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Established Contributor
Uncle_Money
Posts: 530
Registered: ‎07-28-2008
0

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

Equifax Fico 785 as of 01/18/2012
Frequent Contributor
tsquad131
Posts: 474
Registered: ‎09-12-2010
0

Re: Go Amex! Finally, a little luv

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

FICO scores - 727 TU(Walmart)/ 727 EX(Amex app)/ 721 EQ(Discover app)
In My Wallet: BankAmericard Cash Rewards($2,000), Discover More($3,000), Chase Freedom($2,000), Fidelity Amex($1,000), Sam's Club Discover($4,400), SallieMae 5% Mastercard($5,000), Amex BCE($2,000) ,Citi Simplicity($2,000), Paypal SmartConnect($3,100), Walmart Store Card($2,350), Chase Amazon Visa($700), Target RedCard($500), Capital One Cash Rewards($750), Best Buy Store Card($1,900), HHGregg($2,000), Amazon Store Card($1,250),Newegg Preferred Account($2,000), Park West($2,000), BankAmericard Travel Rewards($5,000)
Valued Contributor
dalebb
Posts: 1,424
Registered: ‎08-28-2010
0

Re: Go Amex! Finally, a little luv

be happy with what u got:smileysurprised:

Established Contributor
Uncle_Money
Posts: 530
Registered: ‎07-28-2008
0

Re: Go Amex! Finally, a little luv

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

Equifax Fico 785 as of 01/18/2012
Established Contributor
learnin113
Posts: 541
Registered: ‎12-02-2011
0

Re: Go Amex! Finally, a little luv

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

Epic Contributor
Creditaddict
Posts: 22,064
Registered: ‎10-23-2007
0

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!

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
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
66 Cards and Counting :smileytongue:
Valued Contributor
boomhower
Posts: 1,863
Registered: ‎09-20-2011
0

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
concorduser
Posts: 6,026
Registered: ‎09-18-2007
0

Re: Go Amex! Finally, a little luv

I would wait 6 months and ask for next increase.

Frequent Contributor
birjest
Posts: 351
Registered: ‎09-23-2011
0

Re: Go Amex! Finally, a little luv

You made me laugh so damn hard:smileyvery-happy:   Damn that was funny, BUTTTTT, you would be a candidate for a FR.

11/15/13 EX 685(MY FICO) EQ 657(MY FICO) TU 659 (MY FICO).
Valued Contributor
Mustanglvr2006
Posts: 1,971
Registered: ‎02-06-2011
0

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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