Originally Posted by karthik
The Chairman Card doesn't have a spending limit—it has a credit line that you can exceed in an Amex-like fashion. (Assuming Amex ever actually approves purchases over the hidden charge card limit, which is dubious.----.
The Chairman Card has a credit limit for revolving credit and a credit guide line that can be used in excess of the credit limit which must be paid in full monthly.
The amex cards come in both a credit card that has a credit limit that cannot be exceeded and also a charge card that has a credit guide line that must be paid in full monthly. There is not a combined charge/credit card available from amex at this time. The charge limit is not hidden and you can ask what it is and negotiate its increase. Mine started at 5k and has been increased over the years to around 120k, irregardless I would not charge that much and pay it off in full at the end of the month, unless it was a business purchase and provided a LOT of points.