What is a credit limit?

A credit card limit is the maximum amount of credit you can use on your Card, set when your application is approved. 

How do you determine my credit limit?

As per MAS regulations, you may be assigned a maximum credit limit of up to 4X your monthly income based on the income document you provide, which is subject to our internal policies. Your total limit, a maximum of 4X your monthly income, will be split amongst your American Express Cards issued in Singapore (excluding the Cards issued by our local bank partner).  

For American Express Charge Card Holders:
If you earn greater than $120,000 per annum, you may also enjoy no pre-set spending limit on your Charge Card.  

With no pre-set spending limit, your transactions are approved based on your spending patterns and payment history. For security purposes, if you intend to make a purchase of considerably higher value, please call us in advance to avoid any inconvenience or delays when the transaction is being processed.

Can I change the limit on my credit card?

You can request to change your credit limit at any time with American Express, and your account must be open for more than six months. 

If you’d like us to review your permanent credit limit, please visit go.amex/sglimitreview and follow the steps below:

1. Log in to “My Account”
2. Retrieve your income data* using Myinfo with Singpass
3. Validate details and submit

*For Singaporeans and PRs with Singpass only. For foreigners and Card Members without Singpass, kindly enter your information and upload your income documents manually.

Please note that both Basic and Supplementary Card Members’ consents are required for credit limit review application. If you have any Supplementary Card(s), please download and attach this form under ‘Document Upload’ before submitting your application.

Other credit limit review terms and conditions^ apply.

If you’d like to request for a temporary increase of limit, please note that it is only available for limited circumstances. Please contact one of our Customer Care Professionals at the number on the back of your Card for more assistance. 

If I choose to lower my Credit Card limit, can I increase it again? 

Yes, you can apply for a credit limit increase at any time. Approval will be subject to internal review and meeting documentation requirement.