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Originally Posted by Steen2
Then why do they have an interest rate?
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Some amex cards now are credit cards and not charge cards, hence the interest. Also it is a common misconception that the cards have no limit, they do infact. Try and charge 50k on a new card, you will get delined, unless you have the funds in your bank acct and they are assured of payment. They will start you off with a lower(unspoken) limit and raise it based on your payment performance.