My payment history on this card is what American Express themselves calls “stellar” in their own records. Every 3 months, I call American Express and ask them to either:
- Raise by credit limit (careful, a high credit limit can be harmful too), or
- Lower the APR on the card
So far, they’ve done both in every case, granting me a higher credit limit and a nice, low APR.
I also check my credit scores every month online using “My FICO” and they are clean and pristine. Everything that was ever a mark on my credit has been removed and/or resolved. My credit score is rated as “Excellent”, and there are no faults at all on my history at this point.
So as a result of me being a good borrower, American Express decided to slash my credit limit by 30% (!!), the exactly amount of credit limit I wasn’t using on the card.
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