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Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012

61 Day CLI: >3x?

[ Edited ]

Plenty of chit chat about the 61 day CLI all over the web, but what I haven't seen mentioned is whether people try for and get CLIs greater than 3x.  

 

Amex thinks they took a risk on me by handing me a $1200 True Earnings.  Based on my report at the time, they weren't wrong to think that.  However, between the True Earnings and the Gold, I've charged about $3200 over the past 2 months.  It's not a huge amount, but it's decent.  I was restricted by the True Earnings limit and the fact that I've decided MR points don't do much for me right  now.  Most of my spending has been on the Freedom and More.  $7700 through the More and $4600 through Freedom.

 

My CLI day is today and I'm going to hit the button when I get home.  With the More reporting a $16k limit and the Freedom at $5k, I have an urge to ask for more than 3x the current limit.  $3600 just isn't all that much, relatively speaking.  

 

Does anyone have experience getting a 61 day CLI larger than 3x?

 

EDIT - about 45 seconds after posting this, I thought to myself, "wow, that's really up there on the scale of problems to have."  I imagine a similar issue showing up in a tweet from some ignorant teenager: "Will @amex #CLI me on my @costco card?  OMG can't decide!  #FML"

Valued Contributor
Duncanrr
Posts: 2,825
Registered: ‎06-08-2012

Re: 61 Day CLI: >3x?

I would stick to the 3x CLI request.  You have some good limits on the other cards and not knowing your DTI ratio I would tend to be more cautious.  Get the 3x CLI now and in 6 months then go for more. 

 

While I havent researched it here, I imagine that the mantra of 3x CLI at 61st day has been fairly tested in the past.  AMEX had a reason to give you the limit they did and I doubt little has changed in the 2 months since you started using the card to really change their mind too much.



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 688 TU 727 EX 704 CK 696 (FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Senior Contributor
youngandcreditwrthy
Posts: 5,981
Registered: ‎08-16-2012

Re: 61 Day CLI: >3x?

Lol.. A teenager wouldn't be able to get an Amex...
At 23, I feel proud to have gotten the Amex BCE!!!
Lol so don't feel bad...
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | CSP $10k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k | Express $3.05K | Myponts.com Visa $3.5k | Freedom Visa $1k| Amex Surpass $1k
Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012

Re: 61 Day CLI: >3x?


Duncanrr wrote:

I would stick to the 3x CLI request.  You have some good limits on the other cards and not knowing your DTI ratio I would tend to be more cautious.  Get the 3x CLI now and in 6 months then go for more. 

 

While I havent researched it here, I imagine that the mantra of 3x CLI at 61st day has been fairly tested in the past.  AMEX had a reason to give you the limit they did and I doubt little has changed in the 2 months since you started using the card to really change their mind too much.


Ye of little faith, Duncan.  I've removed a collection in that time and increased my FICO by more than 20 points.

 

But really, what's the worst they can do?  Counter?  Decline?

Valued Contributor
Duncanrr
Posts: 2,825
Registered: ‎06-08-2012

Re: 61 Day CLI: >3x?


djrez4 wrote:

Duncanrr wrote:

I would stick to the 3x CLI request.  You have some good limits on the other cards and not knowing your DTI ratio I would tend to be more cautious.  Get the 3x CLI now and in 6 months then go for more. 

 

While I havent researched it here, I imagine that the mantra of 3x CLI at 61st day has been fairly tested in the past.  AMEX had a reason to give you the limit they did and I doubt little has changed in the 2 months since you started using the card to really change their mind too much.


Ye of little faith, Duncan.  I've removed a collection in that time and increased my FICO by more than 20 points.

 

But really, what's the worst they can do?  Counter?  Decline?


Flag your account and decide to hit you with FR, comes to mind.  If you want to go for it then see what they say.  I'll be going for my 3x CLI on Nov. 23 for my Delta card (going to ask for 6k as my current CL is 2k).



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 688 TU 727 EX 704 CK 696 (FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012

Re: 61 Day CLI: >3x?


Duncanrr wrote:

djrez4 wrote:

Duncanrr wrote:

I would stick to the 3x CLI request.  You have some good limits on the other cards and not knowing your DTI ratio I would tend to be more cautious.  Get the 3x CLI now and in 6 months then go for more. 

 

While I havent researched it here, I imagine that the mantra of 3x CLI at 61st day has been fairly tested in the past.  AMEX had a reason to give you the limit they did and I doubt little has changed in the 2 months since you started using the card to really change their mind too much.


Ye of little faith, Duncan.  I've removed a collection in that time and increased my FICO by more than 20 points.

 

But really, what's the worst they can do?  Counter?  Decline?


Flag your account and decide to hit you with FR, comes to mind.  If you want to go for it then see what they say.  I'll be going for my 3x CLI on Nov. 23 for my Delta card (going to ask for 6k as my current CL is 2k).


Not particularly afraid of financial review.  I have the docs to back up my income.

Established Contributor
shakalaka
Posts: 546
Registered: ‎09-10-2012

Re: 61 Day CLI: >3x?

Well, still it is a hassle. And you never know the outcome. Do not wake the beast :smileyvery-happy:


Amex Platinum (NPSL) | Amex BCE (25,000) | Chase Sapphire Preferred (17,400) | Discover IT (11,200) | Chase Freedom (4,800) | Walmart (4,500) | CapOne (1,500) | Alliant CU Visa | Gone for good: CapOne secured (thx for getting me started) | Amex Zync (thx for getting me into AX)

FICO: TU 754 (1/18) EQ 731 (1/26) EX 748 (12/5)

Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012

Re: 61 Day CLI: >3x?

Asked for $5k.  7-10 day message.  We'll see!

 

Also, CSP arrived.  It's really pretty.

Valued Contributor
Duncanrr
Posts: 2,825
Registered: ‎06-08-2012

Re: 61 Day CLI: >3x?

Good luck to you. Over 4x current CL. Lets us know what they say.


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 688 TU 727 EX 704 CK 696 (FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012

Re: 61 Day CLI: >3x?

Negatory and no counter.  I'll receive an email explanation soon.    I'm guessing too many new accounts.


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