A Credit Limit is a capped limit per transaction on your purchases using your credit card. American Express provides various modes through the cardholders can request a credit limit increase on their credit card. You can either get an automatic credit limit enhancement on your American Express credit card or you can request directly via email. In addition to this, American Express customers can also request a temporary credit limit increase based on their needs.
How Do I Check My Credit Limit?
You can check the credit limit of your American Express credit card by viewing their monthly statement. You can view this statement online or simply turn on a notification on the American Express app. Whenever you make a purchase over your fixed limit the alert is sent on your mobile.
Ways to Increase your American Express Credit Card Limit
The American Express cardholders can make a request to review, increase or decrease their credit limit through the credit limit enhancement feature. To apply for this feature, you must be an existing customer of the bank for more than 6 months. You can request for credit limit increase using the below-stated methods
- Pre-Approved Limit Enhancement
- Through Direct Request
- Temporary Credit Limit Increase
Pre-Approved Limit Enhancement
The American Express cardholders can get an automatic limit increase with the periodic review conducted for the eligible customers. If you are eligible for a limit increase the bank shall communicate with you through SMS. The customer should not have any default payments on their account to be eligible for limit enhancement. Cardholders with strong credit history automatically get a limit increase once in a while every 6 to 12 months.
Through Direct Request
If didn’t get an automatic credit limit enhancement offer on your American Express credit card. You can always reach out to the American Express customer executive with your queries for a credit limit increase to the bank. You can request a credit card limit increase online or by calling the customer care helpline. You will be required to mention all the necessary information related to your accounts such as employment status, gross income, and rental payments. Alternatively, you can also mail at [email protected] along with the required documents.
Temporary Credit Limit Increase
American Express cardholders can also get a temporary credit limit increase on their card. The credit enhancement is available to the customers only under certain circumstances. In case, the cardholder is need of a large sum of money they can apply for temporary limit enhancement. You will not be charged a fee for the limit increase request. and your credit limit shall be increased temporarily.
Documents required to Increase your Credit Card Limit
The American Express cardholder needs to mention their 16-digit credit card number along with the document provided below
- Last 2-month Salary Slips along with Bank statement stating salary credited
- Latest Income Tax Return and acknowledgment receipt ITR V
- Form 16 (both A and B)
It can take up to 3-4 days to process your credit limit increase request on your credit card by American Express
The customer can send a mail at [email protected] along with the necessary documents to make a request.
No, you are not charged with a fee on credit limit increase request on your American Express credit card.