Originally Posted by
SPG Junkie
Interesting whereby my last card, I was approved for a credit limit of less than $5K. My new issued card, with no material change in personal financial income or history, was issued with a credit limit over $10K. Go figure...
It was well known that Amex last year (and perhaps the year before that) was taking a much closer look at their credit limits based on potential outstanding liabilities. Tons of people were given downgraded credit limits with no warning at all. I think they're now starting to ease up.