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Thread: Would deposit to Amex High-Yield Savings increase my Amex card limits?
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Old Jun 19, 2010 | 9:02 am
  #20  
singlemalt
 
Join Date: Nov 2001
Location: DFW
Posts: 1,387
Originally Posted by bluto
I am considering opening up an Amex savings account because (1) 1.30% is a decent rate and (2) maybe it will help with my credit card limit problem.
Originally Posted by benolaa
Amex has just recently began a program for consumer accounts in which a CD held with Amex can be used to boost credit line at 80% of CD value.
While you're waiting for Amex to implement the above program (or not), I think you would get a much better ROI (in the form of miles and points) by making several interim payments on your card to free up your credit limit.
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