Reply
Established Contributor
Posts: 2,112
Registered: ‎09-25-2011
0

5 figure CLI Amex 61 days CLI?

I was wondering if anyone had good luck with requesting a $5,000 credit limit or more and getting 3x increase without a financial review.

 

I see $1,000 credit cards getting $3,000 , but how about my $5,500 going to $16,500? =) it would still be lower than my Navy CL by $500 but how much would you ask for? loland how many successes with a high limit


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Valued Contributor
Posts: 3,099
Registered: ‎10-02-2012
0

Re: 5 figure CLI Amex 61 days CLI?

It doesn't hurt to ask. They will counter if they want to offer you less. It seems like FRs being triggered via CLI occur when total credit exposure exceeds $35k.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Established Contributor
Posts: 2,112
Registered: ‎09-25-2011
0

Re: 5 figure CLI Amex 61 days CLI?

I think I'll wait past 61 days cause I just charged $15,000 on my Navy LOL, cause I used the convient check to put down on a house LOL, since I needed extra $15,000 cash to put down on a house for a cash only offer =)   once they see I charge $15,000 on my Navy and paid it off completely it should reflect very good , since my Navy interest rates are cheaper than most people's mortgages a few years ago it should be fun =)

 

I'll pay it off completely in about 3 months.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Regular Contributor
Posts: 136
Registered: ‎07-09-2012
0

Re: 5 figure CLI Amex 61 days CLI?


Dustink wrote:

It doesn't hurt to ask. They will counter if they want to offer you less. It seems like FRs being triggered via CLI occur when total credit exposure exceeds $35k.


When you say total credit exposure, do you mean the CL for that one card exceeding $35k, or the total amount of credit you have among all banks (which is what I presume)?


Starting Score (2015): EX: 748; EQ 737; TU 761
2014 Current Score: Discover FICO08 803 (1/15); EQ BE FICO 817 (1/15); PenFed FICO NextGen 799 (12/14)
Goal Score: All 775+ Available Credit: $100K+ Utilization: 10%
Gardening Since: Sept 2014
Valued Contributor
Posts: 3,099
Registered: ‎10-02-2012
0

Re: 5 figure CLI Amex 61 days CLI?


DesertLife wrote:

Dustink wrote:

It doesn't hurt to ask. They will counter if they want to offer you less. It seems like FRs being triggered via CLI occur when total credit exposure exceeds $35k.


When you say total credit exposure, do you mean the CL for that one card exceeding $35k, or the total amount of credit you have among all banks (which is what I presume)?


Total credit among AMEX. For example you have a BCP at 25k and an SPG at 7,500, requesting 3x on SPG may trigger FR.

 

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Valued Contributor
Posts: 3,099
Registered: ‎10-02-2012
0

Re: 5 figure CLI Amex 61 days CLI?

[ Edited ]

[Deleted[

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Valued Contributor
Posts: 3,099
Registered: ‎10-02-2012
0

Re: 5 figure CLI Amex 61 days CLI?


distantarray wrote:

I think I'll wait past 61 days cause I just charged $15,000 on my Navy LOL, cause I used the convient check to put down on a house LOL, since I needed extra $15,000 cash to put down on a house for a cash only offer =)   once they see I charge $15,000 on my Navy and paid it off completely it should reflect very good , since my Navy interest rates are cheaper than most people's mortgages a few years ago it should be fun =)

 

I'll pay it off completely in about 3 months.


Sounds like a good plan.

 

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Established Contributor
Posts: 2,112
Registered: ‎09-25-2011
0

Re: 5 figure CLI Amex 61 days CLI?

yea it should reflect good that I can manage a $15,000 balance fairly quickly, even at the time frame that keeps amex happy :smileywink: since they don't like people carrying large balances for past 3 months even on their credit cards.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Valued Contributor
Posts: 1,540
Registered: ‎01-29-2008
0

Re: 5 figure CLI Amex 61 days CLI?


Dustink wrote:

DesertLife wrote:

Dustink wrote:

It doesn't hurt to ask. They will counter if they want to offer you less. It seems like FRs being triggered via CLI occur when total credit exposure exceeds $35k.


When you say total credit exposure, do you mean the CL for that one card exceeding $35k, or the total amount of credit you have among all banks (which is what I presume)?


Total credit among AMEX. For example you have a BCP at 25k and an SPG at 7,500, requesting 3x on SPG may trigger FR.

 


Do you know someone who was actually triggered for a fr, or is there a recent thread about this issue, reason why I am asking in a few days I am going to request a cli on my amex costco and i have a bcp cl of 22K, thanks for any information.


Starting Score: EQ 546 TU 566
Current Score: EQ 693TU 08 729 EX 08 738Need to Garden/New Accounts
Goal Score: 800
Valued Contributor
Posts: 3,099
Registered: ‎10-02-2012
0

Re: 5 figure CLI Amex 61 days CLI?

[ Edited ]

tray wrote:

Dustink wrote:

DesertLife wrote:

Dustink wrote:

It doesn't hurt to ask. They will counter if they want to offer you less. It seems like FRs being triggered via CLI occur when total credit exposure exceeds $35k.


When you say total credit exposure, do you mean the CL for that one card exceeding $35k, or the total amount of credit you have among all banks (which is what I presume)?


Total credit among AMEX. For example you have a BCP at 25k and an SPG at 7,500, requesting 3x on SPG may trigger FR.

 


Do you know someone who was actually triggered for a fr, or is there a recent thread about this issue, reason why I am asking in a few days I am going to request a cli on my amex costco and i have a bcp cl of 22K, thanks for any information.


It is all hearsay from various boards online. Your experience may vary. There is no set criteria for FR.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.