2007-04-26 12:35:08 · 5 answers · asked by Smart_Guy 1 in Business & Finance ➔ Credit
Some Credit Cards have no limit like Platinum American Expresses. My Parents had a $100,000 limit on a card back in the '80's but rarely used it.
Speaking of limits. The limit for interest once you fail on a payment changes from your introductory Rate read the find print to find out that it can go as high as 22.5% or so NOT INCLUDING ADDTIONAL PENALTIES.
Don't spend money you don't have. Credit Cards are the number one debt in this country. More than double the national debt.
Think very carefully.
2007-04-26 12:39:45 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I haven't ever seen anything in writing available for the public related to the highest credit limit increase available. It is always dependent on the card holder's income, credit worthiness, and use/payment history.
2007-04-26 19:44:01 · answer #2 · answered by Brian G 6 · 0⤊ 0⤋
The Platinum Business Credit Card comes fully loaded with the following basic features:
* No annual fee
* 0% Introductory APR for the first 12 months on purchases.
* A 7.99% rate on balance transfers made during the six-month introductory period.
* Purchase protection
* Extended warranty for purchases
* Auto rental insurance
* Up to $100000 in travel accident insurance
* Lost luggage insurance
* Emergency card replacement services
Read more about it at: http://www.credit-card-gallery.com/article/230,Platinum_Business_From_American_Express_%E2%80%93_The_Unmatched_Business_Credit_Card!
2007-04-27 06:44:56 · answer #3 · answered by Anonymous · 0⤊ 1⤋
No limit. But if you have to ask, I doubt you qualify. I know I never will.
2007-04-26 21:33:13 · answer #4 · answered by STEVEN F 7 · 0⤊ 0⤋
it depends which card you have. some cards can go as high as $5,000 some as low as $500!
2007-04-30 18:57:22 · answer #5 · answered by D.J 2 · 0⤊ 0⤋