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Frequent Contributor
xiownthisplacex
Posts: 259
Registered: ‎08-29-2011
0

Re: AMEX CLI Denied :(


DeadSpider wrote:

Do you have OTHER CC with balances ? Car loan ? New CC last few months ?


I have about $2,500 between 2 cards (0%) with Amazon and Rooms to go, nothing else on my other CC. I have an open auto loan that I got in April. I did get both AMEX 2 months ago and just got my Select card this month. I have a few INQ that will fall off in 3 months, so I will try again then.


Starting Score Myfico EQ: 676 08/11/2011
Current Score: Amazon EQ Pull: 781 Walmart TU08: 782 AMEX EX Pull: 745 08/03/2014 Goal Score: 780+
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NPSL$1,000$18,000$9,500$5,000$5,000$5,500$8,000$5,300$9,000$5,500$4,200$1,900$4,000$1,600
Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012
0

Re: AMEX CLI Denied :(


xiownthisplacex wrote:

I have only charged $180 total in the 2 months and paid before statement cut..


This is your problem. You've only used the card for 2 months and for an amount that's frankly miniscule. On top of that you're asking for a 3x CLI when you're barely using whatever CL you already have.

 

 

From the eyes of Amex:

 

1) You don't need a higher CL given how little you've used the card so far. If you were charging a lot and was close to your CL both months, then it might be another story.


2) You don't have an established enough history with them to ask for a 3x CLI, especially given your small spending. People who receive 3x CLIs often have decent CLs/scores to begin with, have previous history with them, and/or push decent amounts of money through the card. You're 0/3 here.

 

If you really want a 3x CLI, you'll need to use the card a lot more often in the next several months. If you do this and always PIF, you'll be in a better spot to ask for a CLI in 6-9 months.

FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL

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