I never even knew what my limit was. It was simply listed as "no pre-set spending limit.". Now we all know that there is obviously a limit but i've never seen it published anywhere.

Actually, I recently went from $15500 to $25000 with my AMEX Blue - so nope.

Ecuadorgr said:InfiniTrent said:Actually, I recently went from $15500 to $25000 with my AMEX Blue - so nope.

Maybe they gave you $25k so that they can slash you to $20k and add you to that "1/2 of cardholders"?

Uh oh...they ARE tricky like that!

I call BS. That little tidbit isn't a quote... it's like the author made it up based on what is said later about less CLIs. Nothing's changed on my cards.

my blue credit went from 20k to 1500 but my plat stayed at 28k. the blue was barely used.

I closed my accounts when they tried to FR me.. Now they want a notarized statement from my CPA before they will open a new account for me.

No reductions on my $45K Starwood card. Makes me a little nervous though because that's one of my highest limit cards and I don't want it to get cut when I do my upcoming AOR.

Doing a little more research

Washington Post article

Post article said:American Express spokeswoman Kim Forde said the company typically adjusts less than 20 percent of its customers' credit limits annually. Traditionally, 80 percent of those adjustments are to raise the limit, while the remainder are decreased. That ratio began changing in October and now sits at about 50-50.

So, this isn't exactly what was printed in the Times article, maybe they got it wrong. It does illustrate that AMEX is lowering credit limits much more frequently though.

I just got my cards reinstated from $500 each to $24.9k and $10.3k last week after a 5 month stint. Hoping I won't get bumped right back down again!