No preset spending limitThe Business Platinum Card is not a traditional credit card. Instead, it has no preset spending limit. There are positives and negatives to this.With a traditional credit card, you'll get a credit limit (for example, $15,000) and can't spend past that amount ...
Charge cards usually haveno preset spending limit,although that does not mean you have an unlimited credit limit. The credit card issuer determines your limit based on how you manage the card. Hot Tip:For more information on this topic, check out this article dedicated to thedifferences between...
If you have a Consumer or Business Green, Gold or Platinum Card, your Card does not have a credit limit. Instead, your Card has no preset spending limit unless you have been previously notified otherwise. No preset spending limit means the spending limit is flexible. In fact, unlike a trad...
You can generally have at most five Amex credit cards at any given point, which doesn’t include hybrid cards with no pre-set spending limit, like the Amex Business Gold; it doesn’t matter whether the credit cards are personal or business(No Preset Spending Limit means your spending limit ...
While your card has no preset spending limit, there is a Pay Over Time limit that acts like a traditional credit limit. (You'll find your limit in your card member agreement or online account.) You won’t be able to carryany balances exceeding your Pay Over Time limit. ...
These cards include the Amex Platinum card, the Amex Business Platinum card, the Amex Gold card, the Amex Business Gold card, and the Amex Green card. With no preset spending limit, your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend ...
Rather than acting like a credit card in the traditional sense, where you’ll have a preset spending limit and have the option to carry a balance from month to month — though you’ll pay interest for doing so — these cards have no preset spending limit and are designed for you to ...
Does The Amex Platinum Have A Limit? No, the American Express Platinum Card does not a preset credit limit, though that doesn’t mean cardholders are granted unlimited purchasing power—it simply means that every cardholder has a different limit. You can find the credit limit on your Platinum...
Pay Over Time is also available on the business versions of American Express's Green, Gold and Platinum cards. Holders of those cards are pre-enrolled as well. The issuer assigns a Pay Over Time limit. There’s no overall preset spending limit for your card, but there is a limit to how...
does not have a preset spending limit, it does impose a limit on your Pay Over Time balance; any eligible purchases above that limit become Pay In Full. Terms apply. Pay In Full: These purchases must be paid off completely each month, so they do not incur interest. All purchases over ...