Credit Card Center Advertiser Disclosure

Reply
New Contributor
Posts: 52
Registered: ‎01-19-2017
0 Kudos

Amex BCE 3x CLI - When is the SP?

[ Edited ]

I opened my amex with 2k limit in January. My 61st day will be 3/13/2017. My fico EX score at the time of approval was 663. Amex provides my EX score every 25th of the month so as of 2/25 my score increased to 668. However, as of today, while checking CCT, my score went up again to 670.

 

With my 61st day coming up, will Amex be pulling the 668 score from 2/25 or my score as of that day? I obviously prefer the higher score of 670 but not sure if would even be known to amex at the time of my increase request. Would the 2 point difference even matter?

 

The reason I bring it up is because of Amex's range when you view your score:

 

580 - 669 = Not Good

670 - 739 = Good

 

I've now moved up to the "Good" range according to Amex's range. On top of this, amex hasn't reported to EX yet, so I'm hopeful my score may increase again relatively soon. So should I go for it on the 61st day, or is there any benefit to waiting?

 

Thanks in advance for any insight!

Established Contributor
Posts: 835
Registered: ‎04-22-2014
0 Kudos

Re: Amex BCE 3x CLI - When is the SP?

They will use the last SP they have on you, not a fresh SP.
Scores as of5/20/16: EQ 800;TU 769; EX 793
Last CC app: 5/16.
Mortgage Refi 3/16
New Contributor
Posts: 52
Registered: ‎01-19-2017
0 Kudos

Re: Amex BCE 3x CLI - When is the SP?

Ok so would that be the Feb. 25th score update that Amex has on my account?

Valued Contributor
Posts: 2,667
Registered: ‎03-03-2008
0 Kudos

Re: Amex BCE 3x CLI - When is the SP?

It's totally up to you when you hit the button.  Amex looks at more than just your scores when they make a decision.  IF you think your score might put you into a different bracket for consideration then wait.  Amex is more concerned with whether your debt has gone up since opening the account, your use of Amex, payments made to them, etc.  We're the exception to the rule around here if you haven't figured that out.  Your average customer isn't going to think about doing a CLI wihtin 2 months of opening the account.  

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.