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So, we were approved for two amex cards 2 months ago and we just got our 60 day 3x credit limit increase.
How long is it until the next credit limit increase? Is it another 60 days, or do they do it automatically?
Also, are they good about lowering the interest rate on the cards?
Thank you
The next increase is in 180 days. Amex is pretty good at lowering interest rates so ring them and see what happens. Grats on your CLI..
Don't overlook the 3x CLI Guide.
http://ficoforums.myfico.com/t5/Credit-Card-Applications/The-Definitive-Amex-3X-CLI-Guide/td-p/18110...
60 days seems like it's no longer enforced but 6 months from the last CLI on any card is still in effect IIRC.
@xecutech wrote:Also, are they good about lowering the interest rate on the cards?
As long as your credit qualifies.
Thanks for the amex link, I will read through that.
Going to ask for them to lower the rate on my card. Wish me luck!
