Originally Posted by
aspenedelen
What my motivation is finding out why most other banks give me a much higher credit limit vs the medium limit that Amex gives to me?
If someone spends $40k a year on Surpass to get Diamond, how much is that worth to Amex? Is it worth $100, $500, $5,000? I have no idea but someone here must know?
I could care less if Amex comes after me if and when I drop them but my whole issue is this low credit limit and how it affects my spending pattern.
Probably $1,000 figuring they get 2.5% from the merchant less the cost of HHonors points. What is the card member since date on the card? I wouldn't drop it if you have an 18 year history with Amex. I also wouldn't get rid of over 10% of my available credit since it will negatively impact utilization. Best bet is to change to blue card or whatever else they will give you and simply not use the card.