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
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.
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)?
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.
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.
since they don't like people carrying large balances for past 3 months even on their credit cards.
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
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.
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