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Reply to "Question about Credit Cards"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why would you tell your CC companies that your income has gone down?[/quote] American Express just sent me an email to confirm my income. Not the first time.[/quote] Same here but the last time I updated it was eight years ago, apparently. Income is significantly higher now, as are assets. I almost never use this card, so I don’t want or need a credit line increase, but I’m curious to see if they offer one. [/quote] Most Amex cards don't have a credit line. They are charge cards. Your spending power is variable and unknown to you.[/quote] You are right that the most well known Amex cards are charge cards without a published credit limit- like the Platinum and Gold cards. But they have 3 personal charge cards and 11 personal credit cards . https://www.americanexpress.com/us/credit-cards/category/all/?inav=us_menu_cards_personal_cards_view_all_credit_cards&intlink=US-Axp-Shop-Consumer-VAC-CardMember-all-StickyFilter-leftrail-varB[/quote]
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