American Express Credit Card and Charge Card Spending Limits

American Express offers both credit cards and charge cards to their customers. Their blue cards are entry level credit cards that have limits on their spending. As a member of Amex Credit Cards for over a decade, I have 4 blue cards that have no annual fees and each of those credit cards have credit limits that range up to $20,000 per card. American Express also offers what we call charge cards, which are credit cards that have to be paid back by the end of the month.

Charge Cards are what the American Express Gold, American Express Platinum, which I have, and the American Express Centurion which is one of the hardest credit cards to get in the world. If you have seen my American Express Centurion credit card reviews, you can see some of my spending limits or big purchase on the card.

In this video, I go over American Express spending limits, how they are determined, and if the American Express Platinum or even the Centurion also known as the Black Card have spending limits. See the video to find out

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*Disclaimer: Some of the links and other products that appear in this video are from companies from which Ideal Visibility Inc / Ideal Media Inc will earn an affiliate commission or referral bonus. Ideal Visibility Inc / Ideal Media Inc is part of an affiliate network and receives compensation for sending traffic to partner sites. As an Amazon Associate, I earn from qualifying purchases. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. The message in this video is to be taken for entertainment purposes ONLY. If you need advice, please contact qualified and licensed professionals, including Certified Public Accountants, attorneys, insurance agents, real estate agents, financial advisors, or appropriate licensed professionals for the subject you would like help with. These videos are strictly for entertainment purposes. Neither Simon Katz nor Ideal Visibility Inc / Ideal Media Inc are qualified or licensed in any profession and the content should NOT be taken as advice on investments, personal or business choices or decisions. This video is made for strictly entertainment purposes.

[joseantoriano]

Thumbs up before watching the video, because I know it will be a nice video!

[PREN]

Once I paid about £8000 GBP on my Gold card at a Mercedes dealer towards my new car. I also bought from Rolex for £12, 000 (approx $14, 500 USD) on my British Airways Premium Plus Amex card and it went straight through, no issues whatsoever. Even the folks at the store were surprised.

[jahsemgayle]

Even though I believe that the cost of owning one of these cards is basically Amex spending your money for you to enjoy life differently such as luxury lounge, concierge, etc . I will eventually get a centurion card ☺️

[joelmarcott]

I think with AMEX the color of the card doesn't really matter. It's WHO you are and how much financial horsepower you have! Remember that Warren Buffet has a plain Green AMEX Card. But I can guarantee you, because of who he is, his card has as much purchasing power and personal service as any Centurion Card. It just depends on the individual situation.

[drrob]

Your videos give me hope. I can’t wait until I’m able to charge $20k and pay it off immediately.

[bramvandersluis]

Another true video, I also did buy a Skydweller at my AD and the payment went true with no problem with my Centurion card😉. And yes you have the pay the full amount you spent every month.

[rickthunderwood]

Member since 2003. Used heavily for years. Haven't used my card in more than a year. Declined when I tried to use it.

[thedufloth]

I read once that the most expensive purchase on the centurion card was a private jet for $30M. If I’m not wrong, it was Denzel Washington. Just for that I’ll say that you can buy anything if you can afford.

[nubianpwr]

Good stuff Bro... U always celebrate success, while simultaneously cautioning people to "live within their means". Luv ur discipline👍🏾

[nathanpeters]

If I dropped $45k on a Rolex, I know for sure my wife would put me in the heat room and force me to upgrade her engagement ring or buy something different for a higher price than whatever I spent.

[hoomee]

You can spend on card what you have shown you can afford, I hardly spend on my Centurion card and before I make any large purchases I always give my account manager a call. A large purchase to me is £25, 000.00

[rooo]

thank of this information! i'm 17 year old now I'm looking for information on how to start using a credit card, thanks

[byronjeffery]

You forgot to mention that all of the Amex Charge cards have pay over time features that vary in Limits so one could use there charge card as a hybrid charge/credit card.

[EngineerDJ_Julius]

I was talking to a customer service representative last week, and he told me that the AMEX Gold and Platinum don't have spending limits.

Totally caught me off guard when he told me that. However it doesn't encourage reckless behavior

[richardhart]

Yep, take it easy with all your cards people, especially your Amex cards.

[brianpatrick]

Yes they don’t tell you until you get rejected

[mogahadfadah]

When I grow up I wanna be like you man 🙏🏻

[louispapa]

Well done as always Simon! Love the video and info.

[linkedinfred]

When you think about, what lender would give you a green light to spend whatever you want? They would likely be out of business within 6 months

[terrencemilton]

I was afraid of American Express card. When you spend to the point of no return.