American Express wants me to spend more money?

[Turkish]

So I got my AMEX Gold card last February with $2000 limit. They upped it to $3500 in June, $5000 in September, and $8000 now I usually spend around $2000/month and it`s been that way since I got the card... weird.

 

[nmcglennon]

jesus...

 

Lightweight...my Amex Blue Cash limit is $17,600.

Of course they want you to spend more money, so they can make money off you! Do you really think they're in the business of being friendly and giving you free cash?

 

[Turkish]

Originally posted by: jumpr
Lightweight...my Amex Blue Cash limit is $17,600.

Of course they want you to spend more money, so they can make money off you! Do you really think they're in the business of being friendly and giving you free cash?

Well, see that's what I mean. I never go over $2000/mo whether my limit is $2000 or $8000. And I`m a college student, not like my income goes up every other month. Weird.

 

Originally posted by: The Boss

Originally posted by: jumpr
Lightweight...my Amex Blue Cash limit is $17,600.

Of course they want you to spend more money, so they can make money off you! Do you really think they're in the business of being friendly and giving you free cash?

Well, see that's what I mean. I never go over $2000/mo whether my limit is $2000 or $8000. And I`m a college student, not like my income goes up every other month. Weird.

Why is it weird? You keep saying "weird," but you haven't explained why you think it's weird. They want you to spend more than you can afford, so they keep raising your limit. Why is that weird?

 

[anxi80]

just a quick question... sorta.

amex gold cards have a credit limit? is it a delta gold card? i thought all amex gold cards (besides the aforementioned delta gold card) are charge cards to be paid in full every month. can someone shed some more light on this for me please?

 

[cliftonite]

Originally posted by: The Boss
So I got my AMEX Gold card last February with $2000 limit. They upped it to $3500 in June, $5000 in September, and $8000 now I usually spend around $2000/month and it`s been that way since I got the card... weird.

Im at like 18,500 and I dont even have a full time job (still in school).

 

[Turkish]

Originally posted by: jumpr

Originally posted by: The Boss

Originally posted by: jumpr
Lightweight...my Amex Blue Cash limit is $17,600.

Of course they want you to spend more money, so they can make money off you! Do you really think they're in the business of being friendly and giving you free cash?

Well, see that's what I mean. I never go over $2000/mo whether my limit is $2000 or $8000. And I`m a college student, not like my income goes up every other month. Weird.

Why is it weird? You keep saying "weird," but you haven't explained why you think it's weird. They want you to spend more than you can afford, so they keep raising your limit. Why is that weird?

I guess I am not explaining it right My monthly purchases never exceed $2000 so it`s stupid to increase my line of credit but I guess you are right, it doesn`t hurt them to do so, thus they increase it. I just thought they`d increase your limit if you asked for it and showed proof of income increase or something...

 

[Turkish]

Originally posted by: anxi80
just a quick question... sorta.

amex gold cards have a credit limit? is it a delta gold card? i thought all amex gold cards (besides the aforementioned delta gold card) are charge cards to be paid in full every month. can someone shed some more light on this for me please?

Yeah, mine is a Delta Gold Card I dont know anything about the regular Gold Card. Sorry for the confusion.

 

[Turkish]

Originally posted by: cliftonite

Originally posted by: The Boss
So I got my AMEX Gold card last February with $2000 limit. They upped it to $3500 in June, $5000 in September, and $8000 now I usually spend around $2000/month and it`s been that way since I got the card... weird.

Im at like 18,500 and I dont even have a full time job (still in school).

I have neither a full-time nor a part-time job... $18,500 is a lot but unnecessary for me. I don`t spend what I cannot afford

 

[anxi80]

Originally posted by: The Boss
Yeah, mine is a Delta Gold Card I dont know anything about the regular Gold Card. Sorry for the confusion.

no troubles. thanks for clarifying! and yeah, ive been with credit card companies where my limit starts out at $3000 and i never go over $500 and a couple months later they automatically kick it up a couple thousand more. trying to bait me into spending more money! nice try credit card companies!!

 

[hdeck]

i wish they would do that to my blue card

 

[Turkish]

Originally posted by: anxi80

Originally posted by: The Boss
Yeah, mine is a Delta Gold Card I dont know anything about the regular Gold Card. Sorry for the confusion.

no troubles. thanks for clarifying! and yeah, ive been with credit card companies where my limit starts out at $3000 and i never go over $500 and a couple months later they automatically kick it up a couple thousand more. trying to bait me into spending more money! nice try credit card companies!!

I`m using my Delta card a lot because I do a lot of international travel and it`s good to have as many miles as you can so I can get business/first class upgrades on Delta, Northwest, Air France, etc.

Probably would be using my Citi Mastercard only if they upped my limit to at least $2000. It`s at $1500 right now and I have 750+ credit score with decent savings in the bank.

 

[CrazyDe1]

Originally posted by: The Boss
So I got my AMEX Gold card last February with $2000 limit. They upped it to $3500 in June, $5000 in September, and $8000 now I usually spend around $2000/month and it`s been that way since I got the card... weird.

Count your blessings...they won't raise my limits at all. In fact, I had no limit and they put an 8500.00 limit on me...

 

[Turkish]

Originally posted by: hdeck
i wish they would do that to my blue card

You know you can request one ... It doesn`t hurt