No Preset Spending Limit‡
No Preset Spending Limit means the spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history. In certain instances, we may assign a specific spending limit to a Card Member's account. This can be due to a variety of factors such as credit score, past due payments with us or other creditors, or high balances on revolving credit accounts. If a Preset Spending Limit is placed on your account, we will notify you, tell you why, and explain how it impacts how much you can spend.‡
