Business Charge Card Dynamic Limit
Hi all,
I got my AMEX Qantas Rewards a month ago and and am not getting anything over a 20k soft limit. Initially, the spending power tool approved me for 45k but then the card declined at around 15k. Paid it off twice since and ran ~40k through it but still stuck at 20k. I have around a year history with AMEX with both my cards in good-standing so I doubt that would be an issue.
It's just annoying getting a card for cashflow when it only approves me for around 2 weeks of transactions in a semi-low-spending month.
Have a lot of people been getting lower dynamic limits lately? Are there any tips to increasing the limit? I always was under the impression that spending a lot and paying off often is really all there is to it. Cheers.