Strategy to obtain US Amex

[GerrardGerrard]

My credit limit is only $5k on my HSBC US credit card, do you think I could pay off my balance before the statement is produced to free up my credit limit?

I know over paying is generally frowned upon but is there a possibility of account closure if I do?

 

[albyd]

Aside from credit balances in credit cards, American banks call paying down our accounts and running them up again in the same billing cycle “credit cycling” and they don’t like it. Best to try to get a limit increase. How long have you had your card for? Usually 6 months since your last limit increase or since the credit card approval is a good rule of thumb.