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Established Contributor
Posts: 627
Registered: ‎07-28-2008
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Go Amex! Finally, a little luv

So I've had the American Express Blue Cash card w/ a $4K CL for exacly 1 year this month. Never got any luv. Tried once in the past and was quickly declined.


Today I decided to pull the trigger and ask for an increase via the automated phone system. The computer said it could take requests up to $25K. Since I never had any luck with increasing the line on this card, I figured I wouldn't push my luck. I asked for a total credit line of $12K. Entered my annual income and seconds later was approved for a total CL of $12K!! Best part is, no hard pull on my Experian report! Go Amex!


Question: What would happen if I called and told them I meant to ask for $25K?? Who thinks I should do this? Majority will make my decision..............


Uncle Money

Frequent Contributor
Posts: 476
Registered: ‎09-12-2010
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Re: Go Amex! Finally, a little luv

i would be prepared for a financial review if you requested that much

FICO scores - 658 TU(Walmart)/ 663 EX(Amex app)/ 658 EQ(Discover app)
In My Wallet: BankAmericard Cash Rewards($1,100), Discover IT($4,000), Chase Freedom($1,500), Fidelity VS($1,000), Sam's Club Discover($4,400), SallieMae 5% Mastercard($5,000), Amex BCE($2,000), Paypal Extras MC($5,750), Chase Amazon VS($700),Capital One Cash Rewards($3,500), Best Buy Store Card($1,900), HHGregg($4,000), Chase CSP($8,000), CHASE FU($4,500)
Valued Contributor
Posts: 1,424
Registered: ‎08-28-2010
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Re: Go Amex! Finally, a little luv

be happy with what u gotSmiley Surprised

Established Contributor
Posts: 627
Registered: ‎07-28-2008
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Re: Go Amex! Finally, a little luv

LOL... 0 out of 2 so far ............

Established Contributor
Posts: 541
Registered: ‎12-02-2011
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Re: Go Amex! Finally, a little luv

Isnt 3X your current CL the norm and maybe highest?

Epic Contributor
Posts: 29,402
Registered: ‎10-23-2007
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Re: Go Amex! Finally, a little luv

yes 3x your current CL every 6 months is max increase at a time. you could open another account though... but I would do it Jan. 1!

Valued Contributor
Posts: 1,884
Registered: ‎09-20-2011
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Re: Go Amex! Finally, a little luv


tsquad131 wrote:

i would be prepared for a financial review if you requested that much


I'd say he's fine.  3x CL for CLI request is commonly accepted practice with Amex.

Super Contributor
Posts: 6,211
Registered: ‎09-18-2007
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Re: Go Amex! Finally, a little luv

I would wait 6 months and ask for next increase.

Frequent Contributor
Posts: 388
Registered: ‎09-23-2011
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Re: Go Amex! Finally, a little luv

You made me laugh so damn hardSmiley Very Happy   Damn that was funny, BUTTTTT, you would be a candidate for a FR.


5/30/15 EQ 596; TU 605; EX 580.
10/17/16 EQ 632; TU 656; EX 647
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Valued Contributor
Posts: 1,971
Registered: ‎02-06-2011
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Re: Go Amex! Finally, a little luv


concorduser wrote:

I would wait 6 months and ask for next increase.


+1

 

Congrats on the Awesome CLI!!!!


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Current Score: 3-03-12-EQ-802 TU-806 EX-798 (EQ Beacon 9: 804 Lender Pull 3-08-12) All FICO's
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