Big Boy Club……Amex Gold & Platinum Discussion
- Thread starter brooklyn_boulevard
- Start date
Jaylen Tatum
Superstar
Having No limit is dangerous.
I’m definitely getting that Kehinde Wiley version. Hope it’s still around when I come off hibernation
The white ladies design looks like my 2 year old got ahold of my card and had some fun
The Kehinde design is far too feminine for me but my wife might opt for that design. It’s a decent change up but for me I like the classic instantly recognizable design.
I thought so at first too and called them like “ummm, I don’t know what to do with this”
After they calmed me down they informed me there is technically a limit I was good. It operates differently and without it I don’t think I would have gotten approved for my home loan recently since Amex reports a paid off balance every month (and in my instance it was $7-10k per month so very large balances and volume).
Gotta learn some self-control. Just because something doesn't have a "limit" (it does actually, it just isn't straightforward) doesn't mean you should spend frivolously.
east
Screwed up... till tha casket drops!!
idk if it's well known but if you try to check your limit too much your account could get dumped into a process where they ask you for address/employment verification, tax returns, shyt like that
Your "limit" is your average spend over 3-6 months. Spend 2.5x or so above and you would get denied. They have multiple data points regarding your account. If you go H.A.M. in the winter season (25k a month) vs. smoothed out in the spring and summer (2k a month) they know for fraud purposes and such.
humminbird
Veteran
yeah financial review
Back4The1stTime
All Star
A lot of people confuse "no pre set limit" with "no limit". No pre set limit means it doesn't give you a hard limit like a traditional credit card does. However your limit is based on how you spend and AMEX giving you a range based on your spending habits. So if you go outside of that they will deny the charge.
Looks like they’ve capped me out at $49,999, and won’t give me $50k+
it’s been over 8 months and I’ve run some huge volumes, it’s not like I would put that down on a card anyways on a single charge but it would be nice to have black card like thresholds
shyt is wack
It really is. I miss the days Cap 1 used to let you print whatever the fk image you wanted. I had several and my most favorite was Van Gogh Starry night but I had a couple custom ones.
Back4The1stTime
All Star
Looks like they’ve capped me out at $49,999, and won’t give me $50k+
it’s been over 8 months and I’ve run some huge volumes, it’s not like I would put that down on a card anyways on a single charge but it would be nice to have black card like thresholds
If you keep spending like that I'm sure you will get an invite in the mail soon
I’m not ready yet because the wife isn’t working until next fall. They run a full financial profile on you and I’m about 50% there, unless they lower the entry level like they did with the platinum it will be out of reach for me for at least another 3 or 4 years. Minimum spend is $250k per year and at my current pace I’m right at $100’ish, if I converted every single dollar we spend though once she does start working we should get reeeeally close to the minimum spend requirements for a black card.