Originally Posted by
FlyerTalkUserName
Yes, negotiating ploy. I did call AmEx and ask "What happens when I swipe for $250k?" The individual on the other end said, "We might call you to verify it if you don't have a history of such transactions, but it will be approved." I'm still not sure I believe them, haha.
On the AmEx website you can log in and it will say something like "check spending power" if you have a charge card. If you're serious about putting it on the AmEx, plug in $250k and see what it says.