Prepay Amex balance?

[as02]

Hi All- Is it possible to increase the available credit limit by pre-paying some of the balance ahead of statement generation?
My statement date on Platinum is the 26th, but I need to make a flight booking imminently.

Any other alternatives/ workarounds if the above isn’t possible?

[BA Flyer IHG Stayer]

Call and ask for a temporary credit limit increase?

[as02]

BA Flyer IHG Stayer wrote:

Call and ask for a temporary credit limit increase?

Is there any credit file implication of that?

[TGLoyalty]

You can pay down your balance before the statement is issued and keep spending. Not sure why that would be a question though.

If the question is can you over pay so it’s in credit and spend more than your total credit limit then No. For that you’d need a temp uplift as above but they might do a hard search to check depending on how much you’re asking for.

[Wiseoldman]

On my Amex business i often pay down the balalnce multiple times a month so that large payments can be made. Theoretically there is no fixed credit limit! PRepayment does not cause any issues.

[davidl]

Ona charge card you can call and the credit team will confirm your PAR. Essentially your credit limit. They can increase this is needed but you may need to send a bank statement or something.

[dms]

I was told by an Amex representative recently that you couldn’t spend more than your credit limit each month, as a way of stopping credit cycling. However, that seems to contradict some of the answers above and I’ve personally never tried it.

[LD27]

We’ve put a lot of travel through our BAPP recently and had reached our limit on a couple of occasions. There didn’t seem to be an issue paying balance off early and then spending again up to limit.

[rdmlondon]

When I was a few hundred away from my limit, I got an email saying I should make a payment to ensure continued smooth use of my card and avoid the possible risk of future transactions being declined (if over limit).

Which is what i did, then carried on spending.

So seems unlikely that they’re bothered about repaying and going again. After all more business for them.