Reply
Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
0

61 day CLI AMEX - questions (nothing to do with date of request)

I was approved for my Delta card with 2k limit on 9/14/12.  I activated and used the card for the first time on 9/20/12.  (61st day from approval would put it on 11/14/12 and from activation would be on 11/20/12)  I had marked my calendar to apply for the CLI on 11/23/12 as it would be at a good time to request it (Black Friday)

 

My two questions:

1. Would asking for CLI on Black Friday be a good or bad idea with AMEX?

2. My NFCU Flagship card should be reporting in about a month.  Would the presence of this high CL increase or decrease my chances for CLI with AMEX?  (wondering if I should request CLI before or after it starts reporting)

 

Thanks



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Member
Posts: 36
Registered: ‎05-31-2012
0

Re: 61 day CLI AMEX - questions (nothing to do with date of request)

I don't think it will make much of a difference. What WILL make a difference is your payment history with Amex. If you've PIF each month you shouldn't have any issues.

Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
0

Re: 61 day CLI AMEX - questions (nothing to do with date of request)

Yup.  Ive had multiple payments so far.  First month I pushed about 1k through card and made 2 payments of 500 (Paid reported balance in full).  Second month I pushed almost 1.8k through card and just paid in full.  The next statement date is 11/14.  I have another 1k to post to card that I will PIF prior to statement date and then will seek CLI soon thereafter.



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Member
Posts: 36
Registered: ‎05-31-2012
0

Re: 61 day CLI AMEX - questions (nothing to do with date of request)

You should have no problems then.

Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012
0

Re: 61 day CLI AMEX - questions (nothing to do with date of request)

Hope you get it!

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Community Leader
Valued Contributor
Posts: 1,406
Registered: ‎07-12-2011
0

Re: 61 day CLI AMEX - questions (nothing to do with date of request)


Duncanrr wrote:

I was approved for my Delta card with 2k limit on 9/14/12.  I activated and used the card for the first time on 9/20/12.  (61st day from approval would put it on 11/14/12 and from activation would be on 11/20/12)  I had marked my calendar to apply for the CLI on 11/23/12 as it would be at a good time to request it (Black Friday)

 

My two questions:

1. Would asking for CLI on Black Friday be a good or bad idea with AMEX?

2. My NFCU Flagship card should be reporting in about a month.  Would the presence of this high CL increase or decrease my chances for CLI with AMEX?  (wondering if I should request CLI before or after it starts reporting)

 

Thanks


With having had the card for a total of 63 days at cli app, payment history plays a very small role in the approval.  Also, the new NFCU account will likely not be factored into the approval/ denial either.  They will use a soft pull from after your approval to determine eligibility.  ( Usually within the first 30 days of approval) Also- your new NFCU app may have triggered a new SP which likely will be the SP they use.  If there wasn't too much change in your CR and your income based on their internal scoring systems will allow, you will get the 61 day cli.  I wish you the very best of luck on your cli app.  Just an FYI... Amex- Citi- Chase subscribe to a CRA service that alerts them to new HP activity so they know when you app new CCs.  


Starting Score: 642
Current Score: EQ 773, EX 780, TU 777 (All FICO)
Goal Score: 800+

Cards: NFCU Flagship 50K, DC 30K, BCP 28.6K, Arrival+ 25K, Citi DP 22.8K, CSP 20.5K, TotalRewards 20.5K, QuickSilver 20K

Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
0

Re: 61 day CLI AMEX - questions (nothing to do with date of request)

Thanks for the info.  I didnt know that those lenders would notice my apps :smileyhappy:  At least they are not Barclay but I'm done apping until refi.  The only app I would consider is to change my car loan if Cap1 ever agreed to the PIF I'm trying to get done.



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge

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 based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.