topic Re: Amex CLI timing? in Credit Cards

Amex CLI timing?

bichonmom — Tue, 02 Oct 2012 01:15:28 GMT

Does anyone know how the timing for the 2nd CLI w/Amex works? It's 6 mos, right? So, if I got CLI #1 in April (but don't recall exact date -- probably around the 25th). Then could I do a request for CLI in Oct or Nov? I had been thinking Oct. But since I got the CLI near the end of April, I'm wondering if they would count that as a month. Or do they go by the date (like with 61 days, which is pretty specific).

So would I need to wait till after Oct 25th? Or Nov? Or could I do earlier in Oct?

Thanks!

Re: Amex CLI timing?

Cageym — Tue, 02 Oct 2012 03:03:57 GMT

I understand that it is 6 months after the 61 day 3x.

Re: Amex CLI timing?

bichonmom — Tue, 02 Oct 2012 03:43:27 GMT

Cageym wrote:
I understand that it is 6 months after the 61 day 3x.

Yeah, I'm trying to figure out when people have been getting their 6-mos CLI. Since I got my CLI at the end of April, should it be the end of October? Or any time during October? Or should I wait until November to be over the 6-month mark?

Re: Amex CLI timing?

bichonmom — Wed, 03 Oct 2012 04:05:30 GMT

Can anyone share how you timed your 2nd CLI w/Amex?

Re: Amex CLI timing?

DrewH — Wed, 10 Oct 2012 14:12:42 GMT

Bump - I got approved for a CLI to 6k on April 10th and here we are exactly six months later and I'm sitting here looking at the CLI button--hesitantly.

Anyone know if it's smarter to wait another day just to be safe or should I go ahead and pull the trigger?

Re: Amex CLI timing?

Walt_K — Wed, 10 Oct 2012 14:32:26 GMT

As a simple exercise in credit self control, I suggest waiting a couple more days unless there is some super pressing need right this minute to get the credit increase. I never understand these (almost obsessive) threads about how to calculate the 61 days, whether from account approval or activation, etc. If you're unsure, is it really a big deal to wait a couple more days? I'm waiting for the discussion of whether the 61st day, or 6 month period, starts at midnight Greenwich Mean Time, or whether you have to wait to the hour that you activated your account.

On the flipside, I'm pretty sure if you apply early, it just says you are ineligible or something like that, and you can apply again whenever the correct time is, i.e., it doesn't reset the 6 month clock if you jump the gun. I know there are threads about this. A few searches should be able to confirm.

Re: Amex CLI timing?

DrewH — Wed, 10 Oct 2012 14:44:13 GMT

Thanks for the reply.

Yeah, I can't really explain my fascination (read: addiction) with credit & CLIs but I've had this day marked in my calendar for months and it's been on my mind nonstop this week. I guess a few more days won't hurt me. AMEX has been sending me a lot of promotional mail over the last couple months so hopefully that's a good sign.

Re: Amex CLI timing?

adavis425 — Wed, 10 Oct 2012 14:54:59 GMT

Yeah, I don't think it has to be to the day. As Walt basically says, it needn't be so precise. I think the 61-day and 6 month timeframes are just guidelines.

Re: Amex CLI timing?

LS2982 — Wed, 10 Oct 2012 15:55:18 GMT

Why not just wait til 11/1 and ask? I agree if its not really needed to use wait a little longer.

Re: Amex CLI timing?

injustifiiable — Wed, 10 Oct 2012 15:57:39 GMT

Does it have to be at 12:01 Utah time or according to your local time zone??? lol

Re: Amex CLI timing?

melbaro — Wed, 10 Oct 2012 16:19:57 GMT

Does the system notify you that you are applying too early if you request a CLI before the allowed timeframes...or does it give you a 7-10 message?

Re: Amex CLI timing?

JohnB222 — Thu, 11 Oct 2012 01:21:05 GMT

The system gives you 7-10 day message. On a similiar note, does anyone know minimum time waiting to submit new request after a declined CLI request? I asked for a small increase from 22k to 25k and was declined...tried a month or so later and got an error saying I was declined a CLI too recently.

Re: Amex CLI timing?

jd5189 — Thu, 11 Oct 2012 01:22:55 GMT

JohnB222 wrote:
The system gives you 7-10 day message. On a similiar note, does anyone know minimum time waiting to submit new request after a declined CLI request? I asked for a small increase from 22k to 25k and was declined...tried a month or so later and got an error saying I was declined a CLI too recently.

I think 30 days from denial... but it would have to be +6 months from your CLI.

Re: Amex CLI timing?

jd5189 — Thu, 11 Oct 2012 01:24:06 GMT

melbaro wrote:
Does the system notify you that you are applying too early if you request a CLI before the allowed timeframes...or does it give you a 7-10 message?

I think it's odd that some people can request a CLI too early. I only say this because, on my account, the option to request a CLI isnt available. It just have a little thing that you click and says you cannot request a CLI within 60 days of opening the acct.

Re: Amex CLI timing?

cs91 — Fri, 12 Oct 2012 03:29:26 GMT

I know if its not under the "manage credit" tab you can go to the "more account options" and select "increase line of credit". I am coming up on my 6 months later this month on my True Earnings but I dont want to chance it because I just got approved for the Blue Sky last week.

Re: Amex CLI timing?

cutemarty1 — Fri, 12 Oct 2012 09:58:09 GMT

where is this CLI button for amex? I never see it in my manage your limit tab.

Re: Amex CLI timing?

CruzImperial — Fri, 12 Oct 2012 11:33:50 GMT

More account options will open a pop up when you click it.

Re: Amex CLI timing?

youngandcreditwrthy — Fri, 12 Oct 2012 16:05:18 GMT

They make it hard to find. Worth noting that the "check spending ability" is seperate from the " increase credit line" button

Re: Amex CLI timing?

jd5189 — Fri, 12 Oct 2012 16:33:03 GMT

Ahhh. ok I see it now.