was no waiting 3 months or 6 months as some other people have indicated. Amex seem a lot more flexible with their limit setting in my personal experience.
    • The Urbanite
    • By The Urbanite 20th Oct 19, 12:53 AM
    • 175 Posts
    • 85 Thanks
    The Urbanite
    They also offer limit increases after carrying out financial reviews. An almost doubling of the credit limits promptly follows whenever Amex have carried out these reviews in my experience.
    Last edited by The Urbanite; 20-10-2019 at 12:57 AM.
    • boo_star
    • By boo_star 20th Oct 19, 1:30 AM
    • 2,834 Posts
    • 2,177 Thanks
    boo_star
    Have you signed up to the forum simply to bring this old thread back to life by posting this improbable information?
    Originally posted by Ben8282
    AMEX gave me a 5000 limit and then offered 12700 after three months. I think you're wrong in this instance.

    They're picky, but generous.
    • Ben8282
    • By Ben8282 20th Oct 19, 1:51 AM
    • 3,971 Posts
    • 2,167 Thanks
    Ben8282
    15K to 22.5K on a credit card after 2 months? Still don't buy it.
    • boo_star
    • By boo_star 20th Oct 19, 2:25 AM
    • 2,834 Posts
    • 2,177 Thanks
    boo_star
    15K to 22.5K on a credit card after 2 months? Still don't buy it.
    Originally posted by Ben8282
    I wouldn't have bought an increase from 5k to 12700 was likely either. You might be right but it's not improbable...
    • blue.peter
    • By blue.peter 20th Oct 19, 8:43 AM
    • 52 Posts
    • 18 Thanks
    blue.peter
    (Please ignore. I wrote a post in error, but can't seem to simply delete it. Apologies.)
    Last edited by blue.peter; 20-10-2019 at 8:46 AM.
    • Gary_Dexter
    • By Gary_Dexter 20th Oct 19, 9:17 AM
    • 6,869 Posts
    • 4,572 Thanks
    Gary_Dexter
    It’s certainly not impossible (speaking from experience)
    • Rosco32
    • By Rosco32 21st Oct 19, 2:07 PM
    • 162 Posts
    • 63 Thanks
    Rosco32
    I got my Amex in Jan 2014, and the limit was reasonable. I used it a lot initially for the cashback and I still use it to this day. 6 years on and my limit is extremely high now. I guess you'll have to wait a few months and apply for a limit increase.
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