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Frequent Contributor
jd5189
Posts: 470
Registered: ‎08-14-2012
0

Re: AMEX CLI denied!

I think it was crashem that taught me about the Amex counter on the CLI request.

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.
Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
0

Re: AMEX CLI denied!

Oh, I believe it lol I've just never had it happen. I do remem GECRB countering with higher limits lol!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Contributor
nenuco
Posts: 228
Registered: ‎07-30-2011
0

Re: AMEX CLI denied!

Has anyone had luck with larger 3X CLI?

Garden Mode... kind of... sort of (•‿•)
Established Member
DeC
Posts: 18
Registered: ‎10-12-2012
0

Re: AMEX CLI denied!

also denied from 21.5k to 35k @ 130k/yr


Starting Score: TU 594 - EX 550
Current Score: TU 594 - EX 550
Goal Score: 720

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Moderator Emeritus
webhopper
Posts: 7,225
Registered: ‎09-16-2011
0

Re: AMEX CLI denied!


Tikon wrote:

AMEX BCE. Had the card 6 months now, put about $14000 through it with a $5400 credit line. used the online feature to request increase to $16,000. Got instant email saying declined. I called them and they said I was denied outright and not eligible for any CLI!

 

What!

 

I asked to speak to an underwriter and they said I would receive a secondary decision in the next few days.

 

I thought AMEX CLI was a sure thing? No derogs in my credit report now, very good credit card history. I had the no interest for 6 months thing so I wonder if carrying a balance here and there on the AMEX killed me?


Amex does not love you to carry a balance... :smileysad:

 

 


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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Established Member
Tikon
Posts: 37
Registered: ‎04-23-2012
0

Re: AMEX CLI denied!

Got my one and only reason:

 

Your overall debt with other creditors listed in your credit bureau report and the credit limits on your American Express Cards in relation to your reported income.

 

 

I have no inquiries past 6 months, 2k on a 20k car loan, ~2k in credit card balances on 54k total revolving credit, and 45k in student loans. Everything is in good standing and no late payments. My AmEx line was 5400, asked for 16,000.

 

I guess student loans are toxic to amex CLI chances.

Credit cards: $5400 AmEx BlueCash Everyday, $5000 BOA Signature Visa, $5500 Discover, $4000 Citi Plat Select, $1500 CapitalOne Platinum, $5000 B&N Barclaycard, $5000 Elan Financial, $4700 Chase Freedom, $2000 CapitalOne Journey (AU), $500 Chase Amazon, $600 Shell, $500 Kohls, $500 Goodys, $450 JCPenny
Valued Contributor
Duncanrr
Posts: 2,857
Registered: ‎06-08-2012
0

Re: AMEX CLI denied!

What's your income?


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

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New Member
jffy
Posts: 1
Registered: ‎10-29-2012
0

Re: AMEX CLI denied!

Just joined to report that I also just got denied a CLI request. I have 3 AMEX cards (5k, 5k, 10k), last one added a little over 6 months ago. I have 9 total cards with 65k total limits, 12% utilization, 6k balance on one 0% card, no late payments ever, and 782 on CreditKarma. 12k student loan debt. 

 

I've requested a few CLI's from AMEX in the past and always had them immediately accepted. I'd never asked for 3x my current limit though. This time, at 6.5 months since adding that last card, I requested a CLI from 10k to 25k. Immediately rejected with this message:

 

-----------------------

We were unable to approve the amount you requested.

Reason(s) for Our Decision
Your overall debt with other creditors listed in your credit bureau report and the credit limits on your American Express Cards in relation to your reported income.

-----------------------

 

It's a bummer. I guess I shouldn't have asked for so much, but I'd heard so much about the 3x standard and every other request had been immediately accepted, so I expected great things. 

 

Is it 3 months to wait before requesting again after a denial? Or 6 months?

 

 

Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012
0

Re: AMEX CLI denied!

90 days after a denial, supposedly.  After my phone call today, I'm not so sure it's a hard rule.

Valued Contributor
sccredit
Posts: 1,119
Registered: ‎09-14-2012
0

Re: AMEX CLI denied!

I personally have a cold-hot relationship with AMEX.  Every few years they aggressively send me offers, I eventually cave and we're in love again.  Then a few months go by and they piss me off, I cancel them and we hate each other for a while.  Cycle repeats itself over and over.  This time I'll just let them go away.

 

Don't take anything for granted with American Express, never feel like they owe you anything because as soon as you do they'll show you they could care less about you.  Enjoy the credit limit you do have and try to start growing your others

Never take credit personally

Amex BCP $24,900; Chase Sapphire Preferred $24,200; Discover It $12,500; Chase Ink Cash $15,000; Chase Slate $13,500; Citi TYP $12,900; Amex SPG Biz $3,000; DCU Visa $10,000; Logix FCU $15,000; Citi Home Depot $8,800; Lowes $8,000; Care Credit $6,000; Penfed Platinum Sig $16,000; Barclay Arrival Plus WEMC $15,000; US Bank PLOC Overdraft $1,500; US Bank Perks+ Visa Signature $8,600; US Bank Edge Rewards Business $10,000; PenFed PLOC $5,000


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