QUESTION
Is there a spending limit on the American Express Platinum Card?
ANSWER
The American Express Platinum Card is a charge card rather than a traditional credit card, which means that, while there may not be a predefined spending limit, purchases are approved based on a variety of factors including the cardholder's credit record, payment history, and personal financial resources. This flexibility means that the spending capacity can vary among cardholders and can also change over time. It is important for Platinum Card members to manage their accounts responsibly to maintain purchasing power according to their individual circumstances and to prevent declined transactions. Additionally, for larger purchases, cardholders can contact American Express for pre-approval to ensure smooth transactions.
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