From: Jonathan Bryce 
Subject: Re: Barclaycard Foreign Transaction hassles.
Newsgroups: uk.legal uk.finance
Date: Mon, 14 Aug 2006 23:27:36 +0100

nightjar wrote:

> It certainly used to relate to credit limits and probably had its origins
> with American Express practice. AMEX gold cards have no pre-set spending
> limit, which distinguishes them from their green cards, which do.
> Established AMEX customers may be offered an upgrade to platinum, which I
> think is related to income and hence to the amount that is likely to be
> authorised for a transaction. AMEX Centurion (black) cards are only
> offered to customers with a certain spend level (ISTR $50,000 per month).

My Amex gold card does have a credit limit.  I was offered a platinum which
doesn't, but as it comes with a £175 annual fee, I declined the offer.

My income is about average or slightly above average, and my card
expenditure is pretty negligible.