@K-in-Boston wrote:
Just to clarify again, there is a huge difference between AmEx asking for POI when you request a CLI and an actual Financial Review. Asking for tax transcripts is just them certifying that your income is real, and it is optional - you can just ask for a lower credit limit increase. A financial review is not optional and AmEx freezes all of your accounts until it is completed. I have not read of anyone triggering a FR due to asking for a CLI. Be late or miss some payments, suddenly hit 90% overall utilization, etc... yes, but CLI no.
Thank you for clarifying, I did not know there was a difference but this is all very good to know.
Proof of Income (POI):
- Can be requested on CLI
- Can be circumvented by requesting a lower limit
- Asking for tax transcripts
Financial Review (FR):
- Can not be triggered on a CLI
- Can not be circumvented by any means
- Freezes your accounts
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