From: john boyle 
Newsgroups: uk.finance
Subject: Re: Consumer Credit Act and credit cards
Date: Wed, 21 Jan 2004 21:33:49 +0000

In message , James 
 writes
>MBNA use to have a maximum limit on their Platinum Plus cards (Could
>be others as well) of £50,000.  Don't know if they still do as their
>website doesn't state it anymore.
>
>So, if someone does get a limit of over £25,000 does it mean that they
>are not covered by the CCA?

It means that the agreement does not have to be a Consumer Credit Act 
regulated agreement.
> I assume this would be legal?

Yes.

>Do they offer this (high) limit because they are an American company
No.
>and possibly the CCA doesn't apply to them (ie because they are based
>in the US)

No, the lender is a UK company.
>or are there other (UK) credit cards that offer/extend a
>limit higher than 25k?

Loads.

CCA regulated agreements are aimed to protect the financially naive, 
hence the limit of £25k.
-- 
John Boyle