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Thread: Temp credit limit increase or prepay option for large purchase?
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Old Jan 6, 2025 | 3:04 pm
  #12  
mangoMan
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Originally Posted by Caspavio
i do not recommend you doing this. this is called credit cycling and it allows you to spend beyond your assigned credit limit in a way. some issuers are uncomfortable with that, especially cycling $40k
We've done this quite frequently with our Barclay Aviator Business card, and it seems to not be an issue. Of course Amex may have a different view. In my case I would only do it once: pay off my $30K balance later this week and then charge an additional $10K. What is the risk? Shut down my card account(s)? Refuse the second charge? I suppose I could call before I make the second charge and see what/if there are any repercussions. I have no history of credit cycling with Amex otherwise.
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