FlyerTalk Forums - View Single Post - Problem with AMEX hold on credit limit when buying bonds
Old Oct 31, 2003 | 5:50 pm
  #13  
singlemalt
 
Join Date: Nov 2001
Location: DFW
Posts: 1,387
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ILuvAA:
I also had a similar problem with AMEX saying I was over my credit limit. After I sent them brokerage account statements, which they verifyed, showing substantial liquid net worth, my limit was raised way into 6 figures.</font>
Really? Way into six figures because of your substantial net worth, you say? Very impressive...

Citibank will take asset verification to increase a credit limit, but this is the first time I've heard of Amex raising a credit limit based on assets and not income. You are talking about a credit limit on a credit card, not a spending limit on a charge card, correct?

Sniff...sniff...
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