Vermonster wrote:The amount that you can go over will vary. I was able to put about $3500 on a $2700 limit Freedom. Others have been told they can only go over by 10%. I'm sure lots of little charges would get you farther than a single charge that goes over the limit.
I would think it's the opposite, actually. "I'm going to buy this 50K bauble for my wife, and I don't want to liquidate the brokerage account until the end of the month" makes more sense than "I ran up a 50K in restrauant dinnes.". That may say something about my credit limits compared to my normal spend, though.
When I got my current amex credit card, I put something like twice the limit on it as pretty much the first purchase. (It had a 2k limit; I was buying plane tickets for several people to Europe.) I called, told the rep what I wanted to do, he typed something, and I bought the tickets, and made a payment a couple days later.