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I think it's false advertisement that AMEX says they don't have limits. AMEX does have limits although they're not preset limits. They look at your previous spending habits, stick it in a formula and that is the max you're allowed to spend on their card.
I tried to charge our $50k+ hotel wedding tab on my Platinum Amex card and they gave me such a hastle about it. After 1 hour of answering their questions, I finally got my limit raised on my Visa within 10 mins and had a couple free plane tickets ta'boot.
That CEO must have had some crazy months for AMEX to allow that charge to go through.Comment
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Originally posted by WayneL333I think it's false advertisement that AMEX says they don't have limits. AMEX does have limits although they're not preset limits. They look at your previous spending habits, stick it in a formula and that is the max you're allowed to spend on their card.
I tried to charge our $50k+ hotel wedding tab on my Platinum Amex card and they gave me such a hastle about it. After 1 hour of answering their questions, I finally got my limit raised on my Visa within 10 mins and had a couple free plane tickets ta'boot.
That CEO must have had some crazy months for AMEX to allow that charge to go through.
I have no pre-set limit (as you call it) and what it says online when I log into my account, but I have not had to justify anything, I bought my dad 2005 Dodge 4x4 Ram on it, he wanted it and didnt have his check book with him so I just charged it for him, took me 2 mins on the phone. Now it wasnt 50k but it was $39k.
And 50k for a wedding your crazy lol..Comment
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Well I'm just gonna have to go to Scores to check this out. ;-) Me and a dozen best buddies have a long standing rule of 3 day bachelor parties in Vegas. I'm pretty sure we've spent $200K over the years at OG's, CH2 and Fantasy Island (whatever the one across the Hard Rock is called).
Corp cards are a little different, they will put whatever requirements the company ask of them depending on the credit of your company. My last corporate AmEx I pretty much could have bought whatever I wanted. There were times my associate would charge tens of thousands in advertising materials no questions asked.
$50K wedding tab in LA? We got married in Malibu and I think that was our bar tab. ;-) J/K, it wasn't that much but it wasn't far off.Comment
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Natural progression for married men ....
See a hot chic
Talk about strippers
Talk about your bachelor party
Leads to talk about marriage
Fortunately for me, in my wedding contract I wrote in that Diana can't give me flack when my buddies have bachelor parties in Vegas. Next one is the first weekend of March Madness next year, Wednesday night to Sunday. We're going after that $214K record. ;-)Comment
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My buddies are planning my bachelor party - going to AC... One of the guys is from there, says he knows some people who know how to get the good strippers. He did it for his bachelors party earlier this year.
I won't have to worry about the bill - they will though. All I have to do is show up, drink and enjoy the entertainment.--MattComment
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