Reply
Established Contributor
Posts: 951
Registered: ‎05-27-2009
0

Amex CLI?

Hey everyone,

 

Dropped AMEX an email today asking about a credit line increase since they chopped mine from 13k to 6.5k a couple weeks ago. Mentioned I have been a member for 5 years and never missed a payment, etc. She sent me back a link to the "credit line increase request page" and said "they needed to get some more information". 

 

Does anyone know if this is going to trigger a hard pull? I'd like to get my credit line back up so my utility goes back down a little (carry a balance on the card).

 

Thanks!


Starting Score: 627 EQ, 621 TU - 11/15/08
Current Score: 778 EQ, 781 TU, 778 EXP 07/20/12 Lender Pull
Goal Score: 800 EQ & TU


Take the FICO Fitness Challenge
Senior Contributor
Posts: 3,279
Registered: ‎08-03-2007
0

Re: Amex CLI?

Amex is always a soft on EX for CLI.
Here we go again...
Epic Contributor
Posts: 23,749
Registered: ‎10-23-2007
0

Re: Amex CLI?

you can't get CLI or new amex cards for 6 months after having something negative happen to an amex account.
Fico Scores: EQ- 662., TU 684 Barclay, EX 700 (3/21/15)

You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
72 Cards and Counting :smileytongue:
Valued Member
Posts: 36
Registered: ‎12-24-2008
0

Re: Amex CLI?

I called yesterday and the rep told me that all AMEX CLI requests will produce a hard inquiry.  Are you sure it is a soft?
Established Contributor
Posts: 851
Registered: ‎07-01-2008
0

Re: Amex CLI?

Maybe each Amex is handled differently wife requested a cli on delta and was told it would be a hard on EX...
Frequent Contributor
Posts: 403
Registered: ‎04-08-2009
0

Re: Amex CLI?

[ Edited ]

cdtotten wrote:

Hey everyone,

 

Dropped AMEX an email today asking about a credit line increase since they chopped mine from 13k to 6.5k a couple weeks ago. Mentioned I have been a member for 5 years and never missed a payment, etc. She sent me back a link to the "credit line increase request page" and said "they needed to get some more information". 

 

Does anyone know if this is going to trigger a hard pull? I'd like to get my credit line back up so my utility goes back down a little (carry a balance on the card).

 

Thanks


 
Amex used to run a soft-pull on you for modest CLI's. But when they started changing policies back in March they change this as well so I'm afraid it will be a hard-pull. If you call them they will tell you the same. If your credit is fine you should get the increase and it's worth it. When they (Amex) gives you an increase it's not for $100 or $200 it for a nice sum. Good luck though:smileywink:
King 
Message Edited by 74king on 06-20-2009 09:25 AM
Equifax 787, TransUnion 793, Experian ? FAKO--> Who Cares
Valued Member
Posts: 45
Registered: ‎01-31-2008
0

Re: Amex CLI?


74king wrote:

cdtotten wrote:

Hey everyone,

 

Dropped AMEX an email today asking about a credit line increase since they chopped mine from 13k to 6.5k a couple weeks ago. Mentioned I have been a member for 5 years and never missed a payment, etc. She sent me back a link to the "credit line increase request page" and said "they needed to get some more information". 

 

Does anyone know if this is going to trigger a hard pull? I'd like to get my credit line back up so my utility goes back down a little (carry a balance on the card).

 

Thanks


 
Amex used to run a soft-pull on you for modest CLI's. But when they started changing policies back in March they change this as well so I'm afraid it will be a hard-pull. If you call them they will tell you the same. If your credit is fine you should get the increase and it's worth it. When they (Amex) gives you an increase it's not for $100 or $200 it for a nice sum. Good luck though:smileywink:
King 
Message Edited by 74king on 06-20-2009 09:25 AM

 yep, just pulled my EX and it was a hard inq. I called AMEX, and they politely informed me that they have changed their policy regarding CLI. At least I got the CLI. Woohoo!

 

Super Contributor
Posts: 6,026
Registered: ‎09-18-2007
0

Re: Amex CLI?

Becareful with the CLI requests with Amex. When they chopped of my CL on Blue I asked for the CLI and next thing they started FR on me and asked for my Tax Returns. I asked them to close all 3 Amex accounts I have with them. I am happy with my FIA/Soverign Amex card.
Frequent Contributor
Posts: 403
Registered: ‎04-08-2009
0

Re: Amex CLI?


thevariable wrote:

yep, just pulled my EX and it was a hard inq. I called AMEX, and they politely informed me that they have changed their policy regarding CLI. At least I got the CLI. Woohoo!

Well thevariable I'm glad you received your increase as American Express can be a tad bit wacky sometimes especially since the policy changes they put in place this past March.
But as I stated before if your credit is fine you should get your increase and you did get yours, it's that hard-pull inquiry on your report instead of a soft-pull like they used too do that's a bit hard too swallow. 
Congrats once again on your increase.:smileywink:
King 
Equifax 787, TransUnion 793, Experian ? FAKO--> Who Cares
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.

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.