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Apr 3, 2024
12:59
:33
pm
Jesse Pinkman
All-American
AMEX has no "pre-set" spending limit
Every single transaction is underwritten based on your transaction history and credit history. Everyone has a limit. Only Amex knows what that is, though.
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Jesse Pinkman
Previous username
QuickCoug
Bio page
Jesse Pinkman
Joined
Feb 6, 2002
Last login
Sep 7, 2024
Total posts
20,571 (36 FO)
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Messages
Author
Time
To all smarter than me. Need CB gurus ideas. If u had $500,000 in cash
Swishfromdeep3
Apr 3, 12:42pm
Kiting your credit cards is the only answer
JimmyZ
Apr 3, 12:43pm
AMEX has no limit
mobicurious
Apr 3, 12:47pm
AMEX has no "pre-set" spending limit
Jesse Pinkman
Apr 3, 12:59pm
That could be awkward at the Maserati dealership
Heath Squashwell
Apr 3, 1:16pm
I was visiting a luxury car dealership in Dubai a few weeks ago
mobicurious
Apr 3, 1:18pm
Seems that dealerships in the states cap CC transactions at $4k.
scottpete
Apr 3, 1:26pm
That’s crazy. And I can’t believe the car dealership will let them charge the whole amount on a card.
RalphWiggam
Apr 3, 1:38pm
There really is not a reliable consumer credit industry in UAE
mobicurious
Apr 3, 1:45pm
All the more reason to not accept credit card payments . The Middle East does wire transfers all the time. You can pay
RalphWiggam
Apr 3, 1:50pm
Not everyone in Dubai has access to wire-transfer accounts
mobicurious
Apr 3, 1:57pm
I’m sorry but that’s nonsense. Anyone with the ability to put 100’s of thousands on a credit card has the ability to do
RalphWiggam
Apr 3, 2:08pm
Just telling you what I saw first hand
mobicurious
Apr 3, 2:29pm
Hint - they don't eat any of those fees. If someone is paying sig figures for a vehicle using a credit card
kccougar
Apr 3, 2:10pm
Just get a card without a limit.
SuperTank
Apr 3, 12:54pm
I would start by finding a couple credit cards that require large minimum spends
cougarfann888
Apr 3, 12:54pm
“If”? This is CB.
bruincoug
Apr 3, 12:55pm
If you can split the transaction across multiple cards, then sign up for a few
Skeptical Optimist
Apr 3, 1:06pm
Most reputable places will not do large money transfers through CC.
El Fuego
Apr 3, 1:14pm
I remember the guy that would charge no fee traveler's checks at AAA and then
BYUFBDAD
Apr 3, 1:19pm
I can’t imagine anything that cost $500,000 that they would be willing to take a credit card
JOPE
Apr 3, 4:43pm
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