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Personal Finance (Not Investing) • Overpayment to credit card account to increase credit line

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I have a promotional AmEx account with a credit line of $1,000. I must make $5,000 of purchases to qualify for the bonus. Can I make a one-time payment of $4,000 to my account (overpay) to bring the available credit line to $5,000 and then make a $5,000 purchase without running into issues?
Ask Amex, they have live chat. Generally no they don't like things like you suggest.
What is the rational reason they don't like making over payments?

Statistics: Posted by Carno — Sat Sep 07, 2024 9:22 pm — Replies 7 — Views 381



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