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Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Can I click the amex luv button again?

 


joestay wrote:

Okay.  So, I followed your advice DI and I click the button again.  Instead of asking for $10k limit, I asked for $8k limit.  This is asking for $3k in increase.  I got approved.  My limit is now $8k.  I wonder if I should have just asked to increase it to $10k limit.  10 is such a nice number.  I'm happy.  Thanks


Congrats!  Atleast you got something.  Now you have to wait another 6 months. 

 

Frequent Contributor
Posts: 374
Registered: ‎01-08-2010
0

Re: Can I click the amex luv button again?

I guess if you want a credit limit increase, you must wait exactly at least 6 months.  

Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Can I click the amex luv button again?

 


joestay wrote:

I guess if you want a credit limit increase, you must wait exactly at least 6 months.  


Yes.  You'll receive a letter confirming your approval.  Keep that letter.  Your six months starts from the date on the letter that's forthcoming. 

 

Member
Posts: 19
Registered: ‎04-13-2011
0

Re: Can I click the amex luv button again?

What about if I recently opened an AMEX account? I don't have my luv button showing, but I guess that's because it's a new account, and I can't ask for a CLI just yet. Do you have any experience of how long it takes for the luc button to appear? I've heard some saying it might be 6 months, while others saying you might ask earlier than that...

Senior Contributor
Posts: 3,067
Registered: ‎11-02-2009
0

Re: Can I click the amex luv button again?


codax85 wrote:

What about if I recently opened an AMEX account? I don't have my luv button showing, but I guess that's because it's a new account, and I can't ask for a CLI just yet. Do you have any experience of how long it takes for the luc button to appear? I've heard some saying it might be 6 months, while others saying you might ask earlier than that...


Pretty sure the rule is no CLI within 60 days of opening a new account, or 6 months from your last request.  Since you're talking about a new account, you'll have to wait 60 days. 


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Can I click the amex luv button again?


codax85 wrote:

What about if I recently opened an AMEX account? I don't have my luv button showing, but I guess that's because it's a new account, and I can't ask for a CLI just yet. Do you have any experience of how long it takes for the luc button to appear? I've heard some saying it might be 6 months, while others saying you might ask earlier than that...


I received my first CLI within 3 months, but it was a small CLI.  It's best to wait until the full 6 months has elapsed before requesting a CLI. 

Member
Posts: 19
Registered: ‎04-13-2011
0

Re: Can I click the amex luv button again?

I'll try and wait the full six months though... hope to be able to resist the urge once the luv button appears Smiley Tongue

Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Can I click the amex luv button again?


codax85 wrote:

I'll try and wait the full six months though... hope to be able to resist the urge once the luv button appears Smiley Tongue


It's a soft pull, so if your resistant falls short, you can hit the button again. 

Frequent Contributor
Posts: 374
Registered: ‎01-08-2010
0

Re: Can I click the amex luv button again?

 


Walt_K wrote:

codax85 wrote:

What about if I recently opened an AMEX account? I don't have my luv button showing, but I guess that's because it's a new account, and I can't ask for a CLI just yet. Do you have any experience of how long it takes for the luc button to appear? I've heard some saying it might be 6 months, while others saying you might ask earlier than that...


Pretty sure the rule is no CLI within 60 days of opening a new account, or 6 months from your last request.  Since you're talking about a new account, you'll have to wait 60 days. 


It's supposed to be 6 months from your last CLI.  EXACTLY 6 month okay.  So, if you request a cli 5 days before that exact 6 month, it will be denied.  Luckily though, 5 days afterwards when it hits 6 month, you can get approved.

 

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