Chase Student Starter Pack
in Banking, Insurance & Loans ·
The monthly payment cannot exceed $667..
I was actually trying to pick up a new computer myself, but the transaction got declined because the monthly card limit is capped at $667, and you also need to have the full amount sitting in your bank account... it feels somewhat counterintuitive and unnecessarily restrictive...
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Dear Mr. ******,
thank you for reaching out to us.
The American Express Gold Card designed for students does not support the processing of consumer installment loans.
This card is intended primarily for cashless transactions. Your maximum monthly spending limit per card is $0.67.
While this specific card does offer an option for installment payments through interest-free plans, please note that the total available credit is $667. For any purchase made via installments, you must possess sufficient available funds to cover the total cost of the product or service.
Sincerely,
Miro Dragičević
Customer Relations Department
Chase customer service department
Chase
Washington, D.C.
I was actually trying to pick up a new computer myself, but the transaction got declined because the monthly card limit is capped at $667, and you also need to have the full amount sitting in your bank account... it feels somewhat counterintuitive and unnecessarily restrictive...
->
Dear Mr. ******,
thank you for reaching out to us.
The American Express Gold Card designed for students does not support the processing of consumer installment loans.
This card is intended primarily for cashless transactions. Your maximum monthly spending limit per card is $0.67.
While this specific card does offer an option for installment payments through interest-free plans, please note that the total available credit is $667. For any purchase made via installments, you must possess sufficient available funds to cover the total cost of the product or service.
Sincerely,
Miro Dragičević
Customer Relations Department
Chase customer service department
Chase
Washington, D.C.