What is the Limit of American Express Credit Card?

Credit Card
1

I want to know the limit of AMEX credit card.

2

Usually, most credit card providers do not provide a predetermined credit limit and American Express works the same way. They check your credit report, credit score, type and your annual income.

Here’s what exactly you need to get a decent credit limit:

  • If you are a salaried person, your annual income needs to be at least ₹4.5 lakh.
  • In case you are a self-employed person, you need an annual income of at least ₹6 lakh.
  • Another requirement that I would highlight here is the credit score. If it is 750 or above, your chances of approval and getting a good limit are much higher.

So if you are planning to apply, just make sure you meet these criteria and go for it. Then let Amex decide the limit they want to offer you.

And if you seek a higher credit limit, I have got a few simple tips that can really help:

  • Pay your dues on time and try to pay in full to avoid incurring extra interest.
  • Regularly use your credit card, but do not overspend. It helps keep your credit utilisation low, leaving a good impression with the issuer.