cancel
Showing results for 
Search instead for 
Did you mean: 

How is the 61 day AMEX time period calculated?

Regular Contributor

How is the 61 day AMEX time period calculated?

I was approved for my credit cards around September 2nd/3rd.

 

Yesterday I tried to apply for the 61 day credit limit increase and was told that I wasnt eligible for one in 60 days.

 

Do they start the clock from time of approval or activation?

 

Also, do I have to wait 3 months now to try again?

Message 1 of 14
13 REPLIES
Established Contributor

Re: How is the 61 day AMEX time period calculated?

plz try to use the search function, this question gets asked every day or two, it's 61 days from approval date, but most people wait from the activation date. Regardless I wouldn't try at 61 just to be sure, and 63-64


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Message 2 of 14
New Contributor

Re: How is the 61 day AMEX time period calculated?

I think it is from the day your account was opened. That could be the day you applied or the days after it.

Scores: EQ-798 EX-802 TU-786

CC: |Amex PRG - NPSL| |Citi Simplicity - 22.6K| |CapOne No Hassle Rewards - 20K| |Chase Freedom 17.5K| |CSP 15K| |Discover IT - 7.8K| |Discover More - 6.1K| |GE PC Richard - 4.5K| |Amex Delta Gold - 3.5K| |Citi Goodyear - 2.5K| |CapOne Kohls - 1.5K| |GAP - 1.5K| |Macy's Amex - 1K| |Ann Taylor - 0.5K| |NY&C - 0.5K|
Message 3 of 14
Regular Contributor

Re: How is the 61 day AMEX time period calculated?


distantarray wrote:

plz try to use the search function, this question gets asked every day or two, it's 61 days from approval date, but most people wait from the activation date. Regardless I wouldn't try at 61 just to be sure, and 63-64


Sorry, I'm usually one of the first people to say "use the search function" as I too hate seeing the same question posted.

 

I did though,  and I kept reading conflicting advice.  Some people say its the date of activation, others say its the date of approval.

 

I think I'll try again in a week, and if not...then I'll try again at the end of the month.  

 

Moderators, you can feel free to delete this thread if you have the time.

Message 4 of 14
Senior Contributor

Re: How is the 61 day AMEX time period calculated?

Lmao. Omg. Every time I see this question, someone answers it differently. When I asked it last, someone insisted it was date of activation. Haha whenever mine is about due in a month or so, I'm going to directly ask one of the CSRs or maybe even contact an Exec or Supervisor....and then tell you guys haha.
The op is asking prob bc everyone says s'thing different! Silly :-P

Btw, there's no minimum wait time for clis with Amex. I read a post here that proved as such. Someone was denied the 61 day cli but then tried a month later, and he got it.

:-)
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 5 of 14
Valued Contributor

Re: How is the 61 day AMEX time period calculated?

You can apply anytime before the 61 day mark, just not a good shot at approval.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Message 6 of 14
Senior Contributor

Re: How is the 61 day AMEX time period calculated?

@youngandcreditworthy What do you mean there's no minimum wait time. Of course there is. 61 days and then 6 months. But jumping the gun does not reset the clock. Is that what you meant?

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


Take the FICO Fitness Challenge
Message 7 of 14
Senior Contributor

Re: How is the 61 day AMEX time period calculated?

Actually, I don't know why I am so sure. Things are changing all the time, but I have not heard if people getting CLI before day 61 or more often than 6 months. Happy to be corrected.

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


Take the FICO Fitness Challenge
Message 8 of 14
Senior Contributor

Re: How is the 61 day AMEX time period calculated?

No.. I mean if you get denied a cli, there's no min wait time to request a cli again.. So if you get a cli, yeah you have to wait. Lol I think it'd be silly to reequest/recieve one more often than that anyway. The fact that you can get an initial 3xcli at 61 days is amazingly shocking to me!! Haha :-)
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 9 of 14
Regular Contributor

Re: How is the 61 day AMEX time period calculated?

I applied and was immediately denied.

 

I then chose to electronically recieve my letter from AMEX and it the reason it gave for the denying the CLI was:

"Our bank policy does not permit us to increase the line of credit on your account within sixty days since opening this account."

 

 

Message 10 of 14