Confirmed: American Express Does Have A New 4 Card Limit
Last week I wrote about the rumblings that there was a new 4 card limit being cited from American Express. Several people had reported the 4 card limit as the reason they were being denied on their new applications. The Amex reps even cited the 4 card limit as the reason. It was believed that this included charge and credit cards so I reached out to AskAmex on Twitter for clarification. And they confirmed that American Express does have a new 4 card limit and it is for credit cards. The charge card limit is still 10 cards.
Yes, we do have limits on Lending Consumer and Lending Business cards. The limit is four total of Consumer or Business lending cards. The limit for charge cards is ten.
— Ask Amex (@AskAmex) May 19, 2020
I went into more detail on why this will be an issue for many in the post last week. But it is good to see that they are not including charge cards in the count, or at least they are not supposed to be included. I know there have been reports that they were included on some of the denials.
It is also possible that the rep is inaccurate, that would not be a shock. But I think it is likely correct. They took a day to respond, which I assume was to get the info correct. It also falls in line with them limiting the charge cards allowed several weeks ago to 10 per person. And they have always treated credit cards and charge cards differently. So this all lines up with American Express’ M.O.