In fact, the only reason that it will not exceed 100% on NPSL cards is that the latest FICO score caps it at that amount.

FORBES: The Pitfalls of No Pre-Set Spending Limit Credit Cards

While the average consumer does indeed have myriad questions about this topic, uncertainty is heightened among those using No Pre-Set Spending Limit (NPSL) credit cards.

FORBES: The Pitfalls of No Pre-Set Spending Limit Credit Cards

On the other hand, the NPSL credit cards offered by Visa and MasterCard are hybrids combining features of both charge cards and credit cards.

FORBES: The Pitfalls of No Pre-Set Spending Limit Credit Cards