08-16-2012 01:37 PM
Question for the Experts:
Everyone says to call Amex 61 days after activation of their new credit card for your 3X CLI. Is this something that every card holder will get 100% of the time? Or will Amex counter with something less than 3X? I've heard this is also a SP (soft pull); could they deny you the increase due to opening multiple new accounts? I apped and was successful with (2) Amex cards, and (1) Chase card the past three weeks as well as CLI's on 3 of my cards which were SP's and auto CLI's.
Any help is appreciated.
08-16-2012 01:43 PM
no, its not an automatic approval, i was denied any increase after 61 days, They didn't like my $1000 balance on my $6k CL. I want to get my UTL back down below 10% and try again near december. When more stuff falls off.
08-16-2012 01:45 PM
So i'm wondering if my balance is PIF and at Zero at the time of CLI if it would be granted.....hmmm?
08-16-2012 01:50 PM
When you say balance, is it something that you carried over from month to month? I have been PIF each month but have some charges on my account about 1k for 5K limit. Do I need to pay in full regardless of when the next statement is?
08-16-2012 05:21 PM
I had about $500 on my BCE with a starting limit of 8K on my 61st day. I did not pay in full because I got 12 months 0% interest. I was approved for 19.5K and I asked for 20K and that's what they countered with.
08-16-2012 06:23 PM
I had about $600 balance on my AMEX BCP and called last night, my starting limit was $9k and I asked for $18k and was approved. Most of the time I PIF my AMEX sometimes i carry a small balance. My overall debt utilization is 15%. I didnt ask for 3x, just 2x. I applied for AMEX BCP in April, but did not call at 61 days cause i forgot and did it last night. I havent applied for any credit since April.