Reply
Valued Contributor
Posts: 4,389
Registered: ‎06-05-2013
0

Re: How to treat a new AMEX BCE

[ Edited ]

Slab wrote:

As far as the way I would use the AMEX BCE is charge amounts of $30 to $200 or thereabout several times in the billing cycle and pay each charge off a few days later when it posts. Does this seem like the appropriate way to approach this for a good CLI?


No one has done enough scientific testing to definitively answer such questions.  I just pay my BCP monthly and they gave me my requested CLI on the 61st day.  Multiple payments (unless hitting the ceiling) is too much hassle for me.  Do what works for you.  Better is always highly subjective.

Valued Contributor
Posts: 1,228
Registered: ‎05-10-2012
0

Re: How to treat a new AMEX BCE


youngandcreditwrthy wrote:
Yeah...
Just give it good usage !!!!
Here's my approx bal history, and i've received two 3xcli.
Month1 : bal $200 pd 200
Month 2: bal 563 pd 563 cli'ed from 3500 to 10500
Month 3: bal 3200 pd 500
Month 4: bal 3400 pd 750
Month 5: bal 3700 pd 370
Month 6: bal 3900 pd 800 cli from 10,500 to $24,500

On average, I've paid about 50% of my balance.
NEVER pay the min w Amex, that will get you denied for cli fo sho.
Good luck!

You went from 3,500 to 24,500 in 6 months??

 

Very nice.  I went Freedom instead of BCE this round, but man, I'm betting I won't be even close to that after 6 months (Even with hard pulls!)

  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
Chase Freedom $9500
DCU Visa $10000
Capital One QS $2000
AMEX BCE $3000
Lowe's CC $8500
WalMart CC $3100
BOA Platinum $600
AMEX Gold NPSL
Frequent Contributor
Posts: 283
Registered: ‎12-16-2011
0

Re: How to treat a new AMEX BCE

I agree with you snacktrader, I'm just going to charge my usual stuff. I'm not going to go overboard, just let my BCE be my go to card for a couple of months. Thanks a lot.


SnackTrader wrote:
Just to the OP is aware: many have reported receiving 3x CLIs (me included) with only minimal spending on the card. There is no reason to go break the bank to show 'usage', IMO. Charge what you normally would and pay it off before the due date. That's pretty much how I did it, and it got me a $9,000 increase.

 

Equifax FICO 781, Transunion FICO 821, Experian FICO 807,

810 goal on all three by 3-1-2015
Frequent Contributor
Posts: 283
Registered: ‎12-16-2011
0

Re: How to treat a new AMEX BCE

[ Edited ]

youngandcreditwrthy wrote:
Yeah...
Just give it good usage !!!!
Here's my approx bal history, and i've received two 3xcli.
Month1 : bal $200 pd 200
Month 2: bal 563 pd 563 cli'ed from 3500 to 10500
Month 3: bal 3200 pd 500
Month 4: bal 3400 pd 750
Month 5: bal 3700 pd 370
Month 6: bal 3900 pd 800 cli from 10,500 to $24,500



Great plan! It worked for you and those are great increases.

Equifax FICO 781, Transunion FICO 821, Experian FICO 807,

810 goal on all three by 3-1-2015
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.