The American Express Gold Card limit is determined on a month-to-month basis, depending on the cardholder’s previous spending habits, income, credit standing, payment history and other factors. That is because Amex Gold has a feature called no preset spending limit, or “NPSL,” and it results in the monthly spending cap not being disclosed to the cardholder.
While no pre-set spending limit 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 you never know exactly when a future purchase will be declined. There are reports of cardholders getting messages from Amex telling them that they are approaching the amount they can spend, though.
If you’d rather get a card with a set credit limit, some good rewards card options from Amex include the Cash Magnet, Blue Cash Preferred and Blue Cash Everyday cards.
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