No Preset Spending Limit or Reward Credit Cards: The Excellent Credit Debate

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What does No Preset Spending Limit (NPSL) mean to you?  Many consumers, normally with excellent credit, take this popular credit and charge card feature to mean “no limit.”  They think that NPSL products—such as the charge cards offered by Chase and American Express as well as Visa Signature credit cards and World MasterCard credit cards—provide […]

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