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Frequent Contributor
L-TWT
Posts: 290
Registered: ‎12-18-2011

I just Can't Figure AMEX Out!!!!

I have been a member with AMEX since 2006, and all in all, my experience has been excellent. If I can remember correctly when I first opened my acct my starting CL was ~2K and has grown to 30K w/o any automatic increases, all self initiated SP's VIA the online automative system. So to answer ever1's queation, the automative system will allow approves over 25K, but will try trigger AMEX to FR your acct. With that said my acct was FR'd, I submitted the paper work and 30K CL OK'd. Around 2009/2010 CL dropped to 6.7K w/o warning, that was ok with me, b/c that was around the time the economy was in the tank. So in the mid of 2010 I called to have my CL dropped to 5K b/c  I only used the card for groceries & gas. So in late 2012, I added my brother as an AU on my acct b/c he was on a fixed income due to suffering a stroke. Now, from January 2013 to March 31, 2013, I kid you not, I have received a total of 7 automatic CL increases, which brought my CL to 35K. This has really baffled me for my income is the same, Credit score the same & my brother does not help pay towards my monthly payment. So what do u guys think?

Portfolio: Amex BCE (21.6k) | Cap1 QS VS (15k) | Citi Dividend WEMC (30K)

"Having a credit card is nice, but cash is king"
New Contributor
Blurbz
Posts: 114
Registered: ‎03-14-2013

Re: I just Can't Figure AMEX Out!!!!

They are definitely a confusing company, sometimes.  My guess is that you are a valued customer with a low risk score, probably in large part due to the fact that you already went through, and passed, a Financial Review.  They know, in their system, what your credit limits were before the financial collapse and now that credit is becoming more readily available, they don't want to lose you to another company so they're being proactive in getting your limits back up to pre-2009 amounts.  Whatever you're doing, they obviously like it!

Valued Contributor
SpecFile
Posts: 1,357
Registered: ‎08-07-2007

Re: I just Can't Figure AMEX Out!!!!

^^^^^^exactly^^^^^^



Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: I just Can't Figure AMEX Out!!!!


Blurbz wrote:

They are definitely a confusing company, sometimes.  My guess is that you are a valued customer with a low risk score, probably in large part due to the fact that you already went through, and passed, a Financial Review.  They know, in their system, what your credit limits were before the financial collapse and now that credit is becoming more readily available, they don't want to lose you to another company so they're being proactive in getting your limits back up to pre-2009 amounts.  Whatever you're doing, they obviously like it!


This sums it up.

 

They trust you, and for a company like AMEX to back you like that you should be happy!! :smileyhappy:




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Valued Contributor
dodgerslv
Posts: 1,693
Registered: ‎06-16-2012

Re: I just Can't Figure AMEX Out!!!!


LS2982 wrote:

Blurbz wrote:

They are definitely a confusing company, sometimes.  My guess is that you are a valued customer with a low risk score, probably in large part due to the fact that you already went through, and passed, a Financial Review.  They know, in their system, what your credit limits were before the financial collapse and now that credit is becoming more readily available, they don't want to lose you to another company so they're being proactive in getting your limits back up to pre-2009 amounts.  Whatever you're doing, they obviously like it!


This sums it up.

 

They trust you, and for a company like AMEX to back you like that you should be happy!! :smileyhappy:


+1



biggest limits: BofA Privilege (33K)/ BofA Cash Rewards (27k)/ Citi AA WEMC (26k)/ Penfed Rewards (22.5k)/ Chase United Explorer (22k)
Fico 08 scores (6/21/14) EX: 758 TU: 759 EQ: 755 (high Utilization for me at the moment @10% so gardening mode).





Senior Contributor
youngandcreditwrthy
Posts: 6,154
Registered: ‎08-16-2012

Re: I just Can't Figure AMEX Out!!!!

Yeah... You're doing s'thin' right!!! Good job :-)
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Moderator
09Lexie
Posts: 24,414
Registered: ‎09-13-2012

Re: I just Can't Figure AMEX Out!!!!

Community Leader
Senior Contributor
myjourney
Posts: 25,246
Registered: ‎02-07-2013

Re: I just Can't Figure AMEX Out!!!!

AMEX is a tuff nut to crack but you must have a hammer Lol

Keep cracking that shell:smileywink:

"Intelligence plus character--that is the goal of true education"
Cap1 EO link below
http://lmgtfy.com/?q=Capital+One+CEO+email+address+#seen
Last 5 apps 6/6/13
Senior Contributor
youngandcreditwrthy
Posts: 6,154
Registered: ‎08-16-2012

Re: I just Can't Figure AMEX Out!!!!

If I can just get to $24,500 on my BCE, I'll be so so so so HAPPY!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Moderator
webhopper
Posts: 7,230
Registered: ‎09-16-2011

Re: I just Can't Figure AMEX Out!!!!

Good job. My guess is that they are trying to retain you and keep u happy.

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
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