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Frequent Contributor
Posts: 283
Registered: ‎03-19-2013
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Amex BCE cli question.

so about 4 days ago i requested a increase from 1000 to 1,500. i got  message saying we will send a written response with 7-10 days.   today i got the letter  which i thought would be a denied message. but i actually got a message saying they need my IRS 4506T form. is this common for such a little increase? and wat are my odds of approval?


*21 Years Old* Started my credit at age 19
Chase Sapphire Preferred Visa Signature- $9,200 II TFCU - $2,500 II Amex BCE - $2,400 II Wells Fargo Cash Back College Card - $1,900 II Paypal Extras Mastercard - $5,600 II American Eagle VISA - $3300 II Best Buy Mastercard - $3,000 II Kay Jewelers - $7,600

Regular Contributor
Posts: 163
Registered: ‎06-22-2013
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Re: Amex BCE cli question.

Details on your history please
Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: Amex BCE cli question.

Frequent Contributor
Posts: 283
Registered: ‎03-19-2013
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Re: Amex BCE cli question.

im not a student, income 32,000


*21 Years Old* Started my credit at age 19
Chase Sapphire Preferred Visa Signature- $9,200 II TFCU - $2,500 II Amex BCE - $2,400 II Wells Fargo Cash Back College Card - $1,900 II Paypal Extras Mastercard - $5,600 II American Eagle VISA - $3300 II Best Buy Mastercard - $3,000 II Kay Jewelers - $7,600

Frequent Contributor
Posts: 283
Registered: ‎03-19-2013
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Re: Amex BCE cli question.

Year and a half of credit history, no baddies ever. no late payments. about 45% util overall


*21 Years Old* Started my credit at age 19
Chase Sapphire Preferred Visa Signature- $9,200 II TFCU - $2,500 II Amex BCE - $2,400 II Wells Fargo Cash Back College Card - $1,900 II Paypal Extras Mastercard - $5,600 II American Eagle VISA - $3300 II Best Buy Mastercard - $3,000 II Kay Jewelers - $7,600

Super Contributor
Posts: 10,866
Registered: ‎04-22-2013
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Re: Amex BCE cli question.

So first question is, do you want to play?  Some people don't, feeling that providing tax forms is too intrusive.   For such a small potential increase, I might decide not to in this case.  If you don't, your CLI request goes away, you just keep your current limit.

 

Have you had the card long?  Have you been spending a lot compared to your income?

Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: Amex BCE cli question.

[ Edited ]
Ok, I saw the College Card and assumed you were a student.

If you do not execute the firm, the CLI will probably be declined. I agree, that's a sm amount for income documents.

45% util is kinda high. Were the balances being carried?
Frequent Contributor
Posts: 283
Registered: ‎03-19-2013
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Re: Amex BCE cli question.

yes im 45% util on all my total credit, since i dontplan on apping anytime soon ive been using my credit lines.     and i was a student 2 years ago but not anymore.


*21 Years Old* Started my credit at age 19
Chase Sapphire Preferred Visa Signature- $9,200 II TFCU - $2,500 II Amex BCE - $2,400 II Wells Fargo Cash Back College Card - $1,900 II Paypal Extras Mastercard - $5,600 II American Eagle VISA - $3300 II Best Buy Mastercard - $3,000 II Kay Jewelers - $7,600

Frequent Contributor
Posts: 283
Registered: ‎03-19-2013
0

Re: Amex BCE cli question.

ive had it for about 3 months. i spend on it frequently


*21 Years Old* Started my credit at age 19
Chase Sapphire Preferred Visa Signature- $9,200 II TFCU - $2,500 II Amex BCE - $2,400 II Wells Fargo Cash Back College Card - $1,900 II Paypal Extras Mastercard - $5,600 II American Eagle VISA - $3300 II Best Buy Mastercard - $3,000 II Kay Jewelers - $7,600

Frequent Contributor
Posts: 271
Registered: ‎02-10-2013
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Re: Amex BCE cli question.

[ Edited ]

Were you a student with a different income when you first got the BCE? That might be why they want docs.

 

ETA: Just saw your post. Then idk. There must be something else going on... 

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