Michael Battle, WalletHub Credit Card Analyst
@mikebattle
The Amex Gold card has no preset spending limit, which means the spending power is determined on a month-to-month basis, depending on the cardholder’s previous spending habits, income, payment history and other factors. This does not mean that consumers are able to spend limitlessly with a no preset spending limit. Amex Gold cardholders are given a flexible spending capacity, rather than a specific one.
More info about the Amex Gold card NPSL
While not having a preset spending limit (NPSL) can offer you some flexibility, it can be difficult in emergency situations. You can know roughly what you’re able to spend based on past months, but with most NPSL cards, you never know exactly when a future purchase will be declined.
American Express makes it easier to plan for future purchases, though. If you're unsure whether a large purchase will be approved or not, simply use the Check Spending Power tool in your online account or mobile app.
Alternatives to No Preset Spending Limit
If you’d rather get a card with a set credit limit, some good rewards card options from Amex include the Amex Cash Magnet Card, Blue Cash Preferred® Card from American Express and the Blue Cash Everyday® Card from American Express.
American Express® Gold Card
People also ask
How do I check my Amex Gold card balance?
To check your Amex Gold card balance, log in to your American Express account online or call customer service at 1-800-528-4800. It's also possible to check your Amex Gold card balance through the American Express app.
How to Check Your Amex Gold card Balance
- Online: Log in to your American Express account to see your Amex Gold card's balance.
- By Phone: Call 1-800-528-4800 and follow the prompts to have the automated system read your current balance.
- By App: Log...
How high are American Express credit limits?
There is no way to know how high American Express credit limits are as Amex doesn’t disclose this information in their cards’ terms and conditions. Your credit limit will depend on your credit history, debt level, income, and payment history on other American Express cards. So, you won’t know your American Express credit limit until you’re approved for an account.
One way to estimate what credit limit you might get on an American Express card...
read full answerWhat credit score do you need for the American Express Gold card?
The credit score that you need for the Amex Gold card is 700, at a minimum. That means people with good credit or better have a shot at getting approved for this card.
Other American Express® Gold Card approval requirements:
You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Amex Gold card, too. Some other key criteria include your income, existing...
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