Originally Posted by
matrixwalker2012
I could bust out too, with $215K of credit limit plus a no limit Amex Plat. Only problem is there isn’t enough crap I’d actually want to buy to go bust out. Largest end of month balance I’ve ever had was $10,500 but that included over $9000 of reimbursable expenses.
LOL, I assure you that your Amex Plat DOES have a limit. While I understand your thinking and the wording, "no pre set spending limit" I promise you there is a point they would shut you down or not approve a charge.
These cards also have means now to track your spending and credit usage in virtually real time. If you go from $0 balance to $100k overnight and try accessing that remaining $115k to "bustout" you may be shocked to find stuff getting declined.