I was approved online for a platinum Amex, even though it said they may call for verification of some info(no call yet?)I was wondering if anyone knows how they base there credit line amount? Is it a percentage of your income? Or based on your credit? What is the average line of credit? Thanks for info.
Where did you apply to get instant approval? I was on AMEX site and the online application does not offer instant approval. This is for the Platinum Charge Card, not Platinum Optima Card?
I can't directly answer your question but can tell you this. Amex will match your highest credit card limit if they haven't given it to you when the account is set up. I applied for one of my clients was approved a few days later for him but only $3,000.00. I asked about a increase and they matched his Discover to $10K.
