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AMEX CLI QUESTION

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pat0812
Regular Contributor

AMEX CLI QUESTION

Hi,

 

I want to request a CLI from Amex and last month my FICO's went all up to about 759 because I finally paid off many of my balances and have UTI of 8%

 

My problem is that I checked this week my experian credit report and the last time AMEX made a soft inquiry on my credit was end of December so back then my UTI was around 34%

 

I was told that AMEX gives CLI's based on their last soft inquiry on file, so I need them to soft inquiry to see my updated credit report that is much better than in December.

 

Somebody else told me that since AMEX uses Free FICO Scores every month, that it means that AMEX has to make a soft inquiry every month, but for some reason I have a new FICO score dated on 1/23 but in my experian report no soft inquiry around that date from AMEX, the last one I see is December.

 

So can somebody clarify this? Does Amex really check my credit every month with this FICO score ?

 

 

FICO 8's EX 770 EQ 751 TU 771 (1/16/17)
Amex Gold Premier rewards ( Charge Card)
Amex Blue cash - $47,800 Wells Fargo - $15,000 Citibank Simplicity - $13,800 Barclays Apple - $13,000 Walmart Mastercard - $8000 Chase Slate - $7,200 Discover It - $5,500 Capital One - $5,250
Message 1 of 10
9 REPLIES 9
Anonymous
Not applicable

Re: AMEX CLI QUESTION

I'm not sure what they use to SP your credit, but I've had a BCP card with AMEX since Nov. 21st, 15... And they have 1 HP and 6 SP total so far. And that was up to date a weekago
Message 2 of 10
pat0812
Regular Contributor

Re: AMEX CLI QUESTION


@Anonymous wrote:
I'm not sure what they use to SP your credit, but I've had a BCP card with AMEX since Nov. 21st, 15... And they have 1 HP and 6 SP total so far. And that was up to date a weekago

In your experian report shows up just as american express ?? Or American express 2 ?

FICO 8's EX 770 EQ 751 TU 771 (1/16/17)
Amex Gold Premier rewards ( Charge Card)
Amex Blue cash - $47,800 Wells Fargo - $15,000 Citibank Simplicity - $13,800 Barclays Apple - $13,000 Walmart Mastercard - $8000 Chase Slate - $7,200 Discover It - $5,500 Capital One - $5,250
Message 3 of 10
NRB525
Super Contributor

Re: AMEX CLI QUESTION

The utilization may not even be an issue, and not even your scores by themselves.

 

When did you get the AMEX card?

What has your usage been?

What is the current CL and what amount of increase are you planning to ask for?

Any prior CLI on this card? If so when?

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 4 of 10
Anonymous
Not applicable

Re: AMEX CLI QUESTION


@pat0812 wrote:

@Anonymous wrote:
I'm not sure what they use to SP your credit, but I've had a BCP card with AMEX since Nov. 21st, 15... And they have 1 HP and 6 SP total so far. And that was up to date a weekago

In your experian report shows up just as american express ?? Or American express 2 ?


care to share the difference between the two? i have both on my experian SPs. 

Message 5 of 10
pat0812
Regular Contributor

Re: AMEX CLI QUESTION


@NRB525 wrote:

The utilization may not even be an issue, and not even your scores by themselves.

 

When did you get the AMEX card?

What has your usage been?

What is the current CL and what amount of increase are you planning to ask for?

Any prior CLI on this card? If so when?


I got the AMEX card in 2013 and I had an initial $4400 limit

I did the 3x CLI after 60 days and went up to $13,200, since then I never got a CLI, I asked once but was not approved (over a year ago)

I plan to ask increase to $24,500

At some point 1 year ago I had high balance of $6000 for several months but I paid it all off in once. Since a year ago I have been using it regularly but always PIF

 

I also have the gold reward charge card with Amex and I use it too and is a charge card so is PIF every month

 

FICO 8's EX 770 EQ 751 TU 771 (1/16/17)
Amex Gold Premier rewards ( Charge Card)
Amex Blue cash - $47,800 Wells Fargo - $15,000 Citibank Simplicity - $13,800 Barclays Apple - $13,000 Walmart Mastercard - $8000 Chase Slate - $7,200 Discover It - $5,500 Capital One - $5,250
Message 6 of 10
Anonymous
Not applicable

Re: AMEX CLI QUESTION

I believe it just said American Express

Message 7 of 10
NRB525
Super Contributor

Re: AMEX CLI QUESTION


@pat0812 wrote:

@NRB525 wrote:

The utilization may not even be an issue, and not even your scores by themselves.

 

When did you get the AMEX card?

What has your usage been?

What is the current CL and what amount of increase are you planning to ask for?

Any prior CLI on this card? If so when?


I got the AMEX card in 2013 and I had an initial $4400 limit

I did the 3x CLI after 60 days and went up to $13,200, since then I never got a CLI, I asked once but was not approved (over a year ago)

I plan to ask increase to $24,500

At some point 1 year ago I had high balance of $6000 for several months but I paid it all off in once. Since a year ago I have been using it regularly but always PIF

 

I also have the gold reward charge card with Amex and I use it too and is a charge card so is PIF every month

 


Interesting starting limit, $4,400.

 

One thing about AMEX, with the CLI request timing, you may ask for $24,500 now, and you might get it, or they may counter with something less. If the counter is less than $24,500, in 6 months, you can ask again to try to get the $24,500 level.

 

Using the AMEX CLI request feature is fun, it really is. The downside of waiting for the exact moment when you want to ask for the $24,500, is that if they give you the full $24,500, you won't have the AMEX CLI request feature to play with again Smiley Sad

 

Good luck, but you may be already well situated to get to $24,500, given a few years of solid history at this CL.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 8 of 10
takeshi74
Senior Contributor

Re: AMEX CLI QUESTION


@pat0812 wrote:

So can somebody clarify this? Does Amex really check my credit every month with this FICO score ? 


Any score is generated based on the data in a report.  A score cannot be generated without the report data.  That said, I don't know why you're not finding a corresponding SP for the score.  Are you sure you're pulling a report that shows SP's and not just HP's?

Message 9 of 10
Anonymous
Not applicable

Re: AMEX CLI QUESTION

Just last month I got the Everydat card with a $3500 limit and I created and acct and hit the love button 5 minutes later...It came back with new limit of $10,500 limit. AMX was very generous to me that day! 

Message 10 of 10
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